Ameren Named to Elite List for Economic Development
Ameren Corporation was recently named to the prestigious list of Top Utilities in Economic Development in 2019 by Site Selection magazine. Energy companies from across the country are evaluated on many criteria, including the innovative programs and incentives they offer to attract and expand businesses and create new jobs.
"Ameren Missouri is committed to powering growth by helping existing businesses expand and attracting new businesses to the communities we serve," said Michael Moehn, chairman and president of Ameren Missouri. "We offer one of the most favorable economic development rate incentives in the country, in addition to providing innovative energy solutions for our customers. Companies looking to grow know they can rely on Ameren to be a partner every step along the way."
Ameren achieved significant milestones in 2018 that position the company to continue to deliver superior value for its customers and spur economic growth in the communities it serves. Ameren Missouri developed a new Economic Development Incentive Rider offering an up to 40 percent discount over a five-year term for qualifying energy users and provided customers with a 6% rate decrease in 2018.
This year's elite group of Top Utilities in Economic Development was determined by examining corporate end-user facility investment project activity in 2018 within the energy companies' service territories. The data was then used to calculate the jobs and capital investment numbers on a cumulative and per-capita basis resulting from those projects.
"The elite Top 20 we named this year earned the honor amid a field of around 3,300 electric utilities across the country, including around 900 cooperatives," said Managing Editor Adam Bruns of the rankings Site Selection has published since 1999.
The complete list of Top Utilities in Economic Development appeared in the September 2019 issue of Site Selection and online at www.siteselection.com.