Tag Archives: Noranda

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Economic development amendment would add boot heel support for SB 190

Economic development amendment would add boot heel support for SB 190

NEW MADRID, Mo. – SB 190 seeks to provide the Missouri Public Service Commission (PSC) new options to rehabilitate the state’s aging electric grid. The bill has already spent several hours on the Senate floor being debated, and now has a new economic development amendment being proposed that could lead to 500-600 jobs being created

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Evidentiary hearings scheduled in Ameren rate case

JEFFERSON CITY, Mo. – Evidentiary hearings in Ameren Missouri’s rate case will be held in February and March, the Public Service Commission (PSC) decided Wednesday. Last month, Ameren filed the rate case asking to increase annual revenues by more than $206 million. That averages about $99 million per year for residential consumers. The PSC will hold

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Ameren files rate case in response to Noranda closing

JEFFERSON CITY, Mo. – Ameren UE filed a rate case Friday with the Missouri Public Service Commission (PSC) asking for a $206 million rate increase. The company proposes that $74 million would go to improving electric infrastructure while $51 million would offset the loss of Noranda sales. Another $34 million would go towards increased transmission costs.

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Winners & Losers from the 2016 Session

Winners Speaker Richardson – This session may ultimately be remembered for voter ID and the year that Todd Richardson took his place as the most powerful leader amongst state Republicans. His leadership team led by Floor Leader Mike Cierpiot struck the perfect tone throughout session. He got to the high ground on ethics reform and

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Miller’s energy bills gain momentum heading into the Senate

JEFFERSON CITY, Mo. – Rep. Rocky Miller, R-Osage Beach, has made ratemaking reform a primary tenant of his work in Jefferson City this session. Miller has four bills related to ratemaking or energy reform practices. One bill hopes to ease modernization of the state’s electric grid and another would exempt small municipalities from the Net Metering

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MBEF applauds Senate grid modernization effort

JEFFERSON CITY, Mo. – The Senate Commerce, Consumer Protection, Energy and the Environment Committee, chaired by Sen. Ryan Silvey, R-Kansas City, voted out SB 1028, also sponsored by Silvey, dubbed the 21st Century Grid Modernization and Security Act. The bill, which was applauded Friday by Missourians for a Balanced Energy Future (MBEF), seeks to encourage investments

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Ameren, Noranda fight for grid modernization bill

JEFFERSON CITY, Mo. – A bill offered by Rep. Rocky Miller, R-Lake Ozark, primarily seeking to modernize the state’s electricity grid has set utilities companies at odds with many consumers in the state. Miller hopes the bill will streamline utility upgrades. The stated design of HB 2816, billed as the “21st Century Grid Modernization and Security

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After years of opposition, Ameren and Noranda reach historic pact

JEFFERSON CITY, Mo. – For the past several years, Missouri energy policy has been hamstrung in an increasingly vicious battle inside the Capitol between Ameren Missouri and Noranda Aluminum. Each session one would propose legislation and the other would oppose it leading to years of gridlock. Yesterday, the presidents of both companies signed a letter

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Noranda files bankruptcy, legislative action likely only avenue for survival

NEW MADRID, Mo. – Noranda Aluminum announced Monday they have initiated court-supervised restructuring under Chapter 11 of the United States Bankruptcy Code. Noranda has taken this action to have additional time and financial flexibility to evaluate options for its various business operations. There has been a great deal of discussion about a potential legislative deal between

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