KCP&L requests rate increase for KCP&L – Missouri Customers
KCP&L has filed a request with the Missouri Public Service Commission
to increase base rates for customers living in its KCP&L-Missouri
KCP&L is requesting a 7.5% rate increase. Additionally, this request includes an adjustment to the fuel adjustment clause, which results in an additional 3.3% increase. If approved, for the average residential customer,* this would result in an additional $9 each month. The rate request process in Missouri involves many steps, and any rate increases will be effective in April or May 2017.
Why KCP&L Is Requesting an Increase
KCP&L is requesting the rate increase for a few reasons:
- Infrastructure investments made to maintain electrical reliability and modernize the grid
- Additional regional transmission lines to transport renewable energy
- Upgraded power plants and systems to comply with environmental and cybersecurity mandates
Only residential and business customers in the KCP&L – Missouri service area
will be impacted by this rate increase request. One way you can identify if you will be impacted is by viewing the upper-lefthand corner of the front of your bill where your service area is listed and would read, “You live in KCP&L – Missouri.”
* An average residential customer is defined as using 1,020 kWh per month in the summer and 690kWh per month in the winter.