2008 General Election Ballot Measures: Energy

Summary: Requires utilities, including government-owned utilities, to generate 20% of their power from renewable energy by 2010, a standard currently applicable only to private electrical corporations; raises requirement for utilities to 40% by 2020 and 50% by 2025; imposes penalties, subject to waiver, for noncompliance; transfers some jurisdiction of regulatory matters from Public Utilities Commission to Energy Commission; fast-tracks approval for new renewable energy plants; requires utilities to sign longer contracts (20 year minimum) to procure renewable energy; and creates account to purchase rights-of-way and facilities for the transmission of renewable energy.

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Summary: Provides $3.425 billion to help consumers and others purchase certain high fuel economy or alternative fuel vehicles, including natural gas vehicles, and to fund research into alternative fuel technology; provides $1.25 billion for research, development and production of renewable energy technology, primarily solar energy with additional funding for other forms of renewable energy; incentives for purchasing solar and renewable energy technology; provides grants to cities for renewable energy projects and to colleges for training in renewable and energy efficiency technologies; total funding provided is $5 billion from general obligation bonds

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Summary: Shall Missouri law be amended to require investor-owned electric utilities to generate or purchase electricity from renewable energy sources such as solar, wind, biomass and hydropower with the renewable energy sources equaling at least 2% of retail sales by 2011 increasing incrementally to at least 15% by 2021, including at least 2% from solar energy; and restricting to no more than 1% any rate increase to consumers for this renewable energy?

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