Cost of revenues and general and administrative expenses

12 Months Ended

Dec. 31, 2019

Cost of revenues and general and administrative expenses

Cost of revenues and general and administrative expenses

18. Cost of revenues and general and administrative expenses

	Year Ended December 31,
	2019		2018
Cost of revenues consist of:
Electricity	$	7,438,218	$	11,087,214
Depreciation		6,046,810		5,328,091
Fuel oil		5,315,676		5,434,995
Employee costs		6,597,755		5,127,831
Cost of plant sales		—		1,059,520
Maintenance		2,076,501		2,481,095
Retail license royalties		1,701,724		1,687,010
Insurance		1,279,997		996,563
Materials		6,151,064		3,102,533
Other		3,911,558		2,672,718
	$	40,519,303	$	38,977,570
	Year Ended December 31,
	2019		2018
General and administrative expenses consist of:
Employee costs	$	9,335,247	$	8,400,729
Insurance		866,457		751,541
Professional fees		1,178,621		1,250,634
Directors’ fees and expenses		969,279		845,891
Depreciation		139,817		186,790
NSC project expenses		2,343,249		2,855,827
Amortization of intangible assets		841,667		1,340,000
Other		3,674,621		3,078,007
	$	19,348,958	$	18,709,419