Southeastern Power Administration 2011 Annual Report
Dear Secretary Chu: I am pleased to submit Southeastern Power Administration’s (Southeastern) fiscal year (FY) 2011 Annual Report for your review. This report reflects our agency’s programs, accomplishments, operational, and financial activities for the 12-month period beginning October 1, 2010, and ending September 31, 2011. This past year, Southeastern marketed approximately 6.2 billion kilowatt-hours of energy to 489 wholesale customers in 10 southeastern states. Revenues from the sale of this power totaled more than $264 million. With the financial assistance and support of Southeastern’s customers, funding for capitalized equipment purchases and replacements at hydroelectric facilities operated by the U.S. Army Corps of Engineers (Corps) continued in FY 2011. This funding, which totaled more than $45 million, provided much needed repairs and maintenance for aging projects in Southeastern’s marketing area. Currently, there are more than 214 customers participating in the funding efforts in the Georgia-Alabama-South Carolina, Kerr-Philpott, and Cumberland Systems of projects. Drought conditions continued in the southeastern region of the United States this past year, particularly in the Savannah River Basin. Lack of rain placed strains on our natural and financial resources. Power purchases for FY 2011 totaled approximately $38 million. About $9 million of this amount was for replacement power, which is purchased only during adverse water conditions in order to meet Southeastern’s customer contract requirements. Southeastern’s goal is to maximize the benefits of our region’s water resources. Competing uses of these resources will present another challenging year for Southeastern’s employees. With the cooperation and communication among the Department of Energy (DOE), preference customers, and Corps, I am certain Southeastern is positioned to meet these challenges in the future. We are committed to providing reliable hydroelectric power to preference customers, which ultimately serve more than 12 million consumers in the southeast.
- Research Organization:
- USDOE Southeastern Power Administration (SEP)
- Sponsoring Organization:
- USDOE Southeastern Power Administration (SEP)
- OSTI ID:
- 1132919
- Report Number(s):
- DOE/SEPA-2011-Annual-Report
- Country of Publication:
- United States
- Language:
- English
Similar Records
Southeastern Power Administration 2008 Annual Report
Southeastern Power Administration 2007 Annual Report
Related Subjects
Florida
Georgia
Illinois
Kentucky
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
West Virginia
Southeastern Power Administration
annual report
2011
human capital
information management
Energy Efficiency and Renewable Energy
customer funding
marketing objectives
marketing area
mission
vision
Kerr-Philpott System
Cumberland System
Jim Woodruff System
customer sales