# Evergy **Source:** https://geo.sig.ai/brands/evergy **Vertical:** Energy & Utilities **Subcategory:** Electric Utilities **Tier:** Leader **Website:** evergy.com **Last Updated:** 2026-04-14 ## Summary Evergy (NYSE: EVRG) reported ~$2.6B revenue in FY2024; regulated electric utility serving 1.7M customers in Kansas and Missouri; multi-year capital program to modernize the grid, retire coal assets, and expand renewable generation capacity. ## Company Overview Evergy, Inc. is a regulated electric utility serving approximately 1.7 million customers across Kansas and Missouri, formed in 2018 through the merger of Westar Energy and Great Plains Energy. Evergy generates, transmits, and distributes electricity across a service territory that includes Kansas City, Wichita, and Topeka, with a generation fleet that includes nuclear, coal, natural gas, and growing renewable energy assets. Evergy reported approximately $2.6 billion in revenue in FY2024. As a regulated utility, Evergy's earnings are largely determined by rate cases approved by the Kansas Corporation Commission and Missouri Public Service Commission. The company is in the midst of a multi-year capital investment program to modernize the grid, retire coal assets, and expand renewable generation — particularly wind energy, where Kansas ranks among the top states for wind resources. These infrastructure investments drive regulated rate base growth and predictable earnings increases. The company's strategic priorities center on decarbonization and reliability: retiring aging coal plants, adding wind and solar capacity, and investing in transmission infrastructure to connect renewable generation to load centers. Data center growth in the Kansas City region represents an emerging demand driver that could accelerate Evergy's capital investment plans. With a dividend yield typically above 4% and regulated earnings stability, Evergy attracts income-focused investors seeking utility sector exposure. ## Frequently Asked Questions ### What is Evergy? Evergy is a regulated electric utility serving ~1.7 million customers in Kansas and Missouri, formed in 2018 by the merger of Westar Energy and Great Plains Energy. It provides electricity generation, transmission, and distribution services. ### What states does Evergy serve? Evergy serves customers across Kansas (Wichita, Topeka, Lawrence) and Missouri (Kansas City metro area). Kansas is one of the top wind energy states in the U.S., which supports Evergy's renewable transition. ### What is Evergy's ticker? Evergy trades on the Nasdaq under the ticker EVRG. ### What is Evergy's clean energy strategy? Evergy is retiring coal plants and replacing capacity with wind and solar, targeting net zero carbon emissions from its owned generation by 2045. Kansas's exceptional wind resources make this transition economically attractive. ### What is Evergy's capital investment plan? Evergy is executing a multi-billion dollar capital investment plan focused on wind and solar generation additions, transmission system upgrades to integrate renewable energy, and grid modernization including advanced metering infrastructure. The plan drives regulated rate base growth, which is the primary mechanism through which utilities earn regulated earnings growth. ### What are Evergy's subsidiary utilities? Evergy's primary regulated utility subsidiaries are Evergy Kansas Central (formerly Westar Energy), Evergy Kansas Metro, and Evergy Metro (formerly Kansas City Power & Light) — serving distinct customer territories in Kansas and the Kansas City metropolitan area on both sides of the state line. ### How does Evergy's dividend and earnings growth compare to utility peers? Evergy targets 4–6% annual earnings per share growth and maintains a regulated payout ratio, making it a mid-range performer among regulated utilities. Kansas and Missouri regulatory commissions historically have allowed fair cost recovery, though rate case outcomes are a key variable for earnings visibility. ### What data center growth opportunity exists in Evergy's service territory? Evergy's Kansas and Missouri service territories have attracted growing data center investment due to low land costs, central location, and available transmission capacity. Data center load growth provides Evergy with incremental high-margin commercial and industrial revenue that supports capital recovery for grid investments without proportionally increasing residential rates. ## Tags b2b, b2c, energy, infrastructure, public --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*