Missouri News Horizon
JEFFERSON CITY, Mo. — Missouri energy companies made their case Tuesday for legislation that would allow them to raise rates to fund infrastructure projects.
Sen. Mike Kehoe presented the legislation — Senate Bill 207 — to the Senate Committee on Commerce, Consumer Protection, Energy and the Environment Tuesday afternoon, where he called on lawmakers to allow investor owned energy companies to raise rates to fund already completed projects.
“The upcoming need for infrastructure is our energy cliff,” he said. The legislation, “if done right, can be an effective way to fix aging infrastructure.”