The Kansas Corporation Commission has approved a rate increase which will increase annual revenue for the state’s largest utility by $50 million (or 3.2%).
An average Westar Energy residential customer can expect to see an approximate $3.54 per month increase in their base rates.
Legally, Westar can put the new rates into affect as soon as proper tariffs are on file with the Commission.
The so-called “Nonunanimous Stipulation and Agreement” granted to Westar represents about half of the amount requested. The utility’s original request was for an annual revenue increase of $90.8 million.
The Final Order states, “The Commission finds that Stipulation and Agreement will result in just and reasonable rates that are in the public interest, in that it protects ratepayers from excessive increases while allowing the utility to maintain a healthy business able to provide reliable service.”
According to a KCC news release, this is consistent with the Commission’s statutory directive to ensure safe and reliable service.
A copy of Westar’s application, supporting testimony, and order is available by visiting http://kcc.ks.gov, clicking “Docket Filings” on the left menu and entering docket number: 12-WSEE-112-RTS.