Kansas City Power & Light is looking to stop the popular rebate program in Kansas City. The rebate programs provides financial incentives to Missouri customers who install solar systems to their homes or businesses. The amount of rebates filed jumped from $350,00 in 2010 to $12 million in 2012.
KCP&L filed with the Missouri Public Service Commission to suspend the rebates later this year, and to cap it at $21 million annually. KCP&L projects that they will pay about $51 million should the filing not be approved.
The filing reports that the program is an unfair burden to those who don’t use the rebates, since all customers pay for the rebates in rates and other associated costs.
“We don’t want to spend a lot of money on a program that benefits less than 1 percent of our customers,” said Chuck Caisley, a spokesman for KCP&L.
“While the suspension will be lifted next year, the rebates will be limited to no more than $21 million, which would be split between the utility’s two Missouri territories. It will be first come, first served until each year’s funds are exhausted.”
Source: Kansas City Star