2021-021 DEC Dashboard January 2021Date: April 9, 2021 Report No. 2021-021
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
FY 2020-21 Denton Energy Center (DEC) YTD January 2021 Dashboard
BACKGROUND:
Attached is the January 2021 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 (based on a 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 2020-21 through January 2021.
o The DEC ran 24,203 MWh more through January of FY 2020-21 compared to FY
2019-20. This resulted in $1.1 million more in DEC Revenue.
A DEC financial summary showing January FY 2019-20 Actuals, FY 2020-21 Budget,
Actuals as of January 2021 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 through January 2021, fuel cost was $88,300 lower.
o The DEC Net Income was ($2.65) which is expected for this portion of the fiscal
year.
o The DEC Gross Margin was $3.9 Million which is $3.6 Million higher than
budgeted due to higher DEC Revenue each month (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 January 2021 Dashboard
Key Trends
For the first 4 months of FY 2020-21, the DEC produced 24,203 MWh more than the same period of FY 2019-20.
This resulted in approximately $1.2 million more in revenues and $8,600 less in total expenses than the same time
in the previous fiscal year.
The DEC Gross Margin as of January 31 was $3.9 Million which is $3.6 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.
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
Jan-21 $565,793 8,622 $65.62
Total FY 2020-21 $4,799,849 61,545 $77.99
Generation & Gross Revenues
FY 2019-20 FY 2020-21 FY 2020-21 FY 2020-21
ACTUALS*BUDGET YTD PROJECTION
DEC REVENUE* 3.56$ 24.55$ 4.80$ 24.55$
EXPENDITURE SUMMARY
Energy Expense - Fuel 0.94$ 10.35$ 0.85$ 10.35$
Personnel Services 0.58 1.79 0.60 1.79
Materials & Supplies 0.08 1.72 0.02 1.72
Maintenance & Repair 0.01 0.56 0.02 0.56
Insurance 0.01 1.11 0.01 1.11
Operations 0.06 0.33 0.10 0.33
Debt Service - Principal 2.45 7.85 2.58 7.85
Debt Service - Interest 3.31 9.43 3.19 9.43
Interfund Transfers 0.02 0.24 0.08 0.24
Transfer to Capital Projects - 0.02 - 0.02
DEC EXPENDITURES 7.46$ 33.40$ 7.45$ 33.40$
DEC NET INCOME (3.90)$ (8.85)$ (2.65)$ (8.85)$
*Preliminary, Unaudited Figures
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)1.60 1.61 1.28 0.80 0.80 0.02 0.14 4,562.00
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 5.36%1.72%2.66%1.14%1.14%1.11%0.22%
Annual to Date Plant Emissions per DEC Permit Limit 5.40%1.70%2.70%1.10%1.10%1.10%0.20%
* Over the past 12 months, the DEC engines ran 15% of the time. During the month of January, the DEC engines ran 11% of the time.
**Operations Annual Limit accounts for Balance of Plant standard emissions
Emissions
January 2021
Engines (1-12)938 219 52 158 729