Recent Events Third quarter 2014 earnings per share of 0.95 compared with 0.93 in 2013 Earnings September 30, 2014 year to date earnings per share of 1.44 compared Review with 1.51 for the same period in 2013 Current 2014…
KCP&L Missouri Rate Case Summary Anticipated Rate Effective Requested Requested Cost Making Capital Date Case Date Increase Increase Rate Base of Equity Structure of New Number Filed (in Millions) (Percent) (in Millions) ROE Debt…
Rate Case Schedule 2014 2015 4Q 1Q 2Q 3Q 4Q La Cygne Environmental Tie-in Outage Tie-in Outage Retrofit Project Key Steps In-Service Unit 2 Unit 1 to Completion September 30 KCP&L Missouri Anticipated October 30 May 31…
Solid Vertically Integrated Midwest Utilities Service Territories: KCP&L and GMO Business Highlights Solid Midwest fully regulated electric utility operating under the KCP&L brand Company attributes Regulated operations in Kansas…
Investment Thesis Solid track record of execution and constructive regulatory treatment Focused on providing competitive total shareholder returns through earnings growth and a competitive dividend Flexible investment…
Track Record of Performance: Expanded Generation Capacity Since 2005: Increased baseload generation capacity by 56% Added Iatan 2 to our fleet, a state-of-the-art coal fired power plant, providing flexibility to evaluate…
Track Record of Performance: Improved Environmental Footprint Reduced Air Emissions 70 Since 2005, invested 60 approximately 1 billion on state-of-the-art emission 50 (tons in thousands) controls 40 Additional 700 million…
Track Record of Performance: Regulatory Track Record KCP&L KCP&L Recovery Mechanism Kansas Missouri GMO Requested in Energy Cost Adjustment Rider (KS) / docket ER- Fuel Adjustment Clause Rider (MO) Since 2005: 2014-0370 Property…
Track Record of Performance: Operational Excellence In 2014, awarded the most reliable utility for the Targeting modest improvements in generation Plains Region for eight consecutive years fleet to improve unit availability and…
Track Record of Performance: Improved Financial Profile Earnings per share increased Earnings Per Share 20% from 2012 to 2013 1.62 1.62 Continued focus on diligent 1.35 cost management 1.25 1.52 Reducing regulatory lag through…
Solid TSR Opportunities Ahead with Flexibility: Focused on Reducing Lag Utility O&M Expenses 700 Pursuit of legislative initiatives and regulatory 671 1 mechanisms to reduce 658 regulatory lag 647 650 (in Millions)…
Solid TSR Opportunities Ahead with Flexibility: Long-Term Growth Targets Strategy To provide Safe and Reliable Service to Our Customers at a Reasonable Cost and Deliver Competitive Total Shareholder Returns Targeting Earnings Growth…
Solid TSR Opportunities Ahead with Flexibility: Dividend Growth Increased common stock Annualized Dividend1 dividend from 0.92 per share to 0.98 per share on annual basis in November 2014 0.98 Dividend increased four 0.92 0.85…
GXP Attractive Platform for Shareholders Target significant reduction in regulatory lag Focused on Seek to deliver earnings growth and increasing and sustainable dividends as a key component of total Shareholder Value shareholder…
Investor Relations Information NYSE: GXP www.greatplainsenergy.com Company Contacts: Lori Wright Vice President Investor Relations and Treasurer (816) 556-2506 lori.wrightkcpl.com Tony Carreo Director, Investor Relations…
Appendix Pages Operations Overview 19 29 2015 and 2016 Considerations and Projected Capital Expenditures Plan 30 31 Third Quarter and Year-to-Date September 30, 2014 Update 32 38 18 December 2014 Investor Presentation
Environmental1 Estimated cost to comply with final regulations2 % of Coal Fleet with Emission- with clear timelines for compliance Reducing Scrubbers Estimated Cost: approximately 700 million Projects include: La Cygne on schedule…
La Cygne Environmental Upgrade, Construction Update La Cygne Generation Station La Cygne Coal Unit 1 368 MW1 - Wet scrubber, baghouse, activated carbon injection La Cygne Coal Unit 2 341 MW1 - Selective catalytic reduction system, wet…
