Page 9 - Electric News March April 2021

Norris Public Power District
December 31, 2020 And 2019
Statements of Revenues, Expenses and Changes in Net Position
Statements of Net Position
2020
Rural residential
Towns and villages
Irrigation 6,336,261
2019
$21,765,086 9,034,556 4,815,652
8,619,407 32,514,892
288,400 1,280,723 5,116,791
(3,258) 918,613 84,350,862
60,054,707 7,740,334
4,182,720
6,687,606
78,665,367
5,685,495 942,371 $6,627,866
Assets
Net capital assets Cash and investments Accounts receivable Other assets
Total Assets
Liabilities and Net Position
Total net position
Total long-term debt
Other long-term liabilities
Current liabilities
Deferred gain on sale of a portion of service territory
Total Liabilities and Net Position
2020
$148,678,825 45,546,822 7,600,380 8,711,376 $210,537,403
$180,247,199 6,226,151 6,887,621 15,383,511
1,792,921
$210,537,403
2019
$147,061,286 39,423,779 8,209,480 8,603,488 $203,298,033
$174,184,887 7,031,609 6,819,848 15,261,689
-
$203,298,033
2019
24,545 6,204 1,014,456,765 $0.0822 1,061,048,529 $0.0566 192MW July 61.90% $9,314,604
Operating Revenue
$20,150,015 8,527,459
2020 FINANCIAL REPORT 9
Small commercial
Large commercial and industrial
Public street lighting
Annual services
Sales for resale
Unbilled revenue adjustment Other revenues
Total Operating Revenue
Operating Expenses
Cost of power
Operations and maintenance
Administrative, customer and general
8,269,232 31,121,088
278,411 1,112,325 4,614,807
(8,270) 849,633 81,250,961
57,388,588 7,791,417
System Statistics
4,122,290 Depreciation 6,773,297
Total Services
Miles of Line
Total kWh Sold
Average Revenue per kWh Sold Total kWh Purchased
Average Power Cost per kWh System Peak Demand
Month of Peak Demand Annual Actual Load Factor Capital Expenditures
Norris Public Power District Uses of Revenues
For the Year Ended
December 31, 2020
2020
24,663 6,214 1,012,425,469 $0.0794 1,056,850,579 $0.0543 202 MW August 58.66% $8,839,148
Total Operating Expenses
Net Margins
Operating margins Nonoperating margins Total Net Margins
Norris Public Power District Sources of Revenues
For the Year Ended
December 31, 2020
d Large Power d Residential d Commercial d Irrigation
d Wholesale
d Other
d Nonoperating
76,075,592
5,175,369 886,943 $6,062,312
10.0%
34.8%
37.8%
7.7%
5.6% 2.7% 1.4%
9.5%
8.2%
7.4% 5.0%
Total Uses of Revenues for 2020 were $82,408,225
Total Sources of Revenues for 2020 were $82,408,225
Operations and Maintenance
Depreciation
Net Margins
Administrative, Customer and General
Financing Charges
d
d
d
d
d
d
Purchased Power
69.6%
0.3%
MARCH/APRIL 2021