Homer Electric finished the month of August 2022 with a total asset base of $263.4 million. Operating revenue to date was $6.9.3 million and total costs were $67.4 million, bringing net operating margins to $1.9 million through August 31, 2022. This chart is a breakdown of key financial indicators comparing August 2021 to August 2022.
Year to Date | August 31, 2022 | August 31, 2021 |
Operating Revenue | $ 69.3 million | $ 69.0 million |
Cost of Purchased Power | $ 44.2 million | $ 42.6 million |
Cost of Electric Service | $ 23.2 million | $ 22.6 million |
Operating Margins | $ 1.9 million | $ 3.8 million |
Total Kilowatt Hours Sold | $ 298.8 million kWh | $ 305.7 million kWh |
Total Number of Meters | 36,314 | 35,828 |