What is the rate structure for residential customers?

Great Plains Energy offers a rate structure for residential customers that generally includes different pricing plans designed to meet various customer needs and preferences. While specific rates and options may vary by location and fluctuate over time, residential customers typically have access to a standard variable rate, as well as potential fixed-rate options. The basic residential rate is primarily determined by the amount of electricity consumed during a billing period, calculated in kilowatt-hours. This means that the more electricity a residential customer uses, the higher the charges on their electricity bill will be. Additionally, there may be demand charges, which are based on the maximum amount of electricity used during a specific time frame, especially during peak demand hours. Great Plains Energy may also offer different pricing programs that can be beneficial for individuals who may want to save on their energy bills. For instance, time-of-use rates, which charge different rates based on the time of day, can help customers save if they shift their usage to off-peak hours when electricity is less expensive. Furthermore, they might have incentive programs focusing on energy efficiency or renewable energy options, which can lead to lower utility costs. For precise and current rate information, it is advisable for customers to visit Great Plains Energy's official website. This will provide detailed insights into the available rate plans and any updates or changes to the rate structure.