Investor Presentation June 2021
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Progressing on our Missouri rate review
Primary focus of rate review is recovery of capital investment
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- $850M+ since 2018 to make our system more safe, reliable, resilient and clean
Implementing service enhancements customers want
Proposing new programs – voluntary carbon neutral program and RNG
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Seeking to combine our Missouri utilities under one tariff
Requests $64.2M base rate increase, in addition to $47.3M current ISRS
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Rate base: $2,780M at Sept. 30, 2020
Equity ratio: 54.25%
ROE: 9.95%
Procedural schedule in rate review
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Filing of Staff and intervenor direct testimony
May 12 on revenue requirement (ROE, cap. structure, etc.)
May 26 on class cost of service (rate design)
Test year update period through May 31, 2021
Local public hearings (late June); MOPSC hearings (July/August)
Spire | Investor presentation June 2021
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