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| Missouri Restructuring
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Last Updated: April 2007
09/01: The Missouri Public Service Commission (PSC) approved the reorganization of Kansas City Power & Light (KCPL). KCPL would form a holding company, Great Plains Energy, Inc., with three subsidiaries: KCPL which engaged in the generation, transmission, distribution and sale of electricity to approximately 467,000 customers located in western Missouri and eastern Kansas; Great Plains Power, Inc. which developed competitive generation for the wholesale market; KLT, an unregulated subsidiary with investments in energy-related businesses. Conditions of the reorganization were designed to protect KCPL customers. Also, purchase supply agreements between KCPL and Great Plains Power or its affiliates would require PSC approval and would be cost-based. 05/98: The Retail Electric Competition Task Force issued its Final Report to the PSC with recommendations on issues including public interest programs, stranded costs, taxes, reliability, and market power. 09/97: As part of the settlement for merger of Union Electric and Central Illinois Public Service, Union Electric would implement a pilot program for 100 MW and about 5,000 customers. An Utilicorp (Aquila) 2-year pilot was limited to 10 customers with a demand of at least 2.5 MW. 03/97: The PSC established the Retail Electric Competition Task Force to study retail wheeling and related issues and prepare reports for the PSC. Four working groups were established and were scheduled to submit reports no later than April 1998. 1997: HCR 7 created a panel of legislators to study retail wheeling; a report was scheduled to be due by January 1998. | |||||||||