Why Are Evergy Rates Rising? How Missouri Homeowners Are Feeling the Pinch—And Why Kansas Could Be Next
If you’re an Evergy customer, you’ve likely noticed your electric bill climbing this year. Evergy’s recent rate increase went into effect in January 2025, and for many homeowners in Missouri, the impact has been severe.
While Evergy originally framed the increase as an average of $8 per month, the reality is much harsher. For households with a $250 average monthly electric bill, that translates to a $30–$40 hike every month depending on the plan they’re on. This 13.42% rate increase is one of the most aggressive in the nation. And it’s coming after the rollout of Time-of-Use (TOU) rates, making electricity even more expensive during peak hours.
But why is this happening? And what does it mean for homeowners in Kansas, where rate increases have been delayed—but likely not for much longer?
Let’s break down the reasons behind these rate hikes, how homeowners can fight back, and what to expect in Kansas.
Why Is Evergy Raising Rates?
Evergy, which formed after the 2018 merger of Kansas City Power & Light (KCP&L) and Westar Energy, has cited several major reasons for the price increases.
1. Record-Breaking Energy Demand from EVs and Tech Giants
Missouri is experiencing a massive surge in energy consumption. Several major developments in the region have put an unprecedented strain on the grid:
Panasonic’s EV battery plant in De Soto, KS
Ford’s EV battery plant in Liberty, MO
Google, Meta (Facebook), and Amazon data centers
Tesla Supercharger stations and increased electric vehicle (EV) adoption
These industries require enormous amounts of electricity. The demand has outpaced local energy production, forcing Evergy to buy power from other utility companies—at a premium.
2. Evergy Needs to Buy More Power—But Where Will It Come From?
Missouri and Kansas don’t have enough local power generation to meet this rising demand. That means Evergy has to purchase electricity from other power companies.
Unfortunately, using more power affects our rates in 2-3 different ways. First, by using more it obviously increases our demand, meaning our infrastructure needs to be updated, and the cost of the fuel is higher when we use more. Second, if we aren’t producing extra power we can’t sell our excess wind power to states with more expensive power. Instead, Evergy has to buy electricity at market prices, and that cost is passed directly to customers. Regarding the procurement of additional power, Evergy primarily operates within Kansas and Missouri. When local generation does not meet demand, utilities like Evergy typically purchase electricity from neighboring states through regional transmission organizations (RTOs) or independent system operators (ISOs). These entities coordinate the movement of wholesale electricity across state lines to ensure reliability and efficiency.
To meet growing demand, Evergy is now investing in new natural gas power plants—but those projects cost billions and won’t be online for years. In the meantime, customers are footing the bill.
3. Inflation and Energy Costs Have Been Rising Since 2008
Evergy isn’t wrong when they say that the cost of delivering electricity has skyrocketed. Since 2008, electric rates have increased by an average of 6.5% per year, far outpacing general inflation.
This means the cost of electricity has doubled in the last 15 years, and unless something changes, it’s expected to keep climbing.
4. The TOU Pricing Model Is Driving Up Bills
In 2023, Evergy rolled out Time-of-Use (TOU) pricing, which charges customers higher rates during peak demand hours (4 PM – 8 PM).
This means that even if your usage hasn’t changed, your bill may still be higher than expected because of TOU penalties.
5. Evergy Employees Deserve a Raise—But How Much Is This Increase Bringing In?
Evergy has a monopoly on energy delivery in its service areas, which means customers don’t have a choice when rates go up.
That said, Evergy employees deserve to be paid fairly. But how much of this increase is actually going toward employee wages—and how much is being used to cover infrastructure projects and shareholder dividends?
Evergy has not provided clear breakdowns of where these additional revenues are going.
Why Is Evergy Raising Rates?
Evergy, which formed after the 2018 merger of Kansas City Power & Light (KCP&L) and Westar Energy, has cited several major reasons for the price increases.
Record-Breaking Energy Demand from EVs and Tech Giants
The region is experiencing a significant surge in energy consumption due to major developments, including:
Panasonic’s EV Battery Plant in De Soto, KS: This facility contributes to increased energy demand in the area.
Ford’s EV Battery Plant in Liberty, MO: Similarly, this plant adds to the regional energy consumption.
Data Centers by Google, Meta (Facebook), and Amazon: These tech giants have established data centers that require substantial electricity to operate.
Tesla Supercharger Stations and Increased EV Adoption: The growing number of electric vehicles and corresponding charging infrastructure further strain the power grid.
