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Revenue (Tables)
 9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue

The following tables depict the disaggregation of revenue, including intercompany revenue, from contracts with customers by customer type and timing of revenue recognition for each of the reportable segments for the three and nine months ended September 30, 2023 and 2022. Sales tax and other similar taxes are excluded from revenues.

 

Three Months Ended September 30, 2023

Electric Utilities

 

Gas Utilities

 

Inter-segment Revenues

 

Total

 

Customer types:

(in thousands)

 

Retail

$

191,029

 

$

120,803

 

$

-

 

$

311,832

 

Transportation

 

-

 

 

42,654

 

 

(114

)

 

42,540

 

Wholesale

 

9,441

 

 

-

 

 

-

 

 

9,441

 

Market - off-system sales

 

12,999

 

 

25

 

 

-

 

 

13,024

 

Transmission/Other

 

18,092

 

 

9,607

 

 

(4,374

)

 

23,325

 

Revenue from contracts with customers

$

231,561

 

$

173,089

 

$

(4,488

)

$

400,162

 

Other revenues

 

5,768

 

 

1,196

 

 

-

 

 

6,964

 

Total revenues

$

237,329

 

$

174,285

 

$

(4,488

)

$

407,126

 

 

 

 

 

 

 

 

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

Services transferred at a point in time

$

7,843

 

$

-

 

$

-

 

$

7,843

 

Services transferred over time

 

223,718

 

 

173,089

 

 

(4,488

)

 

392,319

 

Revenue from contracts with customers

$

231,561

 

$

173,089

 

$

(4,488

)

$

400,162

 

 

Three Months Ended September 30, 2022

Electric Utilities

 

Gas Utilities

 

Inter-segment Revenues

 

Total

 

Customer types:

(in thousands)

 

Retail

$

211,489

 

$

157,203

 

$

-

 

$

368,692

 

Transportation

 

-

 

 

41,006

 

 

(99

)

 

40,907

 

Wholesale

 

13,667

 

 

-

 

 

-

 

 

13,667

 

Market - off-system sales

 

16,770

 

 

186

 

 

-

 

 

16,956

 

Transmission/Other

 

15,919

 

 

8,875

 

 

(4,148

)

 

20,646

 

Revenue from contracts with customers

$

257,845

 

$

207,270

 

$

(4,247

)

$

460,868

 

Other revenues

 

824

 

 

1,018

 

 

(98

)

 

1,744

 

Total revenues

$

258,669

 

$

208,288

 

$

(4,345

)

$

462,612

 

 

 

 

 

 

 

 

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

Services transferred at a point in time

$

7,928

 

$

-

 

$

-

 

$

7,928

 

Services transferred over time

 

249,917

 

 

207,270

 

 

(4,247

)

 

452,940

 

Revenue from contracts with customers

$

257,845

 

$

207,270

 

$

(4,247

)

$

460,868

 

 

Nine Months Ended September 30, 2023

Electric Utilities

 

Gas Utilities

 

Inter-segment Revenues

 

Total

 

Customer types:

(in thousands)

 

Retail

$

522,304

 

$

931,129

 

$

-

 

$

1,453,433

 

Transportation

 

-

 

 

131,410

 

 

(344

)

 

131,066

 

Wholesale

 

24,578

 

 

-

 

 

-

 

 

24,578

 

Market - off-system sales

 

37,487

 

 

349

 

 

-

 

 

37,836

 

Transmission/Other

 

54,727

 

 

28,833

 

 

(13,120

)

 

70,440

 

Revenue from contracts with customers

$

639,096

 

$

1,091,721

 

$

(13,464

)

$

1,717,353

 

Other revenues

 

10,015

 

 

12,200

 

 

-

 

 

22,215

 

Total revenues

$

649,111

 

$

1,103,921

 

$

(13,464

)

$

1,739,568

 

 

 

 

 

 

 

 

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

Services transferred at a point in time

$

24,344

 

$

-

 

$

-

 

$

24,344

 

Services transferred over time

 

614,752

 

 

1,091,721

 

 

(13,464

)

 

1,693,009

 

Revenue from contracts with customers

$

639,096

 

$

1,091,721

 

$

(13,464

)

$

1,717,353

 

 

Nine Months Ended September 30, 2022

Electric Utilities

 

Gas Utilities

 

Inter-segment Revenues

 

Total

 

Customer types:

(in thousands)

 

Retail

$

553,327

 

$

947,290

 

$

-

 

$

1,500,617

 

Transportation

 

-

 

 

125,196

 

 

(298

)

 

124,898

 

Wholesale

 

32,370

 

 

-

 

 

-

 

 

32,370

 

Market - off-system sales

 

32,590

 

 

602

 

 

-

 

 

33,192

 

Transmission/Other

 

46,535

 

 

27,794

 

 

(12,445

)

 

61,884

 

Revenue from contracts with customers

$

664,822

 

$

1,100,882

 

$

(12,743

)

$

1,752,961

 

Other revenues

 

4,764

 

 

2,967

 

 

(315

)

 

7,416

 

Total revenues

$

669,586

 

$

1,103,849

 

$

(13,058

)

$

1,760,377

 

 

 

 

 

 

 

 

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

Services transferred at a point in time

$

21,712

 

$

-

 

$

-

 

$

21,712

 

Services transferred over time

 

643,110

 

 

1,100,882

 

 

(12,743

)

 

1,731,249

 

Revenue from contracts with customers

$

664,822

 

$

1,100,882

 

$

(12,743

)

$

1,752,961