Rate adjustment decision could hurt consumers
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Rate adjustment decision could hurt consumers

Date: September 22, 2006
By: Robbie Fisher
State Capitol Bureau

Intro: Utility rate increases will require state approval, but could leave customers with much larger bills. One St. Louis legislator says the decision will be unfair to consumers. Robbie Fisher has more from the Capitol.

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OutCue: SOC

Senator Joan Bray attacked the Public Service Commission's decision to adopt rules for automatic rate increases by electric companies.

According to Bray, utility companies will be able to ignore conservation efforts in favor of making more profits.

 

Actuality:  BRAY1.WAV
Run Time: 00:11
Description: Bray says there are a variety of fuels that can be used to produce the electricity, so the utility companies can choose fuels that will save them money and cost the consumers more.

Supporters say the decision will allow the state to see what the actual cost of fuel is for utility companies and determine appropriate fuel charges.

In Jefferson City, I'm Robbie Fisher.