Investor Presentaiton
11
FY24 outlook by business unit
Gas Utilities
• New rates; return to normal weather and
margins
-
Full year of MO base rates (eff. Dec. 26, 2022)
Incremental MO ISRS¹ revenues
NEE by business unit
-
New AL rates expected early Dec. 2023
•
Lower interest expense and cost
management
Gas Marketing
Baseline of $21M NEE at midpoint
Midstream
.
Salt Plains
•
MoGas acquisition
• Storage expansion
Corporate & Other
•
Lower corporate costs
Lower interest expense
1$7.7M revenue increase effective May 6, 2023; $12.4M revenue increase effective
Oct. 23, 2023. Expect to file next ISRS 1H FY24.
Spire | Investor presentation
December 2023
FY23
FY24
(Millions)
actual
target
Gas Utility
$200
$230 - $240
Gas Marketing
48
19-23
Midstream
14
21-27
Corporate & Other
(34)
(22)-(18)View entire presentation