SB 215 – Allows the Missouri Public Service Commission to utilize rate adjustment mechanisms otherwise not specifically authorized by statute to promote modernization and replacement of electrical corporation infrastructure

• Sponsor: Emery
• LR Number: 0511S.01I
• Committee: Commerce, Consumer Protection, Energy and the Environment
• Last Action: 1/12/2017 - Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee
• Journal Page: S117
• Effective Date: August 28, 2017

Current Bill Summary

SB 215 - This act allows the Missouri Public Service Commission to utilize rate adjustment mechanisms otherwise not specifically authorized by statute to promote modernization and replacement of an electrical corporation's infrastructure. This act also allows the Commission to use partially forecasted test-years, true-ups of revenue requirement components, tracking mechanisms, grid modernization incentive mechanisms, interim rates, performance-based rate decoupling, or decisional pre-approval with post construction review for construction projects.

This act is identical to a provision contained in SCS/SB 190 (2017), and is similar to a provision contained in HB 628 (2017).

KAYLA HAHN