ML20141J594
| ML20141J594 | |
| Person / Time | |
|---|---|
| Site: | Cooper  |
| Issue date: | 12/31/1996 |
| From: | Boyd W, Graham P, Mayben W NEBRASKA PUBLIC POWER DISTRICT |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| References | |
| NLS970104, NUDOCS 9705280168 | |
| Download: ML20141J594 (47) | |
Text
{{#Wiki_filter:- . . . .. - _ - . . . e - 4 l a P.O. BOX ILLE NEB SKA 68321 Nebraska Public Power District
- a: "'!W=ti i
l l NLS970104 May 19,1997 l U S. Nuclear Regulatory Commission l Attention: Document Control Desk ) Washington, DC 20555-0001
Subject:
Nebraska Public Power District 1996 Annual Financial Report
- NRC Docket No. 50-298, DPR-46 1
Gentlemen. 1
- In accordance with the requirements of 10CFR50.71(b), the Nebraska Public Power District submits its Annual Financial Report for calendar year 1996. Copies of this report are being distributed in accordance with 10CFR50.4.
Should you have any questions or require additional information, please contact me. Sincerely, PD w
- P. D. Graham Vice President of Nuclear Energy i I
/nr -
Enclosure 1 cc: Regional Administrator w/ enclosure , USNRC - Region IV l Senior Project Manager w/ enclosure USNRC - NRR Project Directorate IV-1 Ij()Ok'f L i l- . Senior Resident Inspector w/ enclosure USNRC l J. T. Gilliland (NRC) w/ enclosure NPG Distribution w/o enclosure @ . P& 9705280168 961231 L (: PDR ADOCK 05000298 ,- - _ =n_ _ l"ower u
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l ,, l ATTACHMENT 3 LIST OF NRC CONMITMENTS l ! Correspondence No: NLS970104 l The following table identifies those actions committed to by the District in this ! document. Any other actions discussed in the submittal represent intended or planned actions by the District. They are described to the NRC for the NRC's information and are not regulatory commitments. Please notify the Licensing Manager at Cooper Nuclear Station of any questions regarding this document or any associated regulatory commitments. COMMITTED DATE COMMITMENT OR OUTAGE None l l l l PROCEDURE NUMBER 0.42 l REVISION NUMBER 4 l PAGE 8 OF 9 l
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l l REFERENCE GUIDE i Message from the President and Chairman 1 Power Supply System 30 1996 in Review 6 Nuclear Facility 35 1996 Statistical Review 18 Map 42 Electric System 20 Board of Directors and Executive Team 44 - YEAR AT A GLANCE Kilowatt hour Sales (Electric System) 13.3 billion Kilowatt hour Sales to MidAmerican Energy Company (Nuclear Facility) 3.2 billion I Operating Revenues (Electric System) $ 4 6 7.9 million Operating Revenues from Sales to MidAmerican Energy Company (Nuclear Facility) $9 2.4 million Cost of Power Purchased and Generated Uncluding Nuclear Facility and Power Supply System) $ 3 3 4.9 million Other Operating Expenses $10 9.6 million Net Revenues $14.8 million Debt Service Coverage 2.30 i NEBRASKA PUBLiC POWER DISTRICT Nebraska Public Power District (NPPD) is a public corporation and political subdivision of the State of Nebraska. Control of NPPD and its operations is vested in an 11-member Board of Directors popularly elected from subdivisions within NPPD's chartered territory, which includes all or parts of 91 of the state's 93 counties. NPPD operates an integrated electric utility system, including facilities for generation, transmission and distribution of electric power and energy for sale at wholesale and retail, and a surface { water irrigation system. T COVER: BARN INLAND. NEBRASKA l 'JPPD has been Nebraska's energy leader for more than 25 years. We've invested a lot in rural Nebraska-and it's more than financial. I We live in the communities we serve. Our customers are our neighbors. our family and our friends. We don't make decisions in a skyscraper thousands of miles away; we make them on the plains where our customers live. We strive to serve the customer in the , best way we can, because we're going to see them tonight at a school event or tomorrow at church. And we want to say that we did the best thing we could for the customer. f l 1 k, m.m_ _ _ - - _ - -
MESSAGE FR0M THE PRESIDENT AND CHA1RMAN OF THE B0ARD Changes are inevitable in tua electric utility long learning opportunit;es and continued develop-Industry during the next three to five years, and mont for each employce. NPPD is committed to to be successful NPPD knows it is critical to being this type of learning organization-where pg- focus on our customers. While elected officials all employees are encouraged to achieve their will be grappling with electric utility restructur- fullest potential by becoming performance-p ing issues, NPPD stands committed to being not focused, with corresponding rewards going to
, only Nebraska's energy leader, but also becoming employees and ultimately to our customers.
