Empire District Electric Co. (EDE) Thursday said that the shareholder proposal requesting a report on actions the company is taking or could take to reduce risk throughout its energy portfolio by pursuing all cost-effective energy efficiency resources was rejected by shareholders by an 86 to 14 percent margin.
The Board had recommended a vote against the proposal as they did not believe it would provide additional benefit to Empire or its stockholders.
Empire currently offers many energy efficiency programs for its customers, and many of these were available prior to the enactment of the Missouri Energy Efficiency Investment Act.
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