Ameren Corporation Recognized as Top Utility in Economic Development

Ameren Corporation has been awarded the Top Utility in Economic Development by Site Selection magazine for the second consecutive year. The recognition is a result of the company's efforts to boost the economies of Missouri and Illinois through competitive incentives, business expansion, and customer-focused programs. Ameren's investments in smart grid technology, modern energy delivery infrastructure, and affordable energy rates have made the bi-state region an attractive place for businesses to operate and grow.

Key Takeaways:

• Ameren Corporation secured the Top Utility in Economic Development spot for the second year in a row, recognizing its efforts to bolster the economies of Missouri and Illinois.
• The company's contributions were evaluated on various criteria, including job growth, business expansion, and competitive incentives.
• Ameren's focus on delivering reliable and affordable energy drives economic growth in the bi-state region, with several businesses taking advantage of its Economic Development Incentive Rider.
• The company has implemented new economic development incentives, including flexible payment options and refundable deposit applications, to encourage growth in its largely-rural service territory.
• Ameren remains focused on delivering long-term value to customers through investments in smart grid technology, energy infrastructure, and renewable energy sources.
• The company has been recognized on the prestigious list of Top Utilities in Economic Development five times, having previously been named in 2007, 2011, 2012, and 2019.

Statistics:

• Ameren offers a discount of up to 40% over a five-year term for qualifying energy users through its Economic Development Incentive Rider.
• The company has implemented flexible payment options for up to 60 months for upfront costs and refundable deposit applications toward the cost of energy infrastructure for non-residential development.
• Ameren has invested in smart grid technology and modern energy delivery infrastructure through its Smart Energy Plan and Modernization Action Plan, respectively.
• The planned investments in energy infrastructure will be made over the next five years.

Sources:

• Site Selection magazine, "Top Utilities in Economic Development 2020"
• www.siteselection.com
• Business Wire, "Ameren Corporation Recognized as One of Top Utilities in Economic Development" (2007)