FOR IMMEDIATE RELEASE: May 14, 2018
CONTACT: Lisa Meiman, email@example.com, 720-962-7411
LAKEWOOD, Colo. – Two years after its initial release, The Source website has expanded to include a decade’s worth of financial information related to the operations and activities of Western Area Power Administration.
“This is the culmination of several months of effort by many people around the organization,” said Senior Vice President and Chief Financial Officer Dennis Sullivan. “We will refresh this data annually for years to come as we continue to improve our collaborative transparency efforts with customers.”
The added information consists of data from Oct. 1, 2007-Sept. 30, 2017 and includes:
• Rates and sales data by power system
• Federal full-time equivalents
• Regional and Headquarters expenditures
• Capital investments by project
Also included on the site is the unobligated reserve balance strategy for Fiscal Years 2016 through 2020 and the most recent year-end balances.
A how-to guide and introductory narrative are also 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 expansion provides accurate information in a way that is meaningful for our customers, members of Congress and other stakeholders,” said Administrator and CEO Mark A. Gabriel. “Transparency is integral to business, technology and organizational excellence and our refreshed core values. We look forward to further communicating with our customers to meet their needs in the energy frontier.”
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. This expansion was modeled after the January 2018 draft of the Western Area Power Administration Transparency Act in the Senate.
About WAPA: Western Area Power Administration annually markets and transmits more than 25,000 gigawatt-hours of clean, renewable power from 57 federal hydroelectric power plants 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.
Last modified on September 12th, 2023