Evergy, Inc. (NASDAQ: EVRG) is a publicly traded electric utility serving customers across Kansas and Missouri. Formed in July 2018 through the merger of Kansas City Power & Light Company (KCP&L) and Westar Energy, Evergy provides generation, transmission and distribution services to approximately 1.7 million residential, commercial and industrial customers. The company operates as a regulated electric utility with a diverse portfolio of energy sources, including natural gas, coal, nuclear, wind and solar, positioning itself to balance reliability, cost and environmental considerations.
Evergy’s generation assets comprise a mix of baseload and renewable facilities. Its coal and gas-fired plants deliver consistent output, while investments in wind and solar farms support its strategy to reduce carbon emissions and modernize the grid. The company actively pursues grid hardening and smart‐grid technologies to enhance outage response, integrate distributed energy resources and improve operational efficiency. Ongoing capital programs include the addition of battery storage, upgrades to transmission lines and deployment of advanced metering infrastructure.
Serving both urban and rural service territories, Evergy is organized into operating regions aligned with regulatory jurisdictions in Kansas and Missouri. Regulatory oversight by state commissions governs the rates and terms under which the company recovers costs and earns returns. Evergy maintains collaborative relationships with stakeholders, including community leaders, environmental groups and municipal partners, to support economic development initiatives, energy efficiency programs and low-income assistance efforts throughout its footprint.
The company’s leadership team is headed by Chairman, President and Chief Executive Officer Terry Bassham, who brings extensive utility industry experience in operations, strategy and regulatory affairs. Under his guidance, Evergy continues to pursue a long-term vision centered on affordability, sustainability and innovation. Supported by a seasoned executive group and board of directors, Evergy remains focused on delivering reliable service, advancing environmental goals and creating value for customers and communities in the Midwest.
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