Back to List

Table 20. Composite Financial Indicators for Major U.S. Publicly Owned Nongenerator Electric Utilities, 1996-2000

Item 2000 1999 1998 1997 1996
Total Electric Utility Plant per Dollar of Revenue 1.3 1.3 1.3 1.5 1.2
Current Assets to Current Liabilities 2.1 2.3 2.2 2.3 2.1
Total Electric Utility Plant as a Percent of Total Assets 88.8 90.1 89.9 92.3 88.5
Net Electric Utility Plant as a Percent of Total Assets 55.3 56.1 56.3 60.7 55.6
Debt as a Percent of Total Liabilities 32.6 31.1 32.7 36.5 34.3
Depreciation, Amortization and Depletion as a Percent of Total Electric Utility Plant 37.7 37.8 37.4 34.2 37.2
Electric Operation and Maintenance Expenses as a Percent of Electric Utility Operating Revenues 87.9 87.1 87.6 86.8 88.6
Electric Depreciation and Amortization as a Percent of Electric Utility Operating Revenues 3.9 3.9 3.7 4.1 3.6
Taxes and Tax Equivalents as a Percent of Electric Utility Operating Revenues 2.5 2.4 2.5 2.6 2.4
Interest on Long-term Debt as a Percent of Electric Utility Operating Revenues 1.2 1.2 1.2 1.3 1.2
Net Income as a Percent of Electric Utility Operating Revenues 5.8 6.6 6.2 6.3 5.5
Purchased Power Cents Per Kilowatthour 4.2 4.1 4.1 4.0 4.0

Note: Totals may not equal sum of components because of independent rounding.  The number of publicly owned nongenerating electric utilities for end of period is 267 for 1999, 260 for 1998, 299 for 1997, 284 for 1996, and 286 for 1995.
       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.