RATE MATTERS AND REGULATION (Tables)

12 Months Ended

Dec. 31, 2022

The Evergy Companies' regulatory assets and liabilities are detailed in the following tables.


	December 31
	2022						2021
	Evergy		Evergy Kansas Central		Evergy Metro		Evergy		Evergy Kansas Central		Evergy Metro
Regulatory Assets	(millions)
Pension and post-retirement costs	$	137.3	$	54.9	$	—	$	567.2	$	265.6	$	213.3
Debt reacquisition costs	87.7		80.9		6.0		94.4		86.7		6.7
Debt fair value adjustment	92.1		—		—		96.5		—		—
Asset retirement obligations fair value adjustment	119.4		—		—		117.9		—		—
Depreciation	159.1		47.2		57.1		98.5		50.1		27.0
Cost of removal	346.8		158.2		140.6		257.5		141.0		90.2
Asset retirement obligations	127.5		54.5		53.4		119.3		52.3		49.1
Analog meter unrecovered investment	12.6		12.6		—		18.4		18.4		—
Treasury yield hedges	19.2		19.2		—		20.4		20.4		—
Iatan No. 1 and common facilities	6.2		—		2.6		6.5		—		2.7
Iatan No. 2 construction accounting costs	24.0		—		12.0		24.7		—		12.4
Property taxes	51.4		33.0		15.8		39.6		31.6		8.0
Disallowed plant costs	13.9		13.9		—		14.2		14.2		—
La Cygne environmental costs	10.0		7.9		2.1		11.2		9.0		2.2
Deferred customer programs	14.3		6.5		6.7		18.7		6.4		7.8
Fuel recovery mechanisms	188.5		—		13.5		202.5		120.8		19.8
February 2021 winter weather event	430.9		121.9		—		403.1		121.5		—
Solar rebates	15.6		—		—		20.2		—		—
Transmission delivery charge	1.5		—		1.5		—		—		—
Wolf Creek outage	22.8		11.4		11.4		20.4		10.2		10.2
Pension and other post-retirement benefit non-service costs	75.3		24.8		30.7		65.6		23.0		29.6
Retired generation facilities	146.3		—		—		123.4		—		—
Merger transition costs	28.1		13.3		10.5		32.7		15.6		12.1
Other regulatory assets	83.8		51.7		9.9		42.3		24.1		5.9
Total	2,214.3		711.9		373.8		2,415.2		1,010.9		497.0
Less: current portion	(368.0)		(121.9)		(42.3)		(424.1)		(257.3)		(86.3)
Total noncurrent regulatory assets	$	1,846.3	$	590.0	$	331.5	$	1,991.1	$	753.6	$	410.7

Schedule of Regulatory Liabilities


	December 31
	2022						2021
	Evergy		Evergy Kansas Central		Evergy Metro		Evergy		Evergy Kansas Central		Evergy Metro
Regulatory Liabilities	(millions)
Taxes refundable through future rates	$	1,866.6	$	1,084.2	$	586.6	$	1,969.5	$	1,143.7	$	616.1
Deferred regulatory gain from sale leaseback	37.1		37.1		—		42.6		42.6		—
Emission allowances	38.2		—		38.2		42.1		—		42.1
Nuclear decommissioning	246.3		103.4		142.9		400.1		175.7		224.4
Pension and post-retirement costs	98.4		23.0		72.5		44.4		23.2		15.9
Jurisdictional allowance for funds used during construction	25.9		24.2		1.7		27.5		25.8		1.7
La Cygne leasehold dismantling costs	29.6		29.6		—		29.6		29.6		—

Kansas tax credits	23.5		23.5		—		16.7		16.7		—
Purchase power agreement	4.1		4.1		—		5.8		5.8		—

Fuel recovery mechanisms	4.7		4.5		0.2		6.5		—		6.5
February 2021 winter weather event	37.8		—		37.8		65.1		—		65.1
Sibley AAO	108.0		—		—		29.3		—		—

TFR refunds	55.5		55.5		—		—		—		—
Other regulatory liabilities	146.5		51.9		48.2		96.5		19.1		37.0
Total	2,722.2		1,441.0		928.1		2,775.7		1,482.2		1,008.8
Less: current portion	(155.4)		(72.1)		(55.3)		(70.7)		(12.8)		(54.6)
Total noncurrent regulatory liabilities	$	2,566.8	$	1,368.9	$	872.8	$	2,705.0	$	1,469.4	$	954.2