A bill from senator Mike Kehoe would allow any electric company seeking an early site permit to recover up to $45 million dollars in expenses from ratepayers.
Senate Bill 321 requires the electric company to file disclosures with the Missouri Public Service Commission every six months during the permitting process.
Kehoe’s bill targets Ameren and their request for a new nuclear plant.
“And the age of our coal fired plants, they’re nearing Social Security, quite frankly,” Kehoe said. “Most of our coal fired plants are about 40 years old and the project wouldn’t come online for some 12 to 15 years and those 40 year old plants by then would be 55 years old. As you can tell that would be the average age.”
“The need to address the issue is critical right now.”
Kehoe’s bill also calls for investigations by the PSC and rebates to customers if the plant is unable to come online.
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