ELECTRICITY REVENUES AND COST OF REVENUES

6 Months Ended

Jun. 30, 2011

ELECTRICITY REVENUES AND COST OF REVENUES

NOTE 11 — ELECTRICITY REVENUES AND COST OF REVENUES

The components of electricity revenues and cost of revenues are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
	(Dollars in thousands)				(Dollars in thousands)
Revenues:
Energy and capacity	$	28,726	$	25,628	$	59,881	$	50,346
Lease portion of energy and capacity		51,792		42,507		98,234		83,223
Lease income		672		672		1,343		1,343
	$	81,190	$	68,807	$	159,458	$	134,912
Cost of revenues:
Energy and capacity	$	32,371	$	36,702	$	67,892	$	63,957
Lease portion of energy and capacity		28,531		25,486		57,636		51,443
Lease income		1,310		1,310		2,621		2,621
	$	62,212	$	63,498	$	128,149	$	118,021