Your PUD PUD News Line

10/22/2008

Chelan County PUD board approves new rate structure

Changes in rates intended to encourage power and water conservation and more closely align rates among different types of customers were approved Oct. 20 by PUD commissioners. No changes will be made until April 1, 2009, after the heavy winter billing months.

Commissioners acted after holding a hearing on the new rates for electric, water and sewer service. No one from the community spoke.

The new electric rates are designed to encourage conservation by lowering the cost per kilowatt hour (kWh) slightly for residential customers using moderate amounts of power and charging the highest rates for power use that tops 3,000 kWh a month. For up to 70 percent of residential electric customers, monthly bills aren’t expected to change by more than a few dollars and may even go down, based on last year’s use.

The changes are based on options developed during a cost-of-service study and a review of rates that began early this year following last year’s strategic planning sessions.

PUD authorizes Cashmere electric system purchase

PUD commissioners brought a four-year effort to a close Monday by agreeing to purchase the 1,200-customer Cashmere electric system effective on Oct. 30. City Council members are expected to finalize the sale on Oct. 27.

Cashmere approached the PUD about buying the city’s electric system in 2004. The PUD has provided the city power through a wholesale contract for years and more recently has helped with emergency maintenance and repairs under a separate agreement.

“It’s a great story when we can pull something like this off and everyone becomes a winner,” said PUD Commissioner Norm Gutzwiler. “I’d like to say...welcome, Cashmere.”

PUD prepares to sell bonds

Commissioners Monday moved ahead with selling up to $122 million in long-term bonds to refinance debt and provide money to continue modernization of the first powerhouse at Rock Island Dam.

While financial markets remain uncertain, the PUD is preparing for the bond sale with the thought that conditions may stabilize by mid-November when a final decision would be made, Treasurer Debbie Litchfield said.

If selling long-term bonds isn’t viable, the PUD could use the authority granted by PUD commissioners on Oct. 14 to sell short-term notes (for six months to two years).

Enjoy tips and treats at free Rocky Reach Safety Harvest

Chelan County PUD will welcome trick-or-treaters to Rocky Reach Visitor Center for a free Safety Harvest on Sunday, Oct. 26, from 1-3 p.m.

There will be appearances by McGruff the Crime Dog and Sparky the Fire Dog, safety tips from Chelan County PUD employees and treats. RiverCom emergency dispatch employees will also teach children when they should dial 911. Mission Ridge staff will be on hand to share winter sports safety information and the Educational Service District will help children identify common electrical hazards.