The Kansas Corporation Commission denied Thursday a request from Westar Energy to increase retail electric rates by more than $90 million to cover the cost of buying a larger stake in the coal-fired Jeffrey Energy Center not required to meet the company’s consumer demand.Westar sought compensation for its seven-month lease and subsequent acquisition of 8% of the plant in St. Mary, which is west of Topeka. The cost to ratepayers would have been spread over 15 years and amounted to […]
KCC rejects Westar’s $93 million rate hike to cover unneeded coal-plant purchase
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