Public Service Commission Looks At “Time Based Rates” Issue

The Missouri Public Service Commission is fighting back accusations from the Senate Majority Leader that they are requiring private electric utility companies to move residential customers to time-based rates. Under the plan, when the cost to generate and deliver electricity is higher, the cost for customers to use electricity will be higher. The same applies when the costs and rates are lower. Public Service Commission Chairman Scott Rupp tells Missourinet affiliate KDRO in Sedalia that time-based rates will only take effect if customers choose that specific rate option provided by their utility company…

Rupp says that the time-based rates are designed to benefit the consumer and save them money.

(From Missourinet)