In internal planning documents in 2014 and 2015, GE allegedly acknowledged that its power markets were "flat" and faced increasing price pressure and excess capacity. The SEC alleged that as a result, by 2016, GE Power had become heavily dependent on revenue from its turbine servicing agreements, which accounted for 83 percent of its profits and 89 percent of its operating cash flows in 2016. Internal risk assessments, however, noted that the outlook for the servicing business was itself unpromising, because the service agreements would need to be renegotiated due to lower than expected power consumption and increased competition from other servicers, and because customers would invoke termination clauses in their agreements if GE Power did not grant price and term concessions.