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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ameren Corp | NYSE:AEE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.105 | -0.14% | 74.795 | 75.30 | 74.27 | 74.90 | 201,022 | 15:34:15 |
By Stephen Nakrosis
Dominion Voltage Inc. said Wednesday it would work with Ameren Illinois on a voltage optimization project which will cover about 64% of Ameren Illinois customers.
Voltage optimization lowers voltage in an electrical distribution system, reducing system losses and customers' energy use. "In contrast to some other energy-efficiency measures, VO requires no behavioral changes by the customer and has no impact on lifestyle while delivering energy savings across all customer classes," the companies said.
The project is targeting savings of 422 GWHrs by the end of 2025, which is enough electricity to power 42,000 homes, the companies said.
"DVI's approach to VO is the best choice for Ameren Illinois for energy efficiency through voltage optimization," said Ron Pate, Senior Vice President, Operations and Technical Services, Ameren Illinois.
Dominion Voltage Inc. is a subsidiary of Dominion Energy (D).
Ameren Illinois delivers energy to 1.2 million electric and 816,000 natural gas customers in Illinois.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 20, 2019 13:33 ET (18:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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