a " total energy" company. Learning about our customers' needs led us to an There is no sure way to predict the future for the effort in early 1997 to change state law to allow electric industry; however, NPPD will not com- NPPD to enter both the natural gas and telecommu-promise its values in support of rural Nebraskans. nication markets. Our customers have requested We plan to serve the needs of all consumers living we provide these services. On the natural gas side, in rural areas, either directly or indirectly in part- five communities in Nebraska voted on initiatives nership with our wholesale rural power districts to municipalize their natural gas systems in 1996, and municipal utilities, by providing the lowest Some of those communities approached NPPD cost electrical energy possible to consumers in asking if they took over their system, wouhl we the communities and in the farm and ranch areas contract with them to operate it, bringing us one we serve. We will work to enhance the quality of step closer to becoming a " total energy" company. life in rural Nebraska in all ways possible. NPPD, s at the same time, will continue its dedication to in reference to technology, much of rural operating its facilities in an environmentally Nebraska does not have affordable local access to responsible and safe manner, digital technology. liasic Internet access requires a long distance call for many Nebraskans. Private During the past year, NPPD made a number of companies see bringing access to technology to changes to become more effectivm 1) " Flattening" smaller communities as purely an economic issue
, the organization and delegating duties to individu- without an adequate return on investment. Our
) als closer to the customer where the knowledge commitment is to help bring the new technologies and experience resides to make a sound decision of communication to all of the state, not just the on a given issue has helped us to moro quickly meet urban areas. our customers' needs; 2) Restructuring placed our business units in a much better position to llecause we use an integrated telecommunication increase efficiency, lower costs and establish network to operate our electric system, we can join strong, responsive relationships with our c u s- with entities in the private and public sectors to tomers; 3) Restructuring the floard of Directors' develop a statewide telecommunications system 1 committees allowed them to mirror the organiza- that serves the needs of our customers. For exam-tion's primary areas of business, plc, hospitals and university research centers could
; be linked through the statewide system, or hospitals The new organization allows NPPD to be rapid in could be linked to specialt3 clinics, universities its decision making and carefully creative with linked to community colleges, community colleges respect to new market o p p o r t u r. it ie s, products to high schools. Adding telecommunication and I and services. Winners in these areas will be learn- natural gas services would offer our customers even ing organizations adaptable to rapidly changing greater opportunities for choice and convenience, conditions. Electric utilities in the new world of and will allow us the opportunity to offer a variety ,
co m pe titio1. must be committed to creating life- of integrated services down the road.
