Loading...
HomeMy WebLinkAbout12 Purchase Power Plan Agenda Item # 12 DistrictPublic Utility BUDGET To: Board of Directors From: Stephen Hollabaugh Date: September 02, 2009 Subject: 2010 & 2011 Budget: Purchase Power Plan 1. WHY THIS MATTER IS BEFORE THE BOARD This item begins the process for preparation of the 2010 and 2011 budget. 2. HISTORY In 2008 and 2009, the District started a diverse purchase power portfolio that now includes many different resources and had the goal of meeting the Renewable Portfolio Standard with conservation as a first resource. Additional goals were to provide an adequate, reliable and high quality electric supply to meet the current and future needs of the District. According to Title 3, Section 3.02.010 of the District Code, the General Manager shall submit to the Board of Directors a two year draft budget. The Purchase Power Plan is a part of the 2010 & 2011 draft budget. 3. NEW INFORMATION The 2010 and 2011 Purchase Power Plan continues with the goals of the 2009 plan. The District will maintain a more diversified purchase power portfolio that includes many different resources and has the goals of meeting the Renewable Portfolio Standard. The 2010 Purchase Power Plan projects a 2% decrease in load compared to 2009 with energy conservation and energy efficiency measures accounting for 1% to 3% of the load reduction. Greater conservation has and will reduce future market purchases. The 2011 Plan projects only a 1% growth compared to 2010 with conservation and energy efficiency measures again accounting for 1% to 3% of the load reduction. The budgeted load in MWh is shown below: Year Budgeted MWh 2009 163,000 2010 160,000 2011 162,000 PURCHASE POWER PLAN EXPENDITURES DETAIL 2010 BUDGET 2009 to 2010 BUDGET Budget $ BUDGET Purchased Power Costs 2009 2010 CHANGE Total Energy Supply-Various $ 10,307,465 $ 9,835,491 $ (471,974) $63.15 $61.47 ransmission-Siena Pacific Power Company $ 1,043,766 $ 1,043,766 $ - Scheduling-NCPA $ 61,200 $ 75,348 $ 14,148 Power Supply Costs from Market Purchases(NCPA) $ - $ - $ - APAcostl(cred it)toward MWh's ($1303396) $39,616 $170,012 Total Bulk Power Costs $ 11,282,034 $ 10,994,220 $ (287,814) -2.6% Total Annual MWh 163,220 160,000 -3,220 0 Total Delivered Cost$/MWH $69.1 $68.7 0.41 -0.59% The 2010 & 2011 Plans assume costs for natural gas, electric market purchases and renewable market purchases along with average hydro conditions. 4. FISCAL IMPACT There is no direct fiscal impact at this time. The final Purchase Power Plan will become part of the draft budget for 2010 & 2011. 5. RECOMMENDATION Receive this report and provide comments to staff. Stephen Hollabaugh Michael D. Holley Assistant General Manager General Manager