Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Q3 2022 Earnings Presentation
8 slides from Alliant Energy's earnings presentation, Nov 8, 2022
Slide 1: Alliant Energy Corporation 2022 Third Quarter Earnings Call
Alliant Energy Corporation 2022 Third Quarter Earnings Call November 8, 2022
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements The information regarding forecasted earnings per share, forecasted generation additions, forecasted effective income tax rates, capital expenditure plans, financing plans and regulatory plans contain forward-looking statements. Actual results could d
Slide 3: Raised 2022 Earnings Guidance
Raised 2022 Earnings Guidance 2022 Updated Guidance 2022 EPS Guidance • Raised guidance: $2.76 - $2.83 earnings per share due to strong $2.83 $2.81 year-to-date performance primarily $2.76 due to higher temperature driven sales $2.67 • Key drivers of 2022 growth include Original Guidance Updated Gui
Slide 4: Consistent Growth - Projected 2023 Earnings
Consistent Growth - Projected 2023 Earnings 2023 midpoint of $2.89 EPS represents 6% growth from 2022 Adjusted EPS 2023 Earnings Drivers: + Earnings from capital investments $2.89 + Lower utility O&M expense $2.73 – Higher depreciation expense – Higher interest and dilution 2022 Adjusted EPS of $2.7
Slide 5: Inflation Reduction Act provides flexibility
Inflation Reduction Act provides flexibility This legislation provides both near and long-term opportunities aligned with our strategy Positive for Customers – Lowers cost Utility ownership enabled by this legislation is estimated to provide approximately $475 million of net present value savings
Slide 6: Customer Focused Investments Drive Future Growth
Customer Focused Investments Drive Future Growth ~$2.4 billion increase versus prior 4-year plan supports 8% rate base CAGR 2022-2025 2023-2026 Renewbles and battery storage Projected Rate Base (13-month Average, $ in billions) Flexible, dispatchable generation $16.7 Electric distribution Gas distri
Slide 7: 2023 Financing Plans
2023 Financing Plans Mix of debt and common equity to fund updated investment plan and maintain strong balance sheet ($ in Millions) AEC/Parent WPL IPL Long-Term Debt: Issuances Up to $450 Up to $300 Up to $300 Maturities ($400) 3.75% - - Equity: Issuance Up to $250 1540 Through one or more offering
Slide 8: Regulatory Initiatives
Regulatory Initiatives Planned Regulatory Filings Support Balanced Generation In Progress: IPL – Advance ratemaking filing for 400 MW of Solar and 75 MW of battery storage (RPU-2021-0003) ‒ Expect decision in Q4 2022 WPL – 2023 fuel-related cost filing ‒ Expect decision in Q4 2022 WPL – Joint