Authorizing the state corporation commission to increase or decrease an electric public utility's return on equity based on whether such utility's all-in average retail rate has increased or decreased.

Summary

The bill would allow Kansas’s State Corporation Commission to adjust an electric utility’s allowed return on equity by up to half a percent, depending on whether the utility’s all‑in average retail electricity rate has risen or stayed flat over the prior year. An increase is possible only if the rate has not risen more than 1%; a decrease is possible if the rate has risen more than 1%. The commission would also be required to amend the utility’s retail rates to reflect any such change.

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