Cost of revenues and general and administrative expenses

12 Months Ended

Dec. 31, 2018

Cost of revenues and general and administrative expenses [Abstract]

Cost of revenues and general and administrative expenses [Text Block]

18. Cost of revenues and general and administrative expenses

	Year Ended December 31,
	2018		2017
Cost of revenues consist of:
Electricity	$	11,087,214	$	9,722,210
Depreciation		5,328,091		5,553,423
Fuel oil		5,434,995		4,423,264
Employee costs		5,127,831		5,344,251
Cost of plant sales		1,059,520		-
Maintenance		2,481,095		2,443,629
Retail license royalties		1,687,010		1,537,879
Insurance		996,563		944,366
Materials		3,102,533		2,836,240
Other		2,672,718		2,563,199
	$	38,977,570	$	35,368,461
General and administrative expenses consist of:
Employee costs	$	8,400,729	$	8,061,686
Insurance		751,541		734,003
Professional fees		1,250,634		1,375,965
Directors’ fees and expenses		845,891		804,110
Depreciation		158,404		164,025
NSC project expenses		2,884,213		3,011,710
Amortization of Intangibles		1,340,000		1,363,849
Other		3,078,007		3,167,051
	$	18,709,419	$	18,682,399