KCP&L Greater Missouri Operations Co. - S&P Global Ratings’ Credit Research

KCP&L Greater Missouri Operations Co.

KCP&L Greater Missouri Operations Co. - S&P Global Ratings’ Credit Research
KCP&L Greater Missouri Operations Co.
Published Mar 01, 2019
9 pages (2755 words) — Published Mar 01, 2019
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

From a business risk standpoint, KCP&L Greater Missouri Operations Co.'s (GMO) smaller size and limited diversification introduce risk to the company's credit profile; GMO serves about 320,000 retail electric customers in western Missouri. However, offsetting some of this risk is the company's generally stable service territory consisting of predominantly residential and commercial customers. GMO's late-2018 approved rate case calls for a decrease to retail revenues of $24 million and a one-time bill credit of $27 million for customer benefits related to the impacts of federal tax reform. This impact comes as the company will return to retail customers about $14 million as per conditions stipulated by the Missouri commission following the merger of former parent Greater Plains Energy with Westar

  
Brief Excerpt:

...From a business risk standpoint, KCP&L Greater Missouri Operations Co.'s (GMO) smaller size and limited diversification introduce risk to the company's credit profile; GMO serves about 320,000 retail electric customers in western Missouri. However, offsetting some of this risk is the company's generally stable service territory consisting of predominantly residential and commercial customers....

  
Report Type:

Full Report

Ticker
ILA
Issuer
GICS
Multi-Utilities (55103010)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "KCP&L Greater Missouri Operations Co." Mar 01, 2019. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/KCP-L-Greater-Missouri-Operations-Co-2174689>
  
APA:
S&P Global Ratings’ Credit Research. (). KCP&L Greater Missouri Operations Co. Mar 01, 2019. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/KCP-L-Greater-Missouri-Operations-Co-2174689>
  
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