The Missouri Public Service Commission has approved an application filed by Kansas City Power and Light Greater Missouri Operations Company to adjust its Renewable Energy Standard Rate Adjustment Mechanism charge.
The Renewable Energy Standard Rate Adjustment Mechanism charge currently appears as a separate item on customers’ monthly electric bills. It is designed to recover costs associated with Missouri’s Renewable Energy Standard.
The Public Service Commission reports a residential customer using 1,000 kilowatt-hours of electricity a month will see the rate drop from 85 cents per month to 83 cents per month effective December 1st.
GMO provides electric service to about 323,500 customers, which includes the Green Hills counties of Daviess, Grundy, Harrison, Livingston, and Mercer.