CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Operating Revenues
Electric Retail Sales	$ 302,975	$ 285,419	$ 527,545	$ 506,279
Electric Wholesale Sales	33,309	30,654	76,730	65,052
Gas Retail Sales	21,911	20,013	60,481	71,002
Other Revenue	28,411	29,131	55,242	55,025
Total Operating Revenues	386,606	365,217	719,998	697,358
Operating Expenses
Fuel	69,418	86,459	137,253	168,148
Purchased Energy	84,060	57,796	153,843	121,955
Transmission and Other PPFAC Recoverable Costs	6,142	4,521	12,670	7,707
Increase (Decrease) to Reflect PPFAC/PGA Recovery Treatment	(12,517)	2,074	(21,437)	(3,294)
Total Fuel and Purchased Energy	147,103	150,850	282,329	294,516
Operations and Maintenance	91,621	95,143	185,057	185,043
Depreciation	39,563	36,671	78,644	72,970
Amortization	6,455	8,119	12,631	16,408
Taxes Other Than Income Taxes	14,942	13,631	29,750	27,723
Total Operating Expenses	299,684	304,414	588,411	596,660
Operating Income	86,922	60,803	131,587	100,698
Other Income (Deductions)
Interest Income	169	19	249	28
Other Income	2,538	1,734	4,680	3,502
Other Expense	(958)	(807)	(1,688)	(1,380)
Appreciation in Fair Value of Investments	624	94	879	1,133
Total Other Income (Deductions)	2,373	1,040	4,120	3,283
Interest Expense
Long-Term Debt	19,167	17,700	37,055	35,954
Capital Leases	3,925	6,249	7,846	12,498
Other Interest Expense	307	346	790	(47)
Interest Capitalized	(1,295)	(745)	(2,318)	(1,420)
Interest Expense	22,104	23,550	43,373	46,985
Income Before Income Taxes	67,191	38,293	92,334	56,996
Income Tax Expense	24,837	3,675	34,505	11,033
Net Income	42,354	34,618	57,829	45,963
Weighted-Average Shares of Common Stock Outstanding (000)
Basic (in shares)	41,781	41,598	41,759	41,569
Diluted (in shares)	42,145	41,921	42,115	41,898
Earnings Per Share
Basic (in dollars per share)	$ 1.01	$ 0.83	$ 1.38	$ 1.11
Diluted (in dollars per share)	$ 1.01	$ 0.83	$ 1.37	$ 1.10
Dividends Declared Per Share (usd per share)	$ 0.48	$ 0.435	$ 0.96	$ 0.87
TUCSON ELECTRIC POWER COMPANY
Operating Revenues
Electric Retail Sales	257,790	243,635	443,805	428,515
Electric Wholesale Sales	32,555	29,542	74,639	63,940
Other Revenue	31,273	31,086	58,687	59,559
Total Operating Revenues	321,618	304,263	577,131	552,014
Operating Expenses
Fuel	68,334	84,553	135,964	165,351
Purchased Energy	52,906	28,410	75,521	47,338
Transmission and Other PPFAC Recoverable Costs	3,552	1,730	7,461	2,595
Increase (Decrease) to Reflect PPFAC/PGA Recovery Treatment	(13,061)	5,274	(14,791)	2,914
Total Fuel and Purchased Energy	111,731	119,967	204,155	218,198
Operations and Maintenance	79,772	82,011	161,117	159,835
Depreciation	31,080	28,861	61,891	57,418
Amortization	7,377	9,052	14,476	18,275
Taxes Other Than Income Taxes	12,005	10,939	23,840	22,108
Total Operating Expenses	241,965	250,830	465,479	475,834
Operating Income	79,653	53,433	111,652	76,180
Other Income (Deductions)
Interest Income	165	12	174	8
Other Income	2,187	1,270	4,099	2,438
Other Expense	(2,694)	(2,472)	(4,809)	(4,717)
Appreciation in Fair Value of Investments	624	94	879	1,133
Total Other Income (Deductions)	282	(1,096)	343	(1,138)
Interest Expense
Long-Term Debt	15,507	13,991	29,747	28,564
Capital Leases	3,925	6,249	7,846	12,498
Other Interest Expense	140	192	453	(168)
Interest Capitalized	(1,104)	(534)	(2,028)	(1,027)
Interest Expense	18,468	19,898	36,018	39,867
Income Before Income Taxes	61,467	32,439	75,977	35,175
Income Tax Expense	22,742	1,652	28,080	2,909
Net Income	$ 38,725	$ 30,787	$ 47,897	$ 32,266