2021-018 December 2020 DEC DashboardDate: March 26, 2021 Report No. 2021-018
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
FY 2020-21 Denton Energy Center (DEC) YTD December 2020 Dashboard
BACKGROUND:
Attached is the 1st Quarter FY 2020-21 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 displays the December engine runtime hours, starts, stops, monthly
and annual emissions totals and limits.
DEC MWh Generation and Gross Revenue for FY 2020-21 through December 2020.
o The DEC ran 18,252 MWh more in the 1st Quarter of FY 2020-21 compared to
FY 2019-20. This resulted in $911,000 more in DEC Revenue.
A DEC financial summary showing 1st Quarter FY 2019-20 Actuals, FY 2020-21 Budget,
1st Quarter Actuals as of December 2020 and the FY 2020-21 end of year projections.
o The FY 2020-21 year-end projections are equal to the FY 2020-21 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 Although running more hours in the 1st Quarter, fuel cost was $199,200 lower.
o The DEC Net Income was ($1.32) which is expected for the 1st Quarter of the
fiscal year.
o The DEC Gross Margin was $3.6 Million which is $3.4 Million higher than
budgeted due to higher DEC Revenue in October through December. (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
Executive Manager of Utilities
(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 2020-21 Denton Energy Center YTD December 2020 Dashboard
Key Trends
For the first 3 months of FY 2020-21, the DEC produced 18,252 MWh more than the same period of FY 2019-20.
This resulted in approximately $911,000 more in revenues and $199,200 less in total expenses than the same time
in the previous fiscal year.
The DEC Gross Margin as of December 31 was $3.6 Million which is $3.4 Million higher than budgeted. (Gross
Margin = DEC Revenue –Fuel Cost –Variable Operating & Maintenance Cost).
At this point in the fiscal year, FY 2020-21 year-end projections are equal to the FY 2020-21 budget.
Note: All dollar figures presented are in millions of dollars.
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)
DEC Monthly Emissions Total (tons)1.70 1.63 1.07 0.61 0.61 0.01 0.10 3,597.00
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 5.70%1.75%2.22%0.88%0.88%0.90%0.16%
Annual to Date Plant Emissions per DEC Permit Limit 63.90%19.40%30.10%14.90%14.90%13.90%3.40%
* Over the past 12 months, the DEC engines ran 14% of the time. During the month of December, the DEC engines ran 8% of the time.
**Operations Annual Limit accounts for Balance of Plant standard emissions
Emissions
December 2020
Engines (1-12)670 104 65 191 360
Month Revenue MWh $/MWh
Oct-20 $2,739,241 31,581 $86.74
Nov-20 $1,037,719 14,117 $73.51
Dec-20 $457,097 7,225 $63.27
Total FY 2020-21 $4,234,057 52,923 $80.00
Generation & Gross Revenues
FY 2019-20 FY 2020-21 FY 2020-21 FY 2020-21
ACTUALS*BUDGET YTD PROJECTION
DEC REVENUE* 3.32$ 24.55$ 4.23$ 24.55$
EXPENDITURE SUMMARY
Energy Expense - Fuel 0.87$ 10.35$ 0.59$ 10.35$
Personnel Services 0.44 1.79 0.46 1.79
Materials & Supplies 0.05 1.72 0.02 1.72
Maintenance & Repair 0.00 0.56 0.01 0.56
Insurance 0.00 1.11 0.01 1.11
Operations 0.06 0.33 0.08 0.33
Debt Service - Principal 1.82 7.85 1.92 7.85
Debt Service - Interest 2.50 9.43 2.40 9.43
Interfund Transfers 0.01 0.24 0.06 0.24
Transfer to Capital Projects - 0.02 - 0.02
DEC EXPENDITURES 5.75$ 33.40$ 5.55$ 33.40$
-$
DEC NET INCOME (2.43)$ (8.85)$ (1.32)$ (8.85)$
*Preliminary, Unaudited Figures