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Evergy, Inc. is a public utility holding company that operates through its subsidiaries: Evergy Kansas Central, Evergy Metro, and Evergy Missouri West. The company provides electricity to approximately 1.7 million customers in Kansas and Missouri, engaging in the generation, transmission, distribution, and sale of electricity . Evergy's diverse generation portfolio includes emissions-free nuclear and wind resources, as well as dispatchable fossil generation, which helps meet peak customer demand and protect customers from inflationary bill shocks . The company also participates in limited non-regulated energy marketing activities, such as trading electricity and natural gas .
- Regulated Electric Operations - Provides integrated electric utility services, including the generation, transmission, distribution, and sale of electricity to customers in Kansas and Missouri.
- Non-Regulated Energy Marketing - Engages in trading electricity and natural gas, offering limited energy marketing activities beyond regulated operations.
- Given the significant increase in your 5-year capital expenditure plan to $16.2 billion, how do you plan to manage the required equity financing without diluting existing shareholders, and can you provide more details on your "flexible approach to equity financing"?
- With your EPS growth outlook heavily reliant on the ramp-up of large customers like Panasonic, Meta, and Google, what contingencies are in place if these customers delay or scale back their operations, and how might that impact your growth projections?
- Considering the capacity constraints and supply chain challenges mentioned, what specific steps are you taking to ensure timely procurement of equipment for your new generation projects, and are you willing to commit capital ahead of regulatory approvals to mitigate potential delays?
- You noted that a significant portion of your Integrated Resource Plan is not yet included in your capital plan, including future combined cycle gas turbines and combustion turbines; can you elaborate on the timing and likelihood of these projects being added, and how they would influence your earnings growth and capital requirements?
- As you plan more frequent rate case filings approximately every 18 months, how will you balance this with your commitment to affordability and rate competitiveness, especially given the substantial investments and potential rate increases for customers?