Settlement would raise Kansas utility's rates
HAYS, KANSAS - Electric rates for 41,000 western and central Kansas households would rise an average of 7.5 percent under a proposed regulatory settlement.
The settlement involves Hays-based Mid-Kansas Electric Co., customer advocates, the Kansas Corporation Commission's staff and other parties.
The KCC, which regulates utilities, scheduled a hearing on the settlement. The parties have asked the commission to approve it by mid-January.
The proposed changes would increase annual revenues for Mid-Kansas by about $15 million. The company initially had hoped for $20 million in rate increases.
Mid-Kansas was formed by six electric co-operatives in 2005, and rate increases would vary based on which one serves a customer.
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Environment Minister Iain Rankin said joining the initiative would allow the province to use its IT system to manage and track its new cap and trade program.
Rankin said the province can join without trading greenhouse gas emission allowances with other jurisdictions -- California, Quebec, and Ontario are currently…
