LIC-15-0055, Annual Report, Part 1 of 2
| ML15110A037 | |
| Person / Time | |
|---|---|
| Site: | Fort Calhoun  |
| Issue date: | 04/07/2015 |
| From: | Simpkin T Omaha Public Power District |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| Shared Package | |
| ML15110A047 | List: |
| References | |
| LIC-15-0055 | |
| Download: ML15110A037 (22) | |
Text
Omaha PublicPowerDisrct 444 South 1dh Street Mall Omaha, NE 68102-224 7 April 7, 2015 LIC-15-0055 10 CFR 50.71 (b)
U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, DC 20555 Fort Calhoun Station, Unit No. 1 Renewed Facility Operating License No. DPR-40 NRC Docket No. 50-285
Subject:
2014 Annual Report
References:
None In accordance with 10 CFR 50.71 (b), the 2014 Omaha Public Power District (OPPD) Annual Report is enclosed.
If you should have any questions, please contact Mr. Bill R. Hansher at (402) 533-6894.
No commitments to the NRC are made in this letter.
Respectfully, T. W. Simpkin Manager - Site Regulatory Assurance TWS/mle
Enclosure:
OPPD 2014 Annual Report c: M. L. Dapas, NRC Regional Administrator, Region IV C. F. Lyon, NRC Senior Project Manager S. M. Schneider, NRC Senior Resident Inspector Employment with Equal Opportunity
Fort Calhoun Station Nuclear plant, 478.6 megawatts Elk City Station Landfill-gas plant 6.3 megawatts North Omaha Station Coal & natural-gas plant, 641.5 megawatts OPPD Headquarters Jones Street Station Oil plant, 122.8 megawatts Sarpy County Station Oil & natural-gas plant, 315 megawatts Cass County Station Natural-gas plant, 324.4 megawatts Ainsworth Wind Farm 10-megawatt participation agreeme Broken Bow I Wind Farm 18-megawatt participation agreement Nebraska City Station Unit 1 Broken Bow IIWind Farm Coal plant, 652.3 megawatts 43.9-megawatt participation agreement Nebraska City Station Unit 2 Petersburg Wind Farm Coal plant, 691.2 megawatts 40.5-megawatt participation agreement Elkhorn Ridge Wind Farm 25-megawatt participation agreement Crofton Bluffs Wind Farm 13.6-megawatt participation agreement Prairie Breeze Wind Farm 200.6-megawatt participation agreement Valley Station Wind Turbine
.66 megawatt Flat Water Wind Farm 60-megawatt participation agreement Grande Prairie Wind Farm 400-megawatt participation agreement (completion 2017)
About OPPD On the cover Omaha Public Power District is a publicly owned electric utility that serves a population of 799,000 people, Customers can count on OPPD employees, more than any other electric utility in the state.
including Ashley Liston, Operating since 1946, the public utility is governed by an elected board of eight directors. While its headquar-employment specialist; ters is located in Omaha, Neb., OPPD has several other locations in its 13-county, 5,000-square-mile service area John Cordova, meter technician; Jeff Richey, in southeast Nebraska.
working line crew leader; The majority of OPPD's power comes from three baseload power facilities: North Omaha Station and Tevi Lawson, engineer; Nebraska City Station, both coal-fired, and Fort Calhoun Station, a nuclear power unit. Additional energy comes and Angela Carter, HR business partner. from three peaking units and renewable energy resources, including wind turbines and a landfill-gas unit.
What separates a good utility company from a great utility company?
At OPPD, we believe there are essential elements. Agreat utility must be reliable, affordable, experienced, responsible and dedicated. We strive every day to encompass those elements in our plans, decisions and actions to continue making OPPD a great utility that customers can count on.
