The president of London Economics says high electricity rates in Kansas reflect a rapidly changing industry, higher-than-usual surcharges and the absence of long-term planning.
A.J. Goulding delivered his firm’s assessment of the power dynamic between utilities and regulators in hearings Tuesday before Kansas legislators.
Lawmakers in 2019 commissioned a study of why Kansas has higher electricity rates than other states in the region. For its study, London Economics compared Kansas to 18 states.
The firm recommended Kansas establish a state energy plan and mandate the annual publication by utilities of an integrated resource plan. Additionally, the study recommends a shift to performance-based ratemaking, where utilities are rewarded or punished for things like service quality and reliability.
A.J. Goulding delivered his firm’s assessment of the power dynamic between utilities and regulators in hearings Tuesday before Kansas legislators.
Lawmakers in 2019 commissioned a study of why Kansas has higher electricity rates than other states in the region. For its study, London Economics compared Kansas to 18 states.
The firm recommended Kansas establish a state energy plan and mandate the annual publication by utilities of an integrated resource plan. Additionally, the study recommends a shift to performance-based ratemaking, where utilities are rewarded or punished for things like service quality and reliability.
Source: Local – The Topeka Capital-JournalRead the full story ↗
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