v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenues    
Other $ 32,448,000 $ 28,405,000
Operating revenues 375,000,000 375,200,000
Operating expenses    
Purchased power 111,119,000 97,144,000
Fuel 44,423,000 51,800,000
Production 43,623,000 36,494,000
Transmission 41,867,000 44,090,000
General and administrative 46,413,000 39,301,000
Depreciation, amortization and depletion 48,764,000 72,781,000
Coal mining 4,197,000 (6,358,000)
Other 2,623,000 3,010,000
Operating expenses 343,029,000 338,262,000
Operating margins 31,971,000 36,938,000
Other income    
Interest 1,799,000 3,049,000
Capital credits from cooperatives 1,225,000 1,113,000
Other income 4,899,000 157,000
Total other income 7,923,000 4,319,000
Interest expense    
Interest 45,771,000 43,068,000
Interest charged during construction (1,702,000) (5,122,000)
Interest expense, net of amounts capitalized 44,069,000 37,946,000
Income tax expense 0 0
Net margins including noncontrolling interest (4,175,000) 3,311,000
Net margin attributable to noncontrolling interest (51,000) (46,000)
Net margins attributable to the Association (4,226,000) 3,265,000
Utility Member electric sales    
Operating revenues    
Operating revenues 260,922,000 256,000,000
Non-member electric sales    
Operating revenues    
Operating revenues 56,790,000 48,406,000
Rate stabilization    
Operating revenues    
Operating revenues 24,840,000 44,943,000
Provision for rate refunds    
Operating revenues    
Operating revenues $ 0 $ (2,554,000)