Revenues (Tables)

12 Months Ended

Dec. 31, 2023

The following tables disaggregate revenues by major source, timing of revenue recognition, and segment:


	Year ended December 31, 2023								Year ended December 31, 2022
(in thousands)	Electric utility		Bank		Other		Total		Electric utility		Bank		Other		Total
Revenues from contracts with customers
Electric energy sales - residential	$	1,026,321	$	—	$	—	$	1,026,321	$	1,078,372	$	—	$	—	$	1,078,372
Electric energy sales - commercial	1,044,045		—		—		1,044,045		1,087,485		—		—		1,087,485
Electric energy sales - large light and power	1,141,128		—		—		1,141,128		1,221,608		—		—		1,221,608
Electric energy sales - other	19,471		—		—		19,471		17,063		—		—		17,063

Bank fees	—		48,781		—		48,781		—		48,883		—		48,883
Other sales	—		—		17,540		17,540		—		—		11,804		11,804
Total revenues from contracts with customers	3,230,965		48,781		17,540		3,297,286		3,404,528		48,883		11,804		3,465,215
Revenues from other sources
Regulatory revenue	3,708		—		—		3,708		(29,124)		—		—		(29,124)
Bank interest and dividend income	—		334,783		—		334,783		—		265,874		—		265,874
Other bank noninterest income	—		11,099		—		11,099		—		6,311		—		6,311
Other	34,848		—		442		35,290		33,183		—		526		33,709
Total revenues from other sources	38,556		345,882		442		384,880		4,059		272,185		526		276,770
Total revenues	$	3,269,521	$	394,663	$	17,982	$	3,682,166	$	3,408,587	$	321,068	$	12,330	$	3,741,985
Timing of revenue recognition
Services/goods transferred at a point in time	$	—	$	48,781	$	—	$	48,781	$	—	$	48,883	$	—	$	48,883
Services/goods transferred over time	3,230,965		—		17,540		3,248,505		3,404,528		—		11,804		3,416,332
Total revenues from contracts with customers	$	3,230,965	$	48,781	$	17,540	$	3,297,286	$	3,404,528	$	48,883	$	11,804	$	3,465,215