Evergy Kansas Central Inc. - S&P Global Ratings’ Credit Research

Evergy Kansas Central Inc.

Evergy Kansas Central Inc. - S&P Global Ratings’ Credit Research
Evergy Kansas Central Inc.
Published Dec 14, 2023
10 pages (3607 words) — Published Dec 14, 2023
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Overview Key strengths Key risks Fully regulated, vertically integrated electric utility. Fossil-based generation fleet exposes it to operating risks. More than 85% of customer base is residential, which supports cashflow stability. Limited geographic and regulatory diversity due to operations in only one state. Industrial customer exposure increases revenue dependence on its service territory?s economic performance. . The utility filed a rate case with the Kansas Corporation Commission (KCC) for a $204 million net rate increase. In September 2023, a unanimous settlement was filed that included a $74 million rate increase, which the KCC subsequently adopted (with new rates effective Dec. 21, 2023). The final rate increase was below our base-case assumption. As part of the KCC-adopted settlement, EKC can file

  
Brief Excerpt:

...Evergy Kansas Central Inc.'s (EKC) rate-case outcome will weaken its financial measures. The utility filed a rate case with the Kansas Corporation Commission (KCC) for a $204 million net rate increase. In September 2023, a unanimous settlement was filed that included a $74 million rate increase, which the KCC subsequently adopted (with new rates effective Dec. 21, 2023). The final rate increase was below our base-case assumption. As part of the KCC-adopted settlement, EKC can file an abbreviated rate case in 2024 for its spending on new renewable generation...

  
Report Type:

Full Report

Ticker
WR
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

Evergy Kansas Central Inc. – 2024/12/16 – US$ 500.00

Evergy Kansas Central Inc. – 2025/12/02 – US$ 500.00

Tear Sheet: Evergy Kansas Central Inc. – 2026/11/02 – US$ 500.00

Evergy Kansas Central Inc. – 2022/12/02 – US$ 500.00

Evergy Kansas Central Inc. – 2021/05/19 – US$ 500.00

Evergy Kansas Central Inc. – 2020/05/27 – US$ 500.00

Westar Energy Inc. – 2019/05/30 – US$ 500.00

Summary: Westar Energy Inc. – 2018/10/01 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Evergy Kansas Central Inc." Dec 14, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Kansas-Central-Inc-3102493>
  
APA:
S&P Global Ratings’ Credit Research. (). Evergy Kansas Central Inc. Dec 14, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Evergy-Kansas-Central-Inc-3102493>
  
US$ 500.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.