TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo
RECs Revenue and Spending Trends (1/2)
FY22
FY23B FY23F
FY24P
FY25P
FY26P
RECs to be Purchased Unbundled from Energy
25,000
25,656
35,656
36,582
36,582
36,582
NC REPS Compliance
Cost of RECs Purchased ($ million)
$0.1
$0.1
$0.5
$0.6
$0.6
$0.6
Avg Unbundled REC Purchase Price ($/REC)*
$4.35
$4.74
$13.72
$17.35
$17.35
$17.35
RECs to be Used
55,216
65,567
63,360
77,728
77,728
77,728
Revenue ($ million)
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
Avg REC Sales Price ($/REC)
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Customer Solutions
RECs to be Purchased Unbundled from Energy
0
0
0
0
0
0
Cost of RECs Purchased ($ million)
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
Avg Unbundled REC Purchase Price ($/REC)
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
RECs to be Used
1,472,209 2,069,184 1,270,318 2,589,586 2,777,437 4,234,380
Revenue ($ million)
$4.4
$5.3
$3.2
$6.7
$6.9
$10.3
Avg REC Sales Price ($/REC)
$3.02
$2.55
$2.51
$2.57
$2.49
$2.44
*This line represents the average unbundled REC purchase price for all technology types. Expected unbundled REC purchase price for swine RECs is $125/REC, for poultry RECs is $90/REC, and for biomass RECs is $0.50/REC.
TVA Restricted Information - Deliberative and Pre-Decisional Privileged
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