Ruling Saves Westar Millions
Associated Press - June 30, 2015 7:02 am
The proposed $12.2 billion merger of Kansas-based Westar Energy with Missouri-based Kansas City Power & Light could be at the mercy of Missouri utility regulators whose staff has recommended the deal be rejected.
Westar Energy says a U.S. Supreme Court’s ruling on toxic emissions at power plants could save the company millions.
The Supreme Court ruled Monday that the Obama administration should have considered potential costs when it issued rules regulating toxic emissions from power plants.
Westar spokesman Brad Loveless says the utility already spent $16 million to bring its four coal-powered plants in Kansas into compliance with the Environmental Protection Agency’s mercury-reduction rules. The ruling delayed implementation of the regulations, although they are in force while a lower court reconsiders the issue.
The court decision will, for now, save the utility $8 million on the project, plus another $5 million a year for supplies. The utility will take no further action until the rules are clarified.
Associated Press information from: The Wichita Eagle