The Causal Modeling or Path analysis has become a widely-used statistical method in many areas of study, such as in genetics, biology, social science, environmental science, economic, business, finance and sociology. In this study, causal modeling is used to analyze the relationship among variables of important indicators of the electricity company of the Republic of Indonesia. The variables discussed are Total number of Staff or Employees, Electric Power Installed in megawatts, Operating Cost in million rupees, Electric Power Product in megawatts, Electric Power Sales in megawatts, and Sales Revenue in million rupees. The results of analysis show that the proposed causal modeling indicates the relationships among those six important indicators of the electricity company are very significant and meaningful.