NPPD is tha only statewide service provider in are prepared to service the future needs of our Nebraska to deal with emerging technological and customers with low-cost, efficient, environmen-service issues in rural areas. As a contributor to tally protective energy and to be a prime rmver of the economic development of rural Nebraska, we information on a statewide telecom m u n i :a tions see these as quality of life issues as well as criti- network. Ily offering these services, we will con-cal to rural Nebraska's survival. IIelping the rural tinue to demonstrate our leadership by a :sisting economy and quality of life are two guiding all areas of Nebraska in maintaining economic 3 principles for this organization as we work with strength. Whether there are dramatic public [, policy makers to determine the future of public policy changes or not, NPPD will be Nebraska's s power in Nebraska. s energy leader when it comes to serving the needs , of all Nebraskans. As we attempt to anticipate changes in public policy concerning the electric utility industry, we are preparing for customer choice and wide-open competition with a "no regrets" approach. What customers decide they want from an energy com-pany will help NPPD determine the types of diverso services and products we will offer to meet these needs. If, however, the public policy in g Nebraska is to not let individual customers choos" Wayne E. Iloyd their electric supplier, we fully intend to bring the
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chairman of the nourd of nirectors benefits of an active competitive market to our customers. We will pass on any cost-saving bene-fits as well as broaden their selection of products and services as a " total energy" company. Five years from now, the electric utility industry g;;;;, g g could be changed dramatically in Nebraska. We President unct chie'f Exm utive Of fu er l l l l l l l l
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I I C NUCOR STEEL NORFOLK, NEBR ASK A Business analysts predict that utilities who have close relationships with their largest customers have the best chince of success in a deregulated environment. We've been hving that philosophy for years. John Fernola tief ti runs NUCOR Steel, NPPD's largest industrial customer. He involved NPPD carly in planning for NUCOR's latest expansion which is set to begin operation in August. Working side by side to ensure the success of both of our companies is a philosophy NPPD President and CEO Bill Mayben (middle) and Chairman of the Board Wayne Boyd (nght) use to guide our daily operations. Success and good relationships add up to a great future for us all. l l
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l F0CUSED 0N OUR CUST0MERS Understatuling what makes our customers sur- No ef fort would be complete without research cessful will be a key to NPPirs own success in into our customers' needs. Through our < orporate 1997 and beyond. The electric utility industry development and marketing area. NPI'D is con-and market are f acing a nuinher of changes, and ducting researt h and having discussions with our NPPD is not only prepared for these ( hanges, but will also work with its customers to ensure their customers to better understand their business M needs, and will then design and offer products ~l needs are met as these thanges take place. and services to meet those needs. g To meet our customers' needs, particularly those in As part of this continuing drive to make our cus-rural Nebraska. we restructured our organization tomers suc cessf ul, NI'PD will work to lower cler-so that we could focus on the two tore businesses trit oosts for Nebraskans. That is why it is l we will need to succeed in the f uture: energy supply important our nuclear program continue to l and customer services. linergy supply includes our demonstrate a high level of per f ormaru c. It is imper.e generating facilities and our live that Cooper Nuclear irrigation business. Customer Station (CNS) tontinues to l servi ( es enc ompasses our tw" BY BETTER UN D E R ST A N DIN G IIH P IO \ " puflu f Hid HL" HHd key business units, w holesale OUR CUSTOM E R $' NEEDS THROUGH lower its Lost of electricily. ) and retail. RESE ARCH, WE C A N DESIGN AND particularly in light of deregu- ) 0FFER PRODUCTS AND SERVICES 70 lation of the electrit utility l This new structure will allow MEET THOSE N E EDS. industry and resultant tom-us to work with our cus- petition. CNS is competitively tomers in a number of w ays. positioning i t sel f, while Energy supply's goal is to provide safe, reliable, improving its regulatory standings and generating l low-cost electritity to the inlet to the transmission elertricity in a safe manner. It will continue to he grid, while ( onlinuing to iluprove overall perfor- an integral part of NPPirs diserse generating l mance, providing savings which will ultimately mix. Its vision is to operate for its lic ensed he passed on to customers at wholesale ami retail. life-t h rough 2014. l W will make our resources wailable to our wholesale customers to help them het ome more Although NPPirs fossil energy group has already ef ficient in supplying the energy needs of their made significant strides in this area, it will l customers in rural Nebraska. At the retail level, continue to focus on lowering overall energy costs l we will focus on maintaining our presem e in the in the fossil and hydro generation areas, and will l t o nun u n i t ie s we serve and protiding low-c ost pass these sas ings onto our c ustomers. Reduced electricity and other s ulne-added servit es. expenses and increased produt tion will con-tribute to these savings for this business line.
