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BLW finance presents January supplementals and fiscal update; reserves remain healthy
2254319 · February 10, 2025
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Summary
BLW finance reported January financials and supplementals showing revenues up year over year, continued cost volatility in natural gas/spot markets, and surplus reserves of about $30.4 million.
BLW Finance (presented by staff identified as Pacino) reviewed supplemental and financial metrics for the months ending in December and January, reporting several trends including lower-than-budgeted wholesale/spot market results for some periods but improved margins overall.
Pacino said the utility closed out 2024…
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