Missouri residents may face higher power bills as a result of legislation awaiting Governor Mike Kehoe’s signature. The bill, approved by the House in a 96-44 vote, aims to give the Public Service Commission control over new ways utility companies can generate energy to address upcoming shortages. However, a report from the Consumers Council of Missouri warns that residents could see an increase of at least $1,100 annually on their bills. The legislation, which includes the controversial construction work in progress (CWIP) provision, has received bipartisan support but also faced criticism for potentially raising rates and benefiting monopoly utilities. Despite concerns, proponents argue that modernizing utility policies is necessary for Missouri to remain economically competitive, especially as energy demands are expected to increase. The bill also includes consumer protections and oversight measures, such as allowing regulators to approve CWIP for gas generation and providing a pathway to help low-income households pay for utilities. Overall, the legislation aims to balance meeting the state’s power needs while ensuring consumer protections and working constructively with utility companies.
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