l Water resources' focus on our irrigation customers As part of our continuing efforts to enhance the 1 1 aims to urulerstand their needs and implement cluality of life for rural Nebraska, NPPD will share ' l actions to satisfy them. Hy becomiag more effi- technologies we use to operate our vast transmis- l ) cient in tho water resources area, we will be able sion and distribution systems. This will facilitate 10 offer our rural water users more cost-efficient access for rural communities to the same tech- I irrigation services. Efficiency saves the fa r m e r nologies available in metropolitan areas. We will h ~ money, builds the state econorny and ultimately also share our engineering knowledge to assist j contributes to the growth of the national and other utilities in designing distribution or sub- ' jf international economics by keeping costs low for transmission system improvements. the food we all consume. Advancements in technology provide significantly l NPPD customers can also expect continued rate more capacity on our telecommunications system l stability in the coming year. While natural gas than we expect to need in the near future. I prices rose during 1996, N P P D's electric rates Therefore, we have developed a strategy to I were 3, table. Stable electric rates will continue in provide some capacity to schools, the medical 1997, benefitting all of our conununities and municipali-customers, particularly rural ties in rural Nebraska. The l l Nebraskans. This winter's cold Northeast Distance I. earning weather increased bills, in S TAB LE EL E CTRIC R ATES WILL . . CONTINU E IN 19 9 7, B E N E FIT TIN G ALL pilot project is a superb response, we of fered cus- example. We allow access to 0F OUP CUSTOMERS, P ARTICUL ARLT tomers a choice to " level" RUR AL NE8R A$K ANS, the infrastructure (excess their electric bills throughout capacity on the network), and the year-average the pay- Northeast Conununity College ment for the full year and pay uses the telecommunications the same amount each Inunth-thus allowing cus- system to offer distance learning for students in tomers to budget more accurately. South Sioux City. We hope to foster more of these arrangements, working together with our cus-New issues facing the industry will present chal- tumers for educational and economic opportuni-l e n y,e s . NPPD looks forward to addressing and ties for rural Nebraskans.
- wsolving any new legal challenges, including those related to competition and competitors. Gur Another example of our customer focus is l
Gmeral Counsel's Of fice will support the busi- improvements completed in 1996 on our transmis-l ness units in our drive to serve our customers sion system to provide electricity more reliably to competitively in the coming years. There is much our customers. In April 1990, we completed con-work to be done in a deregulated market, and our struction of the Pauline-Moore 345 kV line in l legal department stands poised to assist each busi- south central Nebraska, and put it into service. ! ness unit at NPPD to better serve the customer. This line helps us better serve customers in l ., Nebraska by improving reliability, reducing l l lh
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will not likely guarantee employment, but help guarantee will
" employability.' We believe that Record peak loads, for example, were set during whtm we help our employees develop to their both the summer and winter of 1996. A record greatest potential, they will feel confident aiul summer peak load of 2,029 megawatts was estab-empowered, and as a result, will proside us with lished in July 1990, exceeding the previous sum-a competitive edge. mer peak load of 1,939 megawatts established in July 1995.
