Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Q1 2023 Earnings Presentation
8 slides from Alliant Energy's earnings presentation, May 5, 2023
Slide 1: Alliant Energy Corporation Q1 2023 Earnings Call
Alliant Energy Corporation Q1 2023 Earnings Call May 5, 2023
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements The information regarding forecasted earnings per share, forecasted effective income tax rates, financing plans, and regulatory plans contain forward-looking statements. Actual results could differ materially because the realization of those results i
Slide 3: Financial Highlights: Q1 2023 Results
Financial Highlights: Q1 2023 Results Q1 2023 earnings $0.65 – includes ($0.04) per share tax expense timing, no full year impact Q1 2022 to Q1 2023 GAAP EPS Variances: Q1 2022 GAAP earnings per share $0.77 Estimated temperature impacts on retail electric and gas sales (0.07) Higher interest expense
Slide 4: 2023 Financing Plans
2023 Financing Plans Completed $875M of long-term debt issuances in Q1 2023 ($ in Millions) AEC/Parent WPL IPL Long-Term Debt: Issuances Convertible Note issued Green Bond issued Expected to be in March 2023: in March 2023: issued: $575 @ 3.875% $300 @ 4.950% Up to $300 Maturities ($400) in June 202
Slide 5: Key Regulatory Initiatives
Key Regulatory Initiatives 2023 regulatory initiatives focused on renewable investments and rate reviews In Progress: Customer Investments: IPL – Advance ratemaking filing for 400 MW of Solar and 75 MW of battery storage (RPU-2021-0003) ‒ IUB approved advance ratemaking principles for 200 MW of bu
Slide 6: WPL Rate Review supports customer value
WPL Rate Review supports customer value Investing in a more sustainable and diverse energy mix delivers greater value, reliability, resiliency, and choice to customers Cleaner, cost-effective and diverse energy portfolio Adding nearly 1,100 MW of solar generated energy by mid-2024 Developing nea
Slide 7: Wisconsin Rate Review – Docket 6680-UR-124
Wisconsin Rate Review – Docket 6680-UR-124 Summary of Request for Forward Test Years 2024 2025 Increase in electric revenue requirements $111M $71M Increase in gas revenue requirements $17M -- Maintain ROE 10% 10% Increased regulatory equity level 56.47% 56.25% Electric retail rate base $5.5B $5.9B
Slide 8: IPL’s Advance Ratemaking Request
IPL’s Advance Ratemaking Request Investing in cost effective generation solutions and enhancing the economic and environmental health of the communities we serve In April 2023, IUB issued an order approving advance ratemaking principles for 200 MW build-transfer solar projects at Duane Arnold site