Missouri SB1716 repeals and modifies provisions regulating public utilities, including changes to rate base and revenue requirements.
Missouri SB1716 repeals and modifies certain provisions relating to the regulation of public utilities. It alters the definition of "base rates" and "revenue requirement," and introduces new sections to govern how these rates are calculated and applied. The bill also specifies the conditions under which the commission can suspend rates or charges and mandates that the burden of proof for rate increases lies with the utility corporations. Additionally, it allows the commission to consider changes in business risk when setting allowed returns.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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