Businesses ask lawmakers to change regulation of renewable energy

Several large companies are asking elected officials in Missouri to consider a change in energy regulation that they say would increase access to providers of renewable energy.

Walmart, Procter & Gamble, General Mills, General Motors, Cargill, Unilever and H&M addressed a letter to Gov. Eric Greitens, House Speaker Todd Richardson and Senate President Pro Tem Ron Richard asking them to consider the Missouri Energy Freedom Act.

At issue is power purchase agreements, which are contracts between electricity buyers and sellers. Missouri law does not currently allow businesses to enter into contracts directly with non-utility energy providers, such as wind or solar farms.

“We believe that such a policy — already proving itself in many states — would create a more competitive business environment and would help us to create jobs and contribute to an even more robust Missouri economy,” the companies, who employ thousands of people in Missouri, wrote.

Read more: The Missouri Times

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