CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Utility Plant	$ 487,540	$ 467,589
Construction Work in Progress	6,160	4,013
Gross Utility Plant	493,700	471,602
Accumulated Provision for Depreciation	(133,673)	(127,383)
Net Utility Plant	360,027	344,219
Other Property and Investments	5,563	5,568
Cash and Cash Equivalents	1,012	952
Accounts Receivable (Less Allowance, 2011 - $1,088; 2010 - $1,061)	8,436	10,135
Accrued Unbilled Revenues	6,477	6,344
Materials and Supplies, at Average Cost	1,126	1,248
Prepayments and Other Current Assets	1,830	1,749
Total Current Assets	18,881	20,428
Restricted Cash	15,930	1,226
Unamortized Debt Issuance Expense	7,296	7,334
Unrecovered Income Taxes - Regulatory Asset	29,255	23,684
Pension Benefits - Regulatory Asset	13,862	6,296
Post-Retirement Benefits Other Than Pension - Regulatory Asset	3,967	5,451
Goodwill	3,608	3,608
Deferred Charges and Other Costs	6,442	6,385
Total Regulatory and Other Long-Term Assets	80,360	53,984
Total Assets	464,831	424,199
CAPITALIZATION AND LIABILITIES
Common Stock Without Par Value: Authorized - 25,000,000 Shares - Issued and Outstanding: 2011 - 8,755,398; 2010 - 8,676,849	72,345	70,024
Retained Earnings	46,669	43,603
Accumulated Other Comprehensive Loss	(825)	(436)
Common Stockholders' Equity	118,189	113,191
Preferred Stock	772	772
Long-Term Debt	135,256	111,675
Total Capitalization	254,217	225,638
Interim Bank Loans Payable	21,372	26,342
Accounts Payable and Accrued Expenses	7,166	6,552
Accrued Taxes	302	598
Accrued Interest	1,002	993
Other Current Liabilities	586	617
Total Current Liabilities	30,428	35,102
Advances for Construction	32,517	36,719
Contributions in Aid of Construction	60,679	55,761
Deferred Federal and State Income Taxes	31,075	29,024
Unfunded Future Income Taxes	29,255	23,684
Long-Term Compensation Arrangements	25,232	16,747
Unamortized Investment Tax Credits	1,313	1,376
Other Long-Term Liabilities	115	148
Commitments and Contingencies
Total Capitalization and Liabilities	$ 464,831	$ 424,199