Westar Energy - History

History

In 1909, The American Power & Light Company organized Kansas Gas and Electric Company to operate utilities in Wichita, Pittsburg and Frontenac. KG&E grew rapidly. At the end of 1910, it served three communities and 5,525 customers. By 1925, service extended to 50 communities and 48,773 customers. At one time, KG&E also provided natural gas to Hutchinson, Newton, Pittsburg and Wichita.

With financial backing from Illinois Power and Light Corporation, The Kansas Power and Light Company was founded in 1924 in Tecumseh. Transmission lines ran to Topeka and Atchison. The company immediately began acquiring customers and the assets of area electric and natural gas utilities. In 1983, KPL acquired The Gas Service Company and rights to serve its one million natural gas customers in Kansas] Missouri, Nebraska and Oklahoma.

In 1992, KPL merged with KG&E to become Western Resources. It served 560,000 electric customers and 1.06 million natural gas customers in three states. In 1996, an agreement gave Tulsa, Oklahoma-based ONEOK, Inc. ownership of Western Resources’ natural gas business. In return, Western Resources received approximately 45 percent ownership in ONEOK. This investment was sold in 2002 and 2003 as part of the company's renewed focus on being a pure electric utility.

In 2002, Western Resources shareholders approved changing the company’s name to Westar Energy.

Read more about this topic:  Westar Energy

Famous quotes containing the word history:

    The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.
    Gilbert Keith Chesterton (1874–1936)

    Indeed, the Englishman’s history of New England commences only when it ceases to be New France.
    Henry David Thoreau (1817–1862)

    Jesus Christ belonged to the true race of the prophets. He saw with an open eye the mystery of the soul. Drawn by its severe harmony, ravished with its beauty, he lived in it, and had his being there. Alone in all history he estimated the greatness of man.
    Ralph Waldo Emerson (1803–1882)