Financials and Metrics
Annually, SPP engages an independent auditor to audit statements of income, changes in members’ deficit, yearly cash flows, etc.
Below are our five most recent financial audit reports:
SPP’s budget documents indicate the organization’s net revenue requirements and billing determinants and are approved by our independent board of directors annually based on recommendations by the SPP Finance Committee. Budgets are based on yearly operating plans that identify the resources deemed necessary to achieve our members’ business objectives. (2020 SPP Operating Plan)
Below are our five most recent budgets:
Quarterly, the SPP board of directors and Members Committee reviews a set of metrics that indicate the organization’s overall health and direction, including those related to transmission and markets, financials, system performance and more.
Below are the four most recent quarterly metric reports:
SPP Strategic Plan
Our Strategic Plan, developed in 2014, establishes a strategic direction for the organization, positioning SPP to fulfill its mission statement today and in the future.
Annually, our strategic planning committee considers “signposts” – issues that may necessitate adjustments in the way the organization strategizes and tactically addresses industry trends affecting us and our members. The most recent result of this annual effort is the 2017 Strategic Plan Revised Initiatives document.