Founded 1902Collinsville, IllinoisSubsidiary of Ameren Corporation
Ameren Illinois Company engages in the rate-regulated electric generation, transmission, and distribution business in Illinois. It also engages in the natural gas distribution business.
Ameren Illinois Company was formerly known as Central Illinois Public Service Company and changed its name to Ameren Illinois Company in October 2010. The company was founded in 1902 and is headquartered in Collinsville, Illinois. Ameren Illinois Company operates as a subsidiary of Ameren Corporation.
Ameren Illinois Company is a rate-regulated utility that provides electric generation, transmission, and distribution services, as well as natural gas distribution, in Illinois. It operates as a subsidiary of Ameren Corporation and serves customers across the state. The company's electric operations involve generating power, transmitting it over high-voltage lines, and delivering it to homes and businesses. Its natural gas business focuses on distributing gas to residential, commercial, and industrial customers. As a regulated utility, its rates and operations are overseen by state authorities, ensuring reliable service while earning a permitted return on investment.
Where is Ameren Illinois Company (AILLN) listed and what currency is used?
Ameren Illinois Company is traded on the OTC Markets under the OTCPK exchange, with the ticker symbol AILLN. The stock is quoted in US Dollars (USD), reflecting its operations in the United States. OTC Markets is an over-the-counter trading platform where stocks that do not meet the listing requirements of major exchanges like NYSE or Nasdaq are traded. Investors can buy and sell AILLN shares through brokerages that support OTC trading, and all financial reporting is in USD.
What sector and industry does Ameren Illinois Company (AILLN) belong to?
Ameren Illinois Company operates in the Utilities sector and is specifically classified under the Utilities - Regulated Electric industry. This means the company is involved in the generation, transmission, and distribution of electricity under government regulation. As a regulated electric utility, it has a legal obligation to provide reliable service to customers in its designated service area, and its pricing is subject to approval by state regulators. This industry is characterized by stable, predictable cash flows and a focus on infrastructure maintenance and compliance with environmental and safety standards.
Where is Ameren Illinois Company (AILLN) headquartered and what markets does it serve?
Ameren Illinois Company is headquartered in Collinsville, Illinois, a city near St. Louis, Missouri. The company serves customers throughout Illinois, focusing on both electric and natural gas distribution. Its service territory covers a large portion of the state, including rural, suburban, and urban areas. As a subsidiary of Ameren Corporation, it is part of a larger utility holding company that also operates in Missouri. The company's history dates back to 1902, and it changed its name from Central Illinois Public Service Company to Ameren Illinois Company in 2010.
How does Ameren Illinois Company (AILLN) make money?
Ameren Illinois Company generates revenue through the sale of electricity and natural gas to residential, commercial, and industrial customers in Illinois. As a rate-regulated utility, its earnings are derived from approved tariffs that allow it to recover costs and earn a fair return on its invested capital. The company's electric business includes generation, transmission, and distribution, while its natural gas business focuses on distribution. Revenue is primarily driven by customer consumption, which can fluctuate with weather and economic conditions. Additionally, the company may earn income from infrastructure projects and energy efficiency programs approved by regulators.