Ameren Corporation

01/09/2025 | Press release | Distributed by Public on 01/09/2025 09:08

Ameren Missouri launches multiyear cost saving programs for customers

New round of energy efficiency and demand response programs total $75 million in rebates and incentives

ST. LOUIS (Jan. 9, 2025) - Ameren Missouri will continue providing customers with opportunities to save money and energy after the Missouri Public Service Commission (PSC) recently approved the company's revised multiyear energy efficiency and demand response plan, under the Missouri Energy Efficiency Investment Act (MEEIA).

The energy company's portfolio includes the continuation of familiar programs for residential customers, including Peak Time Savings, instant discounts on smart thermostats and the Pay As You Save (PAYS®) home energy assessment. Business customers can also continue taking advantage of its demand response program and business energy savings program, BizSavers®.

Additional programs available through Ameren Missouri include:

  • The Single-Family Income-Eligible program, which provides a comprehensive package of whole-home upgrades and aims to achieve >10% energy reduction per home.
  • The Multifamily Income-Eligible program, which provides enhanced incentives for energy-saving upgrades that help tenants save money on energy costs while reducing maintenance costs for property owners.
  • A Business Social Services program to support energy efficiency upgrades (including assistance with completing paperwork) at facilities that supply food, shelter and other forms of care.
  • And coming later this year: FastTrack HVAC, an additional channel in the PAYS program for HVAC system installation that will allow expedited replacement on systems and financing through bill payments.

"Ameren Missouri's energy efficiency and demand response programs have been extremely beneficial to customers, communities and the state of Missouri for over a decade," said Tony Lozano, director of energy efficiency and demand response at Ameren Missouri. "These cost saving programs are more important now than ever before as we work with stakeholders to position Missouri as a great place to live and do business."

The PSC-approved programs advance Ameren Missouri's ongoing investment in energy and cost saving opportunities on customer's bills and have historically helped customers save more than $2.9 billion on their energy bills over the lifetime of their energy-efficient upgrades. The programs include:

  • $75 million in total rebates and incentives for residential and business customers.
  • $20 million allocated for income-eligible customers and social service agencies.
  • A goal of producing 102,000 megawatt-hours (MWh) in energy savings - equal to annual energy consumption of 8,300 average-sized Missouri homes.
  • $51 million invested annually in 2025 and 2026 toward customer demand response and energy efficiency programs, and $22 million in 2027 for demand response programs.

The plan and programs are the result of a proposal originally filed with the PSC in 2023 and later amended in 2024. To determine your eligibility and enroll in current energy efficiency programs, visit AmerenMissouri.com/EnergyEfficiency.

About Ameren Missouri
Ameren Missouri has been providing electric and gas service for more than 100 years, and the company's electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for its approximately 1.3 million electric and 100,000 natural gas customers in central and eastern Missouri. The company's service area covers approximately 60 counties and more than 500 communities, including the greater St. Louis area. For more information, visit Ameren.com/Missouri or follow us at @AmerenMissouri or Facebook.com/AmerenMissouri.