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Missouri Electricity Bill Reduction Assistance Act

March 10, 2021
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WRITTEN BY Jenny Bratburd

The Missouri Electricity Bill Reduction Assistance Act (HB734 and similar to SB202) enables a financial process known as securitization.

This is similar to loan refinancing, and reduces utility debt with ratepayer-backed bonds. Securitization can reduce financial burden on utilities and ratepayers for stranded assets, i.e., assets no longer expected to cover their costs, and has been used for early retirement of uneconomic coal plants and recovery from disasters.

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