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Otter Tail OTTR Utilities Operating Expense, Purchased Power
Utilities Operating Expense, Purchased Power at other companies
Other financials
Where this comes from
Reported directly by Otter Tail in its filing.
Tagged under the XBRL concept us-gaap:UtilitiesOperatingExpensePurchasedPower.
The source filing: Otter Tail’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 12:58 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001466593-26-000071
| (in thousands, except per-share amounts) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Total Operating Revenues | 334,383 | 333,043 | 681,409 | 670,396 |
| Operating Expenses | ||||
| Electric Production Fuel | 10,613 | 16,292 | 31,385 | 30,613 |
| Electric Purchased Power | 13,270 | 15,497 | 40,282 | 46,367 |
| Electric Operating and Maintenance Expenses | 54,692 | 46,804 | 104,948 | 95,685 |
| Cost of Products Sold (excluding depreciation) | 118,409 | 105,966 | 225,947 | 210,353 |
| Nonelectric Selling, General, and Administrative Expenses | 22,169 | 17,352 | 43,940 | 38,644 |
| Depreciation and Amortization | 30,811 | 29,447 | 60,789 | 58,822 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Otter Tail's utilities operating expense, purchased power?
- Otter Tail (OTTR) reported utilities operating expense, purchased power of $13.27M in Q2 2026.
- How has Otter Tail's utilities operating expense, purchased power changed year-over-year?
- Otter Tail's utilities operating expense, purchased power decreased by 14.4% year-over-year, from $15.5M to $13.27M.
- What is the long-term trend for Otter Tail's utilities operating expense, purchased power?
- Over 4 years (2021 to 2025), Otter Tail's utilities operating expense, purchased power has grown at a 4.7% compound annual growth rate (CAGR), from $65.41M to $78.66M.
- What does utilities operating expense, purchased power mean?
- This metric reflects the costs incurred by the utility segment to purchase electricity from third-party providers or wholesale markets to meet customer demand. It serves as a critical component of the total cost of energy supply, particularly when internal generation capacity is insufficient or uneconomical. Investors track this to assess the company's reliance on external power markets and its ability to manage supply chain costs.
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