COURIER The Kilowatt
September | October 2022
HEAT PUMP REBATE PROGRAM HEA is excited to launch our Heat Pump Rebate Program. As heat pumps have increased in efficiency, they can now be a more economical heat source than fuel oil or propane, and have always been more efficient than forcedair electric furnaces, electric baseboards, and electric space heaters. Members can access rebates of up to $1,000 for the purchase and installation of a qualified heat pump. Act now, as rebates for this program are limited. In addition to the rebates, members can use HEA’s low-interest line-of-credit as they’ve long been able to for any electrical appliances. 53029 Member/homeowners can receive a $500 on-bill credit to install a qualifying energy-efficient heat pump. HEA offers an additional $500 rebate check to a licensed plumbing/HVAC or general contractor installing a heat pump for a member. Members can access rebates of up to $1,000 for the purchase and installation of a qualified heat pump. CLICK HERE to learn more about our Heat Pump Rebate Program.
SAVE THE DATES: HEA NEIGHBORHOOD AREA MEETINGS
Food Provided | Energy Credit Drawing | Presentation October 13 | Anchor Point VFW | 5:00 PM October 20 | Funny River Community Center | 5:00 PM October 25 | Nikiski Community Recreation Center | 5:00 PM October 26 | Soldotna and Kenai Chamber Luncheon Soldotna Sports Center | Noon November 1 | Sterling Community Center | 5:00 PM November 10 | Homer Rotary Luncheon | Best Western Bidarka Inn | Noon Co-op members are at the HEART of everything we do. continued on the back page... Kilowatt Courier is a monthly online publication by Homer Electric Association, Inc.
HIDDEN ACCOUNT NUMBERS
WAYS TO BOOST YOUR CYBER HYGIENE
Three randomly chosen italicized In today’s digital world, cyberattacks are unfortunately nothing new. Cyber criminals account numbers are hidden can attack on a multitude of levels, from large-scale attacks targeting corporations in the Kilowatt Courier. to smaller phishing attacks aimed to gain an individual’s personal information. If you find YOUR account number, call 235-3338 and you'll receive a $50 October is Cybersecurity Awareness Month, but good cyber hygiene should be credit which will be reflected on practiced year-round. This year’s theme is “See Yourself in Cyber” – because we all your next bill. Thanks for reading! have a part to play in cybersecurity. When we hear about massive data breaches, it can feel overwhelming and lead us to think we’re powerless as individuals to stop cyber criminals.
CURRENT RESIDENTIAL RATES
The truth is, there are several practical steps we can take to safeguard our devices and data. Here are ways to boost your cyber hygiene:
As of October 1, 2022
Enable multi-factor authentication. Also known as two-step verification, multi-factor authentication adds a second step when logging into an account (to prove you’re really you), which greatly increases the security of the account. This second step could include an extra PIN, answering an extra security question, a code received via email or a secure token. Regardless of the type of authentication, this additional step makes it twice as hard for cyber criminals to access your account. Not every account offers multi-factor authentication, but it’s becoming increasingly popular and should be utilized when available. Use strong passwords and a password manager. Remember, passwords are the “keys” to your personal home online. Your passwords should always be long, unique and complex. Create passwords using at least 12 characters, 65890 never reuse passwords for multiple accounts and use a combination of upper- and lower-case letters, numbers and special characters. If you have a lot of accounts, consider using a password manager to store them easily and securely in one place. Update software. It may seem obvious, but regularly updating software is one of the easiest ways to keep your personal information secure. Most companies provide automatic updates and will send reminders so you can easily install the update. If you’re not receiving automatic software updates, set a reminder to do so quarterly. Be aware that some cyber criminals will send fake updates; these typically appear as a pop-up window when visiting a website. Use good judgement and always think before you click. Recognize and report phishing attacks. Don’t take the bait when cyber criminals go phishing. The signs of a phishing attack can be subtle, so take the extra time to thoroughly inspect emails. Most phishing emails include offers that are too good to be true, an urgent or alarming tone, misspellings and poorly-crafted language, ambiguous greetings, strange requests or an email address that doesn’t match the company it’s coming from. Most platforms like Outlook, Gmail and Mac Mail allow users to report phishing emails. If you suspect a phishing attempt, take an extra minute to report it. Cyber criminals are here to stay, but when we all take a risk-based approach to our cyber behavior, we’re creating a safer internet for all.
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)
Cost of Power Adjustment (COPA) 7.754 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. 72751
BOARD of DIRECTORS & MANAGER Dan Furlong, President (907) 398-8174 Erin McKittrick, Vice President (907) 299-6994 Jim Duffield, Sec./Treasurer (907) 283-2203 C.O. Rudstrom, Deputy Secretary (907) 420-7124 Mike Chenault, Director (907) 398-1010 Louie Flora, Director (907) 717-9602 Jim Levine, Director (907) 299-0323 Wayne Ogle, Director (907) 690-1308 Robert Wall, Director (907) 398-9191
MONTHLY FINANCIAL UPDATE
Brad Janorschke, General Manager (907) 283-2312
Homer Electric finished the month of August 2022 with a total asset base of $263.4 million. Operating revenue to date was $6.9.3 million and total costs were $67.4 million, bringing net operating margins to $1.9 million through August 31, 2022. This chart is a breakdown of key financial indicators comparing August 2021 to August 2022.
SEPTEMBER | OCTOBER 2022 KILOWATT COURIER
Year to Date Operating Revenue Cost of Purchased Power
August 31, 2022 $ 69.3 million $ 44.2 million
August 31, 2021 $ 69.0 million $ 42.6 million
Cost of Electric Service Operating Margins
$ 23.2 million $ 1.9 million
$ 22.6 million $ 3.8 million
Total Kilowatt Hours Sold Total Number of Meters
$ 298.8 million kWh 36,314
$ 305.7 million kWh 35,828
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.