Missouri approves KCP&L rate increase - South Florida Business Journal:

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million that KCP&L had sought. PSC spokesman Gregtg Ochoa said that the PSC stafvf estimated the increase will raisre a typicalresidential customer’s bill aboutf $12.82 a month. A typical customerf is considered to be one that uses 700 kilowatt hours of electricity a month in winterand 1,2009 kWh a month in the summer, Ochoas said. “Our customers depend on us to provide affordable andreliable power,” KCP&L CEO Mike Chesser said in a writtehn statement responding to the PSC approval.
“Thisd rate increase will help us pay for environmental investmentsa we have already made to several ofour coal-fired power The installation of such pollution-control equipment will improvde air quality for our region and allosw us to meet future federal environmentak mandates. We recognize that this is a challenging time to ask customer to pay more for andwe didn’t make this decisionb lightly.” Kansas City-based (NYSE: GXP), KCP&L’s parent, that KCP& L had reached an agreement in principle with the PSC to settles its pending Missouri rate case. Great Plains Energy rank s No.
5 on the Kansas City BusinesseJournal ’s list of area public