Electric Bills Could Rise for Kirkwood Residents
The city council will vote whether to raise Kirkwood Electric rates Thursday.
Kirkwood residents will see their electric bills increase if the Kirkwood City Council approves a new bill that asks for a change to the city's electric rates.
The bill, which will go before the city council at its regular meeting Thursday, increases the city's electric rate to the same as Ameren's.
The new rate would increase the average Kirkwood household's electric bill $4 per month during summer months (June-September) and $10 per month during winter months (October-May) for an on average annual increase of $96 per year.
The rate change would generate an an extra $940,000 for Kirkwood Electric. The revenue would help the city recover expenses associated with the wholesale purchase of power, according to the bill.