COURIER The Kilowatt
February 2022
GOING LIVE! HOMER ELECTRIC'S NEW PODCAST FOR MEMBERS
H
omer Electric's new monthly podcast “Going Live!” made its debut last month as a way to connect with you, our members! HEA's Member Services Supervisor Tanya Lautaret and Information Services Analyst Joe Halstead will host a monthly podcast on the last Tuesday of each month. The "Going Live!" hosts will talk about industry specific trends, energy savings, renewables, safety, generation, and also meet with professionals in the industry to get an idea of what it takes to deliver power to HEA members. It will give our members, a peek of what a typical day in the life of HEA looks like, and how we power the Peninsula. There will be interviews with linemen, plant operators, directors, member support representatives, and more. Are you interested in saving money on your electric bill? Or learning some tips and tricks to saving energy in your home? Tune in 83961001 to our first episode of “Going Live” with Colleen Fisk, Energy Education Director of Renewable Energy Alaska Project (REAP) found HERE.
HEA BOARD OF DIRECTORS NOMINATIONS DUE BY MARCH 4
H
omer Electric is accepting nominations from members interested in running for a seat on the cooperative’s board of directors. The cooperative’s board consists of nine directors, three from each of the three Kenai Peninsula service area districts. HEA directors are elected by district, with members voting only for the director in their respective district. This year, the District 1 (Kenai-Nikiski-parts of Soldotna) seat currently held by HEA Board of Director Dan Chay will be on the ballot. Director Chay is term limited and will not run in this year’s election. In District 2 (Soldotna-Sterling-Kasilof area), the seat currently held by HEA’s Board of Director Ed Oberts will be up for election. Director Oberts is term limited and will not run in this year’s election. In District 3 (Kasilof-Homer-Seldovia area), HEA members will vote for the seat currently held by HEA Board of Director Erin McKittrick. Director McKittrick has informed HEA that she will run as a candidate for the District 3 seat. Members interested in putting their name on the ballot must complete a Candidacy Packet that requires the candidate to gather a minimum of 15 signatures from current HEA members that live in the district where the candidate resides. The Candidacy Packet is available at HEA offices in Kenai and Homer and at the links below: 2022 HEA Board Candidacy Packet (Interactive) 2022 HEA Board Candidacy Packet (Printable) The deadline to submit the Candidacy Packet is 5 PM on Friday, March 4, 2022. Completed packets can be submitted at either the Kenai or Homer HEA offices or scanned and emailed to Board Candidate@homerelectric.com. Ballots will be mailed to HEA members on April 4, 2022, and to be counted, a ballot must be received by HEA’s election committee through the mail-in ballot process by May 3, 2022. There will be no in-person voting at the HEA Annual Meeting. The results of the election will be announced on the day of the Annual Meeting no later than 3:00 PM on May 4, 2022. Newly elected Directors will be introduced at the Annual Meeting. Kilowatt Courier is a monthly online publication by Homer Electric Association, Inc.
GOVERNOR DUNLEAVY SEEKS TO GAIN ENERGY INDEPENDENCE
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HIDDEN n Governor Mike Dunleavy's State of the State address to Alaskans and the ACCOUNT NUMBERS Legislature on January 26, he expressed what he envisions for Alaska's future. One of his visions is for Alaska to be energy independent and a leader 99530004 in Three randomly chosen italicized account numbers are hidden renewable energy. in the Kilowatt Courier. "I envision an Alaska where our cost of If you find YOUR account number, call 235-3338 and you'll receive a $50 energy is no longer the second highest in credit which will be reflected on the nation, but one of the lowest. That's your next bill. Thanks for my vision." ~ Governor Dunleavy reading! The Governor highlighted the completion of projects by the Alaska Energy Authority (AEA) to replace more than 7.6 million gallons of diesel fuel per year. He reinforced that Alaska has abundant renewable resource potential to tap and turn into a reality that will lower fuel costs for Alaskans. In addition, he called for industries to invest in Alaska as there are opportunities in oil and gas, renewables, technology, aircraft and minerals. For more details on Governor Dunleavy's State of the State address, visit HERE.
CURRENT RESIDENTIAL RATES As of January 1, 2022
All Residential Customers Energy charge = 16.077 cents/kWh Customer charge = $20.00 System delivery charge = $24.12* (*If usage is less than 150 kWh)
BATTERY ENERGY STORAGE SYSTEM (BESS) FEATURED IN INDUSTRY PUBLICATION
T
he long-awaited integration of HEA's Battery Energy Storage System (BESS) into the cooperative's daily generation was made a reality on last month. For an in-depth article on HEA's BESS, read the cover story, HEA Moves Toward Sustainable Future with BESS Upgrade, in the Northwest Public Power Association's (NWPPA) December 2021 Bulletin found HERE.
Cost of Power Adjustment (COPA) 7.60 cents per kWh* (*Subject to change on a quarterly basis and upon RCA approval.)
See www.homerelectric.com for the latest residential and commercial rates.
BOARD of DIRECTORS & MANAGER Ed Oberts, President (907) 398-8039 Erin McKittrick, Vice President (907) 299-6994 Jim Duffield, Sec./Treasurer (907) 283-2203 Jim Levine, Deputy Secretary (907) 299-0323
SCHOLARSHIP DEADLINE APPROACHING
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Dan Chay, Director (907) 283-9227
ust a reminder that HEA’s Scholarship deadline is approaching! Deadline to apply is March 1, 2022. For more information on HEA's scholarhip, view and and download the 2022 Scholarship Packet. If 95484001 you have questions, please contact Tanya Lautaret at (907) 283-2305 or email tlautaret@ homerelectric.com.
Mike Chenault, Director (907) 398-1010 Louie Flora, Director (907) 717-9602 Charles "C.O." Rudstrom, Director (907 ) 420-7124 Robert Wall, Director (907) 398-9191
MONTHLY FINANCIAL UPDATE
H
omer Electric finished the month of December 2021 with a total asset base of $266.1 million. Operating revenue to date was $106.6 million and total costs were $104.7 million, bringing net operating margins to $ 1.9 million through December 31, 2021. This chart is a breakdown of key financial indicators comparing December 2020 to November 2021. Year to Date Operating Revenue Cost of Purchased Power
December 31, 2021 $ 106.6 million $66.8 million
December 31, 2020 $105.2 million $ 65.1 million
Cost of Electric Service Operating Margins
$37.9 million
$ 35.7 million
$ 1.9 million
$ 4.4 million
Total Kilowatt Hours Sold Total Number of Meters
480.5 million
453.0_million
35,892
35,618
Brad Janorschke, General Manager (907) 283-2312
FEBRUARY 2022 KILOWATT COURIER Homer Electric Association, Inc. 3977 Lake Street Homer, AK 99603 (907) 235-8551 (800) 478-8551 280 Airport Way Kenai, AK 99611 (907) 283-5831 www.homerelectric.com Homer Electric Association, Inc. is an equal opportunity provider and employer.
