New Consumer Protections Added to ISRS Legislation
Good news for Missouri consumers–The Infrastructure Strengthening and Regulatory Streamlining (ISRS) legislation just got better as new language is expected to be added that will bolster the already strong Public Service Commission oversight in SB207/HB398.
In most states, utilities can forecast expected future costs. ISRS will force utilities to account for all tracked business expenses and all will be reviewed by the full authority of the PSC. There is a 2% cap on these tracked costs and NO recovery will be automatic.
ISRS is tough, transparent legislation that will bring immediate economic relief and new jobs for our state. MBEF’s 5,000 members and all of Missouri electric consumers will stay protected.
Stay tuned for more updates.
-Irl
Irl Scissors, Executive Director
