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million that KCP&L had sought. PSC spokesman Gregg Ochowa said that the PSC stafrf estimated the increase will raiswe a typicalresidential customer’s bill aboug $12.82 a month. A typical customer is considered to be one that uses 700 kilowatty hours of electricity a month in winteerand 1,200 kWh a month in the Ochoa said. “Our customers depend on us to providre affordable andreliable power,” KCP&L CEO Mike Chessedr said in a written statemenf responding to the PSC “This rate increase will help us pay for environmentalp investments we have already made to several of our coal-fired powere plants.
The installation of such pollution-contro l equipment will improve air quality for our region and allowe us to meet future federakenvironmental mandates. We recognize that this is a challenginh time to ask customers to pay morefor electricity, and we didn’ft make this decision lightly.” Kansas City-based (NYSE: KCP&L’s parent, that KCP&Lp had reached an agreement in principle with the PSC to settle its pending Missouri rate Great Plains Energy ranks No. 5 on the Kansaxs City BusinessJournal ’s list of area publixc companies.
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