Our greatest measure of success is the net value we deliver to our member communities each year.
We deliver value in many ways, from driving economic growth and workforce development, to making power more affordable and reliable, to lobbying on behalf of our members at the state and federal levels. Look at the table below to see a more detailed breakdown of the ways we delivered value over the past year.
Power Supply Benefit
$265,484,272
Additional SEPA Allocation
$92,000
Asset Sale Agreement
$164,562,000
Disallowed Capital Addition Project
$32,222
Hourly Trading Services
$440,000
Market Transactions Checkout
$162,017
Nuclear Fleet cost Arbitration with DEC
$2,192,666
QF Sellers Costs
$167,000
REPS Compliance
$2,033,153
REPS Compliance
$1,080,000
Supplemental Capacity and Energy
$3,546,032
Surplus Sales Program
$90,000,000
Transmission Peak Reduction
$1,177,182
Services Benefit
$113,705,301
Business Development Services
$410,740
Compliance
$367,504
Corporate Learning & Development
$42,000
Departmental Corporate Ads
$432,000
Distribution Services
$657,298
Economic Development
$6,650,300
Legal
$59,241,317
Member Communications
$10,424,039
Member Infrastructure Support
$1,522,840
Renewable Services
$204,000
Residential Energy Services
$252,142
Safety & Training
$1,968,890
Technology Services
$1,420,189
Utility Business Services
$267,810
Utility Services
$2,213,816
VOPP Advertising
$23,310,416
VOPP Sponsorships
$4,320,000
Finance Benefit
$67,930,570
Bond Refunding
$1,075,057
Bond Refunding/Defeasance
$10,833,122
Bond Refunding/Defeasance
$2,800,000
Capital Additions
$517,000
Decommissioning Deposits
$45,536,000
Interest on Margin Account
$47,391
Investment Portfolios
$7,122,000
Contract Administration Benefit
$58,830,267
Asset Sale Agreement
$3,783,834
DOE Settlement - Spent Nuclear Fuel
$1,024,085
FRPPA Amendment - Coal Ash Settlement
$3,059,062
Full Requirements Power Purchase Agreement (FRPPA) DEP/NCUC Settlement
$32,278,350
FRPPA settlement - ROE Reduction
$10,631,041
FRPPA settlement of challenge issues
$249,115
Full Requirements Power Purchase Agreement (FRPPA), Transmission Billing Statements
$960,000
Merger Agreement
$2,572,132
NEIL Insurance Distribution Credit
$3,105,095
OATT Settlement issues in 2022
$217,553
Operating and Fueling Agreement, Interconnection Agreement, and Transmission billing statements
$950,000
Load and Demand Side Management (DSM) Benefit
$69,770,932
DSM/Load Management
$84,000
DSM/Load Management
$788,524
DSM/Load Management
$68,898,408