FOR IMMEDIATE RELEASE -- March 21, 2013
Contact: Kevin Kelly (573) 751-9300
PSC Opens Hearing Docket On Legislative Proposals To Change Cost Recovery For Electric Utility Infrastructure
JEFFERSON CITY – The Missouri Public Service Commission voted 4-0 to open a hearing docket to receive written comments on the impact of pending legislative proposals to change the way investor-owned electric utilities can recover infrastructure costs. The Commission’s action complies with a legislative request to hold the hearings, allow testimony and advise lawmakers on possible impacts of SB 207 and HB 398, which are now before the Missouri General Assembly.
PSC Chairman Robert Kenney said the hearings will allow the Commission to meet its statutory obligation to comply with such requests from the legislature while providing an opportunity for interested stakeholders to provide comprehensive input for Commission review.
“The Commission has received requests asking for comment on discrete aspects of the bills. This docket will allow the Commission to consider input from everyone in an open and transparent manner,” Kenney said. “The Commission will then conduct a hearing and report the findings to the General Assembly, as has been requested.”
The legislative request specifically asked the PSC to review the safety, adequacy and reliability of Missouri’s existing electric infrastructure and to identify problems, needs and costs associated with electric infrastructure. It also asked for analysis of rate impacts that could result if SB 207 and HB 398 were implemented, and for a review of due process procedures related to implementing the changes contained in the measures.
The Commission has asked all intended stakeholders to provide written information and testimony by April 1 because of time constraints involving all pending legislation.
A comment hearing will be held at 9 a.m., April 8, in Room 305 of the Governor Office Building. The PSC is expected to issue a report of its findings to the Legislature by April 17.
Electronic comments may be submitted via the PSC website at http://www.psc.mo.gov
. Written comments may be addressed to the Missouri Public Service Commission, P.O. Box 360, Jefferson City, MO, 65102. Submissions should reference Case No. EW-2013-0425.
The Governor Office Building meets accessibility standards required by the ADA. Anyone needing additional accommodations to participate in this hearing may call 1-800-392-4211 (voice) or Relay Missouri at 711 before the hearing.