Electric customers of Evergy Missouri Metro will see rates change under a change in the Fuel Adjustment Charge (FAC) approved by the Missouri Public Service Commission, effective April 1, 2022.

According to a news release, the change in the FAC reflects fuel and purchased-power costs, net of off-system sales revenues incurred by the company from July through December, and includes extraordinary net revenues from Winter Storm Uri through December 31, 2021. The change also reflects Evergy Missouri Metro’s true-up filing.

For residential customers using 1,000 kWh (kilowatt-hours) of electricity a month, the FAC will decrease by approximately $3.25 a month, from a current bill credit of approximately $0.41 a month to a bill credit of approximately $3.66 a month. The FAC tariff allows the company to pass increases or decreases in its net fuel and purchased-power costs to customers outside of a general rate case.

The FAC allows the company to recover most of its costs to encourage conservation and prudence in fuel use by the company. Any charges resulting from the fuel-adjustment clause must appear in a separate category on customers’ bills. Fuel-adjustment charges are intended to help companies deal with volatility in fuel pricing. The FAC tariff requires regular adjustments to reflect changes in prices the company has incurred for fuel and for wholesale power purchased to serve customers.

Evergy Missouri Metro serves approximately 292,700 electric customers in 13 Missouri counties including Carroll, Chariton, Howard, Johnson, Lafayette, Pettis, and Saline in the KMMO listening area.