The Kansas Corporation Commission approved a settlement agreement in the Kansas Gas Service. Under the agreement, the $58.1 million net revenue increase originally requested by KGS was reduced to $35 million.
The bill impact to residential customers, with average usage, is an increase of approximately $3.83 per month or $46.02 per year. The new rates will take effect on Nov. 1. The company withdrew its proposal to implement two different rate structures based on high or low usage. That proposal, which was opposed by KCC staff and the Citizens Utility Ratepayer Board (CURB), would have resulted in a residential rate increase of approximately $6.71 per month for customers using 73 Mcf or less per month or $9.48 more per month for those residential customers using more.
PHOTO: Modern natural gas kitchen stove with blue flames burning. (iStock – MarianVejcik)
