HomeMy WebLinkAbout13 Purchase Power 2015 Budget vs Actual
WORKSHOP ITEM #132015 Purchase Power Budget vs Actuals2015 Purchase Power Budget vs Actuals February 17, 2016
2015 Purchase Power Budget vs Actuals Risk analysis and 2015 forecast•Proposed resources for 2015•Future renewable resources•Diversified power supply plan•Conservation as first resource•Renewable
Portfolio Standard (RPS) target (State Requirement)•Mission statement and objectives•FY 14 & 15 Budget included “Purchase Power Plan”•Purchase Power Plan was approved on November 20,
2013•BACKGROUND / HISTORY 2015 Purchase Power Budget vs Actuals
2015 Purchase Power Budget vs Actuals MWh2015 Plan was based on a forecast of 164,729 •Purchase Power Plan included FY15 •BACKGROUND / HISTORY 2015 Purchase Power Budget vs Actuals
NEW INFORMATION 2015 Purchase Power Budget vs Actuals2015 Purchase Power Budget vs Actuals and energy consumption by our customersThe two major factors that affect purchase power costs
are resource costs •Energy consumption: 7.6% less than forecast•Energy cost: 8.6 % less than budgeted•Summary Budget vs Actual FY15•
NEW INFORMATION 2,595,115$1$11,509,180 Transmission FY15 ActualBudget$14,000,000$12,000,000$10,000,000$8,000,000$6,000,000$4,000,000$2,000,000$0-$2,000,000 2015 Purchase Power Budget
vs Actuals2015 Purchase Power Budget vs Actuals Budgeted vs Actual purchase power cost for 2015•
NEW INFORMATION hWM Energy Consumption2015 Monthly ActualBudgeted DECNOVOCTSEPTAUGJULYJUNEMAYAPRMARFEBJAN20,00018,00016,00014,00012,00010,0008,0006,0004,0002,0000 2015 Purchase Power
Budget vs Actuals2015 Purchase Power Budget vs Actuals Budgeted vs Actual monthly MWh consumption for 2015•
NEW INFORMATION 2008 Peak MW2009 Peak MW2010 Peak MW2011 Peak MW2012 Peak MW2013 Peak MW2014 Peak MW2015 Peak MW 2015through 2008 Actual Monthly Peak MW DECNOVOCTSEPTAUGJULYJUNEMAYAPRMARFEBJAN
40.035.030.025.020.015.010.05.00.0 2015 Purchase Power Budget vs Actuals2015 Purchase Power Budget vs Actuals Monthly Peak MW for 2008 through 2015•
NEW INFORMATION Sales MWhBudget MWhActual MWh MWhActual vs Budget vs Sales Total Bulk Power MWh /Year 170,000165,000160,000155,000150,000145,000140,000135,000130,000125,000120,000 2015
Purchase Power Budget vs Actuals2015 Purchase Power Budget vs Actuals MWhAnnual history of Actual vs Budget vs Sales •
NEW INFORMATION Resource Mix 2015WindLandfill GasSmall HydroUnspecified PoolNatural Gas 42%Carbon Free Resources24%Wind15%Landfill Gas3%Small Hydro48%Unspecified Pool10%Natural Gas 2015
Purchase Power Budget vs Actuals2015 Purchase Power Budget vs Actuals Actual Purchase Power Resources used for 2015•
NEW INFORMATION Five-year Market 2012-17 (Exist)Five-year Market 2017-22 (New)Trans Jordan - Land Fill GasStampede - Small HydroFallon Exchange for StampedePleasant Valley - WindNebo
Power Plant - Natural GasHorse Butte Wind - WindVeyo Heat Recovery 2017Open Position-UAMPS Pool / Mkt 180,000160,000140,000120,000100,00080,00060,00040,00020,0000 2015 Purchase Power
Budget vs Actuals2015 Purchase Power Budget vs Actuals 2022 Market Purchase-& 2017•VeyoWith •2025–) by Year 2014 MWhResources (•
NEW INFORMATION 47.3%63,338Totals29.0%38,786Wind17.8%23,854Gas*Landfill 0.5%698Hydro*Small % SalesREC'sMWh(CPUC)Eligible Renewables 2015 Purchase Power Budget vs Actuals2015 Purchase
Power Budget vs Actuals CEC definition of “Retail Sales” does not include water pumping or own use•quarter 2016 nd REC amounts will be finalized during 2••2017 thru 2020; 33% of retail
sales•2014 thru 2016; 25% of retail sales•2011 thru 2013; 20% of retail sales•Renewable Portfolio Standard (RPS) compliance periods and targets:•
NEW INFORMATION 2015 Purchase Power Budget vs Actuals2015 Purchase Power Budget vs Actuals CARB Cap and Trade Summary•
FISCAL IMPACT 5.6%Budgetvs Percent Difference, Actual 38.0 36.0District Peak Load, MW ActualBudgetPeak Load Information 1.1%-Budgetvs Percent Difference, Actual $75.61 $76.46 MWhPurchase
Cost per 8.6%-Budgetvs Percent Difference, Actual 1,085,935)$($ Over/(Under) Budget $11,509,180 $12,595,115 Total Power Purchase Cost$34,979 $0 Costs: WECC, WREGIS, etc.Misc$21,366
($28,012)WAPA cost/(credit)$0 $75,423 NCPA-Scheduling $591,015 $1,216,674 NV Energy-Transmission $10,861,819 $11,331,030 etcUAMPS, WAPA, -Total Energy Supply ActualBudgetPower Purchase
Costs 7.6%-Budgetvs Percent Difference, Actual 159,614164,729MWhTotal Energy Purchase, ActualBudget MWh Summary 2015 Budget vs Actual 2015 Purchase Power Budget vs Actuals2015 Purchase
Power Budget vs Actuals
RECOMMENDATION 2015 Purchase Power Budget vs Actuals2015 Purchase Power Budget vs Actuals Receive and comment on this report•