Fiscal Impact
A fiscal note shows the financial impact of a given legislative action.
Agreement with Sundial Solar for purchase of renewable electricity - Fiscal Note
No
Finance & Property Services
06200-8201430-512201
No
Renewable*Connect continues to cost an extra $0.005 – $0.008/kWh
BUDGET IMPACT
List of revenues and expenditures related to this request
| Request Financing | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue Sources | |||||
| Xcel electricity not purchased due to PPA solar arrays | $0 | $301,000 | $602,000 | $605,000 | $610,000 |
| Total Revenues | $0 | $301,000 | $602,000 | $605,000 | $610,000 |
| Expenditures | |||||
| PPA Payments | $0 | $267,000 | $535,000 | $535,000 | $535,000 |
| Total Expenditures | $0 | $267,000 | $535,000 | $535,000 | $535,000 |
| Net Budgetary Impact (Revenue-Exp.) | $0 | $34,000 | $67,000 | $70,000 | $75,000 |
Not Applicable
Not Applicable