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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Revenues      
Electric Retail Sales $ 1,102,769 $ 1,087,279 $ 1,085,822
Electric Wholesale Sales 135,160 125,414 132,346
Gas Retail Sales 125,478 123,133 145,053
Other Revenue 121,153 125,940 115,481
Total Operating Revenues 1,484,560 1,461,766 1,478,702
Operating Expenses      
Fuel 332,279 327,832 324,520
Purchased Energy 252,532 224,696 276,610
Transmission and Other PPFAC Recoverable Costs 23,012 14,540 7,334
Increase (Decrease) to Reflect PPFAC/PGA Recovery Treatment (16,313) 32,246 (4,932)
Total Fuel and Purchased Energy 591,510 599,314 603,532
Operations and Maintenance 389,699 383,689 379,220
Depreciation 149,615 141,303 133,832
Amortization 27,557 35,784 30,983
Taxes Other Than Income Taxes 54,683 49,881 49,428
Total Operating Expenses 1,213,064 1,209,971 1,196,995
Operating Income 271,496 251,795 281,707
Other Income (Deductions)      
Interest Income 534 1,106 4,568
Other Income 7,880 4,928 7,958
Other Expense (3,463) (7,723) (5,278)
Appreciation in Fair Value of Investments 2,833 1,892 329
Total Other Income (Deductions) 7,784 203 7,577
Interest Expense [Abstract]      
Long-Term Debt 71,180 71,909 73,217
Capital Leases 25,140 33,613 40,359
Other Interest Expense 538 1,983 2,535
Interest Capitalized (3,483) (2,153) (3,753)
Interest Expense 93,375 105,352 112,358
Income Before Income Taxes 185,905 146,646 176,926
Income Tax Expense (Benefit) 58,427 55,727 66,951
Net Income 127,478 90,919 109,975
Weighted-Average Shares of Common Stock Outstanding (000)      
Basic (in shares) 41,618 40,362 36,962
Diluted (in shares) 41,975 41,755 41,609
Earnings Per Share      
Basic (in dollars per share) $ 3.06 $ 2.25 $ 2.98
Diluted (in dollars per share) $ 3.04 $ 2.20 $ 2.75
Dividends Declared Per Share (usd per share) $ 1.74 $ 1.72 $ 1.68
TUCSON ELECTRIC POWER COMPANY
     
Operating Revenues      
Electric Retail Sales 934,357 915,879 903,930
Electric Wholesale Sales 132,500 111,194 129,861
Other Revenue 129,833 134,587 122,595
Total Operating Revenues 1,196,690 1,161,660 1,156,386
Operating Expenses      
Fuel 325,903 318,901 318,268
Purchased Energy 112,452 80,137 105,766
Transmission and Other PPFAC Recoverable Costs 12,233 5,722 (1,435)
Increase (Decrease) to Reflect PPFAC/PGA Recovery Treatment (12,458) 31,113 (6,165)
Total Fuel and Purchased Energy 438,130 435,873 416,434
Operations and Maintenance 335,321 334,553 330,801
Depreciation 118,076 110,931 104,894
Amortization 31,294 39,493 34,650
Taxes Other Than Income Taxes 43,498 40,323 40,199
Total Operating Expenses 966,319 961,173 926,978
Operating Income 230,371 200,487 229,408
Other Income (Deductions)      
Interest Income 120 136 3,567
Other Income 5,770 3,953 5,364
Other Expense (10,715) (13,574) (12,064)
Appreciation in Fair Value of Investments 2,833 1,892 329
Total Other Income (Deductions) (1,992) (7,593) (2,804)
Interest Expense [Abstract]      
Long-Term Debt 56,378 55,038 49,858
Capital Leases 25,140 33,613 40,358
Other Interest Expense 87 1,446 1,127
Interest Capitalized (2,554) (1,782) (2,073)
Interest Expense 79,051 88,315 89,270
Income Before Income Taxes 149,328 104,579 137,334
Income Tax Expense (Benefit) 47,986 39,109 52,000
Net Income $ 101,342 $ 65,470 $ 85,334