XML 21 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9
SHORT-TERM BORROWINGS (Details) (USD $)
12 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Oct. 20, 2014
item
Oct. 19, 2014
Short-Term Borrowings          
Short-term borrowings $ 44,000,000us-gaap_ShortTermBorrowings $ 4,000,000us-gaap_ShortTermBorrowings      
Average borrowings outstanding 30,000,000us-gaap_ShorttermDebtAverageOutstandingAmount 8,700,000us-gaap_ShorttermDebtAverageOutstandingAmount      
Highest month-end balances 77,000,000us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount 29,000,000us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount      
Weighted average interest rate during period (as a percent) 0.38ede_ShortTermDebtInterestRateDuringPeriod 0.69ede_ShortTermDebtInterestRateDuringPeriod      
Weighted average interest rate at year end (as a percent) 0.44%us-gaap_ShortTermDebtWeightedAverageInterestRate 0.33%us-gaap_ShortTermDebtWeightedAverageInterestRate      
Debt issuance costs 651,000us-gaap_PaymentsOfDebtIssuanceCosts 1,879,000us-gaap_PaymentsOfDebtIssuanceCosts 1,074,000us-gaap_PaymentsOfDebtIssuanceCosts    
Commercial paper          
Short-Term Borrowings          
Short-term borrowings 44,000,000us-gaap_ShortTermBorrowings
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_CommercialPaperMember
       
Outstanding borrowings 0us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_CommercialPaperMember
       
Amount of credit facility used to back up outstanding commercial paper borrowings 44,000,000ede_LineOfCreditFacilityCapacitySupportingOutstandingCommercialPaperBorrowings
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_CommercialPaperMember
       
Unsecured revolving credit facility          
Short-Term Borrowings          
Unsecured revolving credit facility       200,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
150,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
Maturity term       5 years  
Number of extensions       2ede_DebtInstrumentTermNumberOfExtensions
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
 
Extension period       1 year  
Facility fee is payable quarterly on the full amount of the commitments under the facility based on our current credit ratings (as a percent) 0.175%ede_FacilityFeePayableQuarterlyFullAmountCommitmentsUnderFacilityBasedOnCreditRatings
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
       
Debt issuance costs 300,000us-gaap_PaymentsOfDebtIssuanceCosts
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
       
Maximum percentage of total indebtedness to total capitalization under the financial covenants of the credit facility agreement 65.0ede_LineOfCreditFacilityMaximumDebtToCapitalRatioCovenantCompliance
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
       
Minimum interest coverage ratio based on EBITDA under the financial covenants of the credit facility agreement 0.52ede_LineOfCreditFacilityMinimumInterestCoverageRatioCovenantCompliance
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
       
EBITDA coverage ratio over interest charges 1.0ede_LineOfCreditFacilityInterestCoverageRatio
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
       
Aggregate amount of default on other indebtedness subject to cross-default under the terms of the credit facility. 25,000,000ede_LineOfCreditFacilityCrossDefaultProvisionOtherIndebtedness
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
       
Outstanding borrowings 0us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
       
Unsecured revolving credit facility | Federal fund effective rate          
Short-Term Borrowings          
Margin over the base rate (as a percent) 0.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_VariableRateAxis
= ede_DebtInstrumentVariableRateBaseFederalFundEffectiveRateMember
       
Unsecured revolving credit facility | One month LIBOR          
Short-Term Borrowings          
Description of interest rate basis one month LIBOR        
Margin over the base rate (as a percent) 1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_VariableRateAxis
= ede_DebtInstrumentVariableRateBaseOneMonthLIBORMember
       
Unsecured revolving credit facility | One month, two month or three month LIBOR          
Short-Term Borrowings          
Description of interest rate basis one month, two month, three month or six month LIBOR        
Margin over the base rate (as a percent) 1.025%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_VariableRateAxis
= ede_DebtInstrumentVariableRateBaseOneMonthTwoMonthAndThreeMonthLIBORMember
       
Letters of credit          
Short-Term Borrowings          
Unsecured revolving credit facility       20,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LetterOfCreditMember
 
Additional borrowing capacity 75,000,000ede_LineOfCreditFacilityAdditionalBorrowingCapacity
/ us-gaap_ShortTermDebtTypeAxis
= us-gaap_LetterOfCreditMember
       
Swingline loan          
Short-Term Borrowings          
Unsecured revolving credit facility       $ 20,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_ShortTermDebtTypeAxis
= ede_SwinglineLoanMember