2023 Tri-State Investor Presentation
RESILIENCE
2022 TRI-STATE NUMBERS
Tri-State's financial position provides the association with the continued ability to meet the
future needs of the member distribution systems and their member-owners.
Energy sales
18.6M MWh Total Energy Sold
$1.5B
OPERATING REVENUE
16.5M MWh
MEMBER ENERGY SALES
2.1M MWh
NON-MEMBER ENERGY SALES
Pursuant to our master indenture, we are required to meet two main financial covenants: a
Debt Service Ratio (DSR) of 1.10 and an Equity to Capitalization Ratio (ECR) of at least 18%.
INDENTURE DSR FOR 2022 WAS
1.16
INDENTURE ECR FOR 2022 WAS
25.54%
3400
2700
2000
2020
2021
2022
*Total long-term debt continues to decline year-over-year
$62.6M
SAVED BY MEMBERS
THROUGH WHOLESALE
RATE REDUCTIONS
$4.9B
TOTAL ASSETS
Energy Sold to Members
Member Coincident Peak Demand
15.9 MWh
2,880 MW
2020
2020
15.7 MWh
2,974 MW
2021
2021
16.5 MWh
3,071 MW
2022
2022
2023 TRI-STATE INVESTOR PRESENTATION | 15View entire presentation