The Average Payment Plan can help reduce your high bills in summer and winter and make it easier to manage your monthly bill. The plan allows you to pay a monthly bill on the average cost of your most recent 12-month period. The amount due may vary slightly month to month but if you were signed up for Average Payment, your bill for this month would have only been Label and then every bill in the coming months would be close to that same amount. It’s not too late to sign up for your Label bill.
For more information about the Average Pay Program and how it can help reduce high bill surprises, visit our Average Payment Plan page
Topeka, Kan., June 20, 2016 – Westar Energy’s green energy commitment grew stronger as it announced its first offering of “green bonds” to support additional renewable energy projects.
Green bonds are an emerging investment asset class that tie the proceeds of a bond issue to environmentally friendly projects. In this instance, the green bond proceeds will be used to invest in wind energy projects, primarily the construction of the Western Plains Wind Farm.
As previously announced, Westar and Infinity Wind Power will construct the Western Plains Wind Farm, a 280-megawatt wind farm in Ford County, Kan., which will bring Westar’s renewable energy commitment to more than 1,700 megawatts. The farm should be operational by early 2017.
“Green bonds provide another opportunity for investment in renewable energy in Kansas,” said Gov. Sam Brownback. “These bonds support eligible green projects in the state and support corporate sustainability goals.”
“As we continue to diversify the way we produce energy, it makes sense for us to offer a green bond so investors can diversify their portfolios,” Tony Somma, Westar Energy chief financial officer, said regarding the offering announced June 13.
During the past few years, investors’ interest in green bonds has grown as a way to channel private sector financing toward climate-friendly projects. Green bonds are a positive, innovative development that help finance the ongoing addition of low-carbon energy sources.
Westar Energy has been growing its Kansas wind generation program for nearly a decade, making Kansas one of the top states in the nation for wind energy production. By early 2017, wind generation will power more than 400,000 homes and businesses served by Westar.
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Westar Energy, Inc. (NYSE: WR) is Kansas' largest electric utility. For more than a century, we have provided Kansans the safe, reliable electricity needed to power their businesses and homes. Every day our team of professionals takes on projects to generate and deliver electricity, protect the environment and provide excellent service to our nearly 700,000 customers. Westar has 7,200 MW of electric generation capacity fueled by coal, uranium, natural gas, wind, sun and landfill gas. We are also a leader in electric transmission in Kansas. Our innovative customer service programs include mobile-enabled customer care, expanding use of smart meters and paving the way for electric vehicle adoption. Our employees live, volunteer and work in the communities we serve.
For more information about Westar Energy, visit us on the Internet at http://www.WestarEnergy.com. Westar Energy is on Facebook: www.Facebook.com/yourwestar and Twitter: www.Twitter.com/WestarEnergy.
Manager, Media Relations
Media line: 888-613-0003