TOPEKA, Kan. (AP) ¿ Westar Energy Inc. is asking Kansas regulators to increase its electric rates by $20 million ¿ the fourth increase requested this year by the Topeka utility. Westar says the extra revenue would cover its investments in wind farms and a natural gas-fired power plant near Emporia. Residential customers in Westar's northern division would see their monthly electric bills rise by an average $1.43. In the southern division, the average monthly increase for residential customers would be 71 cents. Westar had notified investors in April that it planned to seek the $20 million increase. The company has now made the request official with an application to the Kansas Corporation Commission.
More from Food & Drink
Amazon Seems to be Hedging its Grocery and Bricks-and-Mortar Bets
The e-commerce and cloud giant is reportedly thinking about launching Amazon Go supermarkets, while also getting set to launch a grocery store chain featuring human cashiers.
Sweetgreen CEO on Delivery Rollout and Going Public
Sweetgreen's CEO and co-founder talked to TheStreet about going public and when he thinks the company could go public.
Walmart Redesigns Grocery Departments Ahead of More Competition From Amazon
The company plans to widen aisles and make produce more visible as part of its revamp.
DoorDash Considers Direct Listing Instead of Traditional IPO - Report
A direct listing would avoid some of the scrutiny that comes with a publicized IPO, but the company would miss out on the money raised by issuing new shares.