A record winter peak load of 1,011 Our commitment to our people and custorners is m ega wa t t s was established in December 1990. ' further reflected in our initiation of a performante- This exceeded the previous winter season peak ' demand of 1,600 m ega wa t t s. based environment where employees are rewarded Energy sales and , for their contributions to the success of the organi- operating revenues were also at an all-time high. e zation. For the firs t time in our history, our Two employees will be eligible for gainsharing dollars plants-Sheldon Station and CNS-set all-time generating records. When we, as an organization, can provide our cus-. During the record pro-tomers with low-cost electricity, our employees duction year. CNS experienced a planned outage will likewise ben e fit fin a n - in June 1996, to locatc and remove a leaking fue: clally. Our employees can bundle. This was completed look forward to a process in 10 days and is an industry where they will be evaluated OUR COMMITMENT TO IMPROVEMENT record for this type of outage. on their achievetnent of goals a No PasstNo LONs-TERM s e y:NGS ON TO OUR The plant also experienced CUSTOMERS SNOWS rather than on tenure. We are its lowest personnel radiation moving toward an organiza. N PPD'S IN TE N TIO N T0 f.E A D IN A RES TR UCTU R E D E NVIT DNME N T, exposure in history in 1996. tion which develops its employees to enable them to C N S 's next refueling and achieve goals and truly benefit from the achieve- maintenance outage is planned ment by rewarding them for performance. for March and April 1997. The last such outage, in 1995, lasted 77 days. The goal for the 1997 outage This coming year will build on successes we is 40 days. Tlis is a challenge for the staff of CNS but , achieved during 1996. Restructuring efforts dur- by suueasfully demonstrating our commit-ment to ing the past year improved our ability to serve our improvement and passing the long-term savings customer base effectively. Similarly, we elevated onto the customer, NPPD is showing its our employees' awareness of our customer needs, intention to lead in a restructured electr;ic market, starting " voice of the customer" training. However, our successes were not only focused on Additionally in 1996, Gerald Gentleman Station internal efforts to establish a company-wide ef fort established its second highest generation level to be more custoiner-oriented. NPPD's efforts in These records wern set while continuing to ever. 1996 also resulted in a number of tangible " firsts" improve overall safety and regulatory perfor-on our bottom line. mance. We are focuse a on < onlinuing to improve this record-setting performance.
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l ' 1 IlilderStainling What makes our customers suc- No ef fort would be c omplete without research ressful will be a key to NPPI)'s own success in I into our custurners' needs. Through our corporate 1 3 1997 and bey orni. The electric utility industry development and marketing area, N PPI) is ton-l and market are facing a ntunber of changes, aint ducting research arul having discussions with our NPPI) is not only prepared for these changes, but customers to better understand their business will also work with its customers to ensure,their needs, and will then design arul offer products needs are met as these < hanges take place, ami services to meet those needs. g l To ineet our customers' needs, particuhirly those in As part of this continuing drive to make our cus- l rural Nebraska. we restructured our organization tomers successful. NPPD will w ork to lower elec-30 that we could focus on the two core businesses tric costs for Nebraskans. That is why it is we will need to succeed in the future: energy supply important our nuclear program continue to and customer services. Energy supply includes our demonstrate a high lewl of perfornunn e. It is impera-generating f acilities and our tive that Cooper Nuclear I irrigation business. Customer Station (CNS) continues to ser\ ices encoinpasses our two BY BET TER UNDERST A NDING im prove performance and l key business units, wholesale OUR CUSTOME RS' NEEDS THROUGH hiner its c ost of elm tricity. l I and retail. RESEARCH, WE CAN DESIGN AND particularly in light of deregu-0FFER PRODUCTS AND SERVtCES T0 lation of the elec t ric utility This new structure will allow MEET THOSE NEEDS. industry and resultant com-us to work with our cus- petition. CNS is competitively tomers in a nuinber of ways. positioning i t s e l f, while Energy supply's goal is to prot ide safe, reliable, improving its regulatory standings and generating low-cost electricity to the inlet to the transmission electricity in a sale manner. It will continue in be grid, while continuing to improve overall perfor- an integral pati of N PPI)'s diverse generating mance, providing savings which will ultimately mix. Its vision n to operate for its licensed be passed on to customers at wholesale and retail. lif e-t hrough 2014. We will make our resources available to our wholesale customers to help them become more Although NPPI)'s fossil energy group has already e f ficie n t in supplying the energy needs of their niade significant strides in this area, it will customers in rural Nebraska. At the retail level, continue to focus on lowering overall energy < osts we will focus on maintaining our presence in the in the fossil and hy dro generation areas, and will conununities we serse and providing low-cost pass these savings onto our customers. Reduced elm tricity and other value-added services. expenses and increased production will con-tribute to these savings for this busines, line.