In terms of'reliability, OPPD successfully transitioned into the Southwest Power Pool Integrated Marketplace, changing how the utility markets and manages the eledricity it produces. The Integrated Marketplace means better use of generation and transmission on a broader regional basis. At the same time, we continde to move ahead on construction of the Nebraska portion of the Midwest Transmission Project, a 180-mile transmission line that will run from near Nebraska City to Sibley, Missouri. This project will alleviate congestion on We grid and enhance electrical reliability for customers throughout the region.
Along with reliability, providing affordable energy remains a vital part of our mission. A 1.6 percent average rate increase was implemented in January 2015 to help our financial position remain strong. Operating revenues in 2014 were $1.1 billion, with operating expenses of $1billion. Historically low interest rates, coupled with OPPD's solid credit quality, allowed OPPD to refinance more than $300 million in outstanding bonds in 2014. These actions will result in substantial savings and help keep our customers' rates affordable.
In June, the Board of Directors approved a plan to significantly rebalance the future generation portfolio. Three of the oldest generating units at North Omaha Station will be retired in 2016. The remaining two North Omaha Station units and Nebraska City Station Unit 1 will be retrofitted with basic emission controls. The plan alsd includes reducing electrical demand by at least 300 megawatts by 2023 through customer participation in Demand-Side Management programs. This will involve a combination of new programs and the expansion of some existing programs. We believe this is the responsible thing to do moving forward, allowing us to reduce emissions and to comply with new federal environmental standards. Just as importantly, the Future Power-Generation Plan positions OPPD to remain one of the nation's industry leaders in its commitment to renewable energy.
These things are made possible because of the experience and dedication of all the hard-working men and women who make up OPPD. Their efforts allowed us to safely respond to numerous storms to ensure our customers' power was restored as quickly as possible. In addition, the dedicated efforts of employees allowed Fort Calhoun Station (FCS) to operate reliably in 2014 after its successful restart in late 2013. Attention now turns to the first FCS refueling outage since the 2011 flood, and that outage is scheduled for later this spring.
Our efforts have one overriding goal. That goal is to meet the needs of our customer-owners. We will continue to do all we can to provide affordable, reliable and environmentally sensitive energy services to our customers now and in the future. You can count on it.
W.Gary Gates* Anne L.McGuire President and CEO Chair of the Board
Board of Directors Anne L. McGuire Chair of the Board Nurse Educator (Retired)
Michael A.Mines Vice Chair of the Board Governmental Advisor Tim W. Gay Treasurer Governmental Advisor Thomas S. Barrett Secretary Attorney at Law Michael J. Cavanaugh Board Member Police Lieutenant, City of Omaha (Retired);
Real Estate Investor - Manager John K.Green The OPPD Board of Directors includes, from the left, Rich L.Hurley, John K.Green, Michael 1.Cavanaugh, Board Member Rc1orney Tim W.Gay, Michael A.Mines, Anne L.McGuire, Fred J.Ulrich and Thomas S.Barrett. Rich L. Hurley Board Member Real Estate Broker Fred J. Ulrich Board Member Farmer, Cattle Rancher Senior Management W. Gary Gates President Chief Executive Officer Edward E. Easterlin Vice President - Financial Services Chief Financial Officer Assistant Treasurer,Assistant Secretary Timothy J. Burke Vice President - Customer Service and Public Affairs Assistant Secretary Louis P.Cortopassi Site Vice President Chief Nuclear Officer Mohamad I. Doghman Vice President - Energy Delivery Chief Compliance Officer Assistant Secretary The OPPD senior management team includes, from the left, Mohamad I. Doghman, ]on T. Hansen, Sherrye L.Hutcherson, Louis P.Cortopassi, Timothy J. Burke, W.Gary Gates and Edward E.Easterlin. jon T.
Vice Hansen - Energy Production President and Marketing Assistant Secretary Sherrye L.Hutcherson Vice President - Corporate Services Chief Administrative Officer Assistant Secretary
1 ?~d1 44 Trust that while you are going about your day, we are working behind the scene on everything we need to do to keep you connected.
