For Release: June 26, 2014
Contact: Brad Captain, Corporate Relations
Data Show kWh Sales Growth Rebounds for First Time Since 2010
DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) has compiled findings from its annual Key Ratio Trend Analysis (KRTA), an annual assessment of financial trends among electric distribution cooperatives nationwide.
“This year’s data show that the electric cooperative network has maintained several positive trends from recent years, including strengthened financial positions,” said Steve Kettler, CFC senior vice president, Strategic Business Development & Support Group.
The most recent KRTA data are based on information submitted by 815 electric cooperatives for the year ending Dec. 31, 2013. Notable trends include:
Except as required by law, CFC undertakes no obligation to update or publicly release any revisions to statements in this press release to reflect events, circumstances or changes in expectations after the date on which the release is issued.
The National Rural Utilities Cooperative Finance Corporation (CFC) is a nonprofit finance cooperative created and owned by America’s electric cooperative network.
With more than $23 billion in assets, CFC is committed to providing unparalleled industry expertise, flexibility and responsiveness to serve the needs of our member-owners. Visit us online at www.nrucfc.coop.
CFC developed the KRTA in 1975 to provide electric cooperative managers and board members a complete picture of their system’s financial performance and to help them analyze results compared with medians from other electric cooperatives. Medians are used as opposed to averages, which can be skewed by extreme responses. The KRTA is based on unaudited data reported by electric distribution cooperatives.