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Evergy

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business2 years ago

Evergy Reaches Settlement on Rate Increase Proposal with KCC in Kansas

Evergy has reached an agreement with the Kansas Corporation Commission (KCC) on a rate increase proposal, resulting in a 4.05% increase for Evergy Kansas Central customers and a 4.75% decrease for Evergy Kansas Metro customers. The settlement represents a net increase of $74 million for the former and a net decrease of $32.9 million for the latter. Evergy initially requested a higher rate hike, but the KCC staff determined that a lower increase and a decrease were more appropriate. The agreement allows Evergy to recover investments in improving the electric grid while maintaining regional rate competitiveness.

energy2 years ago

Evergy Proposes New Default Billing Plan Ahead of Time-Based Billing Change

Evergy, an electric utility company, has requested permission to change the default plan for customers who do not select one of the four new time-based plans that will be implemented next month. The Missouri Public Service Commission had ordered Evergy to switch to time-based plans for peak summer hours starting in November 2022. Evergy is offering four plans for Missouri residential customers, and they are seeking to change the default plan to the Peak Reward Saver plan, which offers lower rates during peak weeknight hours compared to the current default plan. Evergy is also asking for the option to offer a standard tier rate plan in 2024 for customers who may not be able to adjust their electricity usage for time-based plans.

energy2 years ago

"Evergy's Time-of-Use Plans Deadline Looms: What You Need to Know"

Evergy customers in Missouri have until October to choose a new time-based rate plan or they will be automatically enrolled in the standard plan. Evergy is offering four new plan options, including Standard Peak Saver, Peak Reward Saver, Nights and Weekends Saver, and Nights and Weekends Max Saver. The new plans adjust the price of electricity based on the time of day it is used, allowing customers to save more on their energy bills. Evergy experts are available to help customers select the best plan for their needs.

energy2 years ago

Evergy Seeks Customer Opt-Out for Time-of-Use Pricing in Missouri

Evergy, the largest utility in western Missouri, has requested permission from the Missouri Public Service Commission to allow customers to opt out of time-of-use pricing plans. The controversial plans, set to be implemented next month, would increase electricity prices during times of high demand, such as summer evenings. Evergy faced backlash from customers concerned about skyrocketing bills and accusations from Missouri Senate Majority Leader Cindy O’Laughlin that the plans were an attempt to ration power and force a transition to renewable energy. Evergy has asked for several changes to the program, including the option for customers to return to a traditional flat-rate plan and a change in the default plan. The Missouri Public Service Commission has scheduled a hearing for September 19 to discuss Evergy's request.

business2 years ago

"Evergy customers face potential rate hike due to new Kansas Panasonic plant"

Evergy, a power company in Kansas, may request additional rate increases to cover the infrastructure and energy needed to serve the massive Panasonic battery plant development in De Soto. The plant is expected to have the power usage of a small city and will require upgrades to substations and transmission lines. Evergy states that the investment related to Panasonic will support expected growth and benefit all customers in the long term. The rates for serving Panasonic have not yet been set and must be approved by the Kansas Corporation Commission. State regulators are already considering a pending request by Evergy to raise rates.