Welcome MUSA Members
Working together the members of MUSA have an opportunity to affect positive change for utilities shareholders.
With your help, MUSA can:
Ensure that your perspective as a utility investor and an energy customer is heard by state legislators and regulators;
Mobilize MUSA members' action to help shape public policy;
Keep you informed on utility issues being considered by state agencies or by the legislature; and
Be available to answer your questions and concerns about utility issues.
Stock Market Reports
Keep up to date on what's happening with your Missouri utility stock with these easy links to the New York Stock Exchange's Web site ticker information.
Welcome New Members
MUSA is please to announce the following new members.
- Jack Baker, Lees Summit, MO
- Jack Barry, Blue Springs, MO
- Elise Crain, Ozark, MO
- John Houlehan, Kansas City, MO
- John Moten, Wildwood, MO
- Donna Krutzman, Ballwin, MO
- Nancy Moore, Blue Springs, MO
- John DeStefano, Kansas City,MO
- Bill Shores, St. Louis, MO
- Don Schnell, Chesterfield, MO
Missouri's Energy Future
Electric demand, electric generation, energy independence, low-cost electricity and protection of the environment are major issues both nationally and in Missouri. AmerenUE, along with many other utilities and associations, advocates an incentive for utilities and customers alike to build reduced or non-carbon producing electric generating plants, such as wind, solar, clean fossil and nuclear.
Today, when power plants are constructed in Missouri, a public utility must borrow the money to complete the project and cannot recover the cost of construction until the plant is placed in service. This means millions, if not billions, of dollars must be borrowed over the many years of construction - then the interest and carrying charges for the project are passed on to customers once the plant is online.
The Energy Independence and Carbon Reduction Act would provide an incentive to companies that invest in reduced and non-carbon producing generating plants by allowing for a simple "pay –as-you-go" approach, also know as "construction work in progress" or CWIP. Passage of this act would:
- Save customers money! Without CWIP, $2-3 billion in additional interest & finance charges would be added to the cost of the plant. Avoid ratepayer rate shock-caused by a sudden increase in rates once the plant is online.
- Provide a huge economic boost for Missouri while securing Missouri's energy future. A nuclear plant, which could cost more than $6 billion to build, would represent the largest single construction project in Missouri's history. It could create more than 2,500 direct construction jobs as well as thousands of indirect jobs. It also could increase revenues for public entities-adding millions of dollars in payroll taxes and additional property taxes for the region and state.
- Encourage energy independence. Only large baseload units, such as a nuclear plant, can provide carbon free, affordable and reliable power. Wind, for example, produces electricity only about 30% of the time. Combined cycle plants that generate power from natural gas depend on volatile gas markets. In addition, the country is dependent on foreign suppliers for some of that gas.
AmerenUE will not attempt to build a nuclear plant without the ability to adopt a "pay-as-you-go" plan. The expense of the plant and the cost to borrow the money are simply too great. If AmerenUE cannot build a nuclear plant, the remaining generation option available to UE is combined cycle combustion turbines fired by natural gas. These cost much less to build but are more expensive to operate because they depend on volatile natural gas markets.