Bill > HB1084

This bill introduces comprehensive changes to electric utility regulations in Missouri, focusing on three main areas: construction work in progress (CWIP), nuclear power plant development, and integrated resource planning. The bill allows electrical corporations to include construction work in progress in their rate base under specific conditions, particularly for new natural gas generating units and nuclear power plants rated at 600 megawatts or less. It establishes the "Missouri Nuclear Clean Power Act" to enable the construction of clean baseload electric generating plants, with provisions that expire in 2035 unless extended. Additionally, the bill mandates that the Missouri Public Service Commission conduct integrated resource planning proceedings every four years, requiring electrical corporations to submit detailed plans that include projections of future loads, generation technologies, cost analyses, environmental compliance strategies, and implementation plans. The integrated resource planning process aims to ensure electrical corporations can reliably meet load obligations while balancing factors like resource adequacy, reliability, rate impacts, and environmental regulations. The bill provides a structured framework for approving new energy resources and allows for construction work in progress to be included in rate base, subject to regulatory review and potential refund if construction costs are deemed imprudent.

https://house.mo.gov/Bill.aspx?bill=HB1084&year=2025&code=R