Back to List

Table 7. Composite Statement of Income for Major U.S. Publicly Owned Generator Electric Utilities, 1996-2000
(Thousand Dollars)
Item 2000 1999 1998 1997 1996
Electric Utility Operating Revenues 31,842,783 26,766,900 26,154,732 25,397,219 24,207,226
Operation Expenses 19,574,554 15,385,920 15,119,684 14,917,174 13,768,044
Maintenance Expenses 1,814,899 1,686,120 1,631,484 1,608,781 1,637,828
Depreciation Expenses 3,441,966 3,241,178 3,240,505 3,080,165 2,871,448
Amort, Prop Losses and Reg Study 477,245 263,427 218,300 159,289 144,216
Taxes and Tax Equivalents 935,682 697,215 670,221 659,702 662,443
  Total Electric Utility Operating Expenses 26,244,346 21,273,860 20,880,194 20,425,111 19,083,980
Net Electric Utility Operating Income 5,598,437 5,493,040 5,274,538 4,972,108 5,123,246
Income from Electric Plant Leased to Others 28,640 11,341 17,528 17,953 25,914
   Electric Utility Operating Income 5,627,076 5,504,381 5,292,066 4,990,061 5,149,160
Other Electric Income 1,850,151 1,358,155 1,506,383 1,478,106 1,440,435
Other Electric Deductions 262,861 435,522 173,943 143,161 231,405
Allowance for Other Funds Used Construction 4,568 5,802 5,208 4,320 6,660
Taxes on Other Income and Deduct 2,722 1,967 2,250 5,279 4,431
   Electric Utility Income 7,216,213 6,430,849 6,627,465 6,324,047 6,360,419
Income Deductions from Interest Long-term Debt 4,071,856 3,810,418 3,984,982 4,119,946 4,155,829
Other Income Deductions 784,929 700,110 618,472 593,713 515,462
Allowance for Borrowed Funds Used During Construction -59,965 -42,694 -28,543 -31,829 -36,743
   Total Income Deductions 4,796,820 4,467,834 4,574,910 4,681,830 4,634,548
Income Before Extraordinary Items 2,419,393 1,963,015 2,052,555 1,642,217 1,725,871
Extraordinary Income 256,515 178,469 214,585 221,285 234,884
Extraordinary Deductions 430,659 364,813 335,307 234,542 237,188
   Net Income 2,245,249 1,776,671 1,931,833 1,628,959 1,723,567

Note: Totals may not equal sum of components because of independent rounding.  Detailed data are provided in Table 25.  The number of publicly owned generating electric utilities for end of period is 225 for 2000, 226 for 1999, 227 for 1998, 245 for 1997, and 231 for 1996.
       Source: Energy Information Administration, Form EIA-412, "Annual Report of Public Electric Utilities." Individual electric utilities report fiscal year data.  Appendix B shows the fiscal year for each electric utility.