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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
OPERATING REVENUES (Note 4) $ 1,149,597 $ 1,032,280
OPERATING EXPENSES    
Fuel and purchased power 436,729 380,071
Operations and maintenance 276,700 300,109
Depreciation and amortization 239,858 234,940
Taxes other than income taxes 61,972 59,354
Other expense 3,164 584
Total 1,018,423 975,058
OPERATING INCOME 131,174 57,222
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 14,782 13,249
Pension and other postretirement non-service credits, net (Note 8) 3,982 2,958
Other income (Note 12) 4,981 17,461
Other expense (Note 12) (2,740) (2,570)
Total 21,005 31,098
INTEREST EXPENSE    
Interest charges 125,759 104,943
Allowance for borrowed funds used during construction (9,863) (10,102)
Total 115,896 94,841
Income (Loss) Before Income Taxes 36,283 (6,521)
Income taxes (benefit) 1,169 (6,183)
NET INCOME (LOSS) 35,114 (338)
Less: Net income attributable to noncontrolling interests (Note 9) 2,194 4,306
Net Income (Loss) Attributable to Common Shareholders $ 32,920 $ (4,644)
Weighted average common shares outstanding — basic (in shares) 121,360 119,594
Weighted-average common shares outstanding — diluted (in shares) 123,778 119,594
Earnings Per Weighted-Average Common Share Outstanding    
Net income (loss) attributable to common shareholders - basic (in dollars per share) $ 0.27 $ (0.04)
Net income (loss) attributable to common shareholders - diluted (in dollars per share) $ 0.27 $ (0.04)