Ameren UEs Greed-Missouri-Nuclear Reactor-

Here is some of the latest news on Energy (Electricity) Issues affecting the St Louis Area, Ameren UEs Nuclear Reactor Agenda is just plain GREEDY and will cost us the rate payers now and in the future.
  • Amerens goal is to charge the people of the St Louis Area, the ratepayers, millions of dollars up front for an unnecessary, risky, and expensive Nuclear Power Reactor Plant rather than investing in the cheapest energy resource available, energy efficiency
  • The proposed legislation would chip away at a 1976 ballot initiative supported 2-to-1 by Missouri voters. This law protects Missourians from investor-owned utilities charging ratepayers up-front for the construction of a power plant until it is producing electricity.
    • The proposed legislation-SB 321 and SB 406– would chip away at a 1976 ballot initiative supported 2-to-1 by Missouri voters. This law protects Missourians from investor-owned utilities charging ratepayers up-front for the construction of a power plant until it is producing electricity.
  • To understand the many other reasons why SB 321 and SB 406 are bad public policy, read Senator Joan Bray’s guest column in the Joplin Globe last month.                                                                                                                                                                                        
  • Ameren admits it cannot find investors to fund the Nuclear Plant because it is too risky and expensive.
    • Scotts Contracting/Facebook Page Latest Estimated Costs for Nuclear Reactor is $10 Billion. we’ll have to pay an additional $4 Billion Dollars                                             
    • Therefore, Ameren must pass SB 321 or SB 406 which shifts the financial risk of investment of a new nuclear plant from shareholders to ratepayers.  But while shareholders dodge the risk, they still receive a financial windfall if/when the reactor comes online and Ameren then sells the excess electricity out of state for a premium                                                                                                                                                                          
    1.  

      “If we went after the potential that we’ve seen in our own study,  we wouldn’t have to build another power plant for 20 years, and we could retire Meramec, and we’d be OK.  But we’d lose  $30 million a year. And we just can’t do that. It’s that simple.”
    -=-=-=-=-=-=-=-

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    Scott’s Contracting
    scottscontracting@gmail.com
    http://stlouisrenewableenergy.blogspot.com
    https://scottscontracting.wordpress.com

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    One thought on “Ameren UEs Greed-Missouri-Nuclear Reactor-”

    1. The providers of the Florida electric lines are forecasting a shortcoming in power potential due to new EPA guidelines, climate, and popular. Florida power rates have been very low resulting in a lack of new investment in power. This will make it even more complicated for the lines to keep speed as need for power in Florida is constantly on the go up.average monthly electric bill.

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