These developments have led to energy demand outpacing local production, necessitating that Evergy purchase additional power from other utilities at market prices, a cost ultimately passed on to consumers. reuters.com
Investments in New Power Generation
To address the rising demand, Evergy plans to construct two 705-megawatt natural gas power plants in Kansas, each requiring over $1 billion in investment. These plants are expected to be operational by 2029 and 2030, respectively. While these projects aim to enhance local power generation, the substantial costs are a factor in the rate increases. reuters.com
Inflation and Rising Energy Costs Since 2008
Since 2008, electricity rates have increased significantly, often outpacing general inflation rates. This trend reflects the growing costs associated with energy production, infrastructure maintenance, and other operational expenses.
Implementation of Time-of-Use (TOU) Pricing
In 2023, Evergy introduced TOU pricing, which charges higher rates during peak demand hours (4 PM – 8 PM). This structure encourages consumers to shift their energy usage to off-peak times to reduce strain on the grid. However, customers who cannot adjust their usage patterns may experience higher bills due to elevated rates during peak periods. evergy.com
Allocation of Increased Revenue
While specific allocations of the additional revenue from rate increases are not fully detailed, Evergy has indicated that the funds will support infrastructure improvements, generation capacity expansion, and grid modernization efforts. These initiatives are designed to enhance service reliability and meet the growing energy demands of the region. newsroom.evergy.com
These factors collectively contribute to Evergy's decision to raise rates, aiming to ensure a reliable power supply and accommodate the evolving energy landscape.
Kansas Customers Beware: You’re Next
Missouri has taken the brunt of the rate increases first, but Kansas isn’t far behind.
So why haven’t Evergy rates gone up in Kansas yet?
Kansas regulators (Kansas Corporation Commission) have pushed back on major increases due to public pressure. Docket Number:23-EKCE-775-RTS shows a case for increase that was opened 4/25/2023
Discriminatory pricing issues have delayed rate hikes—certain industries (like schools) have fought against excessive costs.
Kansas operates under slightly different utility regulations, which has slowed down approval for higher rates.
But make no mistake—Kansas residents are next in line. Evergy has already announced two new 705 MW natural gas plants planned for Kansas, and those costs will be passed on to Kansas homeowners.
So how long can Kansas hold out? With Missouri's rates climbing, Kansas will likely see major hikes within the next 1–2 years. You can see the Kansas corperation Commission business meeting here: https://www.youtube.com/watch?v=h3oEhTZdtbs Where you can see that the utility “In its Application, Evergy sought a net revenue increase of $204 million (9.77% increase) for Evergy Kansas Central (formerly Westar) and a net revenue increase of $14 million (1.95% increase) for Evergy Kansas Metro (formerly KCP&L).
Though Evergy's rate increases have predominantly affected Missouri customers, Kansas residents should be prepared for potential hikes in the near future. Several factors have contributed to the delayed rate increases in Kansas:
Regulatory Intervention by the Kansas Corporation Commission (KCC):
In response to Evergy's request for a $204 million rate increase in its Kansas Central region, the KCC staff conducted a thorough financial audit and recommended a significantly lower increase of $34.7 million (1.66%). For the Kansas Metro region, the staff suggested a 7.32% rate decrease, opposing Evergy's proposed 1.95% increase.
This intervention reflects the KCC's commitment to ensuring that rate adjustments are justified and in the public interest.
Public Opposition and Advocacy:
Public hearings and comments have played a crucial role in influencing rate decisions. The KCC received nearly 4,000 public comments regarding Evergy's rate increase proposal, indicating significant consumer concern. kcc.ks.gov
Organizations like the Citizens' Utility Ratepayer Board (CURB) have actively participated in the rate case, advocating for fair rates and representing consumer interests. curb.kansas.gov
Unique Regulatory Framework in Kansas:
Kansas operates under specific utility regulations that require comprehensive reviews and justifications for rate increases, contributing to a more deliberate and slower approval process.
Despite these factors delaying rate increases, Kansas customers should remain vigilant. Evergy has announced plans to construct two 705-megawatt natural gas power plants in Kansas, each requiring over $1 billion in investment. These facilities are expected to be operational by 2029 and 2030, respectively. Once these plants are in service, Evergy plans to recover the associated costs through electricity rates, which could lead to significant rate increases for Kansas customers.
Given these developments, it's plausible that Kansas residents may experience notable rate hikes within the next few years as Evergy seeks to recover its substantial infrastructure investments.
Homeowners: What Can You Do to Control Your Energy Costs?
With rates on the rise, homeowners have options to take back control of their energy bills.
1. Shift Usage Away from Peak Hours
If you’re on a TOU plan, run major appliances (washer, dryer, dishwasher) in the morning or late at night to avoid peak charges.
2. Upgrade to Energy-Efficient Appliances
Switching to ENERGY STAR-rated appliances can significantly reduce your overall electricity consumption.
3. Improve Home Insulation
Good insulation helps keep your home cool in the summer and warm in the winter, reducing your reliance on heating and cooling.
