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The Missouri Public Service Commission has directed Kansas City Power & Light Co. to offer stand-by electric services to self-generation customers at market-based prices.
The rate design approved by the commission allows the utility to recover stranded costs that might otherwise be shifted to customers who continue to take bundled electric service on the utility's regulated distribution system.
The PSC approved a plan proposed by its staff that would require the utility to employ "real-time pricing" for the energy component. An access charge would reflect the difference between the utility's embedded costs and the hourly market price for a baseline level of usage drawn from individual customer billing records.
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