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Currently, Missouri utilities rely on audited past expenses — called a “test year” — to set rates. Critics say that allowing gas, water and sewer utilities to base rates on upcoming expenses would hurt customers.
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After an especially cold month, Kansas City residents can expect energy and gas bills sometimes topping $200. Utilities like Evergy, Spire and Ameren need approval on their rates from regulators in Missouri and Kansas.
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Spire's rate increase would come to about 12.7% for western Missouri customers, or about $11 a month. But state regulators and consumer advocates are skeptical the energy company needs to increase rates by so much.