The Missouri Public Service Commission regulates investor-owned electric, steam, natural gas, water and sewer and telephone companies. Its mission is to ensure Missouri consumers have access to safe, reliable and reasonably priced utility service while allowing those utility companies under our jurisdiction an opportunity to earn a reasonable return on their investment. The PSC also regulates manufacturers and retail dealers who sell new and used manufactured homes and modular units. The commission was established in 1913. The PSC is comprised of five commissioners, who are appointed by the governor.
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Commission Approves Fiscal Year 2008 Assessment
On June 22, 2007, the Missouri Public Service Commission approved its annual utility company assessment for the Fiscal Year 2008, which begins July 1, 2007. The $16,249,374 assessment is apportioned and billed to specific utility companies regulated by the Commission per Section 386.370 RSMo.
The amount per company varies based upon a number of factors such as industry activity for the preceding fiscal year, and an individual utility company’s gross intrastate operating revenue for the previous calendar year as a percentage of the particular utility industry’s total gross intrastate operating revenue.
Please see the links for additional details.