Kansas rising electric rate-making process favors utilities
January 19, 2020
WICHITA, Kan. (AP) — An independent review of Kansas' rising electricity prices shows the process used for setting rates favors utilities and could be improved.
Lawmakers concerned that electricity prices were no longer competitive with neighboring states requested the study by London Economics in a bill passed during the 2019 legislative session, according to the Kansas News Service.
The review also found that state regulators can't do much to protect consumers from costs arising from the utilities underused investments and that rates are padded with additional bill surcharges.
Analysts...
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