KCP&L gets $11M increase - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

KCP&L gets $11M increase

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TOPEKA, Kan. (AP) - Kansas City Power & Light has been granted an $11.5 million revenue increase that will boost an average residential customers bill by more than $2 a month.

The Kansas Corporation Commission said in a release Thursday that KCC approved the settlement agreement reached between KCP&L, KCC staff and the Citizens' Utility Ratepayer Board that grants KCP&L the $11,535,857 increase.

The KCC, which regulates public utilities including electric and water companies, says the hike will mean about $2.24 per month more on an average residential customer's bill after July 24.

KCP&L had sought a $12.1 million revenue increase the utility said was to meet federal Environmental Protection Agency requirements.

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