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| AEE > SEC Filings for AEE > Form 8-K on 5-Jun-2009 | All Recent SEC Filings |
5-Jun-2009
Other Events, Financial Statements and Exhibits
On June 5, 2009, Central Illinois Public Service Company, doing business as AmerenCIPS ("CIPS"), Central Illinois Light Company, doing business as AmerenCILCO ("CILCO"), and Illinois Power Company, doing business as AmerenIP ("IP") (collectively, the "Ameren Illinois Utilities"), filed requests with the Illinois Commerce Commission ("ICC") seeking approval to increase their electric delivery service rates. CIPS, CILCO and IP requested to increase their annual revenues from electric delivery service by $51 million, $28 million and $102 million, respectively. The electric rate increase requests are based on an 11.75 to 12.25 percent return on equity, a capital structure composed of 44 to 49 percent equity, an aggregate rate base for the Ameren Illinois Utilities of $2.4 billion, and a test year ended December 31, 2008.
Also on June 5, 2009, CIPS, CILCO and IP filed requests with the ICC seeking approval to increase their natural gas delivery service rates. CIPS, CILCO and IP requested to increase their annual revenues from natural gas delivery service by $11 million, $9 million and $25 million, respectively. The natural gas rate increase requests are based on an 11.25 to 11.60 percent return on equity, a capital structure composed of 44 to 49 percent equity, an aggregate rate base for the Ameren Illinois Utilities of $1.0 billion and a test year ended December 31, 2008.
The ICC proceedings relating to the proposed electric and natural gas delivery service rate changes will take place over a period of up to 11 months and decisions by the ICC in such proceedings are required by May 2010. The Ameren Illinois Utilities cannot predict the level of any delivery service rate change the ICC may approve, when any rate change may go into effect, or whether any rate increase that may eventually be approved will be sufficient for the Ameren Illinois Utilities to recover their costs and earn a reasonable return on their investments when the increase goes into effect. Attached as Exhibit 99.1 and incorporated herein by reference is the Ameren Illinois Utilities' press release regarding their filings with the ICC.
(d) Exhibits
Exhibit Number: Title:
99.1 Press release regarding electric and natural gas delivery service rate increase filings, issued on June 5, 2009 by CIPS, CILCO and IP.
This combined Form 8-K is being filed separately by Ameren, CIPS, CILCORP, CILCO and IP. Information contained herein relating to any individual registrant has been filed by such registrant on its own behalf. No registrant makes any representation as to information relating to any other registrant.
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