FOR IMMEDIATE RELEASE -- February 14, 2020
Contact: Kevin Kelly (573) 751-9300
Fuel Adjustment Charge to Change for Evergy Missouri West Customers
JEFFERSON CITY---Evergy Missouri West, Inc. d/b/a Evergy Missouri West (formerly KCP&L Greater Missouri Operations Company) customers will see a change in the fuel adjustment charge (FAC) on their electric bills starting on March 1, 2020.
Evergy Missouri West made two filings with the Missouri Public Service Commission. In its first filing (ER-2020-0189), Evergy Missouri West proposed to adjust the FAC to reflect changes in its fuel and purchased power costs for the six month period of June 2019 through November 2019. The second filing was Evergy Missouri West’s FAC true-up (EO-2020-0188).
For a residential customer using 1,000 kWh (kilowatt-hours) of electricity a month, the FAC will drop by approximately $3.20 a month, from approximately $4.95 a month to approximately $1.75 a month, effective March 1, 2020.
The FAC tariff allows the company to pass increases or decreases in its net fuel and purchased power costs to customers outside of a general rate case.
The FAC allows the company to recover most – up to 95 percent – of its costs, but not all, to encourage conservation and prudence in fuel use by the company. Any charges resulting from the fuel adjustment clause must appear in a separate category on customers’ bills.
Fuel adjustment charges are intended to help companies deal with volatility in fuel pricing. The FAC tariff requires regular adjustments to reflect changes in prices the company has incurred for fuel and for wholesale power purchased to serve customers.
Evergy Missouri West provides electric service to approximately 334,100 customers in the Missouri counties of Andrew, Atchison, Barton, Bates, Benton, Buchanan, Carroll, Cass, Cedar, Clay, Clinton, Dade, Daviess, DeKalb, Gentry, Grundy, Harrison, Henry, Holt, Jackson, Johnson, Lafayette, Livingston, Mercer, Nodaway, Pettis, Platte, Ray, St. Clair, Vernon and Worth.