Great Plains Energy, Inc. (ticker: GXP, exchange: New York Stock Exchange (.N))
News Release -
Kansas Corporation Commission Approves Electric Rate Increase For Westplains EnergyKANSAS CITY, MO, September 5, 2001 - The Kansas Corporation Commission recently approved a 4.51 percent increase in base electric rates for WestPlains Energy customers in Kansas, a UtiliCorp United official said today. WestPlains is a division of UtiliCorp.
UtiliCorp had filed a 12.7 percent rate increase request with the Commission on December 8, 2000. This was the first Kansas electric rate increase requested by the company since 1983, according to Larissa Long, community relations director for UtiliCorp in Kansas.
"Our filing was to recover the costs of electric system improvements and higher ad valolrem taxes," Long said. "Since the rate change was effective on August 15, customers will see the increase in their September bills."
Under the new rates effective on August 15, a residential customer using 750 kilowatt-hours of electricity a month would have an increase of approximately $2.35 per month or $28.24 annually.
WestPlains Energy provides electricity service to 65,000 customers in Kansas. Based in Kansas City, UtiliCorp United is an international energy company with more than 4 million customers and operations across the U.S. and in Canada, the United Kingdom, New Zealand, and Australia.