Friday, November 30, 2012

Missouri approves KCP&L rate increase - Triangle Business Journal:

karnergetajequ1416.blogspot.com
million that KCP&L had sought. PSC spokesman Gregb Ochoa said that the PSC staff estimatedr the increase will raise a typicaloresidential customer’s bill about $12.823 a month. A typicapl customer is considered to be one that uses 700 kilowat t hours of electricity a month in wintetand 1,200 kWh a month in the Ochoa said. “Our customers depenx on us to provide affordable andreliable power,” KCP&L CEO Mike Chesser said in a writte statement responding to the PSC approval. “Thixs rate increase will help us pay for environmentakl investments we have alreadyg made to several ofour coal-fired poweer plants.
The installation of such pollution-controol equipment will improve air quality for our region and alloqw us to meet future federalenvironmental mandates. We recognizw that this is a challenging time to ask customera to pay morefor electricity, and we didn’ t make this decision lightly.” Kansas City-based (NYSE: GXP), KCP&L’sd parent, that KCP&L had reachecd an agreement in principle with the PSC to settl its pending Missouri rate case. Great Plainsz Energy ranks No.
5 on the Kansaxs City BusinessJournal ’s list of area public

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