4. Install a Smart Thermostat
Devices like the Google Nest or Ecobee can help optimize your heating and cooling, reducing unnecessary energy use.
5. Consider Net Metering and Solar Energy
Evergy offers Net Metering, which allows homeowners with solar panels to sell excess energy back to the grid for credits.
This can help offset rising energy costs, reduce dependence on the utility company, and lock in predictable energy savings for years to come.
Why Going Solar Can Protect You from Rate Hikes
One of the best ways to protect yourself from never-ending rate increases is by switching to solar energy.
With solar:
✅ You control your energy production
✅ You protect yourself from future rate hikes
✅ You replace an ever-growing utility bill with a fixed investment
✅ You may qualify for tax incentives and rebatesUnlike a utility bill that never goes away and only gets more expensive, a solar system can be paid off—awarding homeowners a slice of financial freedom.
Find Out How Much You Can Save
Get a free quote today and take control of your energy costs before the next rate hike hits.
Empowering Homeowners: Steps to Manage Energy Usage
Homeowners can take proactive measures to mitigate the impact of rising energy costs:
Upgrade to Energy-Efficient Appliances: Investing in appliances with high energy-efficiency ratings can significantly reduce electricity consumption.
Implement Smart Thermostats: Smart thermostats optimize heating and cooling schedules, leading to energy savings.
Enhance Home Insulation: Proper insulation minimizes heat loss in winter and keeps homes cooler in summer, reducing HVAC system strain.
Adopt Energy-Efficient Lighting: Replacing traditional bulbs with LED lighting decreases energy usage.
Conduct Regular Maintenance: Ensuring HVAC systems and appliances are well-maintained improves efficiency and longevity.
Consider Renewable Energy Solutions: Installing solar panels can offset electricity costs and provide long-term savings.
Evergy's Net Metering Program and Green Initiatives
Evergy offers a Net Metering Program that allows customers who generate their own electricity from renewable sources, like solar panels, to receive credits on their energy bills for excess power fed back into the grid. This initiative supports the adoption of renewable energy and provides financial incentives for homeowners.
Additionally, Evergy is investing in modernizing the power grid to improve reliability and support the integration of renewable energy sources. These efforts align with broader environmental goals and demonstrate a commitment to sustainable energy practices.
Employee Compensation and Financial Implications
As Evergy undertakes significant infrastructure projects and navigates the evolving energy landscape, the role of its employees is crucial. Recognizing their contributions through appropriate compensation is essential. However, the exact financial impact of the recent rate increase on the company's revenue and employee compensation packages would require detailed financial analysis beyond the available information.
Exploring Solar Energy: A Path to Financial Freedom
For homeowners considering alternatives, solar energy presents a compelling option. By installing solar panels, homeowners can reduce their dependence on the grid, protect themselves from future rate increases, and work towards energy independence. Unlike traditional utility bills that persist indefinitely and are subject to escalation, investing in solar allows for a finite payment period, after which the energy generated is essentially cost-free. This shift not only offers potential savings but also provides a sense of financial freedom.
To understand the potential benefits and savings, homeowners are encouraged to seek personalized assessments and obtain free quotes from reputable solar providers.
In conclusion, while Evergy's rate increases reflect necessary investments in infrastructure and capacity, homeowners have several avenues to manage their energy consumption and explore alternative solutions like solar power to mitigate rising costs.
Here's an improved and expanded version of your article, combining the best parts of both drafts, with a more engaging title, a clear breakdown of why Evergy is raising rates, and a cautionary note for Kansas residents.
Why Are Evergy Rates Rising? How Missouri Homeowners Are Feeling the Pinch—And Why Kansas Could Be Next
If you’re an Evergy customer, you’ve likely noticed your electric bill climbing this year. Evergy’s recent rate increase went into effect in January 2024, and for many homeowners in Missouri, the impact has been severe.
While Evergy originally framed the increase as an average of $8 per month, the reality is much harsher. For households with a $250 monthly electric bill, that translates to a $30–$40 hike every month. This 13.42% rate increase is one of the most aggressive in the nation. And it’s coming after the rollout of Time-of-Use (TOU) rates, making electricity even more expensive during peak hours.
But why is this happening? And what does it mean for homeowners in Kansas, where rate increases have been delayed—but likely not for much longer?
Let’s break down the reasons behind these rate hikes, how homeowners can fight back, and what to expect in Kansas.
Why Is Evergy Raising Rates?
Evergy, which formed after the 2018 merger of Kansas City Power & Light (KCP&L) and Westar Energy, has cited several major reasons for the price increases.