We consider the needs of all our customers important - from the kindergartner working in the classroom to the farmer irrigating fields 20j/oid44 full of produce to the executive overseeing a big business. In fact, three quarters of a million people count on OPPD to power their lives.
The number goes up each year, rising by nearly 75,000 in the past 3! tee decade. That's nearly one-fifth of the 2014 population of Omaha, the largest city in the utility's 5,000-square-mile service area.
These five reasons show why our customers can count on OPPD:
reliable, affordable, experienced, responsible and dedicated.
4 nýaeooot,ý' We pledge this commitment and more to our current customers, and we think businesses looking to relocate or expand should see for themselves.
Our energy partners can count on us.
OPPD's score on the 2014 Average Service Availability Index.
Our Lines Are Going Places OPPD has 15,567 miles of electric lines, more than enough to stretch from Omaha around the earth and back at our higher latitude.
The percentage of OPPD customers who are residential.
In addition to reliable service, OPPD offers many products and services for these customers.
Website Redesigned for User Ease More and more customers connect with OPPD online - whether it's on their home comput-er, smartphone or tablet. Our redesigned oppd.com is responsive to these devices.
From the site, customers can pay their e bill, report a power outage, learn how to save energy and much more. From its ........
debut on Oct. 26 to Dec. 31, the site (..........
recorded 1.4 million page views.
Storm & Outage Center Gives Timely Updates Nebraska's unpredictable weather poses challenges to reliable electricity.
When power goes out, customers wonder 'What happened?' and 'How long is this going to impact me?' OPPD repurposed its 5-year-old storm blog in 2014 to become the Storm & Outage Center, an interactive website that answers these questions.
The site includes timely, relevant and interactive features, particularly during widespread outages.
Information Business Answering the Call Trouble 5% 14%
When customers have a question 7%
that can't be answered on the web-site, they contact our Call Center. 9%
643,679 Tntal niimhpr nf crIIk in MlA1 Service Orders 11%
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Payments Benefit Communities OPPD distributed more than $30.7 million in 2013 in-lieu-of-tax payments to I 11 southeast Nebraska counties inApril 2014. These payments take the place of property and other taxes and are based on 5 percent of OPPD's gross revenue from retail electricity sales in incorporated towns. County treasurers distribute the funds to school districts, cities and other entities.
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,U- ý A Lean Machine Lean is a continuous improvement process adopted by OPPD in 2009 that is used to identify and eliminate inefficiencies.
Inthe past three years:
$6.5 million saved 143 projects 2012 Bond Refinancing Saved Number of projects: 75 Estimated savings: $2,699,100 Customer-Owners $30 Million By keeping a watch on market conditions, OPPD 2013 finance experts took advantage of low interest rates Number of projects: 37 Estimated savings: $1,977,033 to refinance bond issues during 2014. The combined refinancing meant nearly $30 million in savings to 2014 our customer-owners over the remaining life of the Number of projects: 31 bonds, which is 25 to 30 years.
Estimated savings: $1,880,986 Comparing 2014 Retail Rates I OPPD West North Central Region*
National Average**
0 2 4 6 8 10 12
- OPPD is7.9% lower than the regional average ** OPPD is19.4% below the national average Source: Energy Information Administration, preliminary Dec. 2014
More than three-quarters of a million people rely on OPPD for their electricity. That includes residential, business, commercial and industrial customers. Here, an office park in west Omaha lights up the night sky.
Substation Group Plays Key Role in System Reliability OPPD added three substations in 2014 to keep pace OPPD's Substation group of 101 skilled employees with development and ensure the utility can serve operate and maintain 130 substations across 13 coun-growing loads. ties. Substations have an assortment of equipment to Substations serve as a gateway for power to transfer maintain, including transformers, switches, insulators, from the generator to the customer. circuit breakers, lightning arrestors, and relaying and One new substation serves major loads at and around metering instruments.
