PSC opts, for the moment, not to look at grid modernization

The Missouri Public Service Commission opted on Wednesday – reluctantly for some of its members – not to open a working case that would have taken a closer look at a state energy plan that would drastically restructure the way electric rates are set.

Chairman Daniel Hall announced at the meeting’s outset that the agenda item that would open a working case would not be voted on Wednesday in light of the fact that a bill stalled in the legislature last session. He told commissioners that he also shared some utilities’ concerns about grid modernization, calling it a “radical departure from 100 years of ratemaking.”

House Bill 2689 would have changed ratemaking for utility companies, but it was filibustered in the Senate, with some opposition from consumers and support from some businesses. 

Hall pulled the item from the docket in hopes of coming to some sort of agreement and opening the discussion at a later date.

Read more: Missouri Times

Tags:, , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students