Press Release


FOR IMMEDIATE RELEASE -- October 21, 2021
Contact:
Kevin Kelly (573) 751-9300
PR-22-51

PSC Approves Change to Evergy Metro Fuel Adjustment Charge

JEFFERSON CITY---Electric customers of Evergy Metro, Inc. d/b/a Evergy Missouri Metro (Evergy Metro) will see an interim change in the Fuel Adjustment Charge (FAC) on their electric bills effective November 1, 2021.

For a residential customer using 1,000 kWh (kilowatt-hours) of electricity a month, the FAC will decrease by approximately $0.27 a month, from a current bill credit of approximately $0.14 a month to an approximate bill credit of $0.41 a month.

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 Metro serves approximately 292,700 electric customers in the Missouri counties of Carroll, Cass, Chariton, Clay, Howard, Jackson, Johnson, Lafayette, Livingston, Pettis, Platte, Randolph and Saline.
-30-
External / Internet