- ~ - ~ - ~ - - - - - - - - - - - - - - - - - - - - - - - - _ - - _ _ _ _ _ _ _ _ _ _ _ _ _ _ - , - - - - . _ . _ _ _ _ , , _ _ _ _ _ _ _ _ _ _ _
Water resources
- focus on our irrigation custoiners As part of our continuing efforts to enhance the aims to understand their needs and irnplement quality of life for rural Nebraska, NPPD will share actions to satisfy them. Ily becoming more effi- technologies we use to operate our vast transmis-cient in the water resources area, we will be able sion and distr'bution systems. This will facilitate access for rural communities to the same tech-to offer our rural water users more cost-efficiunt nologies available in metropolitan areas. We will irrigation services. Efficiency saves the farmer also share our engineering knowledge to assist money, builds the state economy and ultimately contributes to the growth of the national and other utilities in designing distribution or sub-international economies by keeping costs low for transmission system improvements.
the food we all consume. Advancements in technology provide significantly NPPD customers can also expect continued rate more capacity on our telecommunications system stability in the coming year. While natural gas than we expect to need in the near future. Therefore, we have developed a strategy to prices rose during 1990, N P P D's electric rates provide some capacity to schools, the medical were stable. Stable electric rates will continue in communities and municipali-1997, benefitting all of our ties in rural Nebraska. The customers, particularly rural Northeast Distance Learning Nebraskans. This winter's cold STABLE ELECTRIC R ATES WILL . a superb pilot project .is weather . increased bills, in CONTINUE IN 19 9 7, B E N E FIT TIN G A L L example. We allow access to response, we offered cus- 0F OUR CUSTOMERS, P ARTICUL ARLY the infrastructure (excess tomers a choice to " level" 54R AL NEBR A$K ANS, capacity on the network), and their electric hills throughout Northeast Community College the year-average the pay-uses the telecommunications ment for the full year and pay the same amount each month-thus allowing cus- systern to offer distance learning for students in South Sioux City. We hope to foster more of these tomers to budget more accurately. arrangements, working together with our cus-tomers for educational and economic opportuni-New issues facing the industry will present chal-lenges. NPPD looks forward to addressing and ties for rural Nebraskans. resolving any new legal challenges, including those related to competition and competitors. Our Another example of our customer focus is General Counsel's Office will support the busi- improvements completed in 1996 un our transmis-sion system to provide electricity more reliably to ness units in our drive to serve our customers our customers. In April 1990, we completed con-competitively in the coming years. There is much work to he done in a deregulated market, and our struction of the Pauline-Moore 345 kV line in south central Nebraska, and put .t into service. legal department stands poised to assist each busi-This line helps us better serve customers in ness unit at NPPD to better serve the customer. Nebraska by improving reliability, reducing 8 - - - --
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outage time and increasing ca pai i! n N P PI)'s Nebraska that NPPI) continue to improve at what is t ra n s mis sio n system. We also continued our done well-providing safe, quality service as well as planned program of refurbishing our obla trans- reliability and dependability at competitive prices. mission lines. These improvements enable the I)istritt to meet greater load requirements from our Whether addressing wholesale or retail customer custonu rs and give them more reliable service. needs, NPPI)'s traditional customers have fallen into one of four market segmentation groups: resi- }M in general, we will be looking to expand our pm t- dential, industrial, commercial and irrigation, in nerships with wholesale customers during 1997 a deregulated marketplace, it will be important to y so that they, too, may better serve their end-use further segment each of these groups in relation to > customets. This cooperative rebitionship with the their specific requirements. e
. o r.. ! power districts and municipalities will benefit their customers by providing them with Meeting these specific needs requires creativity tre targeted resources they need. With discussions and ingenuity. For example, we recently completed of "reia!I wheeling" and other issues related to a "home automation project" in a laboratory at restrutturing of the elettric our Columbus o f fice. This industry, there is a certain project, which is one we are level of concern with our using to help us learn more E XP ANDING OU R P A RTN ERSHIPS WITH .
