Creates provisions relating to the regulation of public utilities

Summary

The bill tells the Missouri Public Service Commission to set utility rates at the lowest impact needed and to avoid making them unaffordable for customers. It also requires at least one local public hearing near each customer when a utility seeks a rate increase, with mailed notice, opportunities for testimony, and a requirement that the commission explain how public input shaped its final decision. The goal is to improve transparency and protect ratepayer affordability.

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