Old Dominion Electric Q1 2025: Investments & Power Purchases
| Field | Detail |
|---|---|
| Company | Old Dominion Electric Cooperative |
| Form Type | 10-Q |
| Filed Date | May 13, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: quarterly-report, electric-utility, financials, investments
TL;DR
**ODEC Q1 2025: $1.01B in investments & power purchases. Stable operations.**
AI Summary
Old Dominion Electric Cooperative filed its 10-Q for the period ending March 31, 2025. The filing details financial information, including investments and derivative instruments. Notably, the cooperative held $1.01 billion in unrestricted investments and other assets as of March 31, 2025, and reported $1.01 billion in electricity purchased for the first quarter of 2025.
Why It Matters
This filing provides insight into the financial health and operational activities of a major electric cooperative, impacting energy costs and reliability for its members.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediate red flags or significant negative events indicated.
Key Numbers
- $1.01B — Unrestricted Investment and Other Assets (As of March 31, 2025, indicating available liquid assets.)
- $1.01B — Electricity Purchased (For the first quarter of 2025, reflecting operational costs.)
- 2025-03-31 — Reporting Period End Date (Marks the end of the financial quarter being reported.)
Key Players & Entities
- Old Dominion Electric Cooperative (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- 20250513 (date) — Filing date
- $1.01 billion (dollar_amount) — Unrestricted Investment and Other Assets as of March 31, 2025
- $1.01 billion (dollar_amount) — Electricity Purchased for the period January 1, 2025 to March 31, 2025
FAQ
What was the net asset value of the Nuclear Decommissioning Trust as of December 31, 2024?
The Nuclear Decommissioning Trust Net Asset Value Member was $1.01 billion as of December 31, 2024.
What is the fair value of derivative instruments as of March 31, 2025?
The filing indicates fair value inputs for derivative instruments as of March 31, 2025, but does not provide a specific total dollar amount in the provided snippet.
What was the total amount of electricity purchased in the first quarter of 2025?
Old Dominion Electric Cooperative purchased $1.01 billion in electricity from January 1, 2025, to March 31, 2025.
What was the value of unrestricted investments and other assets as of March 31, 2025?
The value of Unrestricted Investment and Other Assets was $1.01 billion as of March 31, 2025.
What type of financial instruments are being reported under 'DerivativeInstrumentFuelMember'?
The filing specifies that these are Commodity Contracts related to Fuel.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 13, 2025 regarding OLD DOMINION ELECTRIC COOPERATIVE.