Bill > HB92

This bill modifies provisions related to electrical corporations in Missouri, introducing several key changes. First, it allows electrical corporations to include construction work in progress for new natural gas-generating units in their rate base, subject to specific limitations and oversight by the state commission. The bill requires electrical corporations to provide annual documentation demonstrating their capacity to meet energy needs for the upcoming four years, with potential penalties for failing to maintain sufficient capacity. Additionally, the bill mandates a comprehensive integrated resource planning process, requiring electrical corporations to file detailed plans every four years that outline their strategy for meeting future energy demands. These plans must include extensive information such as existing generation portfolio details, projected load forecasts, alternative resource analyses, compliance with environmental regulations, and implementation plans. The commission will review these plans and can approve or require modifications, with the ability to grant permission for constructing new energy resources. The legislation also includes provisions for potential rate base inclusion of construction work in progress and establishes parameters for commission oversight, with the initial provisions set to expire on December 31, 2035, unless extended. The ultimate goal is to ensure electrical corporations maintain reliable, cost-effective, and environmentally compliant energy generation and distribution strategies.

https://house.mo.gov/Bill.aspx?bill=HB92&year=2025&code=R