SPONSOR: Murray
This bill delays the implementation of any utility rate increase authorized by the General Assembly until September 30, 2025, for areas covered by a presidential disaster declaration. Public utilities must notify impacted customers of this delay.
The bill provides that, for a period of 30 days following a presidential disaster declaration, utility companies regulated by the Public Service Commission have set limitations related to disconnections and reconnection fees.
This bill provides that a public utility may request certain reimbursements through the Missouri Housing Trust Fund or other state-administered disaster relief appropriations.
The bill does not prevent public utilities from recovering lost revenues through normal ratemaking processes as long as they occur at no cost to the customers affected by a presidential disaster declaration within the 30-day period.
The provisions of this bill are subject to an emergency clause.