SB1396

Missouri SB1396 modifies discounts offered by electrical corporations to customers with new or expanded facilities.

Missouri SB1396 repeals and creates new provisions for discounts offered by electrical corporations to customers with new or expanded facilities. The bill allows customers to retain previously approved economic development or retention tariffs if they qualify for new discounts. Customers must agree to relinquish prior discounts if they qualify for new ones. Discounts apply to base-rate components of the bill and vary based on the size and load factor of the new load. The bill also sets criteria for customers to qualify for discounts, including incremental demand and load factor requirements.