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TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo

Purchased Power Spending Trends

FY22

FY23B

FY23F

FY24P

FY25P

FY26P

19,377

18,833

15,283

17,597

16,011

15,538

Purchased Power Agreements

Generation (GWh)

Unit Price ($/MWh)

$58.11

$62.46

$44.07

$49.99

$63.56

$65.14

Total Cost ($ million)

$1,126.0

$1,176.4

$673.6

$879.7

$1,017.7

$1,012.1

Renewable Purchased Power Agreements

Generation (GWh)

7,228

6,560

6,895

8,198

7,072

6,666

Unit Price ($/MWh)

$56.34

$58.64

$60.14

$60.94

$58.75

$58.17

Total Cost ($ million)

$407.2

$384.7

$414.6

$499.6

$415.5

$387.8

Renewable Energy Offerings

Generation (GWh)

1,456

1,616

1,818

1,945

3,153

4,085

Unit Price ($/MWh)

$57.02

$53.82

$48.41

$46.54

$42.53

$40.20

Total Cost ($ million)

$83.0

$87.0

$88.0

$90.5

$134.1

$164.2

Market and Transmission

Generation (GWh)

1,727

1,390

1,941

1,279

1,279

1,279

Unit Price ($/MWh)

$194.38

$117.34

$218.90

$164.53

$129.69

$131.35

Total Cost ($ million)

$335.8

$163.1

$424.9

$210.5

$165.9

$168.1

Generation (GWh)

29,788

28,399

25,937

29,019

27,515

27,567

Purchased Power Expense Total

Unit Price ($/MWh)

$65.53

$63.77

$61.73

$57.90

$62.99

$62.83

Total Cost ($ million)

$1,951.9

$1,811.1

$1,601.1

$1,680.3

$1,733.3

$1,732.1

TVA Restricted Information - Deliberative and Pre-Decisional Privileged

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