On this week's WUIS-SJR Business Report Tim Landis discusses Ameren's efforts to acquire land for the Illinois Rivers Transmission Line. Also the status of the Taylorville Energy Center land and a Chik Fil A coming back to Springfield.
Tim Landis & Bill Wheelhouse chat about business issues in central Illinois.
Consumers who buy their electricity from alternative energy providers have been seeing some price hikes lately. A consumer group is asking state regulators to look into it.
The Citizens Utility Board says the rate spikes are a recent trend in the four years of open competition in Illinois. CUB Executive Director David Kolata says he thinks the companies are unnecessarily trying to pass their extra costs from the harsh winter onto the customer.
Tim Landis, Business Editor of the State Journal-Register, joins WUIS' Sean Crawford for this week's business report.
They discuss how the clock is ticking for the former Esquire Theatre property at MacArthur Boulevard and South Grand Avenue, news involving a pair of restaurants and a court weighs in on Ameren's big project for a transmission line across central Illinois.
Regulators have signed off on a new transmission line that'd cut through central Illinois. The (Springfield) State Journal-Register reports (http://bit.ly/15024Oj ) the Illinois Commerce Commission approved all but 30 miles of Ameren's Illinois Rivers Project during a meeting Tuesday. The $1 billion, 380-mile transmission line would run through 19 counties, traveling from Quincy to the Indiana border. It'd affect about 8,400 landowners.
Utility regulators say Ameren Illinois needs to lower its electricity delivery rate in 2014.
The (Decatur) Herald & Review reports (http://bit.ly/1bsYiJy ) the Illinois Commerce Commission says the utility needs to cut its delivery rate by $45 million. The decision was announced Monday during an annual review and is set to take effect starting Jan. 1.
Ameren officials say they're still reviewing the ruling. They had planned to lower the delivery rate by $37 million.