Spire Inc 8-K, filed Nov 2, 2026
Spire Inc (SR)
About this 8-K
Spire Inc filed this 8-K on November 2, 2026.
Spire Missouri filed a general rate case seeking a $228 million revenue requirement increase: $57 million through the Infrastructure System Replacement Surcharge and $171 million in net new revenues. AI summary
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Exchange Act (only applicable to Spire Inc.):
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On November 2, 2026, Spire Missouri Inc., a wholly owned subsidiary of Spire Inc. (NYSE: SR), filed a general rate case with the Missouri Public Service Commission (Docket No. GR-2027-0075) that includes new proposed rates for its service areas. This filing establishes Spire Missouri’s first future test year rates and includes mechanisms designed to improve revenue stability and predictability for customers.
Spire’s request represents a total revenue requirement increase of $228 million, including $57 million expected to be recovered from customers through the Infrastructure System Replacement Surcharge (ISRS) and $171 million to be net new revenues recovered from infrastructure investment and capital structure. The proposed rates are calculated on an average fiscal 2028 future test year rate base of $5.1 billion.
The filing assumes a common equity ratio of 55.0% and a 10.5% return on equity.
In accordance with Missouri law, the MoPSC has 11 months to consider this filing, with new rates expected to be effective by October 2027.
A copy of the related press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No. Description
99.1 Press Release, dated November 2, 2026, issued by Spire Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Spire Inc.
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November 2, 2026 |
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/s/ Adam W. Woodard |
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Adam W. Woodard Executive Vice President and Chief Financial Officer |
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Spire Missouri Inc.
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November 2, 2026 |
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/s/ Melinda S. Rush |
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Melinda S. Rush Chief Financial Officer |
Exhibit 99.1
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Investor Contact:
Media Contact: Jason.Merrill@SpireEnergy.com |
For Immediate Release
Spire Missouri rate case filing supports continued investments in safety and reliability
ST. LOUIS (Nov. 2, 2026) - Today, Spire Missouri filed a rate case with the Missouri Public Service Commission (PSC) to support continued investments in its natural gas system that enhance safety, reliability and service for customers.
“Our focus is on safely and reliably delivering affordable natural gas service to more than 1.2 million Missouri customers,” said Steve Mills, Spire Missouri president. “Since our last rate case, we’ve continued to modernize and upgrade our system, benefiting customers with enhanced reliability and fueling economic growth and job creation. We are fortunate to be both a trusted energy provider and a trusted community partner across Missouri.”
If the request is approved as filed, assuming current natural gas market conditions, the average residential bill would increase approximately $10 per month, or 11%, for Spire customers in western Missouri. In eastern Missouri, the average bill for residential customers would increase approximately $13 per month, or 15%. New rates would go into effect next fall as the PSC typically completes its review of a rate case within approximately eleven months of filing.
Investments to better serve customers
Since Spire Missouri’s last rate case, the utility has continued to make investments in its delivery system and technology to benefit customers. These include:
Assistance is available for customers
Spire remains committed to keeping bills as low as possible for customers. According to data from the American Gas Association, natural gas continues to be more cost-effective than other energy sources
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as customers who use natural gas to heat homes, dry clothes and heat water save more than $1,000 annually when compared to those who use electricity. In fact, in Missouri, electricity is more than two times more expensive than natural gas.
For some customers who are vulnerable, any cost increase can carry disproportionate impact. That’s why Spire is committed to finding effective ways to help. During fiscal 2026, Spire connected Missouri customers with nearly $14 million in federal, state and Spire energy assistance funding to help pay their natural gas bills, providing even more support to customers amid inflation and rising costs.
Spire continues to provide multiple programs for those with higher energy burdens, including:
Customers who are struggling are encouraged to contact Spire or its community partners to learn more about options by calling 211 or visiting spireenergy.com/assistance.
About Spire
At Spire (NYSE: SR), our vision is to deliver a stronger energy future as an industry-leading natural gas provider. We safely and reliably serve the natural gas needs of close to 2 million homes and businesses through gas utilities in Alabama, Mississippi, Missouri and Tennessee, making us one of the largest publicly traded natural gas companies in the country. We are committed to transforming our business through growing organically, investing in infrastructure and driving continuous improvement. Learn more at SpireEnergy.com.
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