Missouri HB3436 amends public utility regulation by requiring ratemaking decisions to be just and reasonable, considering customer affordability, and.
Missouri HB3436 introduces new provisions for public utility regulation, specifically focusing on ratemaking and public hearings. It mandates that all ratemaking determinations by the Missouri Public Service Commission must be just and reasonable, ensuring that any rate changes do not unduly burden customers' affordability. The bill also requires public hearings for rate increases, ensuring affected customers can testify and submit statements. These hearings must be reasonably close to customers' residences, and the commission must provide a reasonable time for public testimony.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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