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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Operating Revenues $ 1,592,586 $ 1,424,741 $ 1,418,338
Operating Expenses      
Fuel 399,914 302,637 358,394
Purchased Power 204,264 146,968 137,977
Transmission and Other PPFAC Recoverable Costs 65,583 52,860 52,261
Increase (Decrease) to Reflect PPFAC Recovery Treatment (64,155) 12,565 (42,836)
Total Fuel and Purchased Power 605,606 515,030 505,796
Operations and Maintenance 397,095 351,584 377,563
Depreciation 201,524 189,051 169,042
Amortization 43,995 28,754 27,706
Taxes Other Than Income Taxes 62,010 58,222 55,642
Total Operating Expenses 1,310,230 1,142,641 1,135,749
Operating Income 282,356 282,100 282,589
Other Income (Expense)      
Interest Expense (86,865) (88,214) (88,511)
Allowance For Borrowed Funds 6,624 9,480 5,744
Allowance For Equity Funds 17,885 22,847 15,222
Unrealized Gains on Investments 3,898 1,741 6,015
Other, Net 9,823 4,903 (491)
Total Other Income (Expense) (48,635) (49,243) (62,021)
Income Before Income Tax Expense 233,721 232,857 220,568
Income Tax Expense 32,476 41,452 34,053
Net Income $ 201,245 $ 191,405 $ 186,515