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Winter conditions help Harrisburg incinerator beat revenue projections

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The harsh winter conditions paid off in a big way for the Lancaster County Solid Waste Management Authority and its recently purchased waste-to-energy facility in Harrisburg.

The Harrisburg incinerator, which is now known as the Susquehanna Resource Management Complex, beat budget projections on electric revenue by $1.4 million from Dec. 23 to Feb. 28, said Kathryn Sandoe, an authority spokeswoman.

"Electric prices spiked and we started the year on a strong financial note with the SRMC," she said.

LCSWMA was selling into the spot market during that time — having assumed ownership of the facility Dec. 23 as part of the capital city's asset monetization process under its debt recovery plan. The authority paid $129.9 million for the incinerator.

Since March 1, the authority has been selling power to the state Department of General Services. It has a 20-year agreement with the state. The purchase also was supported by 20-year waste disposal contracts with Harrisburg and Dauphin County.

Using actual figures for the first two months, the authority is projecting electric revenue of about $6.7 million this year at the SRMC, she said.

LCSWMA has budgeted total system revenue of about $80 million. Of that, SRMC's budget is $28.8 million for the year, which includes the energy sales, tipping fees and metal recovery revenue, Sandoe said.

Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin County. Have a tip or question for him? Email him at jasons@cpbj.com. Follow him on Twitter, @JScottJournal. Circle Jason Scott on .

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