ICLP has ‘interesting, resilient’ year

2015 ICLP door prize winners

Idaho County Light & Power Annual Meeting door prize winners

$77 Gift Certificate donated by ICL&P - Jean Carroll; $77 Gift Certificate donated by ICL&P – Jerry Schumacher.

  1. Belgian Waffle Baker– donated by Idaho County Light & Power – Sunny Renshaw.

  2. Snap-On LED Work Light donated by Idaho County Light & Power – William Lane.

  3. Hamilton Beach Electric Kettle - donated by Idaho County Light & Power – Anita Smith.

  4. Ceramic Tower Heater – donated by Idaho County Light & Power – Colleen Wilson.

  5. Auto Inverter – Donated by General Pacific, Inc. – Elaine Schumacher.

  6. Professional Rice Cooker – donated by Idaho County Light & Power – Lyle Smith.

  7. LED 3-Pack Flashlight – donated by General Pacific, Inc. – Herb Stubbers.

  8. Oster Blender - donated by Idaho County Light & Power – Melva Maddalena.

  9. Kubota Shop Vac - donated by Idaho County Light & Power – Jerry Hill.

  10. $50 Visa Gift Certificate – donated by Northwest Public Power Association – Jack Heiermann.

  11. $50 Visa Gift Certificate – donated by Northwest Public Power Association – Ronald Sonnen.

  12. $50 Home Depot Gift Card – Donated by National Rural Utilities Cooperative Finance Corporation - Gloria Jacks.

  13. Wireless Remote Control Outlets – Donated by General Pacific, Inc. – Ron Holman.

  14. Proctor Silex Hand Mixer - donated by Idaho County Light & Power – John Mercer.

  15. Outdoor Power Cord - donated by Idaho County Light & Power – Larry Schlieper.

  16. $100 Power Bill Credit – Donated by Stella-Jones Corporation – Richard Nuxoll.

  17. Ratchet and Bit Set – Donated by General Pacific, Inc. – Curtis Johnson.

  18. