Watchdog Disputes Ameren's $570M Smart Grid Savings Promise

Law360, New York (April 20, 2012, 5:51 PM EDT) -- A consumer advocacy group on Friday questioned the comprehensiveness of a report from Ameren Corp.'s Illinois affiliate that promises up to $570 million in customer savings over the next two decades if state regulators sign off on a plan to support its smart grid technology.

The Citizens Utility Board said that without detailed enough information from Ameren, consumers can't be sure they will face consistent rates or that they'll benefit from the 10-year, $625 million project, which was approved last year by Illinois lawmakers in part...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.