KCP&L Rate Increase Approved in Kansas

KCP&L won approval for a 6.7 percent annual rate hike for Kansas utility customers. The increase is expected to go into effect next month.

Kansas City Power & Light customers in Kansas will soon see increases in their utility bill. The Kansas Corporation Commission on Thursday approved a $33.1 million (6.7 percent) annual rate hike.

KCP&L originally asked for $63 million but subsequently reduced the request to $56 million to pay for environmental upgrades and a wind-energy project. The company said the rate hike was “in large part to meet federal environmental regulations and a state renewable energy mandate.” The average residential customer will see an increase of about $70 per year.

The utility company is also asking Missouri regulators to raise rates by up to 15 percent. The Missouri Public Service Commission, which regulates utility rates, is expected to decide next month. If approved, residential customers in Missouri will see an increase of $180 a year.

The rate increase for Kansas is expected to go into effect next month.

Source: Kansas City Star

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.

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