Bill > HB853

This bill modifies provisions for electrical corporations by introducing several key changes to their regulatory framework. It allows electrical corporations to include construction work in progress for new natural gas-generating units in their rate base, subject to certain limitations and potential refunds if the construction costs are deemed imprudent. The bill requires electrical corporations to provide annual documentation demonstrating their capacity to meet future energy demands, including plans for the upcoming four years. It mandates that the Missouri Public Service Commission conduct integrated resource planning proceedings every four years, beginning by August 28, 2026, to assess electrical corporations' long-term energy strategies. These integrated resource plans must include detailed information about existing and proposed generation facilities, projected load obligations, environmental compliance, alternative resource plans, and potential new transmission infrastructure. The bill also establishes a process for reviewing and approving these plans, with the commission having the authority to require modifications or initiate complaint proceedings if the plans are deemed insufficient. Additionally, the bill includes provisions for potential rate base inclusions for approved construction projects and sets expiration dates for certain provisions, with potential extensions subject to commission review.

Transportation and Infrastructure

https://house.mo.gov/Bill.aspx?bill=HB853&year=2025&code=R