The City of Valley Center is considering whether to start its own electric utility. The city council on Oct. 17 heard the report of a nearly year-long study into the initiative to possibly replace Evergy. … a municipal electric utility is possible. However, city customers likely would pay slightly higher rates than Evergy’s rates in the first few years before city rates became lower than Evergy. That’s because the city could face large upfront system acquisition costs coupled with operations and maintenance.
Source: Ark Valley News
