1.1% from previous year
10% from previous year
41.6% from previous year
Energy Purchasing and Transmission
-12.3% from previous year
The total operating expense of $45.7 million incurred to run the operations of all the utilities is a ten percent increase over 2016. This change is mainly due to increased demand and expenditures in the Preventive Plumbing Program and conservation efforts.
Revenue of $87.3 million is an increase of 1.1 per cent over the 2016 balance of $86.3 million.
We also managed capital investments of $67.4 million in 2017, most of which related to replacing aging infrastructure.
In addition, Utilities Kingston is responsible for managing the purchase and transmission of gas and electric energy for our customers. Neither Utilities Kingston nor our primary customers make any profit from the provision of this service.
In total these purchases represented $96.4 million for 2017, an 12.3 per cent decrease from the 2016 value of $109.9 million.
Revenues billed on behalf of the City of Kingston were $26.3 million, the same as in 2017, and 101 per cent of budget.
Operating expenditures incurred were $13.1 million, a six per cent increase from 2016 and 96 per cent of budget. The year-over-year increase is primarily due to increased conservation program expenditures.
A total of $16.1 million in capital improvements was invested in the water utility in 2017, with the major expenditure being the upgrades to the James Street Booster Station and the completion of the Point Pleasant Water Treatment plant expansion.
Revenues billed on behalf of the City of Kingston were $30.6 million, a three per cent increase over 2016 and 102 per cent of budget.
Operating expenditures incurred were $15.4 million, an eleven per cent increase from 2016 and 107 per cent of budget. The year-over-year increase is primarily due to increased expenditures in the Preventative Plumbing Program.
In 2017, $42.2 million was spent on capital projects for the wastewater utility with the major expenditure being the expansion of the Cataraqui Bay Wastewater Treatment Plant.
Total revenues billed on behalf of the City of Kingston for its natural gas distribution business were $10.1 million, a one per cent decrease from 2016.
Operating expenditures incurred were $4.2 million, a fifteen per cent increase from 2016. The year-over-year increase is primarily due to increased expenditures in general gas maintenance and also increased expenditures in the conservation program.
In 2017, $4.1 million was spent on capital reinvestment in the gas utility.
Local distribution and other revenue billed on behalf of Kingston Hydro Corporation was $13.5 million, the same amount as in 2016.
Operating expenditures of $8.4 million were twelve per cent higher than 2016, mainly due to an increase in conservation program expenses. Corresponding revenue to offset these conservation expenditures was received and included in miscellaneous revenue.
In 2017, $3.1 million was invested in capital improvements to the electrical systems.