Loading...
July - Sept. 2020 DashboardCity of Denton, Texas FY 2019-20 Denton Energy Center YTD September 2020 Dashboard Key Trends In FY 2019-20, the DEC produced 55,258 MWh less than in FY 2018-19. This resulted in approximately $24.7 Million less in revenues and $1.5 Million more in total expenses as compared to FY 2018-19. The decreased revenue was due to the unseasonably warm weather in the summer months. As of September 30, 2020, expenditures exceeded revenues by $12.0 Million. The FY 2019-20 Preliminary Actuals for fuel cost were $3.4 Million less than in FY 2018-19 as a result of fewer run hours. The FY 2019-20 Preliminary Actuals for Insurance were $625,000 higher than in FY 2018-19 as a result of an increase in the cost of DEC property insurance and the acquisition of outage insurance. The debt service in FY 2019-20 was $3.7 Million more than in FY 2018-19. The DEC Gross Margin for FY 2019-20 was $9.0 Million which is $21.3 Million less than in FY 2018-19 (Gross Margin = DEC Revenue –Fuel Cost –Variable Operating & Maintenance Cost). Again, this is due to unseasonably cooler weather in July and August. FY 2019-20 year-end preliminary actuals show $(11.98) Million in Net Income compared to $14.22 Million in Net Income for FY 2018-19. Note: All dollar figures presented are in millions of dollars. 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 Feb-20 $676,548 9,466 $71.47 Mar-20 $1,561,657 18,209 $85.76 Apr-20 $889,878 8,765 $101.52 May-20 $502,279 8,125 $61.82 Jun-20 $375,829 8,775 $42.83 Jul-20 $1,057,627 21,206 $49.87 Aug-20 $3,364,955 33,435 $100.64 Sep-20 $771,456 8,570 $90.02 Total FY 2019-20 $12,762,627 153,892 $82.93 Generation & Gross Revenues Description Engine Runtime (hours)* Hot Starts Warm Starts Cold Starts Stops Description Nitrogen Oxides (NOx) Carbon Monoxide (CO) Volatile Organic Compound (VOC) Particulate Matter<10 microns (PM10) Particulate Matter<2.5 microns (PM2.5) Sulphur Dioxide (SO2) Ammonia (NH3) Carbon Dioxide Equivalents (CO2e) DEC Monthly Emissions Total (tons)1.36 1.26 1.08 0.75 0.75 0.02 0.14 4,613.00 DEC Annual Permit Limit Operations (tons)**29.78 93.52 48.16 69.72 69.72 1.45 60.90 Monthly Plant Emissions per DEC Permit Limit 4.56%1.34%2.23%1.07%1.07%1.04%0.23% Annual to Date Plant Emissions per DEC Permit Limit 46.00%13.80%21.80%10.70%10.70%10.10%2.40% * Over the past 12 months, the DEC engines ran 13% of the time. During the month of September, the DEC engines ran 13% of the time. **Operations Annual Limit accounts for Balance of Plant standard emissions Emissions September 2020 Engines (1-12)1,090 141 115 97 353 YEAR END FY 2019-20 FY 2018-19 FY 2019-20 ESTIMATE PRELIMINARY ACTUALS BUDGET @ 6/30/20 ACTUALS DEC REVENUE* 37.48$ 25.07$ 25.07$ 12.76$ EXPENDITURE SUMMARY Energy Expense - Fuel 6.95$ 12.48$ 11.00$ 3.60$ Personnel Services 1.67 2.22 1.80 1.94 Materials & Supplies 0.16 0.44 0.39 0.32 Maintenance & Repair 0.11 0.56 0.56 0.21 Insurance 0.49 0.50 1.08 1.11 Operations 0.21 0.48 0.38 0.22 Debt Service - Principal 5.97 7.47 7.47 7.47 Debt Service - Interest 7.58 9.80 9.80 9.80 Interfund Transfers 0.12 0.05 0.05 0.07 Transfer to Capital Projects - 0.02 0.02 - DEC EXPENDITURES 23.26$ 34.02$ 32.55$ 24.74$ -$ DEC NET INCOME 14.22$ (8.95)$ (7.48)$ (11.98)$ *Preliminary, Unaudited Figures