Mo PCS Calls KCP&L Plan a Success, Approves 5.23% Rate Increase
On Tuesday of this week, the Missouri Public Service Commission (MPSC) released their order regarding KCP&L’s rate increase request for the company’s Missouri service territory. The order calls for a $34.817 million, or 5.23%, increase in revenue. KCP&L’s original request was for $92.1 million.
The new rates will go into effect on May 4, 2011. A decision on KCP&L’s rate increase request for its Greater Missouri Operations (former Aquila service territory) is expected in early May.
Mygreenkc is worried about the heat pump or residential space heat rate. Customers now enjoy a special price break. In Kansas this break was axed .. Will it happen in Missouri? We are about to find out.