GREAT PLAINS ENERGY | GXP | STILL CONCERNED BY SALES GROWTH AND EARNINGS RESULTS | FINJITSU RESEARCH
Jan. 11, 2013
Current Perspective on Great Plains Energy | GXP
On January 9, GXP's three Missouri subsidiaries were awarded $114.9 million in annual electric revenue increases to be effective on January 26, 2013. While separate, each of the awards was based on a 9.7% allowed ROE, 52.6% common equity ratio and rate bases totaling $3.882 billion. The companies had requested $189 million in annual rate increases based on a 10.4% allowed ROE, 52.5% equity ratio and $4.021 billion rate base.
Previous Perspective on Great Plains Energy | GXP
On December 13, 2012, the Kansas Corporation Commission (KCC) approved a $33 million annual rate increase in KCP&L's general rate case effective January 1, 2013. The revenue increase is based on a 9.5% allowed ROE level, 51.8% equity ratio and rate base of $1.8 billion. KCP&L had requested a $63.6 million increase based on a 10.4% ROE and 51.8% equity ratio.