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Best regards
Zmags
015
ANNUAL REPORT
EN12 EN16 EN22
s
transforming:
CONTENTS
1 CHAIRMAN’S MESSAGE
1 TRUSTEES AND MANAGEMENT
2 LETTER TO NEW YORKERS
From the President and
Chief Executive Officer
24 NYPA OPERATING FACILITIES
27 FINANCIAL REPORT
103 NYPA’S INDEX FOR THE GLOBAL
REPORTING INITIATIVE
106 PHOTO CAPTIONS
Readers of the print edition will find the symbol u embedded in
photos and asterisks (*) in the text to access supplemental videos,
and also hyperlinks to Internet resources, available in the digital
edition at nypa.gov.
u
in:dustry,
marketplace,
workforce
TRUSTEES and Management
Gil C. Quiniones
President and
Chief Executive Officer
Edward A. Welz
Chief Operating Officer
John R. Koelmel
Chairman
015 ANNUAL REPORT
transforming: CONTENTS 1 CHAIRMAN’S MESSA
in:dustry, marketplace, workforce TRUSTEES and Ma
u our our mission Power the economic growth and
tegic We are the largest state electric utility i
1
1 MW ReChargeNY power = 68 new jobs = $61.1 milli
ustomer olutions The North Country Economic Devel
Energy Services Implementation results:
u asset Develop an asset management capability a
2 management u NYPA Annual Report 2015
u
In fall 2015, we began an extensive, multimillion
3 u smart
technologies. One example is drones, which hold p
smart generation & transmission
u NYPA Annual Report 2015 15
Turnover in the ranks occurs at every business. F
Workforce Planning initiative that will help NYPA
5 knowledge management Establish an enterprise
groups of employees that connect around a common
20 NYPA Annual Report 2015
The five strategic initiatives I’ve outlined so fa
strategic vision 2020 six paths to a single desti
23456 The strategic initiatives I’ve described re
nypa operating facilities ST. LAWRENCE-FRANKLIN D
more than 70 percent of NYPA electricity comes fr
3 St.Lawrence-Franklin D. Roosevelt Pow
New York Power Authority Financial Report Table
28 Man Report nagement R Manage
NEW YORK POWER AUTHORITY Managementʼs Discussion
NEW YORK POWER AUTHORITY Managementʼs Discussion
NEW YORK POWER AUTHORITY Managementʼs Discussion
32 NEW YORK POWER AUTHORITY Managementʼs Discuss
NEW YORK POWER AUTHORITY Managementʼs Discussion
34 NEW YORK POWER AUTHORITY Managementʼs Discuss
NEW YORK POWER AUTHORITY Managementʼs Discussion
36 Capital Structure Long-term debt, net of c
NEW YORK POWER AUTHORITY Managementʼs Discussion
38 NEW YORK POWER AUTHORITY Managementʼs Discuss
NEW YORK POWER AUTHORITY Managementʼs Discussion
40 NEW YORK POWER AUTHORITY Managementʼs Discuss
NEW YORK POWER AUTHORITY Managementʼs Discussion
NEW YORK POWER AUTHORITY Managementʼs Discussion
NEW YORK POWER AUTHORITY Managementʼs Discussion
44 NEW YORK POWER AUTHORITY Managementʼs Discuss
NEW YORK POWER AUTHORITY Managementʼs Discussion
KPMG LLP 345 Park Avenue New York, NY 10154-0102
Other M Matters Required Supplemen ati
48 NEW YORK POWER AUTHORITY Statement
NEW YORK POWER AUTHORITY Statements of
Operating revenues: Power sales T
NEW YORK POWER AUTHORITY Statements o
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
54 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
56 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
60 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
62 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
64 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
66 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
68 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
70 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
76 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
78 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
NEW YORK POWER AUTHORITY Notes to the Financ
86 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
88 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
90 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
92 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
94 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
96 NEW YORK POWER AUTHORITY Notes to the Fi
NEW YORK POWER AUTHORITY Notes to the Financ
98 KPMG LLP 345 Park Avenue New York, NY 10154-0
Purpose o rt of this
100 REQUIRED SUPPLEMENTARY INFORMATION (UNAUDITE
New York Power Authority Required Supplementary I
New York Power Authority Required Supplementary I
NYPA’s Index for the Global Reporting Initiative
GENERAL STANDARD DISCLOSURES - continued Report
Material Aspect: Emissions G4-DMA DMA Emissions.
APPENDIX - continued 2015 Generating Facility Em
NYPA helped implement the largest energy services
123 Main Street White Plains NY 10601-3170 nypa.g