The Illinois Commerce Commission has ordered Ameren to cut its electric delivery rate by nearly $50 million.
That decision was approved by commission by a vote of 3 to 2 on Wednesday.
Ameren had initially proposed a reduction of $19.3 million from its current revenue from delivery service rates. The ICC is ordering the utility company to cut the rate by $48.1 million.
Ameren spokesman Leigh Morris said the utility company is disappointed by the decision and that the commission is not following the law.