2020-021 January 2020 DEC DashboardDate: 03/06/2020 Report No. 2020-021
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
FY 2019-20 Denton Energy Center (DEC) YTD January 2020 Dashboard
BACKGROUND:
Attached is the January 2020 FY 2019-20 Dashboard for the Denton Energy Center. The
dashboard is intended to give a snapshot of relevant DEC metrics. The dashboard highlights the
following:
The Emission Chart (based on calendar year) displays the January engine runtime hours,
starts, stops, monthly and annual emissions totals and limits.
DEC MWh Generation and Gross Revenue for FY 2019-20 through January 2020.
o The DEC ran 19,455 MWh less through January of FY 2019-20 compared to FY
2018-19. This resulted in $1 Million less in DEC Revenue.
A DEC financial summary showing January FY 2018-19 Actuals, FY 2019-20 Budget,
Actuals as of January 2020 and the FY2019-20 end of year projections.
o The FY 2019-20 year-end projections are equal to the FY 2019-20 budget
The Plant Monthly Run Hour Comparison Graph illustrates the monthly plant run times.
The Key Trends section explains variances in revenues and expenses.
o Due to running fewer hours in the through January 2020, fuel cost was
approximately $1 Million lower.
o The DEC Net Income was ($3.91) which is expected for the 1st Quarter of the
fiscal year.
o The DEC Gross Margin was $2.6 Million which is $1.8 Million higher than
budgeted due to higher DEC Revenue in October and November. (The Gross
Margin = DEC Revenue – Fuel cost –Variable Operating & Maintenance cost.)
Gross Margin represents the component of revenue available to pay fixed cost
including debt.
ATTACHMENT(S):
Denton Energy Center (DEC) Dashboard
STAFF CONTACTS:
Antonio Puente, Jr.
CFO/DME General Manager
(940) 349-8487
antonio.puente@cityofdenton.com
Nick Vincent
Assistant Director of Finance
(940) 349-8063
nicholas.vincent@cityofdenton.com
City of Denton, Texas
FY 2019-20 Denton Energy Center YTD January 2020 Dashboard
Key Trends
For the first four months of FY 2019-20, the DEC produced 19,455 MWh less than the same period of FY 2018-19. This
resulted in approximately $1 Million less in revenues and $2.8 Million more in total expenses for the same time period.
This increase was due to the annual debt service payment increasing from $10 M to $18 M in FY 19-20. As of January 31,
2020, expenditures exceed revenues by $3.91 Million which is expected for this period of the fiscal year.
Through January 2020 the DEC Gross Margin was $2.6 Million which is $1.8 Million higher than budgeted for the same
period (Gross Margin = DEC Revenue –Fuel Cost –Variable Operating & Maintenance Cost). This is due to higher revenue
in October and November than anticipated.
At this point in the fiscal year, FY 2019-20 year-end projections are equal to the FY 2019-20 budget.
Note: All dollar figures presented are in million of dollars.
Generation & Gross Revenues
Month Revenue MWh $/MWh
Oct-19 $2,043,727 16,344 $125.04
Nov-19 $1,152,356 16,168 $71.27
Dec-19 $126,950 2,159 $58.80
Jan-20 $239,366 2,671 $89.62
Total FY 2019-20 $3,562,399 37,342 $95.40
Emissions (Calendar Year)
January 2020
Description
Engine
Runtime
(hours)
Hot
Starts
Warm
Starts
Cold
Starts Stops Description
Nitrogen
Oxides
(NOx)
Carbon
Monoxide
(CO)
Volatile
Organic
Compound
(VOC)
Particulate
Matter<10
microns
(PM10)
Particulate
Matter<2.5
microns
(PM2.5)
Sulphur
Dioxide
(SO2)
Ammonia
(NH3)
Carbon Dioxide
Equivalents
(CO2e)
Engines (1-12)279 76 5 159 240
DEC Monthly Emissions Total (tons)1.19 1.19 0.69 0.34 0.34 0.01 0.04 1,361.00
DEC Annual Permit Limit Operations (tons)*29.78 93.52 48.16 69.72 69.72 1.45 60.90
Monthly Plant Emissions per DEC Permit Limit 4.01%1.28%1.43%0.48%0.48%0.53%0.07%
Annual to Date Plant Emissions per DEC Permit Limit 4.00%1.30%1.40%0.50%0.50%0.60%0.10%
*Operations Annual Limit accounts for Balance of Plant standard emissions
752
923
1,458 1,336
2,116
1,370
2,232
2,885
2,366
1,045
1,291
217 279
-
500
1,000
1,500
2,000
2,500
3,000
3,500
Run HoursOperating Month
Plant Monthly Run Hour Comparison
FY 2018-19 FY 2019-20 FY 2019-20 FY 2019-20
ACTUALS **BUDGET YTD PROJECTION
DEC REVENUE* $ 4.56 $ 25.07 $ 3.56 $ 25.07
EXPENDITURE SUMMARY
Energy Expense -Fuel $ 1.98 $ 12.48 $ 0.94 $ 12.48
Personal Services 0.52 2.22 0.58 2.22
Materials & Supplies 0.04 0.44 0.08 0.44
Maintenance & Repair 0.00 0.56 0.01 0.56
Insurance 0.00 0.50 0.01 0.50
Miscellaneous 0.00 ---
Operations 0.07 0.48 0.07 0.48
Debt Service -Principal 1.19 7.47 2.45 7.47
Debt Service -Interest 0.84 9.80 3.31 9.80
Interfund Transfers -0.05 0.02 0.05
Transfer to Capital Projects -0.02 -0.02
DEC EXPENDITURES $ 4.64 $ 34.02 $ 7.47 $ 34.02
$ -$ -$ -$ -
DEC NET INCOME $ (0.08)$ (8.95)$ (3.91)$ (8.95)
*Preliminary, Unaudited Figures
**Represents same period (4 months) as FY 2019-20 YTD for comparison purposes. Total Net
Income for FY 2018-19 was $14.22 M.