View:
As filed with the Securities and Exchange Commission May 14, 2001

                                                               File No. 70-9861


                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                              AMENDMENT NO. 2
                                     TO
                                  FORM U-1
                          APPLICATION/DECLARATION
                                 UNDER THE
                 PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
                    -----------------------------------

                      Great Plains Energy Incorporated
                     Kansas City Power & Light Company
                      Great Plains Power, Incorporated
                        KCPL Receivable Corporation
                             1201 Walnut Street
                        Kansas City, Missouri 64106

                                  KLT Inc.
                        10740 Nall Street, Suite 230
                        Overland Park, Kansas 66211

         (Names of companies filing this statement and addresses of
                       principal executive offices)
                    -----------------------------------

                     Great Plains Energy Incorporated*

 (Name of top registered holding company parent of each applicant or declarant)
                    -----------------------------------

                            Bernard J. Beaudoin
                          Chief Executive Officer
                      Great Plains Energy Incorporated
                             1201 Walnut Street
                        Kansas City, Missouri 64106
                    -----------------------------------

          The Commission is requested to mail copies of all orders, notices
and other communications to:

    William G. Riggins, Esq.                    Nancy A. Lieberman, Esq.
    General Counsel                             W. Mason Emnett, Esq.
    Kansas City Power & Light Company           William C. Weeden
    1201 Walnut Street                          Skadden, Arps, Slate,
    Kansas City, Missouri  64106                   Meagher & Flom LLP
                                                1440 New York Avenue, N.W.
                                                Washington, D.C. 20008


         *Great Plains Energy Incorporated will register as a public
          utility holding company upon completion of the reorganization
          described in Item 1 of this Application/Declaration.


                  Kansas City Power & Light Company, a Missouri corporation
("KCPL"), and the other KCPL subsidiaries identified on the signature page
hereby amend their Application/Declaration on Form U-1 in File No. 70-9861
as follows:

1.       By amending and restating footnote 2 in Item 1.A.1 as follows:

         Under Section 2(a)(29)(A) of the Act, an integrated electric
         utility system is defined to mean:

                  a system consisting of one or more units of generating
                  plants and/or transmission lines and/or distributing
                  facilities, whose utility assets, whether owned by one or
                  more electric utility companies, are physically
                  interconnected or capable of physical interconnection and
                  which under normal conditions may be economically
                  operated as a single interconnected and coordinated
                  system confined in its operations to a single area or
                  region, in one or more States, not so large as to impair
                  (considering the state of the art and the area or region
                  affected) the advantages of localized management,
                  efficient operation, and the effectiveness of regulation
                  . . . .


2.       By amending and restating the seventh paragraph in Item 1.A.1 as
         follows:

                           In addition, KCPL holds contracts for delivery
         of five combustion turbines. Following the Reorganization, KCPL
         may transfer these contracts to Great Plains Power, an exempt
         wholesale generator ("EWG") affiliate described below. In the
         alternative, KCPL may transfer these contracts to nonaffiliated
         parties that, in turn, would lease the delivered turbines to KCPL
         or Great Plains Power for use in Great Plains Power's EWGs.


3.       By amending and restating the first paragraph in Item 1.A.2 as
         follows:

                           In addition to its regulated utility operations,
         KCPL wholly- owns the following Nonutility Subsidiaries:4 WYMO
         Fuels, Inc., a Missouri corporation ("WYMO"); Home Service
         Solutions, Inc., a Missouri corporation ("Home Service"); KCPL
         Receivable Corporation, a Delaware corporation ("KCPL
         Receivable"); KLT Inc., a Missouri corporation ("KLT"); and Great
         Plains Power, Incorporated, Missouri corporation ("Great Plains
         Power").5 During the Reorganization, KCPL will dividend up to
         Great Plains Energy its interests in KLT and Great Plains Power,
         which will become wholly-owned subsidiaries of Great Plains
         Energy. KCPL Receivable, WYMO, and Home Service will remain
         wholly-owned subsidiaries of KCPL or become direct or indirect
         subsidiaries of Great Plains Energy, unless they are disposed of
         or otherwise dissolved. To the extent required, KCPL requests the
         Commission determine that all of the direct and indirect
         Nonutility Subsidiaries described herein are retainable under the
         standards of Section 11(b)(1) of the Act.


                                 SIGNATURES

                  Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned Applicants have duly caused
this Amendment No. 2 to their Application/Declaration on Form U-1 to be
signed on their behalf by the undersigned thereunto duly authorized.

GREAT PLAINS ENERGY INCORPORATED
1201 Walnut Street
Kansas City, Missouri 64106

  /s/    Bernard J. Beaudoin                            Date:    May 14, 2001
- -----------------------------
Name:    Bernard J. Beaudoin
Title:   Chief Executive Officer


KANSAS CITY POWER AND LIGHT COMPANY 1201 Walnut Street Kansas City,
Missouri 64106

  /s/    Bernard J. Beaudoin                            Date:    May 14, 2001
- -----------------------------
Name:    Bernard J. Beaudoin
Title:   President and
         Chief Executive Officer


KLT INC.
10740 Nall Street, Suite 230
Overland Park, Kansas 66211

  /s/    Gregory J. Orman                               Date:    May 14, 2001
- ------------------------------
Name:    Gregory J. Orman
Title:   President and CEO


GREAT PLAINS POWER, INCORPORATED
1201 Walnut Street
Kansas City, Missouri 64106

  /s/    Stephen T. Easley                              Date:    May 14, 2001
- ------------------------------
Name:    Stephen T. Easley
Title:   Vice President


KCPL RECEIVABLE CORPORATION
1201 Walnut Street
Kansas City, Missouri 64106

  /s/    Andrea F. Bielsker                             Date:    May 14, 2001
- ---------------------------------
Name:    Andrea F. Bielsker
Title:   President