HCS SCS SB 915 -- GREEN POWER INITIATIVE

SPONSOR:  Koster (Rector)

COMMITTEE ACTION:  Voted "do pass" by the Committee on Utilities
by a vote of 15 to 0.

This substitute establishes the Green Power Initiative and
requires electrical corporations to make a good faith effort to
generate power from renewable energy sources.  The substitute
establishes minimum goals for the use of renewable energy of 3%
by the year 2012, 7% by 2015, and 10% by the year 2020.  The
Missouri Public Service Commission will establish rules governing
the implementation of the plan for energy goals.

Electric utilities must submit a biennial report to the
commission detailing their progress toward achieving the goals,
and the commission will submit a report to the Governor, General
Assembly, and appropriate committees.  The substitute also
contains certain tax exemptions that act as an incentive for the
construction of wind energy facilities.

The substitute becomes effective January 1, 2007.

FISCAL NOTE:  Estimated Cost on General Revenue Fund of Unknown
to Less than $100,000 in FY 2007, FY 2008, and FY 2009.  No
impact on Other State Funds in FY 2007, FY 2008, and FY 2009.

PROPONENTS:  Supporters say that the bill will encourage the use
of renewable energy.  Investor-owned utilities think that the
bill's goals are feasible given current technology and can be
achieved cost-effectively.

Testifying for the bill were Senator Koster; and Missouri Energy
Development Association.

OPPONENTS:  There was no opposition voiced to the committee.

OTHERS:  Others testifying on the bill say that it might be more
effective to use mandates rather than goals to convince utilities
to produce more energy using renewable resources.

Others testifying on the bill was Sierra Club.

Jason Glahn, Legislative Analyst

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:46 am