Have the costs to build the new power plant and transmission line affected the cost of electric energy? How?
Yes. Both the new power plant and the transmission lines work to help SVP avoid even greater impacts from the currently volatile and increasing energy prices. Having ownership of a significant generation resource provides a great deal of flexibility in making energy choices. If the price of power on the wholesale market is high, the plant runs to save money for our customers. If the price is low, we don’t run the plant and buy wholesale power on the low market.