KUA Releases 2003 Annual Report

The report -- titled "On" -- features a financial summary of 2003 as well as a narrative on the many ways electricity impacts our daily lives.

KISSIMMEE, FL January 31 2004--Kissimmee Utility Authority, Florida's sixth largest community-owned electric utility, released its 2003 annual report today. An electronic version of the report is available on KUA's website at http://www.kua.com/corporate.

The report -- titled "On" -- features a financial summary of 2003 as well as a narrative on the many ways electricity impacts our daily lives. Society has come to depend on electricity as an essential resource for all aspects of modern life, including health, food and water, heating and cooling, computers, electronics, communication and even entertainment. KUA's report brings attention to just a few of the many luxuries, conveniences and life-saving devices that exist because electricity powers them.

"We chose 'On' as our theme because everything about KUA in 2003 was on," said KUA president and general manager Jim Welsh. "We were on target, on message and relied on. We worked hard, and it showed."

Audited financial statements in the report show increased residential customer growth in 2003 of 12 percent. Energy sales grew by 8.4 percent.

Printed copies of the report are available by contacting the utility's Corporate Communications department at P.O. Box 423219, Kissimmee, FL 34742-3219, or by phoning 407-933-7777, extension 1118.

Founded in 1901, KUA is Florida's sixth largest community-owned utility providing electric, water, and communication services to 165,000 residents in five Central Florida counties.

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