v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Operating Revenues $ 365,736 $ 452,756
Operating Expenses    
Fuel 76,608 101,454
Purchased Power 30,467 26,230
Transmission and Other PPFAC Recoverable Costs 8,942 18,078
Increase (Decrease) to Reflect PPFAC Recovery Treatment (1,242) 32,768
Total Fuel and Purchased Power 114,775 178,530
Operations and Maintenance 100,177 118,749
Depreciation 57,515 55,604
Amortization 7,781 7,736
Taxes Other Than Income Taxes 18,701 18,752
Total Operating Expenses 298,949 379,371
Operating Income 66,787 73,385
Other Income (Expense)    
Interest Expense (29,630) (24,005)
Allowance For Borrowed Funds 4,349 1,876
Allowance For Equity Funds 9,687 5,252
Unrealized Gains (Losses) on Investments 84 862
Interest Income 1,762 1,212
Other, Net (965) 83
Total Other Income (Expense) (14,713) (14,720)
Income Before Income Tax Expense 52,074 58,665
Income Tax Expense 7,643 7,484
Net Income $ 44,431 $ 51,181