- Associated Press - Monday, September 29, 2014

JOPLIN, Mo. (AP) - A Missouri-based electric company has announced that the Arkansas Public Service Commission has approved a 13.5 percent rate increase for its Arkansas customers.

Empire District Electric Company of Joplin said Monday the increase will raise rates of a residential customer who uses 1,000 kilowatt hours by about $14.43 per month.

The company says the increase is expected to generate about $1.37 million for capital investments; operating system replacement costs and ongoing operation and maintenance expenses.

The company provides electricity, natural gas through a wholly owned subsidiary, and water service to approximately 217,000 customers in Arkansas, Missouri, Oklahoma and Kansas.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide