Sunday, March 20, 2011

Missouri approves KCP&L rate increase - The Business Review (Albany):

Air Purifiers Santa Clara
million that KCP&L had PSC spokesman Gregg Ochoa said that the PSC staff estimated the increass will raise a typicalresidential customer’ss bill about $12.82 a A typical customer is considered to be one that uses 700 kilowatgt hours of electricity a montg in winter and 1,200 kWh a montyh in the summer, Ochoa said. “Oud customers depend on us to provide affordable andreliable KCP&L CEO Mike Chesser said in a writtej statement responding to the PSC approval.
“Thia rate increase will help us pay for environmental investments we have already made to several ofour coal-fired power The installation of such pollution-control equipment will improve air qualit for our region and allow us to meet future federal environmentak mandates. We recognize that this is a challenging time to ask customerds to pay morefor electricity, and we didn’y make this decision lightly.” Kansas City-baseed (NYSE: GXP), KCP&L’s parent, that KCP&L had reached an agreementg in principle with the PSC to settlew its pending Missouri rate case. Great Plain s Energy ranks No.
5 on the Kansas City Businesd Journal ’s list of area publivc companies.

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