LIGHT READING INLAND POWER AND LIGHT inlandpower.com
M AY 2 0 1 6
Members Gather for 79th Annual Meeting Nearly 1,100 people gathered on Saturday, March 26, for Inland Power’s 79th Annual Meeting. What’s Happening At Inland Power Inland’s CEO, Chad Jensen, provided a “State of the Cooperative” address. He discussed the successes of 2015 as well as the two epic outage events that occurred at the end of the year. The main points of his speech included: • The two massive and historic storms had the net effect of lowering Inland’s 2015 margins by over $2 million dollars. The storm costs were carefully considered by your board of trustees and it was agreed to expense these costs in 2015 and to not seek recovery with any current or future rate increase. • BPA wholesale power rates to Inland Power have increased by 25.9% in the past four years. • BPA prepayment is paying off great dividends. To date, we have saved close to $6 million dollars and will save an additional $14.8 million in the years to come. • I-937 is a growing concern as Inland Power faces increased requirements and increasing renewable costs. • Growth is slow, but steady, in eastern Washington. • Inland Power members are served with some of the lowest cost power in the nation. The Washington state average is 9.37 cents per kWh and Inland members have the average retail rate of 7.8 cents per kWh. • Strong member satisfaction. • We partner in the communities we serve. Another successful year of Operation Round Up®. • Financially strong and well positioned for the future.
Members Approve Bylaw Changes In addition to voting on your board of trustees members also voted on a revised set of bylaws, which was approved by the membership. A summary of the majority of the bylaw changes include: • Updating Inland Power’s voting processes to allow for all members to vote either by mail, electronically or in person at the annual meeting with a goal to increase member participation. • Option to use or hire a third party, (i.e. elections/credentials committee, CPA or independent auditor) to handle the elections process. • In accordance with Washington state law, changes to clarify who qualifies to be members of Inland Power. • Gives the board of trustees the ability to change board districts per board policy instead of with a lengthy bylaw revision. One of the advantages of owning your utility is that you are more than just customers; you are member-owners of Inland Power. We thank you for the opportunity to serve your energy needs.
i n l a n d p ower i s m y c oope rat ive
ENERGY SAFETY Spring into Safety: May is National Electrical Safety Month When doing springtime chores, take precautions to be safe around electricity. Help kick off electrical safety month by keeping in mind these outdoor safety tips: • Avoid damp conditions when using electricity. Keep all electrical devices and cords away from water. • Place waterproof covers on all outdoor outlets. • Install ground fault circuit interrupters (GFCIs) in outlets where water may be present. • Only use extension cords marked for outdoor use; match power needs of a tool or appliance to the cord’s label information. • Store power tools indoors. • Never alter a product or remove safety features. • Be aware of overhead power lines nearby before climbing a ladder or extending the handle of telescoping tools. Your safety is important to us at Inland Power! For more safety information visit our website at www.inlandpower.com.
WE ARE A MEMBER-OWNED ENERGY COOPERATIVE COMMITTED TO SAFE, RELIABLE SERVICE AT COMPETITIVE RATES.
MEMBERS ELECT BOARD OF TRUSTEES
- i n l a n d p o w e r m i s s i o n stat e m e n t
Inland Members Elect Board of Trustees One of the unique benefits of co-op membership is local control. That means you elect your board. The board are all Inland members and understand the issues that face all of us. On March 26, at Inland Power’s 79th Annual Meeting, the members voted for trustees in Districts 2, 6 and At-Large Position A. Richard “Dick” Ziehnert (District 2), James “Jim” Kroll (District 6) and Kristina Bahr (At-Large Position A) were elected. Three trustees are elected every March on a rotating basis at our annual meeting and serve three year terms. Here is a list of your current board of trustees: • Danny Lee - District 1 • Dick Ziehnert - District 2 Treasurer • Garry Rosman - District 3 Secretary • David Shill - District 4 • Gale Rettkowski - District 5 • Jim Kroll - District 6 • Brian Slaybaugh - District 7 Vice President • Kristina Bahr At-Large Position A President • Gerald DavisAt-Large Position B
ENERGY EFFICIENCY T O D D A N D L I N D S E Y, YO U R E N E R G Y E FFI C I E N C Y TE AM
Member Success Story: Stoneridge Resort Stoneridge Resort, North Idaho’s largest timeshare resort, is located in beautiful Blanchard, Idaho and is home to golfing and recreational enthusiasts. Stoneridge is independently run by a nonprofit owner’s association board of managers. The resort has 146 condos, 24,000 square feet of recreation center, park with picnic pavilion and state of the art mini golf course and tennis courts resting on approximately 11 acres of land. This past year the board voted to make some updates to the resort. Cindy Thomas, resort manager, made sure to contact Inland Power to work with the energy services team to make the most of available incentives for their upgrades: • Interior LED lighting • Window replacement and patio doors • Heating and cooling Replacing incandescent lighting with more energy efficient lights, is one of the easiest changes to save electricity and money. LED’s use significantly less energy, last longer, turn on and off instantly and can be equipped with dimmers and motion controls for more energy savings. This modification by the resort will save 8,360 kilowatt hours annually (~$530.00).
replace old leaky windows. Choosing windows with a low U-factor will ensure that you minimize your heat losses. The resort’s window and patio door upgrades - from double pane, metal frames to low-E argon glass (U-factor of .29) with vinyl frames - will save 216,378 annual kilowatt hours (~$13,718.00). To ensure maximum comfort with ultra-quiet, and efficient heating and cooling, Inland Power recruited local engineer, TJ Sharkey of Bonneville Power Administration. TJ created a custom incentive as the resort upgraded outdated, existing, heat pump technology. The incentive was based on the estimated annual savings of 20,360 kilowatt hours (~$1,291.00). To date the savings is even better than estimated, a total of 245,404 kilowatts will be saved annually and $30,951.78 has been paid to Stoneridge Resort for their efficient upgrades. A big thank you to Stoneridge personnel for their pursuit of energy conservation. Call Inland today to help us write your energy conservation success story.
One of the best ways to improve on building energy efficiency is to VISIT INLANDPOWER.COM FOR MORE ENERGY EFFICIENCY TIPS
SIGN UP FOR OPERATION ROUND UP®
10110 W HALLETT ROAD
|
Giving help to those in need has never been easier. Just ask Inland Power to round up your electric bill to the next highest dollar each month. The few extra cents will go to Operation Round Up®. These funds are administered by an independent board of directors and are distributed throughout our community to individuals, families and nonprofit organizations in need.
two years and the group has been able to donate to various individuals and organizations throughout our service territory. Donations range from computers for schools or nonprofit programs, sending a child to camp or even purchasing a trailer (see left) to help the 4H Palouse Area Robotics Team purchase a robot trailer and mobile shop to get to competitions within the state.
This program has been in place for
Together, we can make a difference.
SPOKANE, WA 99224
You can sign up online at www. inlandpower.com, or by emailing inlandpower@inlandpower.com. Sign up today!
inlandpower.com