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Evergy Must Explain To KCC $1.2 Billion Spending Increase

 

Evergy was ordered by the Kansas Corporation Commission to explain the $1.2 billion increase in the company’s capital spending plan filed this year. This is in comparison to the projections shared last year when Evergy presented its Sustainability Transformation Plan.

The order requires that a workshop to discuss the matter be scheduled by September 28 and take place before December 1, 2022.

In the workshop, which can be viewed by the public on the KCC YouTube channel, Evergy will have the opportunity to explain the necessity and impact of the proposed increase in budgeted capital spending and answer questions from Commissioners, Commission Staff, and the Citizens Utility Ratepayer Board at the workshop.

This increase is on top of two $1 billion dollar increases in as many years. Evergy outlined expenditures in every year’s proposed plans since 2020 and each year the 5-year plan was increased by $1 billion. The 5-year plan in 2020 was increased by $1 billion in 2021 and in 2021 it was increased by $1 billion and now the company is asking for $1.2 billion more in spending. The order by the KCC states the increase affects the majority of Kansans and thus requires public scrutiny.

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