Offutt Air Force Base, including the new U.S. Strategic Substations serve many purposes - from offering Command headquarters building that is under construc- system operators flexibility to protecting parts from tion. Another serves northwest Omaha, and a third, in harsh weather or other problems.
La Vista, Neb., will serve a $200 million data center.
Employees perform maintenance on a transformer at a substation that serves a growing suburban area.
Financial Analyst Helps Make Difference Larry Kaipust is among the many employees who works hard to keep costs down for ratepayers.
Recovering eligible insurance and federal funding following major storms and natural disasters is just part of Larry's role as a financial analyst in Asset Accounting & Tax Compliance. In the years following the historic flood of 2011, it is a role that has kept him busy. Moses Fernandez, a managerial accountant, has teamed up with Larry to manage the workload.
Immediately following a destructive storm or natural disaster, utility personnel report damages to the Nebraska Emergency Management Agency. The state agency canvasses the troubled areas and assesses other entities' damages, then submits a report to the Federal Emergency Management Agency (FEMA). When OPPD qualifies for federal monies, Larry pulls together the supporting documentation, including payroll amounts, invoices and materials. A similar process is required to collect insurance claims.
The effort requires coordination with many work groups, and the process can take months, even years, in the case of the flood. It's also one of the reasons Larry received the utility's top peer-nominated award, the Award of Excellence, in 2014.
Many employees worked long hours to make sure OPPD was protect-ed during that flood. "Larry also protected us by working non-stop until just recently on all the documentation support for FEMA and insurance claims," said one employee who nominated Larry.
Larry compared accounting to keeping score for the company.
Moses Fernandez, left, and Larry Kaipust oversee "We have to keep good track of how we are doing in order to stay a efforts to recover federal monies and insurance claims low-cost power provider," he said. following devastating storms and natural disasters.
Integrated Marketplace Helps Keep Costs Down In March 2014, OPPD entered a new era when the " The SPP IM is a computerized clearinghouse that Southwest Power Pool's (SPP) Integrated Marketplace (IM) matches sellers and buyers.
went live and became the venue for generators to sell their " The IM optimizes generators to find the least-cost power and for purchasers to buy their load. solution for the SPP footprint.
Ultimately, both OPPD and its customers benefit.
The IM provides OPPD with access to a more compet- _
itive means of servicing our customers. OPPD can use the market to help keep rates low through buying power when it is more cost effective than our own generation or selling excess into the market when prices are higher, which helps pay a portion of our fixed costs.
" SPP provides services to approximately 15 million people.
" SPP is comprised of utilities, generators and transmission companies. I-AN
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0 2,293 Union Membership* employees IBEW 763:
Employees who generate 29,068 and deliver electricity years of experience to customers IAM&AW31:
IBEW 1483:
Brotherhood Professional, technical of skilled craft .j - and administrative workers employees
- Dues-paying members Apprenticeship Programs This stacked bar graph shows participation in OPPD apprenticeship programs with union agreements.
7 - Other: Meter 23 -Line technicians technicians, system 8- Machinists 14- Electricians 16- I&C/Combustion Turbine protection, transportation 10 - Electricians Substation Technicians & Steamfitter Mechanics IO Total number of apprenticeship 14 2 tests proctored In 2014 Who Are OPPD's Employees?
Ittakes a wide variety of people to deliver reliable power to customers every day, all day. See what types of positions make up our diverse workforce.
136 22 Security F,7Paraprofessionals 227 Office/Clerical
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Brothers Glenn and Marvin Wiles run a large fertilizer and agricultural product operation out of Plattsmouth, Neb. OPPD Electrical Service Designer Craig Stephenson helps them find solutions to their growing energy needs.
Expertise Benefits Growing Rural Load Farms and ranches cover a sizable portion of OPPD's agricultural, but livestock operations and ancillary busi-5,000-square-mile service area, with 11 of the 13 coun- nesses that use the livestock, crops and byproducts ties being predominantly rural. are located in these rural communities, as well.
