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Elk River Municipal Utilities
<br />Elk River, Minnesota
<br />Electric Fund
<br />Summary of Operations and Unaudited Statistics
<br />For the Years Ended December 31, 2010 through December 31, 2019
<br />Summary of Operations
<br />2010201120122013
<br />Operating Revenues
<br />Sales of electricity$26,060,301$27,894,341$30,070,045$30,978,790
<br />Other operating revenues (expenses)732,261689,645188,645(132,411)
<br />Total Operating Revenues26,792,56228,583,98630,258,69030,846,379
<br />Operating Expenses
<br />Purchased power18,373,38619,604,95120,499,77321,254,950
<br />Distribution1,892,2121,960,7421,909,8451,970,341
<br />Services to the City434,415474,934481,907498,146
<br />Depreciation2,062,9422,041,7172,099,5942,029,496
<br />Other operating expenses2,399,2362,350,7062,359,1932,374,959
<br />Total Operating Expenses25,162,19126,433,05027,350,31228,127,892
<br />Operating Income1,630,3712,150,9362,908,3782,718,487
<br />Capital Contributions----
<br />Transfers from Other City Funds53,741---
<br />Transfers to Other City Funds(657,086)(711,415)(816,864)(781,162)
<br />Special Item----
<br />Nonoperating Revenues(154,956)(105,604)28,531(30,658)
<br />Net Income$872,070$1,333,917$2,120,045$1,906,667
<br />Percent of Change
<br />Sales of electricity10.465%7.038%7.800%3.022%
<br />Purchased power13.687%6.703%4.564%3.684%
<br />Percent of Revenues
<br />Purchased power68.576%68.587%67.748%68.906%
<br />Unaudited Statistics
<br />Miscellaneous
<br />2010201120122013
<br />kWh's purchased 264,642,834 276,026,892 287,553,108 290,025,919
<br />kWh's sold 250,711,834 261,235,297 273,455,846 273,945,354
<br />Line loss13,931,00014,791,59514,097,26216,080,565
<br />Percent of line loss5.264%5.359%4.902%5.545%
<br />Revenues Per kWh Sold$0.1039$0.1068$0.1100$0.1131
<br />Cost Per kWh Purchased$0.0694$0.0710$0.0713$0.0733
<br />Number of Customers9,2079,2279,2859,358
<br />Total Contribution/Transfers to City$657,086$711,415$816,864$781,162
<br />56
<br />146
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