Pair of lawmakers critical of handling of Ameren transmission line project
A pair of local lawmakers has released a report that's critical of a proposed Ameren transmission line that would run through East Central Illinois.
Republican State Senator Chapin Rose of Mahomet and Republican Representative Adam Brown of Champaign said that the Federal Energy Regulatory Commission is giving Ameren a 12.38% rate of return on equity for the project.
Rose said that rate is too high, and that the cost will be passed along to Ameren customers.
Rose and Brown said they're asking Illinois' members of Congress to look into why the Federal Energy Regulatory Commission is giving Ameren such a high rate of return.
Meanwhile, spokesman for the transmission line project, Leigh Morris, said the project as it's proposed is neccesary to keep up with the demand for energy. And he said that the rate of return is appropriate for this project in order to attract investors.
The line would run from Missouri to Indiana, passing through Douglas and Piatt Counties. The Illinois Commerce Commission is expected to rule on the project by August 20th.