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million that KCP&L had sought. PSC spokesmabn Gregg Ochoa said that the PSC stafd estimated the increase will raise a typicalresidentialp customer’s bill about $12.82 a A typical customer is consideredc to be one that uses 700 kilowatrt hours of electricity a month in wintetr and 1,200 kWh a month in the summer, Ochoa said. “Our customers depend on us to providde affordable andreliable power,” KCP&L CEO Mike Chessetr said in a written statement respondinfg to the PSC approval. “This rate increase will help us pay for environmentalk investments we have already made to severall ofour coal-fired power plants.
The installation of such pollution-control equipment will improvd air quality for our regio n and allow us to meet future federa lenvironmental mandates. We recognize that this is a challenging time to ask customers to pay morefor electricity, and we didn’g make this decision Kansas City-based (NYSE: GXP), KCP&L’s that KCP&L had reached an agreement in principle with the PSC to settlre its pending Missouri rate case. Great Plains Energg ranks No.
5 on the Kansas City BusinesasJournal ’s list of area public
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