04-11-2022 BPU RPT 22 - Laserfiche WebLink

Home

W A T E R E N E R G Y L I F E RPU FINANCIAL RESULTS PUBLIC UTILITIES Unaudited FY 2021/22 through January 31, 2022 ELECTRIC •IMPACTSM Due to the continued COVID-19 pandemic, RPU recognizes that there will be impacts to the financial results of the Electric Utility, which staff will continue to monitor. _;$40 � $35 $30 $25 $20 $15 $10 $5 $0 Retail Sales Revenue 1� Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 FACTUAL � BUDGET --PRIOR YEAR Year-to-date retail sales of $209.2M are $0.7M (0.4%) higher than budget due to higher than anticipated consumption. Current year actual retail sales are $6.1M (3.0%) higher than prior year due to rate plan increases. Retail kWh sales reflect 0.7% higher than budget due to higher than anticipated consumption and 0.7% higher than prior year. Personnel Expense $7 $6 $S $4 '$3 1 f$I I a m' a m a m' a m a m' a m a m' Jul -21 Aug -21 Sep -21 0 -21 Nav-21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 ® Regular Overtime Benefits Total Operating Expense 0 $35 2$30 $25 $20 $15 $10 $5 m1 flt � m� Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 0 Personnel ■ Power Supply Other Operating Power Supply Expense $zs Retail KWh Sales Total - YTD 1.355 1.365 1,355 1,600 0 1'400 11.2 11.4 13.2 1,200 SS1.2 557.2 579,7 1,000 800 600 250.1 274.7 284.3 400 200 2 521.5 478.2 h 0 $10 Jan -21 Jan -22 Budget -22 ■ Residential ■ Commercial Industrial Other Year-to-date retail sales of $209.2M are $0.7M (0.4%) higher than budget due to higher than anticipated consumption. Current year actual retail sales are $6.1M (3.0%) higher than prior year due to rate plan increases. Retail kWh sales reflect 0.7% higher than budget due to higher than anticipated consumption and 0.7% higher than prior year. Personnel Expense $7 $6 $S $4 '$3 1 f$I I a m' a m a m' a m a m' a m a m' Jul -21 Aug -21 Sep -21 0 -21 Nav-21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 ® Regular Overtime Benefits Total Operating Expense 0 $35 2$30 $25 $20 $15 $10 $5 m1 flt � m� Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 0 Personnel ■ Power Supply Other Operating Power Supply Expense $zs $20 $15 $10 Jul -21 Aug -21 Sep -21 Oc121 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 ■Transmission ■Generation Personnel Expense: Year-to-date personnel costs of $30.1M are $8.9M (22.8%) lower than budget due to various vacancies and attrition. Power Supply Expense: Year-to-date power supply costs of $142.OM are $6.OM (4.4%) higher than budget due to higher-than-expected energy costs. Other Operating Expense: Year-to-date other operating expenses of $2.7M are $7.6M (74.0%) below budget due to timing of expenses and savings in other general operating expenses.