Broad River Electric Cooperative, Inc. Balance Sheet as of Dec. 31, 2025
Because Broad River Electric is owned by its members, the cooperative annually releases to the membership a summary report of its finances. As a not-for-profit cooperative, revenue in excess of expenses is returned to members in the form of capital credits. This financial statement for the fiscal year 2025 is approved and presented by the Broad River Electric Board of Trustees.
STATEMENT OF OPERATIONS FOR YEAR END 2025
Operating Revenue $70,010,609
Power Cost (44,886,609)
Operating Expenses (14,939,751)
Depreciation (4,879,886)
Interest Expense (2,843,598)
Non-operating Margins 723,731
NET MARGINS $3,184,496
ASSETS
Net Utility Plant $135,232,111
Other Property and Investments 8,818,510
Current and Accrued Assets 19,777,567
Deferred Debits 11,369,744
TOTAL ASSETS $175,197,932
EQUITY AND LIABILITIES
Equity $52,862,389
Long-term Debt 85,563,027
Non-current Liabilities 4,726,237
Current Liabilities 29,296,279
Deferred Credits 2,750,000
TOTAL EQUITY AND LIABILITIES $175,197,932
Where your money goes
As members of Broad River Electric Cooperative, you have the right to know how your money is spent. The graphic below (and the text below the graphic) provide a comprehensive costs breakdown of purchasing and delivering power to our members.
- Cost of purchased power - 64.1%
- Depreciation - 7%
- Administration and general - 5.6%
- Property and other taxes - 4.9%
- Distribution expenses: maintenance and operations - 5.3%
- Interest expense - 4.1%
- Operating margins - 3.5%
- Customer service and accounts expense - 2.9%
- Right of way clearing - 2.6%