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million that KCP&L had sought. PSC spokesmab Gregg Ochoa said that the PSC staft estimated the increase will raise a typical residential customer’s bill about $12.82 a month. A typicall customer is considered to be one that uses 700 kilowatt hoursa of electricity a monthh in winterand 1,200 kWh a monthj in the summer, Ochoza said. “Our customers depend on us to provide affordable andreliabl power,” KCP&L CEO Mike Chesser said in a writtenj statement responding to the PSC approval.
“This rate increasse will help us pay for environmental investments we have alreadyh made to several ofour coal-fired power The installation of such pollution-control equipment will improvwe air quality for our region and alloew us to meet future federal environmental We recognize that this is a challenging time to ask customerxs to pay more for electricity, and we didn’ft make this decision lightly.” Kansads City-based (NYSE: GXP), KCP&L’s that KCP&L had reached an agreemenf in principle with the PSC to settle its pending Missouri rate case. Great Plains Energy ranks No.
5 on the Kansasw City BusinessJournal ’d list of area public
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