Financial Highlights
| 2021 | 2020 | |
|---|---|---|
| Energy sales to members | 15,149,859 MWh | 14,174,650 MWh |
| Sales to others | 947,674 MWh | 1,197,459 MWh |
| Total | 16,097,533 MWh | 15,372,109 MWh |
| Average cost to members | $65.52 /MWh | $48.16 /MWh |
| Total operating revenues | $1,094,600,164 | $739,631,998 |
| Operating margin | $25,000,786 | $49,476,702 |
| Net margin | $25,595,505 | $50,562,717 |
| Cash flows from operations | $94,309,978 | $100,460,357 |
| Times interest earned ratio | 1.90 | 2.64 |
| Margins for Interest ratio | 1.90 | 2.65 |
| Debt service coverage ratio | 2.05 | 2.23 |
| Earnings to fixed charges | 1.81 | 2.34 |
| Total assets | $1,879,537,318 | $1,774,450,284 |
| Net utility plant | $1,516,093,329 | $1,451,962,083 |
| Total long-term debt | $822,381,207 | $786,219,616 |
| Total equity | $621,715,931 | $636,120,426 |
| Equity to assets ratio | 33.08% | 35.85% |
| Equity / total capitalization (including short-term debt) |
36.56% | 38.55% |
| Long-term debt to equity ratio | 1.32 | 1.24 |