Financial Statements
The Philadelphia Energy Authority maintains a system of internal controls in compliance with GAAP standards, applicable federal/state regulation, and prevailing best practices.
FY2025
PEA underwent a general annual audit and a single audit for fiscal year 2025 which resulted in no findings. No material nor significant findings in finances, internal controls, nor compliance were identified in the course of PEA’s audit.
FY2024
PEA underwent a general annual audit and a single audit, as necessitated by federal funding requirements, for fiscal year 2025. The audits resulted in no material findings.