54507--2/25/2010--WESTAR_ENERGY_INC_/KS

related topics
{operation, natural, condition}
{loss, insurance, financial}
{cost, contract, operation}
{cost, regulation, environmental}
{regulation, change, law}
{capital, credit, financial}
{cost, operation, labor}
{condition, economic, financial}
Weather conditions, including mild and severe weather, may adversely impact our consolidated financial results. Our prices are subject to regulatory review and may not prove adequate. Significant decisions about capital investments are based on long-term demand forecasts incorporating assumptions about multiple, uncertain factors. Our actual experience may differ significantly from our assumptions, which may adversely impact our consolidated financial results. Our ability to fund our capital expenditures and meet our working capital and liquidity needs may be limited by conditions in the bank and capital markets or by our credit ratings or the market price of Westar Energy s common stock. Our planned capital investment for the next few years is large in relation to our size, subjecting us to significant financial and operational risks. Capital market conditions can cause fluctuation in the values of assets set aside for employee benefit obligations and the Wolf Creek nuclear decommissioning trust and may increase our funding requirements related to these obligations. Adverse economic conditions could adversely impact our operations and our consolidated financial results. Deliveries of fuel for our plants may be interrupted or slowed, which may adversely impact our consolidated financial results. We are subject to complex governmental regulation that could adversely affect our operations. Our costs of compliance with environmental laws are significant, and the cost of compliance with future environmental laws could adversely affect our consolidated financial results. Our risk management policies cannot eliminate price volatility and counterparty credit risks associated with our energy marketing activities. We are exposed to various risks associated with the ownership and operation of Wolf Creek, any of which could adversely impact our consolidated financial results. Events could occur that would change the accounting principles for regulated utilities currently applicable to our business, which would have an adverse impact on our consolidated financial results. Equipment failures and other events beyond our control may cause extended or unplanned plant outages, which may adversely impact our consolidated financial results.

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