The Missouri Public Service Commission on Wednesday voted to approve a $260 million rate increase for Ameren Missouri’s approximately 1.2 Missouri electric customers, the St. Louis Business Journal reports.

That means in 2013, Ameren customers' electric bill will be about $10 more expensive on average.

From the St. Louis Business Journal:

About $90 million of the $260 million increase will fund rebates for energy efficient appliances, lighting, etc., for Ameren Missouri's residential and commercial customers. The Missouri Energy Efficiency Investment Act, which passed in 2009, allowed Missouri to incentivize the utilities to recover costs for implementing energy efficiency programs, Gunn said.

What do you think? Can you afford $10 more each month for your electrcity?