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Allows Electrical Corporations to Charge Construction Costs in Progress

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Summary

Missouri HB2122 was passed by the House on April 7, 2026, allowing electrical corporations to charge customers for services based on construction work in progress costs. The bill passed with a vote of 95-53 after being referred to the Utilities Committee. This legislation modifies how utility companies can recover infrastructure investment costs from ratepayers during the construction phase.

What changed

Missouri HB2122 adds a new provision allowing electrical corporations to charge customers based on the costs of certain construction work performed or in progress. This changes the traditional utility rate recovery mechanism by permitting utilities to collect from ratepayers before construction is completed, rather than only after infrastructure is placed in service.

For energy companies and electrical corporations operating in Missouri, this bill provides a new revenue recovery pathway for capital investments in progress. Ratepayers may see changes to how utility charges are structured and when costs appear on their bills. The Missouri Public Service Commission will likely need to develop implementing rules or modify existing tariff approval processes to accommodate this new cost recovery mechanism.

What to do next

  1. Energy companies operating as electrical corporations in Missouri should review billing practices for alignment with new construction cost recovery provisions
  2. Monitor for Senate action and any additional implementing regulations from Missouri Public Service Commission
  3. Update financial projections to account for new construction work in progress cost recovery mechanisms

Archived snapshot

Apr 8, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

ChangeBridge / Missouri / HB2122 Passed HB2122 House Bill Passed 2026-01-07

Allows electrical corporations to charge for services based on the costs of certain construction work in progress

Bill Details

State Missouri

Session 2026 Regular Session

Chamber House

Official Source house.mo.gov/Bill.aspx?bill=HB2122&year=20...

LegiScan View on LegiScan

Sponsors

John Black (Rep - R) John Hewkin (Rep - R) Jim Kalberloh (Rep - R)

Action History

2026-04-07 H Third Read and Passed (H) 2026-04-07 H Placed on the Informal Third Reading Calendar (H) 2026-04-07 H Taken Up for Third Reading (H) 2026-04-01 H Perfected (H) 2026-04-01 H HCS Adopted (H) 2026-04-01 H Title of Bill - Agreed To 2026-04-01 H Taken Up for Perfection (H) 2026-03-31 H Placed on the Informal Perfection Calendar (H) 2026-03-12 H Reported Do Pass (H) - AYES: 7 NOES: 3 PRESENT: 0 2026-03-11 H Voted Do Pass (H) 2026-03-11 H Executive Session Completed (H) 2026-03-04 H Referred: Rules - Administrative(H) 2026-02-25 H HCS Reported Do Pass (H) - AYES: 12 NOES: 7 PRESENT: 0 2026-02-25 H HCS Voted Do Pass (H) 2026-02-25 H Executive Session Completed (H) 2026-02-18 H Public Hearing Completed (H) 2026-02-12 H Referred: Utilities(H) 2026-01-08 H Read Second Time (H) 2026-01-07 H Read First Time (H) 2025-12-02 H Prefiled (H)

Votes

2026-04-07 House: HBs 3rd READ - INFORMAL HCS HBs 2122 & 1626 Yea: 95 Nay: 53

Committee Referrals

2026-02-12 H Utilities 2026-03-04 H Rules - Administrative

Bill Text Versions

2025-12-02 Introduced 2026-02-25 Comm Sub 2026-04-01 Engrossed Legislative data powered by LegiScan (CC BY 4.0)

Named provisions

Construction work in progress cost recovery

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Last updated

Classification

Agency
MO House
Published
April 7th, 2026
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
MO HB2122 (2026)

Who this affects

Applies to
Energy companies
Industry sector
2210 Electric Utilities
Activity scope
Utility rate recovery Construction cost billing Infrastructure investment
Geographic scope
US-MO US-MO

Taxonomy

Primary area
Energy
Operational domain
Finance
Topics
Financial Services Public Utilities

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