Archive for Friday, January 6, 2012

State board proposes cut in Westar Energy’s rates

January 6, 2012

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— A state board that represents residential customers and small businesses in Kansas is recommending an $11.6 million cut in the electric rates charged by Westar Energy.

The Citizens' Utility Ratepayers Board filed its proposal Thursday with the Kansas Corporation Commission, which regulates utilities.

Topeka-based Westar is the largest electric utility in Kansas, and it's seeking a rate increase of nearly $91 million. It says it needs the increase to retain its employees, upgrade its transmission grid and provide the service customers expect.

But CURB said the regulatory commission should hold Westar's profits to less than 9 percent, not the 10.6 percent the company has proposed. CURB also wants the commission to allow less generous compensation for management than Westar's rate increase would permit.

Comments

wdl 5 years, 10 months ago

This sounds like a worth while project. I guess there are things in life I don't understand. Why would this utility spend all the money it has to install thousands of smart meters in this city so people can better understand their energy usage. This raises consumer awarness as to when and how they may cut back on consumption and reduce their utility bill and their carbon footprint (BS). It would appear the utility wants to raise its prices. Why, is it because we are using less therefore to maintain their profit structure they must increase their prices. In the final anyalsis what good are the smart meters. What real purpose do they serve??

This strory mirrors another one close to my heart regarding our beloved oil companies. How long have we been told the high price of fuel is due to either 1) crude availability due to opec controlling the quantity it's members will ship, 2) we don't have enough refineries, 3) emerging markets such as south america and china are new global players creating greater pressure on fuel production. Recently the LJW prints a story stating we are using far less fuel than we have in the past due to the condition of our overall economy, more fuel effiecient automobiles and trucks, and the evolution of alternative fuels. If I understand this, the oil companies domestic market has dried up some so they are shipping fuels abroad. This of course maintains the higher fuel prices here at home, while comanding higher prices abroad. I was once in favor the Canadian pipe line to Texas but after reading the LJW article I don't want to ever see it built. My question is when does the average consumer catch a break. The oil / fuel market is manipulated by wall street, opec, and the oil companies (not in any order). The consumer is engaged in the oldest profession in the world and we are not even getting a kiss.

jafs 5 years, 10 months ago

Then they shouldn't sell them as a way to benefit customers.

Also, I'd be willing to bet they could already charge peak and non-peak rates without needing to work in such small increments.

Ron Holzwarth 5 years, 10 months ago

Is there someplace I can invest some money and get a guaranteed 10.6% annual return?

Ragingbear 5 years, 10 months ago

I tried to put a comment in earlier, but I lost power in the middle of a sunny day with little to no wind for no apparent reason yet again.

newmedia 5 years, 10 months ago

Never say never so we will just say highly unlikely and very doubtful! With this mild winter so far they will have to make it up somewhere...

roadwarrior 5 years, 10 months ago

No more "lets make a deal"........."just say no."

roadwarrior 5 years, 10 months ago

that's a choice ....paying for two infrastructures. independent sort i figger.

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