Investor Presentaiton
Electric System
Retail
•Growing overall system retail load, net 29%
increase in past 10 years and 13% in the past
5 years
•System is dual peaking
Summer 2023 peak 942MW (July)
•Winter 2024 peak 1014MW
(January)
Residential and irrigation rate base has
been stable with a large demonstrated growth
experienced in the commercial/industrial sector
•
Customer driven growth includes upfront
payments from customers for a connection fee
System capital investment in distribution.
and transmission infrastructure enabling
additional future growth
$300
Retail Revenue ($ Millions)
$1.26
$5.41
$250
$3.59
$2.69
$3.38
$200
$182.28
$189.63
$150
$153.38
$135.43
$133.85
$100
$24.93
$27.45
$28.76
$27.01
$27.77
$50
$46.84
$45.09
$46.21
$51.02
$50.70
800
700
600
500
400
2019
2020
2021
2022
2023
Residential
☐
Irrigation
Commercial and Industrial
☐
Governmental and Others
*Preliminary 2023 Data
5 Year Billed Retail Load (aMW)
667.1
611.7
617.7
589.5
579.2
300
200
100
23.7
28.8
29.8
25.4
27.3
0
2019
2020
2021
2022
2023
Unbilled Billed
*Preliminary 2023 DataView entire presentation