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Key Information on Missouri’s Major Utility Bill | KCUR

Missouri Legislature Passes Controversial Utility Bill SB4

JEFFERSON CITY, MO — In a significant move, the Missouri legislature has passed SB4, a utility bill that proposes sweeping changes to utility operations across the state. The bill, pending Governor Mike Kehoe’s signature, includes a wide array of measures aimed at reshaping utility billing, enhancing customer protections, and ensuring reliable energy supply.

Utility companies have expressed support for SB4, arguing that it addresses the anticipated increase in energy demand and positions Missouri competitively for economic development. "This bill is about reliability, affordability, and economic growth," stated Warren Wood, regulatory vice president for Ameren Missouri.

However, critics warn that the legislation, which permits utilities to charge customers for construction work in progress, could lead to higher utility bills and increased corporate spending. Environmental advocates express concern that the bill favors fossil fuels over renewable energy, undermining sustainable practices. The Sierra Club’s Gretchen Waddell Barwick emphasized alternatives like energy efficiency and battery storage for a more balanced energy grid.

Key provisions of SB4 include allowing utilities to base customer rates on projected costs rather than actual expenses, enabling utilities to recover costs for building power plants during construction, and mandating that companies replace closed power plants with similarly sourced energy plants. Additionally, the bill increases funding for the Office of Public Counsel, which advocates for public interests in utility matters.

While some aspects, such as discounted rates for low-income customers and extended disconnection periods during extreme temperatures, have garnered support, detractors argue that they do not mitigate the potential negative impacts of the bill overall.

As the bill awaits the governor’s decision, the debate over Missouri’s energy future continues to unfold.

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