PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

Depreciable property, plant and equipment as of September 30, 2024 and December 31, 2023 consist of the following (in thousands):

	September 30, 2024		December 31, 2023
Equipment	$	61,519	$	60,536
Office buildings and other structures	64,622		64,084
Transmission and distribution plant	301,530		289,550
Total property, plant and equipment	$	427,671	$	414,170

Depreciation of property, plant and equipment is computed based on the estimated useful lives as follows:

	Useful Lives
Equipment	3 to 30 years
Office buildings and other structures	30 years
Transmission and distribution plant	10 to 50 years