04-24-2023 BPU RPT 10 - Laserfiche WebLink

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W A T E R E N E R G Y L I F E F�� RPU FINANCIAL RESULTS ' ldk Unaudited FY 2022/23 through December 31 2022 PUBLIC UTILITIES / ELECTRIC Retail KWh Sales Total -YTD 1.206 1.269 1,216 • I g 1,200 '� �8. 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. Retail Sales Revenue "$45 2$40 $30 , $25 $20 $15 $10 $5 $0 Jul -22 Aug -22 Sep -22 Oct -22 Nov -22 Dm -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 FACTUAL BUDGET PRIOR YEAR Year-to-date retail sales of $199.7M are $8.8M (4.6%) higher than budget due to higher than anticipated consumption. Current year actual retail sales are $15.8M (8.6%) higher than prior year due to an increase in consumption compared to the prior year and rate plan increases. Retail kWh sales reflect 4.3% higher than budget due to higher than anticipated consumption and 5.2% higher than prior year. OPERATING EXPENDITURES Personnel Expense I 11 I lolinfffl Aug -22 Sep -22 0c122 Nov -22 Dec -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 ■ Regular Overtime ■ Benefits Total Operating Expense i $40 $35 $30 $25 $20 $15 $10 s A'6 M15 A15 4 15 4 u A15 415 M 15 A'a 415 a m a m a m a m a m a m a m a m a m a m a m a m Jul -22 Aug -22 Sep -22 Oct -22 Nov -22 Dec -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 0 Personnel 0 Power Supply Other Operating $35 $30 $25 $20 $15 $30 S- S 5 ml-zz Power Supply Expense 1111f,1111 1 1 1 1 1 1 Aug -22 5ep-22 0ct-22 Nov -22 Ott -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 ■ Transmission ::] Generation Personnel Expense: Year-to-date personnel costs of $30.5M are $8.4M (21.5%) lower than budget due to various vacancies and attrition. Power Supply Expense: Year-to-date power supply costs of $141.2M are $13.5M (10.6%) higher than budget due to higher than expected energy costs. Other Operating Expense: Year-to-date other operating expenses of $5.11M are $7.9M (60.9%) below budget due to timing of expenses and savings in other general operating expenses. Retail KWh Sales Total -YTD 1.206 1.269 1,216 1,400 g 1,200 9.5 �8. 1,000 — 488.5 800 600 7 400 200 o Dec -21 Dec -22 Budget -23 ■ Residential ■ Commercial ■ Industrial ■ Other Year-to-date retail sales of $199.7M are $8.8M (4.6%) higher than budget due to higher than anticipated consumption. Current year actual retail sales are $15.8M (8.6%) higher than prior year due to an increase in consumption compared to the prior year and rate plan increases. Retail kWh sales reflect 4.3% higher than budget due to higher than anticipated consumption and 5.2% higher than prior year. OPERATING EXPENDITURES Personnel Expense I 11 I lolinfffl Aug -22 Sep -22 0c122 Nov -22 Dec -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 ■ Regular Overtime ■ Benefits Total Operating Expense i $40 $35 $30 $25 $20 $15 $10 s A'6 M15 A15 4 15 4 u A15 415 M 15 A'a 415 a m a m a m a m a m a m a m a m a m a m a m a m Jul -22 Aug -22 Sep -22 Oct -22 Nov -22 Dec -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 0 Personnel 0 Power Supply Other Operating $35 $30 $25 $20 $15 $30 S- S 5 ml-zz Power Supply Expense 1111f,1111 1 1 1 1 1 1 Aug -22 5ep-22 0ct-22 Nov -22 Ott -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 ■ Transmission ::] Generation Personnel Expense: Year-to-date personnel costs of $30.5M are $8.4M (21.5%) lower than budget due to various vacancies and attrition. Power Supply Expense: Year-to-date power supply costs of $141.2M are $13.5M (10.6%) higher than budget due to higher than expected energy costs. Other Operating Expense: Year-to-date other operating expenses of $5.11M are $7.9M (60.9%) below budget due to timing of expenses and savings in other general operating expenses.