08-28-2023 BPU RPT 14 - 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 511M' ldk Unaudited FY 2022/ _+ r 23 through April 30 2023 PUBLIC UTILITIES ELECTRIC Retail KWh Sales Total - YTD 1,812 11.869 11,857 c 2,000 .. 1,800 15.9 PA. 18. As of February 28, 2023, Governor Gavin Newsom issued a proclamation terminating California's COVID-19 State of Emergency, which also ended the City of Riverside's State of Emergency. RPU staff continue to monitor the financial impacts from COVID-19 to the Electric Utility. Retail Sales Revenue sno f $30 $20 $10 — $0 lu1-22 Aug -22 Sep -22 Oct -22 Nov -22 Dec -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 FACTUAL BUDGET PRIOR YEAR Year-to-date retail sales of $300.9M are $4.7M (1.6%) higher than budget due to higher than anticipated consumption. Current year actual retail sales are $17.7M (6.3%) higher than prior year due to an increase in consumption compared to the prior year and rate plan increases. Retail kWh sales reflect 0.7% higher than budget due to higher than anticipated consumption and 3.1% higher than prior year. OPERATING EXPENDITURES Personnel Expense o $9 f $1 $5 IlkM M M I $3 ■ 1 rill — A mA AA mA mA mA aA A; at; mm am am- Z -o Z -o Z -o Z -o Z -o Z -a Z -a q -a Za Z a Z v Z v 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 ■ Regular Overtime Benefits Total Operating Expense 0 $ao $35 $30 $2s $20 $15 $10 $5 s 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 Power Supply Expense $35 2 $30 $25 $20 — r7 $15 $30 m g m g m g a g m g a g m g a g m g a g m g a g Jul -22 Aug -22 Sep -22 Oct -22 Nov -22 Dec -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 ■ Transmission Generation Personnel Expense: Year-to-date personnel costs of $50.3M are $12.OM (19.3%) lower than budget due to various vacancies and attrition. Power Supply Expense: Year-to-date power supply costs of $224.1M are $22.4M (11.1%) higher than budget due to higher than expected energy costs. Other Operating Expense: Year-to-date other operating expenses of $8.9M are $12.6M (58.6%) below budget due to timing of expenses and savings in other general operating expenses. Retail KWh Sales Total - YTD 1,812 11.869 11,857 c 2,000 1,800 15.9 18. 1,600 — 1,400 768.7 1,200 1,000 800 371.2 600 400 656 200 0 YTDAprv22 YTDApr-23 YTD Budget -23 ■Residential ■Commercial Mindustrial Other Year-to-date retail sales of $300.9M are $4.7M (1.6%) higher than budget due to higher than anticipated consumption. Current year actual retail sales are $17.7M (6.3%) higher than prior year due to an increase in consumption compared to the prior year and rate plan increases. Retail kWh sales reflect 0.7% higher than budget due to higher than anticipated consumption and 3.1% higher than prior year. OPERATING EXPENDITURES Personnel Expense o $9 f $1 $5 IlkM M M I $3 ■ 1 rill — A mA AA mA mA mA aA A; at; mm am am- Z -o Z -o Z -o Z -o Z -o Z -a Z -a q -a Za Z a Z v Z v 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 ■ Regular Overtime Benefits Total Operating Expense 0 $ao $35 $30 $2s $20 $15 $10 $5 s 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 Power Supply Expense $35 2 $30 $25 $20 — r7 $15 $30 m g m g m g a g m g a g m g a g m g a g m g a g Jul -22 Aug -22 Sep -22 Oct -22 Nov -22 Dec -22 Jan -23 Feb -23 Mar -23 Apr -23 May -23 Jun -23 ■ Transmission Generation Personnel Expense: Year-to-date personnel costs of $50.3M are $12.OM (19.3%) lower than budget due to various vacancies and attrition. Power Supply Expense: Year-to-date power supply costs of $224.1M are $22.4M (11.1%) higher than budget due to higher than expected energy costs. Other Operating Expense: Year-to-date other operating expenses of $8.9M are $12.6M (58.6%) below budget due to timing of expenses and savings in other general operating expenses.