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TOPEKA, Kan. (AP) — The state’s consumer counsel’s office says Westar Energy’s latest rate request has been settled.
The proposed settlement will give the utility an additional $30.7 million a year and raise residential customer bills $3 a month. The Kansas Corporation Commission still must approve the settlement.
The Citizens’ Utility Ratepayer Board says the settlement drops a proposal by Westar to shift about $50 million of cost from its large industrial and commercial customers to residential and small-business ratepayers.
The Wichita Eagle reports (http://bit.ly/14CHWzb ) Westar applied for the rate increase mostly to pay for required environmental upgrades at its La Cygne power plant in eastern Kansas.
Information from: The Wichita (Kan.) Eagle, http://www.kansas.com