In case you haven’t heard the news, Westar Energy and Kansas City Power & Light will both ask for rate increases for 2015 to recover some of the costs of environmental upgrades at the LaCygne power plant.
According to the Topeka Capital-Journal, “the companies, which co-own the plant in Linn County, spent $1.2 billion on the upgrades and have recovered about half the costs through previous rate increases.”
“In January 2015, KCPL filed a request with the Kansas Corporation Commission to increase rates by 12.5%. For an average residential customer, this would result in an increase of $11.67 each month, if approved. The process takes about eight months to complete which means the new rates are expected to become effective on or around October 1, 2015. To learn more about KCPL’s increase for Kansas customers visit: http://www.kcpl.com/my-bill/for-home/rate-information/ks/kansas-rate-change
“will submit its rate request in March and no details will be released until it submits its filings with the Kansas Corporation Commission.”
The EPA proposed Clean Power Program, which could be approved by this summer, would require each state to reduce greenhouse gas emissions from power plants by 30 percent by 2030. The proposed rules could threaten the long-term viability of aging coal-fired power plants in the country.
Energy prices are sure to continue to rise. Take the first step to saving energy and money on your future energy bills with a home energy evaluation or energy audit performed by a certified professional. Once you have reduced energy waste in your home or business, consider investing in a renewable energy system for your home or business. Please contact Good Energy Solutions for a consultation.