Renewable Energy and Energy Efficiency Company-owned assets and commitments in Kansas Renewable Portfolio Standards place that will increase renewable portfolio to 25% approximately 1,150 MW of wind, 20% hydroelectric, landfill gas…
Transource Energy, LLC Transource is a joint venture between GXP (13.5%) and AEP (86.5%) structured to ISO-NE pursue competitive transmission projects1 NYISO Non- PJM MISO National focus on developing RTO SPP transmission…
Transources Competitive Advantage Transource combines the scale and unique capabilities of GXP and AEP Thought Market Execution Strength Leadership Success Effective Focused Operational Long-term growth Solutions Results…
Competitive Process Timeline for Initial Focus Regions PJM: Competitive process already underway. RFPs may be issued on a quarterly basis using sponsorship model, whereby PJM solicits proposals to identified transmission system…
Transource Missouris FERC Regulated Projects Approximately 400 million of projects under development in SPP region Iatan-Nashua Project, 30-mile, 65 million, expected in-service 2015 Sibley-Nebraska City Project, 135-mile, 330…
Local Economy Robust investments in the region by top-tier automobile manufacturers leading to additions and expansion in manufacturing sector Economic Development Cerner Corporation broke ground in November 2014 on 4.5 billion…
Kansas Abbreviated Rate Case Summary Annual Effective Increase Percent Rate Base Date of New Jurisdiction Docket Date Filed (in millions) Increase (in millions) Rates KCP&L KS 14-KCPE-272-RTS Dec. 9, 2013 11.5(1) 2.2%(1) 1,916 July…
Key Elements of 2006 - 2013 Rate Cases Rate Case Outcomes (millions) Effective Rate Rate-making Return on Rate Increase Rate Increase Rate Jurisdiction Date Filed Date Base Equity Ratio Equity Approved () Approved (%) KCP&L Missouri…
State Commissioners Missouri Public Service Commission (MPSC) Kansas Corporation Commission (KCC) Mr. Robert S. Kenney (D) Ms. Shari Feist Albrecht (I) Chair (since March 2013) Chair (since January 2014) Term began: July 2009 Term…
2015 and 2016 Considerations 2015 2016 Assumes 0.5% - 1% weather-normalized sales Assumes 0.5% - 1% weather-normalized sales Monitor Demand and Proactive management of base O&M in-line with Proactive management of base O&M in-line…
Projected Utility Capital Expenditures1,2 Projected Utility Capital Expenditures (In Millions) 2014E 2015E 2016E 2017E 2018E Generating facilities 232.7 220.7 211.2 201.8 224.4 Distribution and transmission facilities 202.0 201.6…
2014 Third Quarter and Full Year Revised 2014 earnings per share guidance range from 1.60 - 1.75 to 1.52 - 1.62 Earnings Guidance Assumes normal weather in the 4Q 2014 3Q 2014 demand up 0.5% Weather-Normalized September year to…
2014 Third Quarter EPS Reconciliation Versus 2013 2014 EPS 2013 EPS Change in EPS 1Q 0.15 0.17 (0.02) 2Q 0.34 0.41 (0.07) 3Q 0.95 0.93 0.02 YTD1 1.44 1.51 (0.07) Contributors to Change in 2014 EPS Compared to 2013 New…
Great Plains Energy Consolidation Earnings and Earnings Per Share Three Month Ended September 30 (Unaudited) Earnings Earnings (millions) per Share 2014 2013 2014 2013 Electric Utility 140.3 145.4 0.91 0.95 Other 7.1 (2.3)…
Great Plains Energy Consolidation Earnings and Earnings Per Share Year to Date September 30 (Unaudited) Earnings Earnings (millions) per Share 2014 2013 2014 2013 Electric Utility 221.1 238.5 1.43 1.55 Other 2.2 (5.8) 0.01…
Great Plains Energy Reconciliation of Gross Margin to Operating Revenues (Unaudited) Three Months Ended September 30 Year to Date September 30 (millions) (millions) 2014 2013 2014 2013 Operating revenues 782.5 765.0 2,016.0…
September 30, 2014 Debt Profile and Credit Ratings Great Plains Energy Debt ( in Millions) KCP&L GMO1 GPE Consolidated Amount Rate2 Amount Rate2 Amount Rate2 Amount Rate2 Short-term debt 315.6 0.47% 80.4 0.69% 0.0 396.0 0.51%…
Customer Consumption Retail MWh Sales Growth Rates 3Q 2014 Compared to 3Q 2013 YTD 2014 Compared to YTD 20131 Weather Weather Total Normalized Normalized Change in Change in % of Retail Total Change Change in % of Retail MWh…
Loading...
