regulatory
confidence high
sentiment negative
materiality 0.60
Evergy Missouri West receives final rate order, records $17M revenue reduction and $14M impairment
Evergy, Inc.
- Missouri PSC final rate order allows $42.5M revenue increase after partial stipulations, effective Dec 6, 2022.
- Order permits recovery of $182.3M unrecovered investment in Sibley Station over four years but denies return on that investment.
- Evergy Missouri West to reduce operating revenues by ~$17M in Q4 2022 for additional deferral to Sibley AAO regulatory liability.
- Impairment loss of ~$8M in Q4 and ~$14M for full year 2022 on Sibley Unit 3 due to rate order provisions.