LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2014

LONG-TERM DEBT.

Schedule of long-term debt outstanding

At December 31, 2014 and 2013, the balance of long-term debt outstanding was as follows (in thousands):

	2014			2013
First mortgage bonds (EDE):
7.20% Series due 2016	$	25,000		$	25,000
6.375% Series due 2018(1)		90,000			90,000
4.65% Series due 2020(1)		100,000			100,000
3.58% Series due 2027(1)		88,000			88,000
3.73% Series due 2033(1)		30,000			30,000
5.875% Series due 2037(1)		80,000			80,000
5.20% Series due 2040(1)		50,000			50,000
4.32% Series due 2043(1)		120,000			120,000
4.27% Series due 2044(1)		60,000			—
First mortgage bonds (EDG):
6.82% Series due 2036(1)		55,000			55,000
		698,000			638,000
Senior Notes, 6.70% Series due 2033(1)		62,000			62,000
Senior Notes, 5.80% Series due 2035(1)		40,000			40,000
Other		4,167			4,441
Less unamortized net discount		(686	)		(739	)
		803,481			743,702
Less current obligations under capital lease		(292	)		(274	)
TOTAL LONG-TERM DEBT	$	803,189		$	743,428

(1) We may redeem some or all of the notes at any time at 100% of their principal amount, plus a make-whole premium, plus accrued and unpaid interest to the redemption date.

Long-term Debt Payout Schedule (Excluding Unamortized Discount)

Our long-term debt obligations over the next five years are as follows (in thousands):

	Payments Due By Period
Long-Term Debt Payout Schedule (Excluding Unamortized Discount (in thousands)	Total		Regulated Entity Debt Obligations		Capital Lease Obligations
2015	$	292	$	—	$	292
2016		25,308		25,000		308
2017		325		—		325
2018		90,347		90,000		347
2019		371		—		371
Thereafter		687,524		685,000		2,524
Total long-term debt obligations		804,167	$	800,000	$	4,167
Less current obligations and unamortized discount		978
TOTAL LONG-TERM DEBT	$	803,189