Evergy Seeks to Offer Energy Efficiency Programs for Kansas Customers
December 20 2021 - 9:00AM
Business Wire
Evergy also Prepares to Ask MPSC to Extend
Missouri Energy Efficiency Offerings.
On Friday, Dec. 17, Evergy proposed a suite of energy efficiency
programs to the Kansas Corporation Commission. Evergy’s proposed
programs would provide Kansas residential and business customers
with $42 million in anticipated net bill savings, offer $13 million
in enhanced assistance for low-income and rural customers, and
would unlock community benefits through job creation, energy
education and agency partnerships.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20211220005157/en/
Evergy has proposed a suite of energy
efficiency programs to the Kansas Corporation Commission that could
help customers save money. (Graphic: Business Wire)
Evergy also is preparing to ask the Missouri Public Service
Commission to extend the current package of energy efficiency
programs being offered to Evergy’s Missouri customers.
“As energy efficiency products and technologies continue to
evolve, Evergy wants to provide energy solutions to help Kansas
customers with their energy efficiency needs,” said Chuck Caisley,
Evergy senior vice president and chief customer officer. “We’ve
been able to offer similar successful programs in Missouri and
believe Kansas customers will embrace having choices that help them
manage their energy costs.”
A 2021 Wichita State University study showed that Evergy’s
Kansas customers want their utility to offer energy efficiency
programs. Evergy has a long history of delivering successful
cost-effective programs in Missouri, making it the ideal partner to
help customers save energy and money. As the first utility in
Missouri to make a strong commitment to energy efficiency, Evergy
has helped more than 370,000 residents and 8,000 businesses save
energy.
In Missouri, Evergy plans to ask to extend its 11 current
programs with enhancements for one additional year through 2023.
Through a set of programs that include measures like home energy
audits, programmable thermostats, rebates for efficient lighting
and other efficiency upgrades, Evergy has helped save customers
more than 1 billion kilowatt hours of electricity since 2013.
Missouri customers have seen more than $2 of benefit for each
dollar spent toward energy efficiency programs. Extension of these
programs is expected to bring another $23 million of net benefits
to Evergy’s Missouri customers.
“The Evergy incentives that we are able to offer in Missouri
help alleviate some of the cost concerns our customers have when
wanting to purchase higher-end, more efficient equipment. These
rebates provide even more value to the customer,” said Anthony
Plumbing, Heating & Cooling, which participates as a trade-ally
for residential energy efficiency programs. “Any additional rebates
offered to customers will help them justify being able to spend
more.”
“Customers want more ways to manage their energy and save money.
The goal for our energy efficiency programs is to offer more
innovative and personalized solutions that give customers more
choices,” Caisley said. “We’re excited for the opportunity to
provide our customers the latest in energy efficiency products and
programs while continuing our role as a leader in customer programs
within the utility industry.”
The programs proposed in Kansas are subject to review and
approval by the Kansas Corporation Commission and an order would be
anticipated in summer 2022. Programs are proposed to start in
January 2023. The extension requested in Missouri is subject to
approval by the Missouri Public Service Commission, and Evergy has
requested a decision by spring 2022.
The programs are proposed under the Kansas Energy Efficiency
Investment Act (KEEIA), which was passed by the Kansas Legislature
and became effective on July 1, 2014. KEEIA was established to
support the state’s goal of promoting the implementation of
cost-effective demand-side programs in Kansas and the state policy
to value demand -side program investments equal to traditional
investments in supply and delivery infrastructure. A similar law in
Missouri has helped customers save millions of dollars in energy
costs since programs began in 2013.
About Evergy, Inc.
Evergy, Inc. (NYSE: EVRG) serves approximately 1.6 million
customers in Kansas and Missouri. We were formed in 2018 when
long-term local energy providers KCP&L and Westar Energy
merged. We generate nearly half the power we provide to homes and
businesses with emission-free sources. We support our local
communities where we live and work, and strive to meet the needs of
customers through energy savings and innovative solutions.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211220005157/en/
Gina Penzig Manager, External Communications Phone: 785.508.2410
gina.penzig@evergy.com Media Line: 888-613-0003
Evergy (NYSE:EVRG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Evergy (NYSE:EVRG)
Historical Stock Chart
From Jul 2023 to Jul 2024