Great Plains Energy Incorporated (NYSE: GXP) is the holding company of Kansas City Power & Light Company and KCP&L Greater Missouri Operations Company (GMO). The utilities operate under the brand name KCP&L.
Our vertically integrated electric utilities serve just over 851,200 customers in 47 counties in Missouri and Kansas with a combined diverse generation platform of more than 6,400 MW of capacity.
Management is focused on providing long-term earnings growth for shareholders and low cost, reliable energy for customers. In addition, Great Plains Energy has an attractive annualized dividend of $0.98 per share. Great Plains Energy's dividend, combined with earnings growth potential, provide investors with a strong total return investment alternative.
Strategic Intent: Great Plains Energy is focused on providing reliable long-term value to shareholders and customers through its utilities by supplying and delivering electricity and energy solutions to meet customers' current and future needs and enhance their quality of life. To achieve these objectives, we believe there are four key values upon which the Company must focus:
- Top-Tier Operating Performance: Across the organization we strive for industry-leading financial and operational performance.
- Long-Range Perspective: We manage the Company for long-term performance, not short-sighted gains. Our Comprehensive Energy Plan (CEP) is a key example. It was a five-year strategy, which commenced in 2005, to increase the Company's power generation capabilities, and to improve regional air quality through environmental upgrades to existing facilities, and to invest in demand side management, distributed generation, customer efficiency and affordability programs, and transmission and distribution improvements.
- Winning Culture: The Company is focused on building a culture dedicated to achieving Great Plains Energy's goals. Recruiting and developing top workforce talent is the key to sustaining excellent performance across the Company and creating long-term shareholder and customer value.
- Collaborative Relationships: Over the years we have built numerous collaborative relationships that help us accomplish our business objectives and be good corporate citizens. We support the economic and social well-being of our customer communities through targeted financial programs focused on at-risk youth, the environment and economic and civic efforts. These are the foundations that build strong, long-term relationships with customers, community leaders, legislators and regulators that will ultimately drive shareholder value.