I feel like the state Legislature has been debating this ISRS issue for as long it's been in session. It's time for our elected leaders to finally pass this measure before they leave Jefferson City for the year.
ISRS is something that both political parties should be able to agree on. It streamlines regulations, makes government more responsive, and spurs job creation.
While the bill seems complicated, the regulatory changes are actually simple. All ISRS does is make it easier, and more cost-effective, to use the money we currently pay in rates for infrastructure improvements. It's not a rate increase - it's all about using the money we currently pay more wisely.
This regulatory streamlining has a huge impact on our economy. More infrastructure projects mean more jobs - and jobs doing what the state sorely needs, improving an aging infrastructure. And, I read that Westinghouse recently said that ISRS would be help in our efforts to secure the Small Modular Reactor (SMR) industry. Winning these types of new industries will keep our state's economy humming well into the future.
So having ISRS means that the money I pay in rates is spent more wisely, we get a stronger electric infrastructure, and more jobs.
What is the legislature debating again? ISRS should be passed as soon as possible.