Bill > SB401

This bill modifies Missouri's existing utility regulations by adding a new provision that allows the Public Service Commission (PSC) to approve a special residential customer class for utility companies based on specific criteria. The new section permits the PSC to create a customer classification that considers household income or "utility burden" - defined as the percentage of income a customer pays for electricity, natural gas, or water services. This means utility companies could potentially offer different rates or assistance programs for low-income households or those spending a significant portion of their income on utility costs. The bill amends section 393.130 of the Missouri Revised Statutes, which already outlines various regulations for gas, electrical, water, and sewer corporations, including requirements for fair and reasonable service charges. The new provision provides flexibility for the PSC to address potential economic disparities in utility pricing by allowing more nuanced customer classifications that take into account a household's financial circumstances.

Business and Industry

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=467