Electric rate reduction considered for large industrial users

Some industrial electrical users in Independence  may get a significant rate reductions.

The Independence City Council is approved a rate reduction - the first in several years - to help retain and attract large industrial users.

The rate reduction is prompted, in part, to retain Unilever - the city's largest industrial customer - which announced plans to expand its Independence manufacturing plant.

Independence Power & Light (IPL) currently has some of the highest electrical rates in the region for all classes - residential, commercial and industrial.

New customers that meet annual load factor requirements are eligible for a discount on their electric bills:   year 1 (35% discount); year 2 (30% discount); year 3 (25% discount); year 4 (20% discount); and year 5 (10% discount).  The discount ends after year five.