Missourians passed an initiative in 1976 to ban raising electric rates while building a new power plant— known as Construction Work in Progress. Now a 25-page bill to repeal this ban is before the legislature. It is full of special interest regulations to shift all the risk of building Callaway II nuclear plant from Ameren to ratepayers. It gives Ameren a profit incentive to extend the construction time and to allow cost overruns.
LETTER: Just say no to Ameren's proposal
To read the full article, please sign up or login.
Get full access to the Columbia Missourian on your computer, phone, and tablet for just $5.95 per month.
* All the high-quality, in-depth journalism of the Columbia Missourian and Vox Magazine, updated 24/7
* Your news. Your device. Your time.
If you'd like to read more about the value of being a member, read this column from the Missourian's executive editor, Tom Warhover.