|
|
 |
|
Viewing report
|
|
|
|
BULLETIN: Westar's Rate Appeal Is Neutral To Credit Quality Jan 06
Standard & Poors, Jan 2006
Abstract
NEW YORK (Standard & Poor's) Jan. 18, 2006--Standard & Poor's Ratings Services said today that Westar Energy Inc.'s (BB+/Positive/-) request for reconsideration of certain parts of the Kansas Corporation Commission's (KCC) Dec. 28, 2005 rate order will not by itself affect the rating or outlook on the company. In its request, Westar asked the KCC, among other things, to reconsider the treatment of wholesale sales margins, how merger savings are allocated, and the 10% allowed ROE. The KCC has until Feb. 16, 2006 to respond to the petition for reconsideration and may render a decision within 30 days, though its is not bound to do so. The KCC's recent authorization of a $3 million overall base rate increase fell significantly...
Companies mentioned in this report are: Westar Energy Inc.
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
