Study Cites Savings from Energy Plan
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St. Louis Post: The study, sponsored by the initiative's supporters, found that over a period of 20 years, an average utility bill of $80 a month would see a peak increase of 53 cents a month during the first four years the standard was in place. Over the course of 20 years, that home-owner would see a peak savings of $1.65. If Proposition C is approved, Missouri would become the 27th state in the nation to have a mandatory renewable energy standard. Other state requirements range from 8 percent in Pennsylvania to 40 percent in Maine. So far, utilities have not publicly opposed the plan. In fact, Kansas City Power and Light has come out in support of the initiative. This summer the utility's parent company acquired Aquila. A 2007 Department of Energy analysis of utility rates in states that have adopted renewable energy standards found that ratepayers have experienced minimal increases. That study found that, on average, state standards resulted in a monthly bill increase of 38 cents.
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