EVRG · 10-Q · 2026Q2 · Full report
Rate Case Outcomes
Evergy, Inc. · 2026-08-06 · Importance 58 · Surprise 42 · In source text
Evergy Metro filed a rate case with the Missouri Public Service Commission in February 2026 seeking an approximately $140 million increase in retail revenues. The request includes a 10.5% return on equity, a capital structure composed of 52% equity, recovery of reliability and customer-service infrastructure investments, and updated expense levels. An evidentiary hearing is scheduled for October 2026, with new rates expected to become effective in January 2027. Separately, new Evergy Kansas Central retail rates effective in October 2025 increased consolidated utility gross margin by $30.3 million in the second quarter and $65.7 million year to date.
Key facts
- Evergy Metro filed an application in February 2026 requesting an increase to its retail revenues of approximately $140 million.
- An evidentiary hearing in the Evergy Metro rate case is scheduled in October 2026 and new rates are expected to be effective in January 2027.
- Evergy Kansas Central's gross margin increase of $63.3 million year to date June 30, 2026 was driven by a $65.7 million increase from new retail rates effective October 2025 and a $15.6 million increase in non-regulated energy marketing revenue.
- Evergy Metro's rate case request reflected a return on equity of 10.5% with a capital structure composed of 52% equity.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +2.5% | Evergy Metro filed an application in February 2026 requesting an increase to its retail revenues of approximately $140 million. |