Tag: rate cap

Rep. Berry files bill to cap electric rates and modernize Missouri’s energy grid

JEFFERSON CITY, Mo. – After calls from several consumer groups in the Show-Me State for a utility rate cap, it seems that the legislation to create such a policy is primed for debate in the next legislative session. Rep. T.J. Berry pre-filed a bill that would cap the average electric rate increases to three percent annually. “Historically, low-energy costs have been a tremendous advantage to the Missouri economy and workers,” said Berry, R-Kearney. “But every […]

Missouri Retailers Association calls for compromise with energy legislation

JEFFERSON CITY, Mo. — The Missouri Retailers Association has long opposed legislation they felt would make it easier to increase utility rates, but now the organization is saying they will support some energy legislation – with a few conditions. In a letter sent to Missouri’s lawmakers on Friday, Nov. 17, the association says that if Missouri can’t find a way to “better control electricity costs” in the state, many retailers “may call it quits.” The […]