Great Plains Energy faces regulatory opposition to Aquila acquisition
By STEVE EVERLY
An excerpt from an article in The Kansas City Star
Great Plains Energy’s top executive, after privately meeting with Missouri regulators in January about acquiring Aquila Inc., thought there would be few “significant” objections to shifting more costs to Aquila customers.
But after a regulatory hearing Monday in Jefferson City, he may be reconsidering that view.
Several parties — including the Missouri Public Service Commission’s staff, theMissouri Office of Public Counsel and several industrial users — oppose the deal. They argue that it would be bad for Missouri and could cost Aquila’s customers in the state up to $80 million each year in higher rates.
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