Oklahoma Municipal Power Authority (OMPA) financial report, 3rd qtr 2012

              THIRD QUARTER REPORT
FINANCIAL REVIEW
The 2012 third quarter compared well
with the prior period with $9.3 million
net revenue, an increase of almost $2
million.
Results for the 12 months ending
September 30, 2012 were unfavorable
versus the comparable period in 2011.
The unfavorable 2012 results were
driven by increased operating costs,
primarily the cost of transmission
service.
The OCP grant program, administered
by OMPA, ended August 31, 2012. The
grant provided incentive for the installa-tion
of energy efficient ground source
heat pumps and customer energy audits.
1,755 tons of GSHP were installed
under the program. In addition, a total
of 1,317 energy audits were performed.
BOARD ACTIVITY
In October 2012, Jim Frieda, City
Manager for the City of Duncan, Okla-homa,
joined the OMPA Board. Mr.
Frieda replaced Mr. Clyde Shaw who
retired from the OMPA Board after
eight years of service.
Energy deliveries for the third quarter of 2012
were slightly lower compared to 2011. Energy
costs were lower in 2012, driven by low natural
gas prices.
Oklahoma Municipal Power Authority
2701 West I-35 Frontage Road
Post Office Box 1960
Edmond, Oklahoma 73083-1960
Owned by the members we serve.
(Front) OMPA: Energy Wiser, Energy Smarter emphasizes the various programs the
Authority offers to reduce peak load and improve energy efficiency. The Oklahoma Comfort
Program (OCP) uses funds from the Stimulus State Energy Program (SSEP), as adminis-tered
by the Oklahoma Department of Commerce, to provide residential energy audits and
rebates for the installation of Geothermal Heat Pump (GHP) systems. The intent of the
Demand and Energy Efficiency Program (DEEP) is to provide incentives to commercial and
industrial businesses that invest in energy-efficient projects. The objective of the WISE
Rebate Program is to assist participating member cities in encouraging residential custom-ers
and subdivision homebuilders to purchase and install energy-efficient air conditioners
and electric heat pumps. The Competitive Utility Program (CUP) provides members with a
way to evaluate and improve the operation of their electric utilities, and make them better
able to compete in the electric utility industry.
Printed at no cost to the taxpayers of Oklahoma. 100 copies of this publication have been
printed by OMPA at a cost of $40.24.
Cindy Holman, General Manager
November 5, 2012
Oklahoma Municipal Power Authority (OMPA)
Third Quarter Financial Report
For Period Ended September 30, 2012
OMPA Website Address: www.ompa.com
1.50
1.70
1.90
2.10
2.30
2.50
2.70
2.90
3.10
3.30
OCT NOV DEC JAN FEB MAR APR MAY JUNE JULY AUG SEPT
System Fuel Cost
12 Months Ended September 30, 2012
2010/2011 ¢/KWH 2011/2012 ¢/KWH BUDGETED FUEL COST
100
150
200
250
300
350
400
450
OCT NOV DEC JAN FEB MAR APR MAY JUNE JULY AUG SEPT
System Energy Delivered
12 Months Ended September 30, 2012
2010/2011 GWH 2011/2012 GWH