Regulators approve KCP&L rate cuts, solar pilot, demand pricing

Kansas City Power & Light will lower rates for some customers, introduce a new demand-based pricing structure and try a pilot program for solar-generated power under a raft of new provisions approved Wednesday by the Missouri Public Service Commission.

Rate cuts

The cuts, expected to take effect in December, will lower rates for KCP&L’s General Missouri Operations — that is, former Aquila customers — by 3.2 percent. The reductions, which amount to $24 million, will be spread among 323,500 customers in 31 counties.

Other KCP&L customers will have rates reduced by 1.4 percent. The $21 million worth of cuts will apply to 284,500 customers in 13 counties.

The rate cuts arose from KCP&L’s January request for a rate increase, the PSC said. Rates were lowered to reflect the impact of federal tax cuts on the utility.

Solar subscriptions 

State regulators also approved a KCP&L plan to offer some customers a subscription to buy solar-generated power. The program, similar to one offered by St. Louis-based utility Ameren, will be available to customers who can’t install their own solar panels.

Demand pricing

The PSC also gave the green light to a plan that would enable KCP&L to charge different rates at different times of day, increasing rates during periods of peak demand. The utility would offer that pricing starting in October 2019.

Read more: Kansas City Star


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