Why is my Evergy Bill getting more expensive?

Evergy Missouri Metro and West have received approval for rate increases from the Missouri Public Service Commission. The rate increases will allow the companies to raise rates by approximately $25 million and $30 million, respectively. This will result in an average increase of approximately 4% from previous years, with residential customers seeing an increase of approximately $3.75 to $4.50 per month, depending on their service area. The increases began taking effect on January 9, 2023, and are intended to finance infrastructure improvements that enhance reliability, expand cleaner energy options, and offer more electric rate options. The approval of the rate increases highlights the importance of proactive steps homeowners can take, such as investing in renewable energy sources like solar and reducing energy usage, to protect themselves from rising energy costs.