(MSC News)--The Kansas Corporation Commission has approved a proposed settlement agreement in the Evergy rate case. The unanimous agreement, resolving all issues in the case, was submitted to the Commission on September 29 following negotiations between KCC staff, Evergy, the Citizens Utility Ratepayer Board, and a variety of groups representing commercial, educational, and environmental interests. The proposed settlement was reached Tuesday.
According to a release from the KCC, Evergy, in its application, sought a net revenue increase of $204 million, or 9.77%, for Evergy Kansas Central, formerly Westar, and a net revenue increase of $14 million, or 1.95%, for Evergy Kansas Metro, formerly KCP&L. Under the approved settlement agreement, Evergy Kansas Central will receive a net revenue increase of $74 million, a 3.54%, and Evergy Kansas Metro will receive a net revenue decrease of $32.9 million, or 4.53%.
The average monthly impact to residential customers will be an increase of $4.64 per month for Evergy Kansas Central customers and a decrease of $6.07 per month for Evergy Metro customers. The new rates will take effect based on the customer billing cycle date beginning December 21, 2023.
The Commission received comments from ratepayers at three public hearings held in July. In addition, the Commission also received 3,915 public comments through its Office of Public Affairs and Consumer Protection. The Commission noted that today- decision was issued with due consideration of those comments.
© Many Signals Communications
MOST VIEWED STORIES
Atchison apt fire claim's toddler's life, injures others
Effingham woman killed Friday in Atchison wreck
One injured in Nemaha Co wreck
Atchison man involved in fatal NW MO crash
Wetmore man arrested on child sex-related charge
Walnut Township Treasurer removed; votes unofficial until canvass
Rural Horton man arrested on multiple drug charges
One hospitalized, one jailed, after Atchison attack
Street lights to be discussed at Monday city meeting
Meteorologist Spencer: Geometric Watch means electronic disruptions
Two file to challenge local legislator
TX man to stand trial on charges in fatal Jackson Co crash
USD 430 Board accepts resignations, approves new hires
Local judge files for re-election
Atchison in running for national fireworks honors
Truck fire at CGB facility in Falls City
BC's Pate remembered by students, college family
Bridge work begins Wed in Doniphan Co
LATEST STORIES
Contested races in Tuesday Primary Election in Nebraska
One hospitalized, one jailed, after Atchison attack
Flags to fly half staff Wednesday across KS
Two file to challenge local legislator
Atchison man involved in fatal NW MO crash
Effingham woman killed Friday in Atchison wreck
Street lights to be discussed at Monday city meeting