In Nebraska, electrical usage among agricultural Here are the top three ways OPPD helps farm customers:
customers continues to grow thanks to new technologies 1. Size OPPD equipment to handle farm loads. High-load and higher power requirements. In fact, OPPD's south items include storage bins, drying equipment, farrow-rural area, which serves more than 23,100 customers, ing houses and livestock wells.
has seen a 7.9 percent load growth since 2010. 2. Plan for irrigation. The utility has seen substantial OPPD electrical service designers, like Craig irrigation growth in the past five years.
Stephenson, understand the special needs of these cus- 3. Provide cost-effective rate options, including tomers. The vast majority of our farming customers are demand and time-of-use rates.
11 2014 OPPD Annual Report
Green Efforts Continue to Grow OPPD continues to develop projects and set initiatives that ensure its future is not just bright, but also green. At the end of 2014, OPPD had 418.6 MW of wind and landfill ga renewables - which represent 12.2 percent of OPPD's total retail energy sales for the yea.
Here are the newest additions to the mix:
" Prairie Breeze, a 118-turbine wind farm near Elgin, Neb.; OPPD receives 200.6 MW. (2 14)
" Broken Bow II,an NPPD wind farm near Broken Bow, Neb.; OPPD buys 43.9 MW. (201,
" Grande Prairie Wind Farm, being built in Holt County; OPPD committed to 400 MW. ( 17)
Getting our Vegetables For more than eight years, the utility has been using bio-based hydraulic fluids in its basket trucks, digger derricks and trenching equipment. The vegetable-based fluids are easier on the environment.
- 44MMM Branching Out
- The total number of trees and shrubs planted in southeast Nebraska by nonprofit groups, thanks to OPPD's 4
- 7 1 1 71 5 6!1,252 Tree Promotion Program since 1989. In 2014, OPPD awarded 23 grants for trees and shrubs.
Each tree represents 5,000 Checking out Energy Use OPPD's Watt Detector Kit program is raising aware-ness of how electrical appliances consume energy in the home.
- The partnership with area public libraries has grown each year since 2010, with 155 kits now available in 38 public libraries in27 cities throughout OPPD's service territory. 9 Studies show that people using electricity monitors, like a watt detector, will save between 5 and 20 percent of their monthly energy con-sumption by watching their energy use and making effective changes.
Living our Principles OPPD is committed to the principles of affirmative action and equal employment opportunity.
Hitting the Ro*a recycled sPPD 20,5o0 galof s lia st year, and most of that s
Bold Changes Look to Future Air Toxics standards adopted by the Environmental Protection Agency.
Our children's OPPD will look much different than it OPPD captured customer feedback over several months does today. That's thanks in part to residential, business at open houses, public forums and online, as well as and other community stakeholders from whom the through extensive market research. Research showed utility sought input.
customers favored an approach in line with the corporate In June, OPPD announced a bold generation plan. It mission - power must remain affordable, reliable and includes retiring three of its oldest coal-fired generating should be environmentally sensitive. Customers said units, retrofitting other units with additional emission they were willing to rely on OPPD expertise to make the controls, converting some units to natural gas by 2023 right decisions on resource options. They also said they and eventually reducing its load by 300 MW through were willing to pay higher costs to get an additional Demand-Side Management programs.
environmental benefit, but the tipping point was The plan will allow OPPD to significantly reduce about 3 percent.
emissions and be compliant with the new Mercury and 4._4%RenewableslHydro 1%-,'
~Natural GaOil Oil &-
GasN d . --
Percentages FIlate to OPPD's retail load. FP 3% Natural Gas&Oil 13 .1
Safety Training Number of employee contacts with safety training in2013-2014.
1,702- Human Performance 11,103 - Safety & Technical Training**
634- First Aid/CPR/AED/Blood Borne Pathogens*
299- Safety Leadership
- 2-year National Safety Council certification - " Includes first aid, CPR, AED, Blood Borne pathogen learners 20 years In2014, the time since combustible turbine technicians had a DART (Days Away, Restricted or Transferred) case.
