City Power & Light Department 2015-2016 Budget Presentation - PowerPoint PPT Presentation

City Power & Light Department 2015-2016 Budget Presentation

Mission Statement To provide affordable, reliable and customer-oriented electric energy services.

Employee Information (+1) 9 16 Administration 48 Support Svcs 68 Production Engineering Trans & Dist Operations 75 23 Total: 239 (-2) (+1) Source: Operating Budget, page 258

SOURCES OF BUDGET DOLLARS • Operating Revenues $140,786,000 • Other Income 1,496,545 • Total Sources $142,282,545 Source: Operating Budget, page 248

Operating Revenues $140,786,000 3.6% 43.2% Residential Commercial Industrial 53.2%

Annual Energy Sales (MWH) Projected 1,300,000 1,200,000 1,100,000 1,000,000 900,000 800,000 700,000 600,000 500,000 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

USES OF BUDGET DOLLARS • Operating Expenses – Power & Light Direct $109,912,847 – Non-Department Charges 22,715,023 – Debt Service 8,946,957 • Capital Expenditures 12,127,550 • Total Uses $153,702,377 Source: Operating Budget, page 248

Operating Budget – Power & Light $109,912,847 2.7% 10.1% 10.8 Administration 3.0 Support Services 13.5 Fuel/Purchased Power Engineering Production 3.8% Operations Transmission & Distribution 56.1% Source: Operating Budget, page 258

Operating Budget Power & Light Proposed FY 15-16: $109,912,847 Budget from FY 14-15: $111,052,304 Proposed Change: <$1,139,457> Source: Operating Budget, page 258

Capital Budget Power & Light (millions of dollars) Blue Valley Units 1 & 2 Inspection/Repair $ 2.0 Substation Hot Gas Path Inspection $ 1.3 Combustion Turbine Upgrades $ 1.4 Substations I, J & L Improvements $ 3.6 Substation B to C Line Improvements $ 2.5 New Billing System $ .5 Other $ .8 TOTAL CAPITAL IMPROVEMENTS $12.1 Source: Operating Budget, page 258

Overall Budget Summary Beginning Available Resources $35,400,000 Sources - Revenues +$142,282,000 Uses - Expenses & Capital ($153,702,000) Net Use FY 2015-16 ($11,420,000) Ending Available Resources $23,980,000 Source: Operating Budget, page 248

Rate Comparison Average monthly bills – favorable/(unfavorable) KCPL KCPL (GMO) KCPL BPU (Proposed) • Residential 15.5% (0.4%) 4.6% 1.3% – Low Usage 9.7% (6.2%) (1.2%) (8.5%) – Average Usage (7.0%) 8.9% • Small Commercial (15.2%) 10.4% • Large Commercial (23.5%) (7.6%) (16.2%) (7.0%) Source: Operating Budget, page 251

Activities - Accomplishments • SPP Integrated Marketplace Transition • LEED Efforts at New Administrative Office Building • Resolution 5933 – Energy & Environmental Stewardship • Wind Purchase • Solar Evaluation

Reliability • Aggressive tree trimming program • Long term energy supply • Underground Service Program • Reliability Index* Comparison: IPL 49.3 National Averages 63.4 KCPL 70.3 Ameren 88.0 KCPL-GMO 102.9 *System Average Interruption Duration Index – measures the average outage duration in minutes for each customer ; national average per APPA

Fiscal Year 2015-16 Objectives • Building Remodel & Platinum LEED Certification • Cost of Service Study & Formal Fund Balance Policy • Asset Maintenance • Utility Billing System • Community Involvement

MODEL OF ENERGY CONSERVATION LEED Platinum Certification at new • Administrative Office Building: Unique retrofitted concepts • Wind & solar generation at site • Electric vehicle charging station • Community Solar Program • Wind Farm Energy Source •

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