Modifies certain provisions relating to the renewable energy
HCS Reported Do Pass (H)
Summary
The bill would require Missouri electric utilities to obtain a rising share of their power from renewable sources, starting at 2% in 2011 and reaching 15% by 2021‑2025, then 7.5% thereafter. It defines renewable energy credits, lets utilities meet the targets by buying credits, and gives customers who contract for large amounts of renewable power special exemptions. The measure also caps average retail rate increases at about one percent and tasks the Public Service Commission with tracking and enforcing the program.
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