Laserfiche WebLink
W A T E R E N E R G Y L T F€ <br />RPU FINANCIAL RESULTS <br />Preliminary FY 2017/18 through June 30 2018 (Unaudited) <br />PUBLIC UTILITIES 9 <br />$40 <br />f $35 <br />$30 <br />$25 <br />$20 <br />$15 <br />$10 <br />s5 <br />s0 <br />Jul -27 <br />Retail Sales Revenue <br />.� <br />AU9.17 Sep -17 00-17 Nutt -17 DK -17 AM -18 <br />MACTUAL-YTD eiiiiiiiii BUDGET - YTD <br />ELECTRIC <br />Feb -1g Nlpr-18 Apr -18 May -18 Jun -18 <br />• PRICIR YEAR - YTD <br />Retail KWh Sales <br />a,sw <br />az 5 oz.s 22.5 <br />2,000 <br />996.3 948.8 1,082 <br />1,500 <br />1,000 4473 <br />Soo <br />0 <br />fun -17 Jun -18 8udget-18 <br />r Residential Ie Commercial Industrial Other <br />Year-to-date retail sales of $306.7M are $7.7M (2.4%) lower than budget due to lower than anticipated consumption and $2.7M (0.9%) lower <br />than prior year due to a decrease in consumption as a result of mild temperatures. Retail kWh sales reflect 3.2% lower than budget and is <br />consistent with prior year. <br />Personnel Expense <br />o $16 <br />g $14 <br />f <br />$12 <br />$20 <br />$10 <br />$15 <br />$8 <br />$lo <br />14 <br />SS <br />_ <br />29 <br />4 <br />4 <br />m <br />m <br />m m <br />Jul -17 <br />Aug -17 <br />Sep -17 Oa47 No 17 <br />Dx-17 <br />Jan -1S <br />Feb -19 <br />Mer -18 Apr -18 <br />Mey-1S Jun -18 <br />-prA, G <br />iT L <br />■ <br />Regular <br />Overtime ■ Benefits <br />■ Pension Adj <br />Total operating Expense <br />Power Supply Expense <br />$25 <br />f <br />$20 <br />$15 <br />$lo <br />SS <br />_ <br />iE <br />if <br />a <br />i3 "a <br />a Ta <br />-1E E <br />3Y E <br />-prA, G <br />iT L <br />:E G <br />-{1�5 z <br />m <br />m? <br />2 m <br />2 m <br />m <br />C? <br />d m <br />Ivl-17 <br />Aug -17 <br />seo-lx <br />an -17 <br />NDY-17 <br />0x-17 <br />Jen-lS <br />Fel�1a <br />Meal$ <br />Apr -1a <br />nney-Je <br />Jin -is <br />■ Transmission <br />Generation <br />H $35 <br />c <br />0 <br />2 $3o <br />$25 <br />$20 <br />$15 <br />$10 <br />$5 <br />S <br />A V 'm 14 A 1; m 1z 4 V 4 1v a ro a ii o "u WT i V 4 u <br />'C r' C C r t: to t; r <br />a m a m a m a c a m a Co a CO a Co a Co a s a Co a Co <br />lul-17 Aug -17 Sep -17 Oct -17 Now -17 Dec -17 Jan -18 Fab -18 Max -18 Ater -18 May -18 Jun -18 <br />■ Personnel ■ Pension Adl ■ Power Supply Other Operating <br />Page 104 <br />Personnel Expense: Year-to-date personnel costs of <br />$61.5M are $2.9M (5%) higher than budget due to <br />required pension accounting standard adjustments <br />of $9.1M at year-end, reflecting changes in pension <br />liability due to factors such as service cost, <br />contributions, discount rate assumptions and plan <br />investment earnings. The adjustments are offset by <br />savings from various vacancies and attrition. <br />Power Supply Expense: Year-to-date power supply <br />costs of $197AM are $18.6M (8.6%) below budget <br />primarily due to lower than anticipated market <br />prices. <br />Other Operating Expense: Year-to-date other <br />operating expenses of $8M are $11AM (58.8%) <br />below budget of which $4.4M is for projects that will <br />be completed in fiscal year 2018/19. The balance is <br />due to savings in professional services and other <br />general operating expenses. <br />