KCP&L seeking $55.2 million rate hike in Kansas

AP News
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Posted: Dec 17, 2009 4:41 PM

Kansas City Power & Light is asking Kansas utility regulators for a $55.2 million rate increase for its Kansas customers.

KCPL, a unit of Great Plains Energy Inc., says its request Thursday to the Kansas Corporation Commission would raise the average residential customer's rate by 11.5 percent, or $11.08 per month.

The company says the increase is necessary to pay for environmental improvements, completion of its Iatan 2 coal-fired plant near Weston, Mo., and upgrades to transmission lines.

The KCC approved a $59 million rate hike for the company's 240,000 Kansas customers in June. KCPL says Tuesday's requested increase would go into effect in October 2010.

The company says it plans to ask Missouri regulators for a rate increase for its 660,000 customers there in early 2010.