Allows electrical corporations to charge for services based on the costs of certain construction work in progress
Second read and referred: Commerce, Consumer Protection, Energy and the Environment(S)
Summary
HB 2122 would change Missouri law that currently bans utilities from charging customers for costs of construction work in progress. It would permit utilities to add those costs to the rate base for new natural‑gas, clean‑baseload nuclear, or renewable generating projects, but only after the Public Service Commission approves the amount and limits refunds if projects are delayed or imprudently funded. The measure affects electric utilities and their ratepayers, aiming to give utilities a way to recover upfront construction costs while protecting consumers.
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