Merger and Tax Credits
How has Evergy benefited customers?
Our promises
Evergy committed to multiple benefits as a new company. And we continue to keep our promises.
- Customers received bill credits beginning in December of 2018
- Rate case reviews completed in 2018 reduced customer prices
- Savings and efficiencies are on track with expected levels
- Evergy has made an additional $3.5 million in investments to support key community development projects in Topeka, Wichita and Pittsburg
- No involuntary layoffs as a result of the merger
Merger credits
Customers have received more than $100 million in merger credits since 2018.
Kansas Central
- $23.06 million up-front credit (2018)
- $8.65 million per year (2019-2022) in annual merger credits
Kansas Metro
- $7.5 million up-front credit (2018)
- $2.8 million per year (2019-2022) in annual merger credits
- $5.5 million final merger credit in 2023
Missouri West
- $14.2 million up-front credit (2018)
Missouri Metro
- $14.9 million up-front credit (2018)
September 2018
| Customers | Credit Type | Credit | Avg. Residential Credit |
|---|---|---|---|
| Missouri Metro** | Up-front merger | $14.9 million | $20.29 |
| Missouri West | Up-front merger | $14.2 million | $23.38 |
December 2018
| Customers | Credit Type | Credit | Avg. Residential Credit |
|---|---|---|---|
| Kansas Central | Up-front merger | $23.06 million | $16.51 |
| Kansas Central | Tax cut | $50.02 million | $35.82 |
February 2019
| Customers | Credit Type | Credit | Avg. Residential Credit |
|---|---|---|---|
| Missouri West | Tax Cut | $29.3 million | $49.32 |
| Kansas Metro | Up-front merger | $7.5 million | $16.89 |
| Kansas Metro | Tax cut | $36.3 million | $81.61 |
Annual merger credits
| Customers | Credit Type | Credit | Avg. Residential Credit |
|---|---|---|---|
| Kansas Central (2019-2022) | Annual merger | $8.65 million per year | $6.19 |
| Kansas Metro (2019-2022) | Annual merger | $2.8 million per year | $6.34 |
| Kansas Metro (2023) | Annual merger | $5.5 million | $11.88 |
*Approximate amount will vary based on taxes and/or franchise fees.
**Missouri Metro customers won't receive a tax credit due to related amounts that were included in reduced base rates.
Learn more about our rate-making process, our rate history or take a look at your rate choices.
Tax credits
| Customers | Credit Type | Credit | Avg. Residential Credit |
|---|---|---|---|
| Kansas Central | Tax Credit | 1/1/2021$5.4M | $4.08 |
| 1/1/2022$10.8M | $8.16 | ||
| 1/1/2023$5.4M | $4.08 |
*Approximate amount will vary based on taxes and/or franchise fees.
**Missouri Metro customers won't receive a tax credit due to related amounts that were included in reduced base rates.
Learn more about our rate-making process, our rate history or take a look at your rate choices.
