JEFFERSON CITY, Mo. – The Missouri Public Service Commission approved seven tariffs and new orders on Wednesday, with the majority of the orders concerning Ameren Missouri and Kansas City Power & Light

The first concerned an application from Ameren Missouri seeking the authority to issue $425 million in longterm indebtedness, which they intend to use pay and refinance outstanding short-term debt. No other parties responded in the matter, and the PSC ruled that it was in the public interest to grant the application.

The second item of the day concerned Highway H Utilities, which asked authority to transfer water and waste assets to the City of Waynesville and to Pulaski County Sewer District.

The commission also reviewed the recommendation from staff regarding Kansas City Power & Light’s semi-annual fuel adjustment clause (FAC) true-up.

The company requested a true-up amount of $1,574,675, without interest, which is the result of an under-collection of $1,602,590, an interest calculation error of $30 during Accumulation Period 2, and an over-collection due to a transmission expense error of $27,885 during Accumulation Period 1.

For a residential customer using 1,000 kWh (kilowatt-hours) of electricity a month, the FAC will drop by approximately $1.87 a month.  The change is expected to take effect on April 1, 2018. 

The order was passed with a 5-0 vote.

The commission also approved a written territorial agreement between Farmer’s Electric Cooperative and the city of Cameron, designating the boundaries of each electric service supplier within portions of DeKalb County.

The PSC also approved Veolia Energy Kansas City, Inc.’s adjustment to its PACC tariff, adjusting customer rates to recognize costs, resulting in a reduction of $0.16412 per million pounds (“mlb”) of steam to customer bills. The order passed with a 5-0 vote after a quip from Commissioner Scott Rupp about people “letting off a little steam.”

In addition to that, they also signed off on KCPL’s application to modify their technical resource manual (TRM), and add new program measure incentive ranges and change some previously approved program measures incentive ranges.

The final approval granted in the meeting concerned the PSC staff’s prudence review of Ameren Missouri’s fuel adjustment clause, which was approved 5-0. You can view the full public report below: