EVRG · 10-Q · 2026Q3 · Full report

Weather Impact on Demand

Evergy, Inc. · 2026-11-05 · Importance 40 · Surprise 56

Evergy reported higher weather-normalized demand from commercial and residential customers, including a data-center customer that began taking service in 2026, and higher demand from a large-load industrial customer. Third-quarter cooling degree days increased 31%, contributing to increased demand. Year to date, cooling degree days were up 31%, partly offset by a 21% decrease in heating degree days; Evergy Kansas Central reported cooling degree days up 38% and heating degree days down 23%, while Evergy Metro reported increases of 25% and a decrease of 19%, respectively.

Key facts

• Third-quarter 2026 gross margin growth included a $139.7 million increase primarily from favorable weather, with cooling degree days up 31%, higher weather-normalized commercial and residential demand, a data-center customer starting service, and higher demand from a large-load industrial customer.
• Year-to-date 2026 gross margin growth included a $165.1 million increase primarily from favorable weather—cooling degree days up 31% and heating degree days down 21%—and higher weather-normalized demand, including a new data-center customer and a large-load industrial customer.