05-11-2020 BPU RPT 12 - Laserfiche WebLink

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WATER I ENERGY L I F E iir PUBLIC UTILITIES Item , RPU FINANCIAL RESULTS FY 2019/20 through February 29, 2020 Retail Sales Revenue $40 2$35 a $30 $25 $20 $15 $10 $5 $0 Ju1-19 Aug -19 Sep -19 Oct -19 Nov -19 Dec -19 Jan -20 Feb -20 Mar -20 Apr -20 May -20 Jun -20 FACTUAL BUDGET • PRIOR YEAR Year-to-date retail sales of $215.5M are $5.OM (2.3%) lower than budget due to lower than anticipated consumption. Current year actual retail sales are $0.6M (0.3%) lower than prior year, due to a decrease in consumption as a result of cooler temperatures in the summer months compared to very warm temperatures in the prior year. Retail kWh sales reflect 1.8% lower than budget due to lower than anticipated consumption and 2.3% lower than prior year due to a decrease in consumption. Personnel Expense c $7 E $G 1H, $5 $awil 1 111 $3 $2 $1 W t m t m A A 4 >u 4 >u 4 >v 4 y y a? a? a? a? a? a? a? a? a? a? a? a Jul -19 Aug -19 Sep -19 Ott -19 Nov -19 Dec -19 Jan -20 Feb -20 Mar -20 Apr -20 May -20 Jun -20 ■ Regular Overtime Benefits -$35 0 2$30 $25 $20 $15 $10 $5 �m m Jul -19 Total Operating Expense $25 $zo Power Supply Expense II 11 11 11 '1 11 Retail KWh Sales 1 Total - YTD 1529 1494 1521 1,800 a? Apr -20 a? a May -20 Jun -20 ■ Transmission 0 1,600 T 15.6 1,400 m 1,200 666.2 666.4 699.2 1,000 m m m m 800 Sep -19 Oct -19 Nov -19 Dec -19 Jan -20 Feb -20 600 400 303.6 296.1 305.6 200 543. 5� 500.5 0 Feb -19 Feb -20 Budget -19 Residential Commercial Industrial Other Year-to-date retail sales of $215.5M are $5.OM (2.3%) lower than budget due to lower than anticipated consumption. Current year actual retail sales are $0.6M (0.3%) lower than prior year, due to a decrease in consumption as a result of cooler temperatures in the summer months compared to very warm temperatures in the prior year. Retail kWh sales reflect 1.8% lower than budget due to lower than anticipated consumption and 2.3% lower than prior year due to a decrease in consumption. Personnel Expense c $7 E $G 1H, $5 $awil 1 111 $3 $2 $1 W t m t m A A 4 >u 4 >u 4 >v 4 y y a? a? a? a? a? a? a? a? a? a? a? a Jul -19 Aug -19 Sep -19 Ott -19 Nov -19 Dec -19 Jan -20 Feb -20 Mar -20 Apr -20 May -20 Jun -20 ■ Regular Overtime Benefits -$35 0 2$30 $25 $20 $15 $10 $5 �m m Jul -19 Total Operating Expense $25 $zo Power Supply Expense II 11 11 11 '1 11 11 11 1 1 1 1 a? a? a? a? a? a? Jul -19 Aug -19 Sep -19 Oct -19 Nov -19 Dec -19 a? a? Jan -20 Feb -20 a? Mar -20 a? Apr -20 a? a May -20 Jun -20 ■ Transmission Generation T Personnel Expense: Year-to-date personnel costs of $36.4M are $9.5M (20.6%) lower than budget due to various vacancies and attrition. Power Supply Expense: Year-to-date power supply costs of $152.7M are $2.6M (1.7%) lower than budget primarily due to lower than anticipated consumption. Other Operating Expense: Year-to-date other operating expenses of $3.5M are $9.6M (73.4%) below budget due to timing of expenses and savings in other general operating expenses. T m m m m m m m m m m m Aug -19 Sep -19 Oct -19 Nov -19 Dec -19 Jan -20 Feb -20 Mar -20 Apr -20 May -20 Jun -20 ■ Personnel 0 Power Supply Other Operating Personnel Expense: Year-to-date personnel costs of $36.4M are $9.5M (20.6%) lower than budget due to various vacancies and attrition. Power Supply Expense: Year-to-date power supply costs of $152.7M are $2.6M (1.7%) lower than budget primarily due to lower than anticipated consumption. Other Operating Expense: Year-to-date other operating expenses of $3.5M are $9.6M (73.4%) below budget due to timing of expenses and savings in other general operating expenses.