EVRG · 10-Q · 2026Q2 · Full report
Weather Impact on Demand
Evergy, Inc. · 2026-08-06 · Importance 41 · Surprise 48 · In source text
Second-quarter 2026 retail demand benefited from favorable weather, with cooling degree days increasing 25% year over year. Higher weather-normalized demand, together with the start of service for a data center customer and increased demand from a large load industrial customer, contributed $30.8 million to the quarter-over-quarter increase in utility gross margin. Year-to-date demand growth was concentrated among commercial and industrial customers, including data center load. Evergy serves approximately 1.7 million customers across Kansas and Missouri through its regulated utility subsidiaries.
Key facts
- The $61.1 million increase in utility gross margin for the quarter was driven by a $30.8 million increase primarily due to favorable weather (cooling degree days increased by 25%) and higher weather-normalized demand, and a $30.3 million increase from new Evergy Kansas Central retail rates effective in October 2025.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +1.1% | The $61.1 million increase in utility gross margin for the quarter was driven by a $30.8 million increase primarily due to favorable… |
| operating_income | positive | realized | +1.1% | The $61.1 million increase in utility gross margin for the quarter was driven by a $30.8 million increase primarily due to favorable… |