Check out this infographic on ratemaking published by KCP&L (http://www.kcpl.com/my-bill/for-business/how-rates-are-set/ratemaking-101).
Steps in the Rate Case Process
The typical process takes 8-11 months to complete.
- Before a utility like KCP&L can change rates, we must submit an official request to the Kansas Corporation Commission or the Missouri Public Service Commission.
- The respective Commission Staff audits the request and supporting documentation.
- Other parties, known as interveners, may perform additional audits and reviews, voicing concerns or requesting more information to better understand the utility filing.
- The Commission invites customers and the public to ask questions or express comments about the requested change.
- The utility formally presents the case to the Commission through testimony. Commission Staff and interveners also file their case through testimony.
- The utility provides the most current numbers and final facts for consideration.
- The utility works with all parties to resolve as many issues as possible. The Commission hears any unresolved issues in a formal hearing. Commissioners then review any agreements, testimonies and documentation presented.
- The Commission issues a formal ruling and announces approved rates, which are then integrated into customer billing.
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