Table 8.3. Revenue and Expense Statistics for Major U.S. Investor-Owned Electric Utilities, 2012 through 2022 (Million Dollars)

Description
2012
2013
2014
2015
2016
2017
Utility Operating Revenues 270,912 281,901 298,430 282,695 282,499 286,501
......Electric Utility 249,166 257,718 271,832 260,121 261,047 263,265
......Other Utility 21,745 24,183 26,598 22,574 21,451 23,235
Utility Operating Expenses 235,694 244,316 258,936 242,728 239,037 240,041
......Electric Utility 220,722 227,483 240,643 228,366 226,457 226,110
............Operation 152,379 156,077 165,989 149,939 145,077 142,000
..................Production 111,714 115,046 123,366 107,201 100,852 98,859
........................Cost of Fuel 38,998 41,127 42,545 34,711 32,621 32,165
........................Purchased Power 54,570 55,529 62,066 52,970 49,962 49,030
........................Other 18,146 18,390 18,755 19,521 18,269 17,664
..................Transmission 7,183 7,881 8,902 9,624 10,447 10,804
..................Distribution 4,181 4,197 4,331 4,406 4,734 4,358
..................Customer Accounts 5,086 5,107 5,255 5,184 5,077 4,789
..................Customer Service 5,640 5,906 6,396 6,445 6,187 5,961
..................Sales 221 203 208 201 205 213
..................Administrative and General 18,353 17,738 17,532 16,878 17,575 17,016
............Maintenance 15,489 15,505 16,801 16,392 16,982 17,996
............Depreciation 23,677 24,723 25,919 26,847 30,097 30,323
............Taxes and Other 29,177 31,179 31,934 35,188 34,301 35,791
......Other Utility 14,972 16,833 18,293 14,362 12,579 13,931
Net Utility Operating Income 35,218 37,585 39,494 39,968 43,462 46,460

 

Description
2018
2019
2020
2021
2022
Utility Operating Revenues 293,868 293,000 294,756 329,138 381,129
......Electric Utility 268,421 266,876 269,869 299,956 344,355
......Other Utility 25,447 26,124 24,888 29,181 36,774
Utility Operating Expenses 253,944 250,136 240,802 271,078 315,491
......Electric Utility 238,526 234,892 227,084 253,979 292,247
............Operation 163,479 157,265 144,335 163,952 196,589
..................Production 104,185 99,518 93,505 110,775 140,287
........................Cost of Fuel 33,592 29,614 25,856 34,771 49,486
........................Purchased Power 53,060 50,378 50,407 61,627 80,032
........................Other 17,533 19,526 17,242 14,377 10,768
..................Transmission 11,387 11,941 12,949 15,310 15,872
..................Distribution 4,806 5,218 5,480 5,659 5,973
..................Customer Accounts 4,969 4,978 5,775 5,249 5,658
..................Customer Service 6,019 6,156 5,868 6,192 6,659
..................Sales 203 204 211 215 255
..................Administrative and General 31,911 29,248 20,546 20,553 21,886
............Maintenance 17,786 19,898 20,030 20,875 21,834
............Depreciation 32,125 34,883 38,208 39,666 42,104
............Taxes and Other 25,136 22,846 24,510 29,485 31,720
......Other Utility 15,418 15,245 13,718 17,100 23,244
Net Utility Operating Income 39,924 42,864 53,954 58,060 65,638

Notes: Missing or erroneous respondent data may result in slight imbalances in some of the expense account subtotals.
Total may not equal sum of components due to independent rounding.
Sources: Federal Energy Regulatory Commission, FERC Form 1, "Annual Report of Major Electric Utilities, Licensees and Others via Ventyx Global Energy Velocity Suite.