Continue to spread the word
As the Missouri General Assembly continues work on Infrastructure Strengthening and Regulatory Streamlining (ISRS) legislation, The Brattle Group, a financial and economic consulting firm, released a very encouraging report that helps quantify the economic impact that ISRS legislation will provide if it is passed.
The new study confirms that ISRS would mean direct cost savings for customers. Key findings estimate that:
– Reliability improvements from ISRS would create approximately $1 billion in economic benefits and reduced outages.
– For every $1.00 invested in electric infrastructure, $1.50 in direct customer benefits is created.
Similar findings will be detailed in an upcoming report by James R. Moody and Associates. Electric Utility Regulatory Practices in Missouri describes Missouri’s financial opportunities regarding electric infrastructure investment, citing ISRS as a proven solution that creates jobs and brings benefits to consumers. You can find a summary of the report by clicking here. Stay tuned next week for the full report.
We are edging closer to both chambers voting on ISRS, so it’s important to keep engaging stakeholders in this debate. As always, thank you for your continued support and commitment to bringing a more efficient energy infrastructure to our state. Please continue to spread the word on this crucial legislation.
-Irl
Irl Scissors, Executive Director
