Table 8.3. Revenue and Expense Statistics for Major U.S. Investor-Owned Electric Utilities, 2011 through 2021 (Million Dollars)

Description
2011
2012
2013
2014
2015
2016
Utility Operating Revenues 280,520 270,912 281,901 298,430 282,695 282,499
......Electric Utility 255,573 249,166 257,718 271,832 260,121 261,047
......Other Utility 24,946 21,745 24,183 26,598 22,574 21,451
Utility Operating Expenses 247,118 235,694 244,316 258,936 242,728 239,037
......Electric Utility 228,873 220,722 227,483 240,643 228,366 226,457
............Operation 161,460 152,379 156,077 165,989 149,939 145,077
..................Production 122,520 111,714 115,046 123,366 107,201 100,852
........................Cost of Fuel 42,779 38,998 41,127 42,545 34,711 32,621
........................Purchased Power 61,447 54,570 55,529 62,066 52,970 49,962
........................Other 18,294 18,146 18,390 18,755 19,521 18,269
..................Transmission 6,876 7,183 7,881 8,902 9,624 10,447
..................Distribution 4,044 4,181 4,197 4,331 4,406 4,734
..................Customer Accounts 5,180 5,086 5,107 5,255 5,184 5,077
..................Customer Service 5,311 5,640 5,906 6,396 6,445 6,187
..................Sales 185 221 203 208 201 205
..................Administrative and General 17,343 18,353 17,738 17,532 16,878 17,575
............Maintenance 15,772 15,489 15,505 16,801 16,392 16,982
............Depreciation 22,555 23,677 24,723 25,919 26,847 30,097
............Taxes and Other 29,086 29,177 31,179 31,934 35,188 34,301
......Other Utility 18,245 14,972 16,833 18,293 14,362 12,579
Net Utility Operating Income 33,402 35,218 37,585 39,494 39,968 43,462

 

Description
2017
2018
2019
2020
2021
Utility Operating Revenues 286,501 293,868 293,000 294,756 329,138
......Electric Utility 263,265 268,421 266,876 269,869 299,956
......Other Utility 23,235 25,447 26,124 24,888 29,181
Utility Operating Expenses 240,041 253,944 250,136 240,802 271,078
......Electric Utility 226,110 238,526 234,892 227,084 253,979
............Operation 142,000 163,479 157,265 144,335 163,952
..................Production 98,859 104,185 99,518 93,505 110,775
........................Cost of Fuel 32,165 33,592 29,614 25,856 34,771
........................Purchased Power 49,030 53,060 50,378 50,407 61,627
........................Other 17,664 17,533 19,526 17,242 14,377
..................Transmission 10,804 11,387 11,941 12,949 15,310
..................Distribution 4,358 4,806 5,218 5,480 5,659
..................Customer Accounts 4,789 4,969 4,978 5,775 5,249
..................Customer Service 5,961 6,019 6,156 5,868 6,192
..................Sales 213 203 204 211 215
..................Administrative and General 17,016 31,911 29,248 20,546 20,553
............Maintenance 17,996 17,786 19,898 20,030 20,875
............Depreciation 30,323 32,125 34,883 38,208 39,666
............Taxes and Other 35,791 25,136 22,846 24,510 29,485
......Other Utility 13,931 15,418 15,245 13,718 17,100
Net Utility Operating Income 46,460 39,924 42,864 53,954 58,060

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.