NOVEMBER 2006 Official Publication of Powder River Energy Corporation
61st Powder River Energy Corporation Annual Meeting The members of Powder River Energy re-elected Bob Tarver (Campbell County), Pam Kinchen (Johnson County) and Reuben Ritthaler (Weston County) to the Powder River Energy Board of Directors at the company’s 61st Annual Meeting held in Upton, Wyoming on September 23, 2006 The meeting was kicked off with lunch which included beef purchased at the Crook and Weston County 4-H Livestock Buy. The crowd was then entertained by new country music sensation Patricia Ryan. Patricia’s first music video will air on Great American Country in November. During the business meeting reports were given by Board President Tom Davis, CEO Mike Easley and Treasurer Pam Kinchen. Communication Specialist, Kristin Kelly, presented a slide show from the summer youth program prior to introducing Kendra Reshel of Upton and Tara Lindblom of Gillette. Kendra attended the Youth Camp in Steamboat and Tara attended the Youth Camp in Washington, D.C. Earl Christensen was on hand to award the Earl C. Christensen Award to the late Jimmie Key. The award was accepted by Jimmie’s grandchildren Clay and Kami Key. The meeting was concluded with several door prizes being awarded. To view Mike Easley’s presentation, visit our website at www.precorp.coop.
PRECorp’s Economic Impact Recently the Wyoming Business Council conducted an economic impact study of Powder River Energy on behalf of the Wyoming Rural Electric Association. While the figures are all estimates, in general the results provide a snapshot of the economic impact PRECorp has on northeast Wyoming. Here are some key findings from the study: • PRECorp employees 123 individuals directly, 144 indirectly (267 total) • Resulting in sales of $32,804,152 directly, $15,244,712 indirectly ($48,048,864 total) • Accounts for enrollment in area schools of 48 direct students, 56 indirect (104 total) • Local Tax Revenues - $1,577,019 (based on 1% local tax) • State Tax Revenues - $3,019,125 (based on 4% state sales tax) Powder River Energy is proud to be a part of the communities we serve. We care about the same things you do: strong schools, a solid economy and safe, friendly neighborhoods.
Your Touchstone Energy® Cooperative The power of human connections
Understanding Furnace Efficiency Ratings If you have an older forced air furnace, you may be able to save energy and money by replacing it with a more efficient system. The best new furnaces consume up to 30 percent less fuel than older systems. The efficiency of combustion heating systems such as furnaces is measured in Annual Fuel Utilization Efficiency (AFUE). This rating is included on the yellow Energy Guide label posted on all new appliances, and it measures the efficiency at which the appliance delivers heat to your home’s ductwork. Many older furnaces have an AFUE of about 60 to 70 percent. This means that at least 30 percent of the fuel you purchase is wasted as heat that escapes up the chimney or out the sides of the furnace. You can identify these old-fashioned conventional furnaces by their standing pilot light (a small visible flame that lights the main burners), and open draft diverter (that allows room air to flow into the chimney). When shopping for a new gas furnace, you’ll have two choices of efficiency. • Mid-efficiency furnaces have an AFUE rating of 80 to 82 percent. This efficiency upgrade includes an electronic ignition (no pilot light), a lightweight heat exchanger (less warm-up time), and a fan that controls chimney draft (less heat going up the chimney). • High-efficiency furnaces have an AFUE of 90 percent or higher. Like the AFUE 80+ furnace, these furnaces have electronic ignition and a draft fan. The AFUE 90+ furnaces will also have a sealed combustion chamber, offering an important safety advantage since they draw combustion air from outdoors. Finally, the AFUE 90+ furnaces extract extra heat from their combustion gases by cooling them to the point of condensation, releasing latent heat. No one looks forward to the day their furnace needs to be replaced. But the new generation of heating equipment can save you a lot of energy and money in the long run.
The Results Are In! When we first decided to undertake a member satisfaction survey, we weren’t quite sure what to expect. Everyday we strive to provide our membership with the best possible service. However, since we generally only hear from a small percentage of our membership, it can be difficult to gauge if you feel we are providing the best possible service. Does the adage, “no news is good news” apply or was it more of a “simmering pot?” With 94% of residential members replying that they were overall “very satisfied” with Powder River Energy, we are quite pleased with the survey results. Members indicated the highest satisfaction with our courteous and knowledgeable employees and our professional business manner. As with any survey, it is only valuable if we take the information we’ve gained and act on it. We have no intention of resting on our laurels. We will continue to look for ways to improve customer service and service reliability. We would like to thank all of the members who took the time to answer our member satisfaction survey. We encourage all of our members to contact us with your input and questions at anytime.
visit us at: www.precorp.coop
POWER Lines A publication of Powder River Energy Corporation P.O. Box 930 Sundance, WY 82729 As an official publication of Powder River Energy Corporation, the purpose of Power Lines is to communicate to member/customers information concerning their electric cooperative, and to offer suggestions and ideas regarding the safe, efficient, and economical use of electric energy. Back issues of the Power Lines can be found on Powder River Energy’s website at: www.precorp.coop/community.cfm. Power Lines Editor: Doreen Schaar