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News Brief

Feb. 7, 2013MO

MDN Power Companies

Missouri power companies say they need increased funding to improve the state's electrical infrastructure.

They say they need about 50 cents more every month from every power consumer in the state. Steve Spinner of Missouri Industrial Energy Consumers said the power companies are trying to go around state regulators and use the General Assembly to get their money.

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Officials with the power companies say the rate increases would create jobs and make the state more economically competitive.