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Lines POWER DECEMBER 2008

Official Publication of Powder River Energy Corporation

News From... The Powder River Energy Foundation

Fall Fun on the Links! On September 19th and 20th, the Powder River Energy Foundation held its First Annual Charity Golf Tournament and Silent Auction at The Golf Club at Devil’s Tower, located outside of Hulett. The festivities began with dinner and a silent auction on Friday night for participants and donors, followed by the 4-person scramble on Saturday. Ten teams participated and there were over forty sponsors through team entries, hole sponsorships, and donations of cash and prizes.

The Foundation would like to give a special thanks to Jim Brown and HD Supply for spearheading a large portion of the project! The group would also like to give special recognition to the following people who donated their personal artwork to the silent auction: Danny Brown with Daniel Brown Ceramics; Jim Brown with High Plains Reflection; and Sharon VanWinkle with Moments to Memories Photography. Thanks to the generosity of everyone who supported this worthwhile event, the Foundation will have net proceeds of $17,000 to distribute to the many worthy causes in the Northeast Wyoming area. Foundation Board Members Appointed At the September 17th Powder River Energy Corp. Board Meeting, the PRECorp Board of Directors selected a group of five volunteers to serve as the Powder River Energy Foundation Board of Directors. Initially, one member was chosen from each county in the PRECorp service territory, with the possibility to appoint up to (5) additional at-large directors in the future. The new Board of Directors was seated on October 20th, with lots drawn to determine their term of office. The new Directors and their terms of office are: Chairman, Billie Little – Sheridan County (2 year term); Vice-Chair, Susan Berry – Johnson County (3 year term); Sec. /Treas., Julie Swanda – Crook County (1 year term); Director, John Flocchini – Campbell County (3 year term); Director, Kathleen Tavegie – Weston County (2 year term). PRECorp Foundation Board members are not financially compensated and we would like to extend our deepest appreciation to them for volunteering their time and resources for the benefit of all of us in Northeastern Wyoming. Recent Foundation Donations The Powder River Energy Foundation has recently made two notable donations to worthwhile causes. Sundance Kids Daycare received a donation of $2,200 to purchase books, manipulatives and games for their facility as part of an early literacy program. This donation was approved by the board at their July meeting. Also, the Campbell County Healthcare Foundation received a grant from the PRECorp Foundation. Fundraising activities at the 2008 PRECorp Annual Meeting raised $2,665 to donate to the fund for a new Hospice Hospitality House in Gillette. Basin Electric matched these funds so a total of $5,330 was presented to the Healthcare Foundation at the Gillette Chamber of Commerce Business After Hours on October 16th. If your organization is interested in receiving a Powder River Energy Foundation grant for a charitable cause, more information and a grant application can be found at www.precorp.coop or by contacting Betty Finn at 1-800-442-3630.

Join the PRECorp Local Action Network Today! At Powder River Energy we don’t sit on our hands while the world changes around us. We know if we are going to be successful in making a real difference on legislation, our voices must be heard at the right time, by the right people and for the right reason. And, we know we need your help! The PRECorp Local Action Network (PLAN) is a grassroots advocacy group to call on our members when we have an issue we need your help with. The energy industry is moving through challenging times and it will take commitment at the state, national, industry and individual level to effectively move forward. To join PLAN, simply stop by one of our offices and fill out an enrollment card or request a card from a Customer Service Representative at 1-800-442-3630. When you fill out the card, you are making the decision to get involved and make a difference! PRECorp will only use the information to ask for your help on legislative or industry issues. You will receive an e-mail or letter informing you of the issue and who you can contact should you decide you want to voice your opinion on the issue. The choice will always be yours!


2009 Youth Opportunities!

$cholarship Money Available

Each year Powder River Energy Corporation awards scholarships in the amount of $1,000 each to qualifying graduates of the thirteen high schools in its service territory. To be eligible to receive a scholarship the applicant’s parents or legal guardians must be members of and receive electric service from Powder River Energy. The applicant must be a student who is enrolled or plans to enroll in an accredited two-year college, four-year college, or vocation technical school. The scholarships are available to 2009 high school graduating seniors and to students who previously graduated from one of the thirteen high schools in Campbell, Crook, Johnson, Sheridan and Weston counties. Scholarship awards are based on academic excellence and financial need, and are selected by a committee designated by the PRECorp Board of Directors. Students may also apply for the Basin Electric Power Cooperative Scholarship. This scholarship is also worth $1,000. One student from the entire PRECorp service territory may be chosen. To apply for either scholarship, the student must satisfy the required criteria and complete the scholarship applications, which can be obtained from the high school guidance office, directly from PRECorp offices or online at www.precorp.coop. Applications for the Basin Scholarship must be received no later than February 1, 2009. Applications for the PRECorp Scholarship must be received no later than March 1, 2009.

Cooperative Youth Leadership Camp This summer, Powder River Energy will again sponsor area high school students for the Colorado Electric Education Institute’s Leadership Camp, July 12-17, 2009. This weeklong event will be held at the Glen Eden Resort, located just outside of beautiful Steamboat Springs, Colorado. Participants will make hundreds of new friends from other high schools in Colorado, Nebraska, Oklahoma, Kansas, and Wyoming. Students that attend the camp not only participate in fun activities and resume building; they learn leadership skills important to future employers and college entrance committees. As an added bonus, attendees qualify for the chance to attend the National Rural Electric Cooperative Association Tour to Washington DC in 2010. PRECorp funds the 2009 Leadership Camp in Colorado by providing each participant’s transportation, room and board, and sightseeing events. To apply, students must be in high school and have a parent (s), grandparent(s), or guardian that is a member of PRECorp. For information and applications: visit www.precorp.coop or call Kristin Kelly, Communications Specialist, 1-800-442-3630 or email kristink@precorp.coop. Deadline for applications is February 10, 2009. For information on Steamboat, Colorado visit www.steamboat.com or www.glenedenresort.com.

Upcoming Rate Adjustment Information At the 2008 Annual Meeting and through the WREN magazine, you’ve been receiving information about an upcoming wholesale power cost adjustment. While many aspects of today’s cost of living continue to rise, because we are an electric cooperative owned by our members, we try to keep rates as stable as possible delivering reliable, high quality electricity. The impact of the wholesale rate increase for 2009 is currently estimated to be $19.5 million or an increase of 17.91% in wholesale power costs. The wholesale power cost adjustment will increase the average residential bill an additional $8.00. All rate classes will be affected by the adjustment. The adjustment is based on the cost to purchase power from Basin Electric Power Cooperative. Several factors affect power costs including increased cost of fuel and transportation, and the addition of new infrastructure. If you have any questions or concerns regarding the implementation of this rate adjustment we encourage you to call our offices at 800-442-3630. We will do our best to answer your questions and we look forward to working with you on ways that you may be able to reduce your monthly bill. We have programs and information available to assist you in regards to energy efficiency and conservation. This adjustment is contingent upon approval by the Wyoming Public Service Commission.

For information on Powder River Energy’s proposed Cost of Power Adjustment filing and Heat Rate filing with the Wyoming Public Service Commission please visit our website at www.precorp.coop; News; Stakeholder Updates. Copies of the information will also be available at our offices in Sheridan, Gillette, and Sundance.

PRECorp offices will be closed Wednesday, December 24, 2008 Thursday, December 25, 2008 & Thursday, January 1, 2009 Have a safe and happy Holiday season!

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. 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

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News From... The Powder River Energy Foundation Join the PRECorp Local Action Network Today! Official Publication of Powder River Energy Cor...

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