Loading chat...
MO SB160
Bill
AI Summary
-
Requires gas, electrical, water, and sewer corporations regulated by the Public Service Commission to file quarterly reports disclosing their actual earned return on equity for the preceding twelve months and quarter
-
Makes the actual earned return on equity figures publicly available, while allowing corporations to request confidential treatment of other supporting information in the reports
-
Mandates that when setting authorized rates of return on equity in general rate proceedings, the commission must consider the impact of changing economic conditions and the proposed rate's effect on customers
-
Requires the commission to hear evidence on economic conditions and customer impacts, and make specific written findings of fact explaining how these factors influenced the rate of return determination
Legislative Description
Modifies provisions relating to the regulation of a corporation's rate of return on equity by the Public Service Commission
Last Action
Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee
1/29/2015