Michael Sykuta on Utility Rates in Missouri
ICLE Academic Affiliate Michael Sykuta was quoted in a Missouri Business Alert article discussing Missouri Senate Bill 4, which allows utilities to include infrastructure costs and projected rates in customer charges.
According to Michael Sykuta, an economist and associate professor in the Division of Applied Social Sciences at the University of Missouri, using a future test year will grant more precision to rate forecasts.
“It’s probably going to make the rates more accurate,” Sykuta said. “Now, whether that means rates go up or down is difficult to say. We know that costs are going up across the board, so rates are probably going to go up.”
Read the full piece here.