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million that KCP&L had sought. PSC spokesman Gregg Ochosa said that the PSC staffc estimated the increase will raise a typicalresidential customer’a bill about $12.82 a A typical customer is considered to be one that uses 700 kilowatg hours of electricity a month in winte r and 1,200 kWh a month in the Ochoa said. “Our customers depend on us to provide affordablw andreliable power,” KCP&L CEO Mike Chesser said in a written statement responding to the PSC approval.
“Thias rate increase will help us pay for environmental investment s we have already made to severa l ofour coal-fired power The installation of such pollution-control equipment will improve air quality for our region and allow us to meet futur e federal environmental mandates. We recognize that this is a challengingt time to ask customeres to pay morefor electricity, and we didn’ft make this decision Kansas City-based (NYSE: GXP), KCP&L’s parent, that KCP&L had reached an agreement in principle with the PSC to settlwe its pending Missouri rate case. Great Plainzs Energy ranks No. 5 on the Kansas City BusinesseJournal ’s list of area publiv companies.
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