Missouri approves KCP&L rate increase - Business First of Columbus:

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million that KCP&L had PSC spokesman Gregg Ochoz said that the PSC staff estimated the increas e will raise a typicalresidential customer’s bill about $12.82 a month. A typical customer is considered to be one that uses 700 kilowattg hours of electricity a month in wintetrand 1,200 kWh a month in the summer, Ochoz said. “Our customers depend on us to provide affordable andreliable KCP&L CEO Mike Chesser said in a writtenm statement responding to the PSC approval.
“This rate increase will help us pay for environmentap investments we have already made to severalk ofour coal-fired power The installation of such pollution-control equipment will improves air quality for our region and allowe us to meet future federal environmentap mandates. We recognize that this is a challenginh time to ask customers to pay morefor electricity, and we didn’ t make this decision Kansas City-based (NYSE: KCP&L’s parent, that KCP&p had reached an agreement in principle with the PSC to settles its pending Missouri rate case. Great Plains Energyt ranks No. 5 on the Kansad City Business Journal ’s list of area public companies.