As the Senate Committee on Commerce, Consumer Protection, Energy and the Environment is conducting a hearing on HB 2265, sponsored by Rep. T.J. Berry (R-38), the Columbia Chamber of Commerce announces its support for the bill. HB 2265 will help advance smart technologies while maintaining strict regulatory oversight and consumer protections. It will focus on developing a “smart” electrical grid for the state that is expected to have positive impact on our economy and directly benefit consumers.
The broader economic development initiative included in the act encourages thoughtful adjustments to Missouri’s energy regulations with an emphasis on addressing future energy policies. The expanded development of smart grid infrastructure will be backed by more than $1 billion in investments that will encourage the expansion of large businesses across Missouri. Ameren Missouri has said about 3,000 additional jobs would be created both directly and indirectly should the bill be passed and signed into law.
“As we look to move Columbia, Mid-Missouri and the entire state forward, legislation that creates jobs should be a high priority,” Columbia Chamber of Commerce President Matt McCormick said. “This investment will pay dividends for not just a few years, but for decades.”
Additionally, this legislation would allow greater customer control, better protection from power outages and faster identification and correction of outages and other issues.
“Security is always on the forefront of everyone’s mind. If there is a chance to make something safer, we will do everything we can to make sure this gets accomplished,” McCormick said. “The less everyone has to worry about safety, the more they can focus on providing a product that can benefit Missourians and create better business in the state.”
Missourians will also directly benefit from smart grid innovations. Improved predictability and detection of outages will allow for power to be restored quicker. They will also be provided with new choices, conveniences and controls to better manage their energy usage and costs. In today’s energy market, companies and states must be able to keep up with the pace of innovation and the expectations of consumers. Smart grid improvements are critical for staying competitive in the energy industry and keeping Missouri as a leader in business.
For any further questions about this endorsement or about interviews, please contact Columbia Chamber of Commerce Director of Communication, Brad Johnson, at (573) 817-9108 or email [email protected].
The Columbia Chamber of Commerce was established in 1905 and is a voluntary, member-supported organization of business, industrial and professional people who are dedicated to developing, promoting and maintaining a sound and healthy economic climate for Columbia. The Columbia Chamber of Commerce is recognized as a 5-Star Accredited Chamber by the United States Chamber of Commerce which places it as one of the top operating chambers of commerce in the country.