Finjitsu Research - Associated Analysts
CHICAGO, IL - Jan. 11, 2013
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.
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.
For more information on this brief please visit: Great Plains Energy (GXP), Still Concerned by Sales Growth and Earnings Results.
For more general financial information about Great Plains Energy (GXP), and other companies, please visit the Finjitsu Research Portal.
About Finjitsu Research
Finjitsu Research makes it easy for self-directed investors to acces hard-to-find Wall St. equity research.
Finjitsu is an exclusive curator of stock research--with many publishers, in one place, all having a small and mid-cap focus. In aggregating the reports of many high quality, niche research firms, Finjitsu is the only platform that makes it easy for individual investors to access hard-to-find investment research. For investors who prefer a more personal interaction, Finjitsu Research can also provide a direct connection to Wall St. Analysts in a phone or online-chat format.
For press inquiries, please contact firstname.lastname@example.org
This abstract was prepared by Finjitsu Research for convenience only and does not claim to be a complete description of the information contained in the report. This abstract is intended to be a general sample of the contents of the report. This abstract is qualified in its entirety by the full report, which is not avaiable on this website. This report contains opinions that are inherently biased. In addition, this report was prepared for general circulation and does not provide investment recommendations specific to individual investors. As such, the financial instruments discussed in this report may not be suitable for all investors and investors must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. To review additional important disclosures related to this report, please go to https://www.finjitsu.com/legal
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Finjitsu Research via Thomson Reuters ONE