The financials of your Public Power District are constantly being reviewed by staff, board members and auditors. These reviews include constant reviews by District staff and monthly reviews at board meetings. There are also thorough audits completed by outside audit team. This audit is also reported to the State of Nebraska. This extensive review process is to ensure the money you pay for electricity is carefully accounted for and spent wisely.
The District is in a solid financial position and continues to see growth. Energy sales, as you can see, have increased for three straight years. Revenue has also increased and that is only due to the increase in energy sales. We have not taken a rate increase in over 4 years. This growth allows us to spread increased costs over more kilowatt hour sales. This growth also helps share in the cost to maintain the electric plant and keep your lights on!
The other side of this financial coin is expenditures. In 2018, 72% of our expenses were the wholesale cost of power. The remaining 18% is managed to serve the customer and that includes maintaining the lines, customer service, administration and payroll. We carefully balance the cost of energy with the level of reliability. We strive to deliver the highest reliability at an affordable cost.
Our staff does a great job accounting for your hard-earned money. I want to thank you for your business and look forward to serving you all for years to come. Hope you had a safe summer!
Are you considering building a new grain bin?
Please call the SCPPD office to discuss your plans with our Operations Manger. The National Electrical Safety Code sets minimum clearances around grain bins. It requires that any high-voltage power lines (over 600 volts) be 18.5 feet above the highest point on a grain bin. Additionally, the Code sets the minimum distance that power lines must be from grain bins, depending on the bin’s height. For instance, a bin that is 15 feet tall must be at least 55 feet from power lines on its loading side, and a bin that is 50 feet tall must be at least 143 feet from power lines on its loading side.
NEW AMI PROJECT CONTINUES
The new AMI system deployment is fully under way with 5 collector’s and 100 routers throughout the SCPPD service area installed to date, this is the backbone of the system to carry data. Meter deployment for meters in the City of Stanton have been 99% updated. The Village of Pilger has been 100% updated and we continue to work our way across the county replacing the districts 1,700 meters in our rural area. Customers will see district employees at every service changing meters plus gathering and updating all customer service information which will make outage calls more efficient.
This meter exchange will cause a brief outage to your service as one meter is removed and the new one is installed. If you have questions or concerns, please contact the SCPPD office.