Our accounting department is charged with keeping up with where money comes from and where it goes. When members pay their bills each month, most of each dollar goes to pay for the actual electricity that goes to their home or business—75 cents.
What’s leftover pays for materials, equipment, labor, billing, interest and other business expenses.
- 73¢ Cost of Power
- 6¢ Operations and Maintenance
- 6¢ Depreciation
- 5¢ Consumer Accounts, Service, Sales
- 4¢ Interest Expense (long-term debt)
- 3¢ Administrative and General Expense
- 3¢ Margins