FOR IMMEDIATE RELEASE: Jan. 31, 2023
CONTACT: Teresa Waugh, email@example.com
LAKEWOOD, Colo. – On Jan. 31, Western Area Power Administration met its commitment to customers and stakeholders to update The Source
with financial and operational information for the past fiscal year, which included returning $300.6 million to the U.S. Treasury. WAPA has returned a total of $4.5 billion in the past 15 years. The narrative
provides context on WAPA’s fiscal year 2022 reported data and describes the primary drivers and variances between FY 2022 and FY 2021 costs.
The Source now contains 15 years of information from Oct. 1, 2007-Sept. 30, 2022, including:
- Rates and sales data by power system.
- Federal full-time equivalents.
- Regional and Headquarters expenditures.
- Capital investments by project.
- Returns to Treasury.
A how-to guide
and introductory narrative
are available to help visitors find, understand and interpret the data on the site. Both were developed to help users better understand the information and offer up-front answers to expected questions.
The Source website went live in 2016 and offers a one-stop shop for financial and operational information. WAPA partnered with customers to determine data elements and information that would best help them to understand cost drivers and expenditures.
Western Area Power Administration annually markets and transmits more than 28,000 gigawatt-hours of clean, renewable power from 57 federal hydroelectric powerplants owned and operated by the Bureau of Reclamation, U.S. Army Corps of Engineers and International Boundary and Water Commission in 15 western and central states. It is part of the Department of Energy. Follow us on Twitter @WesternAreaPowr
or visit the website at www.wapa.gov