Evergy Kansas Central intends to construct a 159 MW solar generation facility called Kansas Sky, expected to be operational by summer 2027. Evergy Missouri West entered into agreements to own two solar generation facilities, Sunflower Sky and Foxtrot, expected to be operational by summer 2027.

Evergy plans to construct two combined-cycle natural gas plants in Kansas, with the first expected to be operational by summer 2029. Evergy Kansas Central has requested predetermination from the KCC.

Evergy Missouri West purchased a 22% ownership interest in Dogwood Energy Center for approximately $60 million. The purchase was recorded as an asset acquisition to property, plant and equipment, net, on Evergy's consolidated balance sheet.

Evergy Missouri West reached a unanimous partial stipulation and agreement to settle certain issues in its 2024 rate case, which is subject to MPSC approval. New rates are expected to be effective in January 2025.

Kansas H.B. 2527 was signed into law and includes a plant-in-service accounting (PISA) provision that can be elected by Kansas electric public utilities to defer and recover as regulatory assets 90% of depreciation expense and associated return on investment linked to qualifying electric plants in service.

Kansas H.B. 2527 establishes new mechanisms for the recovery of costs associated with new gas-fired generating units, allowing utilities to recover the return on 100% of the associated construction costs at its weighted average cost of capital.

The EPA issued final ITFIPs for twenty-three states, including Missouri and Oklahoma, which included reduced ozone season NOx budgets for EGUs. The Evergy Companies are unable to accurately assess the impact on their operations or consolidated financial results, but the cost to comply could be material.

The EPA published the final rule which strengthens the primary annual PM2.5 NAAQS. The design values for several monitors in Kansas are currently above the PM2.5 NAAQS which could result in areas of Kansas and adjacent portions of Missouri being designated nonattainment.

The EPA issued the final disapproval of the Kansas SIP revision for failing to conduct a four-factor analysis for at least two emission sources in Kansas. If a Kansas generating unit of the Evergy Companies is selected for analysis, the possibility exists that the state or the EPA could determine that additional modifications are required.

The company faces increasing competition from renewable energy sources, which could impact its market share and profitability. This is evident from the company's increased investments in renewable energy projects and the regulatory landscape favoring renewable energy development.

The company faces regulatory pressures related to environmental matters and rate case proceedings, which could impact its competitive position. This is evident from the company's ongoing efforts to comply with environmental regulations and its participation in rate case proceedings.

The law establishes new mechanisms for the recovery of costs associated with new gas-fired generating units. If the KCC decides investment in a new gas-fired generating unit is reasonable, the utility would be able to recover the return on 100% of the associated construction costs at its weighted average cost of capital.

Operating and maintenance expenses increased $23.7 million year to date September 30, 2024, compared to the same period in 2023, primarily driven by a $16.5 million increase in transmission and distribution operating and maintenance expenses and a $12.7 million increase in operating and maintenance expense at generating facilities.

Operating and maintenance expenses at generating facilities primarily due to a $16.0 million increase at Evergy Kansas Central driven by a major maintenance outage at JEC in 2024.

Labor expense primarily due to a decrease in labor capitalization in 2024 driven by lower capitalization activity related to the installation of transformers and meters in 2024 and higher employee headcount

Represents the planned retirement of Evergy Kansas Central analog meters prior to the end of their remaining useful lives.

The company is focused on improving grid resiliency and implementing smart grid technologies, which could lead to increased efficiency and reliability. This is evident from the company's investments in transmission and distribution infrastructure.

The company has the potential to implement digital transformation initiatives to improve efficiency and customer service. This is evident from the company's focus on improving customer service and its investments in technology.

Capital expenditures projected for the next five years are primarily focused on generating facilities and transmission facilities. This indicates a strategic focus on expanding and upgrading the company's infrastructure.

The company is using debt issuances to fund capital expenditures, which could impact its financial leverage. This is evident from the company's increased debt levels and its plans to continue issuing debt in the future.

The company is repurchasing shares, which could increase earnings per share and return value to shareholders. This is evident from the company's ongoing share repurchase program.

The applicable interest rates and commitment fees of the master credit facility are subject to upward or downward adjustments, within certain limitations, if Evergy achieves, or fails to achieve, certain sustainability-linked targets based on two key performance indicator metrics: (i) Non-Emitting Generation Capacity and (ii) Diverse Supplier Spend.

The company is focused on renewable energy investments, which could reduce its carbon footprint and improve its environmental performance. This is evident from the company's planned construction of solar generation facilities.

The applicable interest rates and commitment fees of the facility are subject to upward or downward adjustments, within certain limitations, if Evergy achieves, or fails to achieve, certain sustainability-linked targets based on two key performance indicator metrics: (i) Non-Emitting Generation Capacity and (ii) Diverse Supplier Spend (as defined in the facility).

A $4.0 million decrease primarily due to lower retail sales driven by unfavorable weather (cooling degree days decreased by 12%), partially offset by higher weather-normalized residential, commercial and industrial demand.

In May 2024, President Biden signed into law the Prohibiting Russian Uranium Imports Act, which limits the importation of uranium from the Russian Federation. The Evergy Companies have a Russian-sourced contract beginning in 2025 to obtain nuclear fuel and have taken mitigating measures to minimize the impact of the Prohibiting Russian Uranium Imports Act to their supply chain.

The law establishes new mechanisms for the recovery of costs associated with new gas-fired generating units. If the KCC decides investment in a new gas-fired generating unit is reasonable, the utility would be able to recover the return on 100% of the associated construction costs at its weighted average cost of capital.