FOR IMMEDIATE RELEASE -- December 13, 2019
Contact: Kevin Kelly (573) 751-9300
PSC Issues Decision in Evergy Missouri MEEIA Case
JEFFERSON CITY---The Missouri Public Service Commission has approved, with modifications, the Missouri Energy Efficiency Investment Act (MEEIA) Cycle 3 plans put forth by Evergy Missouri Metro and Evergy Missouri West (Evergy Missouri). Evergy Missouri’s portfolio of MEEIA Cycle 3 programs consist of a three-year plan for specific demand-side programs and a six-year plan for the income-eligible multi-family program. The Commission’s order includes a one year pilot program called Pay As You Save (PAYS).
MEEIA requires that all customers in a class for which MEEIA programs are offered benefit, regardless of whether they participate in the programs. The Commission has determined that Evergy Missouri customers will benefit from the proposed MEEIA Cycle 3 programs. “The Company’s proposed MEEIA programs will result in the lowest net present value of revenue requirements or minimization of the present worth of long-run utility costs over the long term, as well as improved health and safety, investment in local economies, and local job creation,” said the Commission.
The PAYS program allows utilities to invest in efficiency upgrades on the customer’s side of the meter and recover their costs through a tariffed charge on the participant’s bill. The Commission found that the PAYS program offers unique opportunities to broaden participation in MEEIA programs to customers who might not otherwise engage in energy efficiency programs. “PAYS enables deeper energy efficiency and demand savings by customers who do not have thousands of dollars of disposable income to make energy-related investments, including many residential customers,” said the Commission.
MEEIA is voluntary and companies do not have to offer demand side programs under MEEIA. If Evergy Missouri decides to implement a MEEIA Cycle 3, including the one year PAYS pilot program, tariffs complying with the Commission’s order must be filed no later than December 16, 2019.
Evergy Missouri Metro (formerly Kansas City Power & Light Company) serves approximately 293,000 electric customers in the Missouri counties of Carroll, Cass, Chariton, Clay, Howard, Jackson, Johnson, Lafayette, Livingston, Pettis, Platte, Randolph and Saline.
Evergy Missouri West (formerly KCP&L Greater Missouri Operations Company) 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.