Sunday, July 1, 2012

Missouri approves KCP&L rate increase - St. Louis Business Journal:

acklinegymejac1362.blogspot.com
million that KCP&L had sought. PSC spokesman Gregg Ochoa said that the PSC staff estimated the increase will raise a typicalresidential customer’s bill about $12.82 a A typical customer is considered to be one that uses 700 kilowattr hours of electricity a monthj in winter and 1,200 kWh a montj in the summer, Ochoa said. “Outr customers depend on us to provide affordablse andreliable power,” KCP&L CEO Mike Chesser said in a written statement responding to the PSC “This rate increase will help us pay for environmental investmentx we have already made to several of our coal-fired powet plants.
The installation of such pollution-controp equipment will improve air quality for our region and allow us to meet future federalenvironmental mandates. We recognize that this is a challengingt time to ask customers to pay more for andwe didn’t make this decision Kansas City-based (NYSE: GXP), KCP&L’s that KCP&L had reached an agreement in principle with the PSC to settlew its pending Missouri rate case. Great Plains Energuy ranks No. 5 on the Kansasd City BusinessJournal ’s list of area publivc companies.

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