16 years Amount of time since the Central Maintenance machinists group had a DART case. These employees maintain large plant machinery at all OPPD power stations.
Safety Matters Matt Liston performed CPR on an accident victim, 128 saving the man's life. Matt, a laborer inTransportation, The number of received OPPD's president's award for his actions. He employees who isshown with President Gary Gates, left, and Board mentor school Member Mike Cavanaugh. children as part of the Partnership 4 Kids program.
2014 Key Account Survey Among commercial and industrial customers, 212 key accounts make up a large portion.
The following chart shows how these customers scored OPPD's Account Excecutives invarious categolles.
Frequency of Contact 2013 2014 Authority to Resolve Problems/Make Desicions Flexibility to Resolve Issues Timely Answer Questions 0 Knowledge of Your Business Overall Performance I I II I I I l 82% 84% 86% 88% 90% 92% 94% 96% 9 39lx
- Scores based on the top two box ratings combined (4 or 5 on a scale of I to 5,with 5 being 'Extremely Satisfkd') I statements tested, concerning satisfaction with account exect X six 2014 OPPD Annual Report 14 I-
Guy Lucey, supervisor of Substation Engineering, Great Service Requires Constant Attention and Katie Brenneman, account executive, discuss Our electricity is powering everything from high-tech data centers, customer needs at the site of a new data center.
healthcare and manufacturing facilities and insurance companies to Fortune 500 food giants and online brokerages.
OPPD's commercial and industrial customers are growing more diverse - each with their own unique needs. And their expectations in terms of problem-solving and customer service, in general, are higher than ever. As it turns out, so is their view of OPPD, according to the 2014 Key Account Survey.
The survey, conducted at the end of the year, gathers feed-back on OPPD's overall image, pcentage of OPPO's percentage of OPPO energy sales to commercial customers who Rickie Kellar, a first class machinist, works on value and performance. It also and Industrial customers are commercial or turbine equipment as part of a massive mainte-asks the customer to evaluate In2014 Industrial nance project at Sarpy County Peaking Station.
the specific performance of their account executive.
Scores related to the value they get from OPPD are the highest in seven years. It's about hard work, getting in front of the customer and working with them to find solutions.
Ten OPPD account executives specialize in different industries and provide key accounts with service via a single point of contact on numerous issues.
It takes a team effort.
Behind the ratings are the work and support of all areas of the company - from production to meter reading.
15 2014 OPPD Annual Report
Statistics (Unaudited) 2014 2013 2012 2011 2010 2009 2008 2007 2006 205 Total Utility Plant (at year end)
(in thousands of dollars) ........... 5,395,489 5,288,168 5,187,395 5,027,093 4,865,417 4,678,449 4,561,815 4,259,501 4,166,997 3,656433 Total Indebtedness (at year end)
(in thousands ofdollars) ........... 2,224,843 2,267,277 2,296,305 2,085,540 2,011,969 1,937,704 1,902,403 1,866,472 1,565,807 1,133,171 Operating Revenues (in thousands ofdollars)
Residential ................................. 379,986 385,171 362,105 337,053 335,294 292,887 271,935 267,042 249,174 237798 Commercial ............................... 311,917 306,719 292,296 274,102 284,400 265,668 238,496 228,060 213,314 204 Industrial .................................... 207,649 213,742 197,225 186,417 164,621 139,865 109,827 100,239 94,109 91W Off-System Sales ...................... 223,055 118,268 123,191 159,732 184,374 158,354 127,676 110,399 96,500 120030 FPPA Revenue .......................... (20,147) 15,169 (3,237) 35,345 269 - - - - -
