Lines POWER MAY 2008
Official Publication of Powder River Energy Corporation
Learn How You Can Qualify for a Zero Interest Loan for Energy Efficiency and Conservation Improvements to Your Home At Powder River Energy Corp. we know the cheapest kilowatt is the one that never needs to be produced. We also know our members want to save money when they can. With those two thoughts in mind PRECorp will be hosting Energy Efficiency and Conservation Seminars at each of our main offices (Sheridan, Sundance, Gillette) in May, June and July. The hour and a half to two hour presentations will focus on how you can conserve energy and ultimately save money. We will discuss how your home consumes energy and easy-to-do steps to improve the energy efficiency of the home. In addition it will cover how energy is produced and transported to your home. The seminars are open to both PRECorp members and non-PRECorp members and there is no fee to attend. PRECorp members who attend one of the seminars may also be eligible for a zero interest loan to complete energy efficiency or conservation measures to their home. PRECorp’s Conservation Loan Program is a zero interest loan up to $2,500 for members to complete improvements such as: upgrading windows, installing energy star appliances, replacing incandescent bulbs with Compact Florescent Light bulbs (CFL), or adding insulation. The loan can be paid back over a three year period. Members wishing to receive a loan must meet certain credit history criteria. Loans will be limited to a maximum amount of $2,500 per member per calendar year. There is no limit to the number of loans a member can receive as long as the outstanding balance from the Conservation Loan Program to any one member does not exceed $2,500 at any time. Join us in our PRECorp offices on the following dates from 6-7 p.m. to learn how you can make your home more energy efficient and conserve energy: June 18 Sundance July 16 Sundance May 21 Sundance June 19 Gillette July 17 Gillette May 22 Gillette June 26 Sheridan July 24 Sheridan May 29 Sheridan
It’s Election Time at Powder River Energy Board of Director Nominations Being Accepted Pursuant to the bylaws of Powder River Energy Corp. this is a call to the members of the cooperative for Board of Director candidates. The members listed below have been appointed by the Directors of PRECorp to serve on a nominating committee. This committee is responsible for nominating qualified candidates to run for election to the Board of Directors. If you are a member of PRECorp and would like to be a candidate for the board or would like to nominate a member, contact one of the committee members in the county you reside in by May 31, 2008. Johnson Ed Foust 307-684-7964 Fred Carr 307-738-2604 Crook Raymond Peterson 307-756-3439 Alan Roberts 307-283-3576 Sheridan Joe Michelena 307-758-4432 Al Gorzalka 307-737-2472
Dave Hoyt Appointed to Board of Directors The vacant seat on the PRECorp Board of Directors, due to the resignation of Sheridan County director, John Buell, will be filled by Dave Hoyt of Leiter. Dave was appointed by the current Board of Directors to serve the remainder of the current term which ends in August of 2008. At that time the seat will be filled through the normal election process by the PRECorp membership. Dave and his wife are life long residents of the Sheridan area and have five grown children and six grandchildren. A rancher for over 30 years, he has also served on various community boards including the Clearmont Fire District and the Johnson County Co-op.
Attention PRECorp Members! Changes Made to Collection Process Because of the rate of growth of our co-op membership, we’re finding it increasingly necessary to modify some of our current credit and collection practices. Paying on time keeps costs down for everyone. If our credit procedures are not secure and well-managed it affects operating margins and rates, which in turn affects members and the business practices of the co-op. The following changes began with the April billing: • • • • • • • • •
Reduce the Disconnect Notice Due Date from 10 business days to 7 days Reminder notice sent after 1st late payment Disconnect notice sent after 2nd late payment Personal phone call immediately after account becomes past due on amounts over $1000 Collect deposits per service rather than per member o Deposits will be equal to 90 day average bill for that service Installments up to 3 months will be allowed Deposit will be refunded once the account has zero late payments in 12 months o Simple Interest of 6.5% is accrued on the deposit (interest rate is set annually by the Wyoming Public Service Commission) Collect $50 reconnect fee during normal business hours --$100 if reconnected after normal business hours Make phone calls to accounts past due on amounts under $100---door note those over $100 and disconnect when temperatures permit o November 1 – April 30 Door note if first disconnect notice or door note---if door noted previously, disconnect after 7 day notice expires o May 1 – October 31
These changes are within the Wyoming Public Service Commission Rules and Regulations, as well as, Powder River Energy Corp.’s Rules and Regulations on file with the WPSC. Please contact our Credit Representatives toll free at 800-442-3630 to make payment arrangements if you are not able to pay your bill on time. PRECorp can also provide a list of agencies that may be able to provide assistance. We will continue to make payment methods as convenient as possible with ACH, auto credit card, e-bill, drop boxes, check and credit card-by-phone, budget billing, and if the member wishes, pre-payment of their account.
Electricity is a Good Value Cable/Sat TV CPI* Gas
POWERLines 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.
CPI* = overall Consumer Price Index for the U.S., urban areas Source: NRECA & Bureau of Labor Statistics, 1995-2005 Annual cost increases-10-year annual compound growth rate
Back issues of the Power Lines can be found on Powder River Energy’s website at: www.precorp.coop/news Power Lines Editor: Doreen Schaar