The Missouri Public Service Commission has approved a tariff filed by Evergy West which will adjust the fuel and power adjustment clause (FAC) charge on the bills of its electric customers.
In its July 1st, 2022 filing, Evergy West, which serves Worth, Nodaway, Gentry, and Harrison counties, proposed to adjust the FAC to reflect changes in its fuel and purchased power costs, net of off-system sales revenues incurred by the company for the six month period of December 2021 through May 2022. In that filing, Evergy West proposed that approximately $31 million not be recovered through the FAC, but instead be deferred to a Plant in Service Accounting regulatory asset for consideration in a subsequent general rate case.
The Commission held hearings on that issue in September and in an order issued November 9th, the Commission denied the request. On November 21st, Evergy West filed a tariff reflecting the Commission’s decision in the FAC case and the Commission approved the tariff.
For a residential customer using 1,000 kilowatt hours of electricity a month, the FAC will increase by approximately $5 a month effective December 1st.
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