Missouri now allows utilities to charge ratepayers before projects are completed

Missouri Governor Mike Kehoe signs Senate Bill 4, which changes how utilities operate in the state. Behind him, from left, are Missouri Rep. Josh Hurlbert, Missouri Sen. Mike Cierpiot, Missouri Sen. Cindy O'Laughlin and Missouri Public Service Commission Chair Kayla Hahn.

 

Missouri Gov. Mike Kehoe made it official..

Under a bill he signed this week, a new law will allow utilities to charge ratepayers for power plants before they’re completed.

One consumer group called it “nothing more than a profit-driven package that benefits utilities at the expense of hard-working Missouri families.”

Gov. Keyhoe offered a different take on the issue.

“With this legislation, Missouri is well-positioned to attract new industry, support job growth, and maintain affordable, reliable energy for our citizens,” Kehoe said in a statement. “This is about powering Missouri for Missourians and not relying on other states and countries to produce our power.”

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