Empire Electric customers will soon see a reduction in their monthly bills. A settlement agreement approved today by the Kansas Corporation Commission calls for a 3.8% rate decrease effective July 1, 2022. This amounts to a bill reduction of $2.95 per month for residential customers with average usage. The company, which serves 9688 customers in southeast Kansas, filed an application for a rate increase last May to recover costs related to building three new wind farms, retiring the Asbury coal plant and updating accumulated depreciation and deferred costs. The application called for an increase in rates totaling about $5.00 per month for residential customers.
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