Rate Increase Wars:The KCC – Can a 3-Member Utility Commission Honestly Represent 3 Million Kansans?
The KCC – Can a 3-Member Utility Commission Honestly Represent 3 Million Kansans?
The rate wars begin and you are the loser !
As Evergy is continuing to request increases in rates, is the public aware of how their current budget is being spent? Do they know that the Evergy CEO was compensated over $6.8 MILLION in 2022, Board of Director salaries averaged over $333,000, and stockholders received over $534 MILLION in total dividends paid?
Are they aware that executives are rewarded for implementing the global ESG plan, including Evergy’s adherence to the UN 2030 Agenda for Sustainable Development, or that Evergy spends countless hours and dollars in lobbying and campaign donations?
Has the public read Evergy’s company policies that govern their practices? Most likely not.
Below are 5 areas of concern with Evergy’s current business practices that should make anyone, including Kansas legislators, question if the utility monopoly model is still an appropriate method or if it is becoming a method of forcing the public to pay for failing systems that are making executives and investors rich; while leaving the tab with those struggling just to pursue life, liberty, and happiness. Perhaps it is time for another approach to be explored.
This is part 5 of a 5-part Series to address the major concerns in the following categories that are affecting customer rates and the future of our monopolistic public utility.
Hefty Dividend Payments to Shareholders
ESG & “Renewable” Programs
Executive Salaries
Lobbying & Campaign Contributions
KCC and CURB
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