1. Record-Breaking Energy Demand from EVs and Tech Giants
Missouri is experiencing a massive surge in energy consumption. Several major developments in the region have put an unprecedented strain on the grid:
Panasonic’s EV battery plant in De Soto, KS
Ford’s EV battery plant in Liberty, MO
Google, Meta (Facebook), and Amazon data centers
Tesla Supercharger stations and increased electric vehicle (EV) adoption
These industries require enormous amounts of electricity. The demand has outpaced local energy production, forcing Evergy to buy power from other utility companies—at a premium.
2. Evergy Needs to Buy More Power—But Where Will It Come From?
Missouri and Kansas don’t have enough local power generation to meet this rising demand. That means Evergy has to purchase electricity from other power companies.
Unfortunately, we can’t just sell our excess wind power to Florida Power & Light and call it even. Instead, Evergy has to buy electricity at market prices, and that cost is passed directly to customers.
To meet growing demand, Evergy is now investing in new natural gas power plants—but those projects cost billions and won’t be online for years. In the meantime, customers are footing the bill.
3. Inflation and Energy Costs Have Been Rising Since 2008
Evergy isn’t wrong when they say that the cost of delivering electricity has skyrocketed. Since 2008, electric rates have increased by an average of 6.5% per year, far outpacing general inflation.
This means the cost of electricity has doubled in the last 15 years, and unless something changes, it’s expected to keep climbing.
4. The TOU Pricing Model Is Driving Up Bills
In 2023, Evergy rolled out Time-of-Use (TOU) pricing, which charges customers higher rates during peak demand hours (4 PM – 8 PM).
This means that even if your usage hasn’t changed, your bill may still be higher than expected because of TOU penalties.
5. Evergy Employees Deserve a Raise—But How Much Is This Increase Bringing In?
Evergy has a monopoly on energy delivery in its service areas, which means customers don’t have a choice when rates go up.
That said, Evergy employees deserve to be paid fairly. But how much of this increase is actually going toward employee wages—and how much is being used to cover infrastructure projects and shareholder dividends?
Evergy has not provided clear breakdowns of where these additional revenues are going.
Kansas Customers Beware: You’re Next
Missouri has taken the brunt of the rate increases first, but Kansas isn’t far behind.
So why haven’t Evergy rates gone up in Kansas yet?
Kansas regulators (Kansas Corporation Commission) have pushed back on major increases due to public pressure.
Discriminatory pricing issues have delayed rate hikes—certain industries (like schools) have fought against excessive costs.
Kansas operates under slightly different utility regulations, which has slowed down approval for higher rates.
But make no mistake—Kansas residents are next in line. Evergy has already announced two new 705 MW natural gas plants planned for Kansas, and those costs will be passed on to Kansas homeowners.
So how long can Kansas hold out? With Missouri's rates climbing, Kansas will likely see major hikes within the next 1–2 years.
Homeowners: What Can You Do to Control Your Energy Costs?
With rates on the rise, homeowners have options to take back control of their energy bills.
1. Shift Usage Away from Peak Hours
If you’re on a TOU plan, run major appliances (washer, dryer, dishwasher) in the morning or late at night to avoid peak charges.
2. Upgrade to Energy-Efficient Appliances
Switching to ENERGY STAR-rated appliances can significantly reduce your overall electricity consumption.
3. Improve Home Insulation
Good insulation helps keep your home cool in the summer and warm in the winter, reducing your reliance on heating and cooling.
4. Install a Smart Thermostat
Devices like the Google Nest or Ecobee can help optimize your heating and cooling, reducing unnecessary energy use.
5. Consider Net Metering and Solar Energy
Evergy offers Net Metering, which allows homeowners with solar panels to sell excess energy back to the grid for credits.
This can help offset rising energy costs, reduce dependence on the utility company, and lock in predictable energy savings for years to come.
Why Going Solar Can Protect You from Rate Hikes
One of the best ways to protect yourself from never-ending rate increases is by switching to solar energy.
With solar:
✅ You control your energy production
✅ You protect yourself from future rate hikes
✅ You replace an ever-growing utility bill with a fixed investment
✅ You may qualify for tax incentives and rebatesUnlike a utility bill that never goes away and only gets more expensive, a solar system can be paid off—awarding homeowners a slice of financial freedom.
Find Out How Much You Can Save
Get a free quote today and take control of your energy costs before the next rate hike hits.
Conclusion: Evergy’s Rate Hikes Are Here—And More Are Coming
While Evergy isn’t a villain, the reality is that homeowners are feeling the pinch from these aggressive rate increases.
Missouri homeowners have already been hit, and Kansas is next.
But homeowners do have choices—by taking steps to reduce energy usage and explore solar, you can avoid the worst of these increases and secure predictable, long-term savings.
Interested in learning more about how solar can protect you from rising energy costs? Get a free consultation today.
