(MSC News)--Cost savings are expected for customers of Westar Energy.

That word comes in a press release issued Monday by the company.

The statement, citing Westar's submission of a $27 million rate reduction with the Kansas Corporation Commission, says the average household will save $1.20 each month.

The submission was filed Friday.

Westar says the savings is due to an update of the property tax surcharge, meaning the amount of property tax that is more or less what was estimated and included in customers' base rates.

The updated price is expected to begin next month.