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Regulators approve electric rate discounts for Panasonic

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State utility regulators on Thursday approved a special contract discounting electric rates for Panasonic, one of the biggest development projects in state history.

The Kansas Corporation Commission found that the special contract was necessary to honor the commitments that were made to bring the electronic vehicle battery manufacturer to De Soto.

"The uncontroverted evidence in the record demonstrates the special contract includes substantial protections for existing customers to produce operational and economic benefits for both Evergy and its customers, including just and reasonable rates."

Panasonic . . .

SSJ

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