XML 22 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Electric Plant and Depreciation
6 Months Ended
Jun. 30, 2017
Public Utilities Property Plant And Equipment [Abstract]  
Electric Plant and Depreciation

3.

Electric Plant and Depreciation

The major classes of electric plant are as follows:

 

 

 

 

 

(In thousands)

 

June 30, 2017

 

 

December 31, 2016

 

Electric plant:

 

 

 

 

 

 

 

 

Transmission plant

 

$

1,236,848

 

 

$

1,203,164

 

Distribution plant

 

 

614,174

 

 

 

575,648

 

General plant

 

 

15,958

 

 

 

15,959

 

Total plant in service

 

 

1,866,980

 

 

 

1,794,771

 

Construction work in progress

 

 

111,706

 

 

 

107,189

 

Total electric plant

 

 

1,978,686

 

 

 

1,901,960

 

Accumulated depreciation

 

 

(268,266

)

 

 

(261,140

)

Electric plant, net

 

$

1,710,420

 

 

$

1,640,820

 

 

General plant consists primarily of a warehouse, buildings and associated assets. Construction work in progress (CWIP) relates to various transmission and distribution projects underway. The amounts of CWIP consist primarily of route development expenditures, labor and materials expenditures, right of way acquisitions, engineering services and legal fees. Electric plant, net includes plant acquisition adjustments of $27.2 million and $27.7 million as of June 30, 2017 and December 31, 2016, respectively.

See Note 17, Subsequent Events for information related to our proposed asset exchange transaction with Oncor.