Westar Energy posts higher profits for first quarter

05/09/2014 10:21 AM

08/06/2014 11:28 AM

Westar Energy announced profits of $69 million, $0.53 a share, in the first quarter, up from $51 million, or $0.40 a share, in the first quarter 2013.

The higher profit was largely driven by higher revenues, which were related to colder weather this past winter and higher prices from investments in air quality controls and transmission infrastructure.

Higher revenues were partly offset with higher operating costs associated with scheduled maintenance, employee benefit costs and depreciation expense.

Wichita Top Jobs

View All Top Jobs

Join the Discussion

The Wichita Eagle is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service