PR-09-186 -- PSC APPROVES ELECTRIC TERRITORIAL AGREEMENT

Contact: Kevin Kelly (573) 751-9300

FOR IMMEDIATE RELEASE -- MAY 6, 2009

JEFFERSON CITY—The Missouri Public Service Commission has approved an electric territorial agreement between the City of Waynesville and Laclede Electric Cooperative.  The territorial agreement designates the exclusive service territory for Laclede Electric Cooperative for one parcel of land in the City of Waynesville and for certain tracts of unincorporated land in Pulaski County.
 According to the joint application, the territorial agreement applies to new structures and does not require the transfer of any facilities or customers.  The applicants stated the territorial agreement will prevent future duplication of electric service facilities and will allow customers to know with certainty the supplier of their electric service.
 On April 29, 2009, the PSC staff filed its recommendation in favor of the application.
 Based upon a review of the application and the PSC staff recommendation, the Commission approved the territorial agreement. 
The Commission noted that the agreement allows the City of Waynesville and Laclede Electric Cooperative to make better use of their respective capital resources and decrease the chances for duplicating facilities in the future.  The agreement also allows residents of the area to know with certainty the supplier of their electric service.

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Case No. EO-2009-0314