wholesale c'tstomers on about the marketplace in WHOLES ALE CUSTOM E RS DURIN G 1997 Nebraska, involves a system where the . industry is headed. WILL H ELP THE M BETTER SERVE N PI'l) will continue to work which manages home energy THEIR E N D-US E CU STOM E R S. wit h these customers by usage. And it could be used sharing inforination on issues for other applications for the and demonstrating our com- h o m eo w n e r, such as home mitment to lowering costs and being more respon- security. It is another way we can serve the spe-sive. As the electric industry moves toward a cial needs of each of our customers. more competitive world, NPPI) intends to ensure that our wholesale customers are successful in the Internally, we are focused on our goal of being the changing industry. customer's choice in a deregulated environment. To meet this goal, our business plan for energy Wholesale power costs will also dramatically supply in 1997 set targets which continue to aff ect retail operations. In fact, approximately 70 improve performance and regulatory standings per< ent of the total costs of retail operations are while reducing costs through 2001. These goals the result of our wholesale power costs. The retail are primarily designed to lower costs incremen-area must work closely with our energy supply tally over the next.four years. This will also result business unit to ensure maximum utilization and in improved reliability of our products, leading to efficiency of our transmission and generation greater customer satisfaction. resources. It is important for end-use customers in .
Extensive benchmarking against tho best in r- exlmrtise to negotiate this "new roadmap,' and forming energy providers has been done in order ensure we support efforts to maintain safe, reliable, to set our performance and competitive goals, cost-competitive electric service to our customers CNS, for example, has used this type of compara- throughout the state. live information to continue improving its infra-structure. Plant processes and practices are being As we anticipate and prepare for this new continuously improved to reduce costs and roadmap of a much more competitive environ-improve efficiency. CNS will also devote inton- ment, we recognize more than ever that in order g sive effort toward improving design and license for us to be successful, our employees must he ) hasis information. considered "the" essential ingredient. We are conunittml at NPPD to the helief that people are NPPirs fossil energy group will control and our most important asset, and we have taken reduce expenses as part of this company-wide steps to demonstrate our commitment to our effort to improve on industry standards, We will employees. We firmly helieve that employees, if halance a strong environmental advocacy with the given the opportunity, will rise to the occasion to cost-officiency needed to suc- meet new challenges, and we ceed. ()ne of the largest are committed to not only expenses NPPD couhl face is giving them such opportuni-tougher environmental stan- WE BELIEVE TH AT PEOPLE ARE OUR ties but also provid.ing them dards which could impact us MOST IMPOR TA NT ASSET A ND H AVE with the tools which enable directly as a generator or TAKEN STEPS TO DEMONSTR ATE OUR
, , , , , , , , , , , , , , , ,,,L,,,,,, thm m NMWn um iWm through increases in cost from pendently to meet the needs our fuel suppliers. Therefore, of our customers.
we will monitor environmen-tal legislation at the state and federal level, work- To provide our employees with the necessary ing together with the Nebraska Legisla t u re and tools for them to becomo customer-focused and regulating agencies to ensure any changes work free to make decisions, we have created a new '. well to protect the environment and keep the elec- area which has the employees' development as its tric industry competitive for the consumer. main focus. Each employee will be given the / opportunity and coaching needed to develop As NPPI)'s business lines address these new regu- plans for their personal growth and to help them lations and legislation, or expand to meet future succeed in their work environment. customer needs, our legal services will respond to ensure we support these initiatives e f fec t iv ely. As a result of this change in focus. The Energy There are likely to be a number of new legal Institute of Nebraska has been created to provide issues facing the industry, from restructuring of our employees and ont customers a learning envi-the market to making environmental regulations ronment which will focus on the development of
- more stringent. ()nr legal department provides the skills and competencies. Individual development
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