KCP&L Rate Update

The KCP&L rate update means savings for you and a few new, exciting changes.

Recently, the Missouri Public Service Commission (MPSC) approved rate updates for KCP&L and Greater Missouri Operations (GMO). This update includes savings related to the 2018 merger with Westar Energy and new lower federal tax laws.

For Missouri residential customers, this will result in the following annual base rate decreases starting December 6, 2018:

  • GMO: $24 million decrease (just under $6 a month on your energy bill)
  • KCP&L: $21.1 million decrease (over $2 a month on your energy bill)

Additionally, we're passing along 100% of savings from the Tax Cut and Jobs Act, decreasing the corporate tax rate from 35% to 21%, which results in the following:

  • GMO: $29.3 million in savings applied as a one-time credit on January 2019 bills
  • KCP&L: $38.7 million in savings used to offset regulatory costs (which means a one-time credit won't appear, but instead, you'll benefit from reduced costs over time)

What's new?

This is how we're investing to enhance your customer experience:

  • A new customer information system, so we can ensure improved, consistent and more efficient customer communications where you receive information about energy solutions with ease.
  • Budget- and environmentally-friendly options, so you can better manage your personal energy usage needs and access renewable energy, including Solar Subscription providing the community access to solar energy (no rooftops required). 

The MPSC also approved new rate design changes.

What's rate design, and how's it changing?

Your bill shows different charges, fees and other adjustments that make up the total cost of your energy bill, which you can view here. Rate design is the way we set bill amounts and define charges and fees.
 
Within our rate update, we streamlined your Customer Charge to $11.47 for all Missouri customers, which is roughly a $1 increase for GMO and $1 decrease for KCP&L. Below are energy charges for common rates:

Energy Charge

 

KCP&L-MO

General Use
1RS1A

KCP&L-MO

Electric Heat
1RS6A

 

GMO General Use MORG

GMO Electric Heat MORH

Summer

 

May 16 - Sept. 15

 

June 1 - Sept. 30

First 1,000 kWh

 

$.13511

$.13806

(all kWh)

 

$.10938

$.11927

(all kWh)

Over 1,000 kWh

 

$.14916

 

$.11927

Winter

 

Sept. 16 - May 15

 

Oct. 1 - May 31

First600 kWh

 

$.12013

$.09703

 

$.09888

$.09888

Next 400 kWh

 

$.07396

$.09703

 

$.07800

$.06035

Over 1,000 kWh

 

$.06561

$.06300

 

$.07800

$.05005

Head here for more info on understanding your bill or view updated Missouri rates here

We also have a pending rate review for Kansas customers. We expect to have an order issued on that rate review by Dec. 27, 2018.