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Statement from GRDA President/CEO Dan Sullivan

Feb 13, 2021

No announcements or emergency declarations have been made that would require any reduction of electricity delivery to any GRDA customer at this time.

GRDA is always mindful of maintaining grid stability and reliability. Out of an abundance of caution, GRDA reached out to its industrial and municipal customers in an effort to highlight the difficulties over the next several days related to extreme cold temperatures. During any time of extreme temperatures, hot or cold, conservation measures are taken to reduce peak demand in an effort to preserve system reliability. Extreme temperatures stress all utility delivery systems whether it is water, electric or natural gas.

GRDA does not independently make decisions related to curtailment of its delivery of electric power to its customers. However, preparation for severe weather is always a consideration and proper planning is key to maintaining system integrity.

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The Government Finance Officers Association of the United States and Canada (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting to the Authority for its annual comprehensive financial reports for twenty-one consecutive years. In order to be awarded a Certificate of Achievement, a governmental agency must publish an easily readable and efficiently organized annual comprehensive financial report. This report must satisfy both generally accepted accounting principles and applicable Annual Comprehensive Financial Report (ACFR) legal requirements. A Certificate of Achievement is valid for a period of one year only.

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