Summary of the Introduced Bill

HB 1100 -- Recovery Costs by Electrical Corporations

Sponsor:  Rector

This bill allows any electrical corporation to recover all of the
prudently incurred costs for fuel delivered to its generating
stations and for the variable cost component of purchased
electrical energy for its retail customers.  The company will use
an energy cost adjustment schedule to determine how these costs
will be recovered.  All energy cost adjustment schedules must be
filed with the Public Service Commission for consideration,
unless the corporation has had a general rate proceeding in the
last six months.  The commission will establish a procedure to
remedy any over-collection or under-collection from previous
adjustment periods.  The schedule can be modified every 90 days
to accurately reflect fuel and energy cost fluctuations.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am