MO HB779

Establishes the Missouri Energy Efficiency Performance Standard requiring electrical corporations to achieve incremental energy savings ranging from 0.3% in 2014 to 1.9% by 2022, with 1% annual peak demand reduction.

Requires gas corporations to achieve natural gas savings of 0.2% of baseline starting January 1, 2014, increasing to 1.5% by January 1, 2020 and thereafter.

Directs the Missouri Public Service Commission to promulgate rules within nine months to implement the standard, including procedures for energy efficiency plans, measurement and verification, and establishment of a statewide stakeholder collaborative.

Requires utilities to file biennial energy efficiency plans detailing programs for each customer class (including low-income residential), funding levels with minimum 5% for evaluation, and demonstration of cost-effectiveness using the total resource cost test.

Imposes civil penalties of $100 per megawatt-hour for electrical corporations or $10 per million BTU for gas corporations that fail to meet annual performance standards, with penalties paid to the Department of Natural Resources for energy efficiency programs.