Unbilled Revenues .................... (1,800) 4,490 4,517 (4,239) 1,232 7,449 3,391 1,742 2,527 630 Provision for Rate Stabilization (4,000) - - - - - - - - -
Provision for Debt Retirement. - 17,000 17,000 24,000 (13,000) 13,000 20,000 27,000 (15,000) -
Other Electric Revenues ........... 29,798 29,654 54,900 29,352 29,160 22,743 16,648 15,771 36,204 13436 Total ....................................... 1,126,458 1,090,213 1,047,997 1,041,762 986,350 899,966 787,973 750,253 676,828 66652 Operations & Maintenance Expenses (in thousands of dollars) ........... 832,519 796,104 770,073 789,516 720,957 653,993 561,396 508,524 461,101 44 70 Payments in Lieu of Taxes (in thousands of dollars) ........... 31,651 31,827 30,094 28,217 27,851 24,810 22,426 21,398 20,241 1,693 Net Operating Revenues before Depredation, Amortization and Decommissioning (in thousands of dollars) ........... 262,288 262,282 247,830 224,029 237,542 221,163 204,151 220,331 195,486 19589 Net Income (in thousands of dollars) ........... 51,925 55,276 54,829 54,440 40,047 46,557 79,186 89,489 84,290 8K171 Energy Sales (in megawatt-hours)
Residential ................................. 3,559,978 3,607,439 3,595,316 3,602,973 3,644,400 3,361,672 3,486,858 3,546,116 3,374,053 3,35,196 Commercial ............................... 3,638,193 3,561,707 3,492,745 3,481,459 3,777,092 3,672,982 3,758,853 3,750,634 3,577,436 3,53!,036 Industrial .................................... 3,500,977 3,606,611 3,670,346 3,698,719 3,427,710 3,039,396 2,877,282 2,759,087 2,664,743 2,6,634 Off-System Sales ...................... 7,694,203 3,925,574 3,671,978 4,631,175 5,552,645 5,534,803 3,003,888 2,858,004 2,486,483 2,5 433 Unbilled Sales .......................... (39,493) 26,221 28,558 (85,917) (24,109) 74,416 50,374 13,858 9,628 2 85 Total ....................................... 18,353,858 14,727,552 14,458,943 15,328,409 16,377,738 15,683,269 13,177,255 12,927,699 12,112,343 12,05 584 Number of Customers (average per year)
Residential ................................. 315,705 311,921 308,516 308,412 303,374 299,813 296,648 293,642 289,713 284,310 Commercial ............... 44,785 44,221 43,589 43,564 43,225 43,134 42,867 42,214 41,488 4,665 Industrial .................................... 177 193 210 206 154 151 142 134 132 133 Off-System ................................ 15 33 35 41 38 34 32 35 37 39 Total ....................................... 360,682 356,368 352,350 352,223 346,791 343,132 339,689 336,025 331,370 32,147 Cents Per kWh (average)
Residential ................................. 10.68 10.68 10.12 9.37 9.22 8.77 7.82 7.51 7.40 7.07 Commercial ................. 8.57 8.61 8.40 7.89 7.54 7.29 6.36 6.07 5.99 5.77 Industrial .................................... 5.94 5.96 5.38 5.05 4.83 4.62 3.82 3.64 3.55 3.46 Retail .......................................... 8.42 8.43 7.94 7.42 7.26 6.96 6.13 5.93 5.81 5.58 Generating Capability (at year end)
(in megawatts) ........................... 3,232.1 3,237.0 3,208.8 3,222.7 3,224.7 3,223.9 2,548.8 2,548.8 2,544.1 242.5 System Peak Load (in megawatts) ........................... 2,291.1 2,339.4 2,451.6 2,468.3 2,402.8 2,316.4 2,181.1 2,197.4 2,271.9 2 3.3 Net System Requirements (in megawatt-hours)
Generated .................................. 16,212,801 13,209,542 12,855,389 13,807,712 15,870,513 15,263,983 12,477,032 12,274,660 11,341,827 11,11,808 Purchased and Net Interchanged .......................... (5,026,318) (1,819,871) (1,529,643) (2,576,167) (4,428,059) (4,627,627) (1,864,214) (1,738,833) (1,268,780) (1,14 3)
Net.............................................. 11,186,483 11,389,671 11,325,746 11,231,545 11,442,454 10,636,356 10,612,818 10,535,827 10,073,047 10,031,905 2014 OPPD Annual Report 16
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OPPD Minibond Holders
,OPPD isthe Ppying*Agen't;7 ýTran'sfer'ýý A'ý'et and.
