VALUE VS COST
CMPAS’s annual administrative budget in 2014 was $2.7 million and was offset by monetized benefits totaling $4.8 million. The benefits of agency membership doubled CMPAS’s administrative cost.
The benefits can be categorized into three categories:
- Revenues from cost sharing services with non-members
- Monetized benefits shared by all agency members
- Revenue from excess energy sales
- Revenue from MISO for recovery of agency current year transmission planning costs
- Revenue from MISO for recovery of past Agency pre-commercial Brookings project costs
- Net revenue from transmission congestion hedging strategies
- Monetized individual member benefits
- Revenue from MISO for tariff recovery for member owned transmission assets
- Net Revenue from MISO for agency Brookings transmission project investment tariff recovery
- Revenue for member excess capacity sales
In addition to the monetized benefits depicted above, the most significant value the agency provides members is a well-planned power supply portfolio. As a result of CMPAS’s efforts, its members experience some of the lowest costs in the region and are well positioned to handle future uncertainties with well-diversified power supply portfolio.