Statute: Section 393.1075. RSMo.
Enacted: 2009
MEEIA allows utilities to earn a profit on the electricity saved as a result of voluntary energy efficiency programs and incentives they offer to their customers. Utilities can both recover the costs of their efficiency programs, and the lost revenue from customer energy savings, through rate adjustment. Additionally, utilities have the opportunity to earn a profit if their programs are successful, just as they earn a profit on traditional investments in energy generation. The law increases investments in energy efficiency, decreases Missourians energy bills over time, avoids or delays the need for constructing future power plants, and reduces our Stateâs reliance on coal and other fossil fuels.
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