NX N~' <N Regi~strar on OP'PD's!MWMi1niods'. 'OPPDQ Mini-bond Administration provides in ormation and assistance tod Miniborid h61der"segaidng:
~N N 7 Interest Payme~nts'
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,,',,Interest Interest-Bearing Milnibons x
'is paid 0oApril 1 and October 1 each year:
.Ownership Trans fer" Holders Minibondd Transfer Information Forms can be obtained via oppd.com or bycontacting the Commercial Pape H.o, M'::i"nibond Administrator., (1See below.)
Issuing and PayingAgent
- OptionalEarlyRedemrtion" The Bank.bf Ne: w Yrk.Mell1°nTrust ;,lReplacementofLs inibond Certificate' Company, N.A.
Investor Relations and ew York, New York Minibond Administrator Youmayn contact the Minibond Administrator at:
COrporate Information_ ,Senior, Subordmat e and. Minibond Administrator.
Corporate Headquartersi Separate System BDndholders Omaha Public Power District "Cr rate Headquarters; r: ' You may contact OPPD withh'questions 444 Suth 16th Street Mall Eergy Plaa about OPPD debt at: "Omaha, Nebraska 68102-2247 444 South 16th
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' ,,F-nance & InVestor-Relatlons R el.tions Entail: minibonds@oppd.com Omaha, Nebraska 68102-22477, Omh6 Pbic* P-&, District . Omaha, Nebraska, area: 402.636-3286 402-636-2000 444 Soum th 16th Street.Mall , Outstate Nebraska: 800-428-5584 ppd+.c ,. , Omaha,:Nebraska68102-22
~47 Gleneral Counsel Em i:fnfo 0oppd.comn '.Available Financial Information FraserStryker PC LLO ,402-636-3286 In cowmpliancewith Securi tes anhdl EIxchange Omaha NebaskaThe Tr~isteeand Paying Age nt on OPPD's b Comm ission: Rule 15c2-1 2, infoiration' regard-in'g OPPD isavaIlable through'the Muncpal Financial Advisor Senior Lien DebtjSubordin Barc..lays Capil n;. ',Bonds and Separ'te"Sy'sterm ted Revenue - ecurities Rulemaking Board's Electronic N/ew York, New York The Bank of New York Mel,- Revenue Bonds is "Municipal Market Access System. Copies Of Consulting Engineer n Trust Company, "..its-most recent annual reports, interim reports Ne~e Sraeines Sltiis N.A. You may contact Th.e ESank of New-York and official statements.also are available uponi
-NewGenStrategies &Solution's -. 'Melion Trust Company, N.Adirectly at: request at finfo@oppd.com oi at the following, Lakeood~ ColradoThe Bank ofNew Yo~rk Mellon address:
Independent Auditors Trust 'Company N.A. Finance Division 6Deloitte & Touche LLP GlobalCorporateTrust, I Omaha Public Power District Omaha,'Nebraska 2 North LaSalle Street, Suite 1020 W 444 South 16th Street Mall
- ,Bond Counsel Chicago,' Illinois 160602 Omaha, Nebraska 68102-2247 Kutak Rock LLP Email: corporate.bond.researc:h@bnymellon'.com Financial information in the annual report also is Omahq, Nebraska Bondholder Relations: 800-2554-2826 available at oppd.corn
On the cover Lena Foye works with a customer over the phone, one of nearly 644,000 calls fielded by Customers Care Services in 2014.