Great Plains Energy

The public submitted more than 100 comments to Kansas regulators about the proposed merger of Great Plains Energy and Westar Energy. Almost all of them were negative.

Kansas News Service/File photo

Executives pushing the merger of the two largest utility companies in Kansas have told regulators they’ll give in on some customer bill protection and job guarantees.

But the leaders at Great Plains Energy and Westar Energy say promising a five-year moratorium on rate hikes could leave the new, larger company unable to keep step in a fast-changing industry.

Brian Grimmett

A proposed merger between two of Kansas’ biggest electric utilities drew little criticism, or praise, during a public hearing Monday night in Topeka.

www.westarenergyblog.com

The only public hearing on the proposed merger between Westar Energy and Great Plains Energy will take place next Monday in Topeka.

www.westarenergyblog.com

The CEO of Westar says the utility and Great Plains Energy will file their new merger plan with Kansas regulators later this month.

CEO Mark Ruelle says meetings will be scheduled later this year for a shareholder vote on the proposal.

Ruelle updated investors yesterday [Wednesday] on the second plan to combine the utilities. The Kansas Corporation Commission rejected a proposal in April for the $12.2 billion sale of Westar to Great Plains.

Ruelle says paperwork will be filed with state and federal entities by the end of August.

www.westarenergyblog.com

Kansas’ largest electric utility, Westar Energy, is proposing a merger with Great Plains Energy to create a new company worth about $14 billion.

The deal comes less than three months after a Kansas regulatory agency rejected the original plan to have Great Plains buy Westar.

The new company headquarters would be in Kansas City, Missouri. Westar’s presence and about 500 employees would remain in Topeka as one of two operating headquarters. The other will be in Kansas City, Mo.

wikipedia.org

Kansas regulators are threatening to halt the $12.2 billion sale of Topeka-based Westar Energy to Great Plains Energy if they don't get details on cost savings and other information.

Kansas Corporation Commission took no action at a meeting Tuesday. But an order warned that if merger standards aren't met, possible action could include a request for dismissal of the merger application, The Topeka Capital-Journal reported.