Creates provisions for electrical choice and competition

HB 2207 establishes Missouri's "Electric Choice and Competition Law," shifting the state's electricity market from a monopoly structure to one allowing customers to choose their electricity supplier. It requires electric utilities to provide open access to their transmission and distribution systems, enabling retail electric suppliers to sell directly to customers. Starting 24 months after August 28, 2026, commercial and industrial customers (those with higher energy use) will gain the ability to select a supplier, while residential customers will receive default supply service if they do not choose an alternative. The bill also standardizes billing (requiring either "dual bills" or "supplier consolidated bills") and creates mechanisms like a "competitive transition charge" to recover legacy costs from the monopoly era over time.