ICC approves $309M cumulative rate increase for Ameren Illinois (2024-2027)

AMEREN CORP

ICC Order approved $309M cumulative electric distribution revenue increase vs. $332M requested by Ameren Illinois.
Annual revenue requirements: 2024=$1,206M, 2025=$1,287M, 2026=$1,367M, 2027=$1,422M.
Allowed ROE remains 8.72% with 50% equity capital structure; ROE is under appeal.
Ameren Illinois' appeal of the December 2023 ICC order on ROE is pending before Illinois Appellate Court.
Rate changes effective late December 2024; further appeals possible.

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