Kirkwood’s Electric Dept in Crisis | St. Louis News

Kirkwood’s electric department, once a city cash cow, now hemorrhages $15.6 million — forcing a 15% rate hike and triggering a credit downgrade. After 20 years, the utility director’s exit coincides with a two-year spending spree fueled by rushed grid upgrades, drained reserves, and shattered oversight. City council missed key reports during a chaotic software transition, while internal docs reveal procurement rules were ignored — sparking calls for a $150K–$350K forensic audit. With mounting debts and rising costs, officials eye utility sales to survive. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e8d8a9d5e764fa14