The company said the 2022 rate case outcome reflected a return on equity of 9.55%, a fair value increment of 0.25% and an equity ratio of 51.93%. The total base rate increase was $491.7M, and the total net increase was $253.4M.

8-KRegulation FD DisclosureFiled Sep 30, 2024Period of report Sep 30, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said the 2022 rate case outcome reflected a return on equity of 9.55%, a fair value increment of 0.25% and an equity ratio of 51.93%. The total base rate increase was $491.7M, and the total net increase was $253.4M.
The company said it presented a long-term EPS growth target of 5%-7% CAGR off the 2024 base, based on weather normalized compound annual growth rate projections for 2024-2028. It also said its long-term weather normalized sales growth guidance through 2026 is 4%-6%.
The company presented a total capital investment of approximately $6B for 2024-2026. It said the funding plan includes approximately $750M of external equity raised through a forward sale and approximately $3B of cash from operations, net of shareholder dividends.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

2022 Rate Case Outcome: ROE 9.55%

The company said the 2022 rate case outcome reflected a return on equity of 9.55%, a fair value increment of 0.25% and an equity ratio of 51.93%. The total base rate increase was $491.7M, and the total net increase was $253.4M.

Source · Based on the filing body and exhibits

Long-Term EPS Growth Target 5%-7%

The company said it presented a long-term EPS growth target of 5%-7% CAGR off the 2024 base, based on weather normalized compound annual growth rate projections for 2024-2028. It also said its long-term weather normalized sales growth guidance through 2026 is 4%-6%.

Source · Based on the filing body and exhibits

2024-2026 Capital Investment and Funding Plan

The company presented a total capital investment of approximately $6B for 2024-2026. It said the funding plan includes approximately $750M of external equity raised through a forward sale and approximately $3B of cash from operations, net of shareholder dividends.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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