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RECEIVABLES
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
RECEIVABLES RECEIVABLES
The Evergy Companies' receivables are detailed in the following table.
September 30December 31
20242023
Evergy(millions)
Customer accounts receivable - billed$22.2 $2.6 
Customer accounts receivable - unbilled199.1 109.1 
Other receivables179.4 169.4 
Allowance for credit losses(13.9)(24.2)
Total$386.8 $256.9 
Evergy Kansas Central
Customer accounts receivable - billed$— $— 
Customer accounts receivable - unbilled86.0 39.9 
Other receivables134.9 143.5 
Allowance for credit losses(6.2)(11.6)
Total$214.7 $171.8 
Evergy Metro  
Customer accounts receivable - billed$— $— 
Customer accounts receivable - unbilled63.6 27.2 
Other receivables58.2 35.7 
Allowance for credit losses(5.1)(7.9)
Total$116.7 $55.0 
The Evergy Companies' other receivables as of September 30, 2024 and December 31, 2023, consisted primarily of receivables from partners in jointly-owned electric utility plants, wholesale sales receivables and receivables related to alternative revenue programs. The Evergy Companies' other receivables also included receivables from contracts with customers as summarized in the following table.
September 30December 31
20242023
(millions)
Evergy$87.6 $61.5 
Evergy Kansas Central81.4 59.9 
Evergy Metro4.9 0.8 
The change in the Evergy Companies' allowance for credit losses is summarized in the following table.
20242023
Evergy(millions)
Beginning balance January 1$24.2 $31.4 
Credit loss expense4.9 7.4 
Write-offs(24.1)(25.2)
Recoveries of prior write-offs8.9 7.9 
Ending balance September 30$13.9 $21.5 
Evergy Kansas Central
Beginning balance January 1$11.6 $16.9 
Credit loss expense2.2 3.1 
Write-offs(11.6)(13.6)
Recoveries of prior write-offs4.0 3.5 
Ending balance September 30$6.2 $9.9 
Evergy Metro
Beginning balance January 1$7.9 $9.3 
Credit loss expense2.5 2.7 
Write-offs(8.6)(7.8)
Recoveries of prior write-offs3.3 3.0 
Ending balance September 30$5.1 $7.2 
Sale of Accounts Receivable
Evergy Kansas Central, Evergy Metro and Evergy Missouri West sell an undivided percentage ownership interest in their retail electric accounts receivable to independent outside investors. These sales are accounted for as secured borrowings with accounts receivable pledged as collateral and a corresponding short-term collateralized note payable recognized on the balance sheets.  The Evergy Companies' accounts receivable pledged as collateral and the corresponding short-term collateralized note payable are summarized in the following table.
September 30December 31
20242023
(millions)
Evergy$425.0 $342.0 
Evergy Kansas Central215.0 166.0 
Evergy Metro160.0 126.0 
In February 2024, Evergy Kansas Central, Evergy Metro and Evergy Missouri West amended the terms of their receivable sale facilities, including extending the expiration of each receivable sale facility to November 2025.
Prior to the amendment to Evergy Kansas Central's facility, it allowed for $185.0 million in aggregate outstanding principal amount of borrowings from mid-November through mid-July and then $200.0 million from mid-July through mid-November. Prior to the amendment to Evergy Metro's facility, it allowed for $130.0 million in aggregate outstanding principal amount of borrowings at any time. Prior to the amendment to Evergy Missouri West's facility, it allowed for $50.0 million in aggregate outstanding principal amount of borrowings from mid-November through mid-July and then $65.0 million from mid-July through mid-November.
Under the amended terms, effective in the first quarter of 2024, Evergy Kansas Central's facility allows up to $185.0 million in aggregate outstanding principal amount to be borrowed at any time. To the extent Evergy Kansas Central has qualifying accounts receivable and subject to the lender's discretion, Evergy Kansas Central's facility allows for an additional $65.0 million in aggregate outstanding principal amount to be borrowed at any time. Evergy Metro's facility allows up to $130.0 million in aggregate outstanding principal amount to be borrowed at any time. To the extent Evergy Metro has qualifying accounts receivable and subject to the lender's discretion, Evergy Metro's facility allows for an additional $70.0 million in aggregate outstanding principal amount to be borrowed at any time. Evergy Missouri West's facility allows up to $50.0 million in aggregate outstanding principal amount to be borrowed at any time. To the extent Evergy Missouri West has qualifying accounts receivable and subject to the lender's discretion, Evergy Missouri West's facility allows for an additional $65.0 million in aggregate outstanding principal amount to be borrowed at any time.