Printer Friendly
Email to a Friend
Executive Bonuses' Factor in Ks Gas Rate Case
WICHITA, Kan. (AP) - Kansas Gas Services' request to increase rates by $32 million a year would include about $8 million in executive bonuses.
The gas company says the bonuses allow it to hire the executives whose expertise in running the company is good for shareholders and ratepayers.
But a consumer watch group is arguing that the bonuses encourage executives to concentrate on profits, rather than efficiency and customer service.
The Kansas Corporation Commission is scheduled to take technical testimony on the rate increase starting Nov. 7 in Topeka.
The Wichita Eagle reports the commission staff is recommending that the company get a $3.6 million increase. The consumer watchdog group is recommending a slight cut in the Kansas Gas rates.
© Associated Press
MOST VIEWED STORIES
Three former Atchison Co employees arrested on felonies
Effingham woman killed Friday in Atchison wreck
One hospitalized, one jailed, after Atchison attack
Atchison man involved in fatal NW MO crash
Rural Horton man arrested on multiple drug charges
Services set for Effingham woman killed in crash
Street lights to be discussed at Monday city meeting
Meteorologist Spencer: Geometric Watch means electronic disruptions
Two file to challenge local legislator
Barricaded fugitive arrested in Jackson County
USD 430 Board accepts resignations, approves new hires
U.S. 36 work in Doniphan Co to impact motorists
Fatal Atchison apt fire investigation continues
Results from SE Nebraska contested Primary Elections
Truck fire at CGB facility in Falls City
Flags to fly half staff Wednesday across KS
BC's Pate remembered by students, college family
LATEST STORIES
Nemaha NRD Board appoints new Director
Johnson-Brock Board approves personnel changes
KS Omnibus Budget signed; funds mental health, economy, others
Pawnee City School to move forward with strategic planning
Falls City High School parking lot project approved
Annual fire hydrant flushing underway in Falls City
Memorial Day enforcement hits KS roads
Plastic ducks set to race in Atchison Saturday
Hiawatha, Ks 66434