KCC raises concern about Evergy sustainability plan

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Kansas utility regulators are ordering Evergy to show whether its roadmap for modernizing its utility grid, investing in renewable energy sources and cutting costs is leading to competitive electric rates and more reliable service for Kansans.

The Kansas Corporation Commission is raising concerns with Evergy’s sustainability transformation plan, questioning whether pressure for shareholder value was driving up rates and urging more transparency for Evergy’s projected spending increases.

The commission on Tuesday questioned the role of an Evergy investor - Elliott Management -  in encouraging and developing the sustainability transformation plan and what affect it was having on Kansas ratepayers.

The . . .

SSJ

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