JOPLIN, MO – The Empire District Electric Company said Tuesday that it filed a request with the Missouri Public Service Commission for changes in rates for its electric customers in Missouri. The Company seeks an annual increase in revenues of approximately $36.5 million, or about 9.2 percent. Last month, the MPSC approved a $46.8 million rate increase, effective Sept. 10, for the company to pay for a new power plant in Arkansas.
If approved by the MPSC, the residential customer charge would increase to $24.00 per month. This along with the change in the usage charge will result in a total monthly increase of approximately $13.60 for a residential customer using 1,000 kilowatt hours. The percentage change to customer bills will vary based upon the individual customer’s usage patterns.
The proposed change to the residential customer charge more accurately reflects the actual fixed costs incurred to deliver energy to customers.