MO SB1411

Establishes the "Electrical Choice and Competition Law" requiring investor-owned electric utilities to provide open access to their transmission and distribution systems for retail electric suppliers to sell electricity directly to customers

Commercial and industrial customers may choose retail electric suppliers 24 months after August 28, 2026; residential customers may choose within 18 months after commercial/industrial choice begins

Requires electric utilities to divest their generation assets by selling to unaffiliated entities or transferring to non-utility affiliates at fair market value, with stranded costs recoverable through non-bypassable competitive transition charges

Creates the Office of Retail Market Development and Oversight, funded by annual assessments up to $20,000 per supplier license, to monitor market conditions, identify barriers to competition, and enforce supplier compliance

Retail electric suppliers must obtain a license from the Public Service Commission, including a $10,000 fee and $500,000 surety bond, with civil penalties up to $100,000 per violation for anticompetitive or discriminatory practices