Tuesday, February 10, 2009

CWIP Hearing Today

Today the Senate Committee on Commerce, Consumer Protection, Energy and the Environment will hear Senate Bill 228, or CWIP (Construction Work In Progress). As I posted earlier, this bill will allow AmerenUE to raise their rates between 29% and 40% to cover the cost of building a (second) nuclear power plant in Calloway County.

Yes, I know that we all voted for clean (renewable?) energy in the last election, and evidently for the good people at AmerenUE that means nuke.

This bill will allow for power companies to charge upfront – something that hasn’t been allowed in Missouri since 1976 – for several different types of power plants, including coal.

The odds are stacked in favor of this legislation passing, but it would be a serious hit to lower income consumers.

1 comments:

left-of-center said...

At one point, the committee chairman, Maryville Republican Brad Lager, suggested opposition was so steep that, “I don’t think I can get this bill out of this committee, let alone the Senate.”

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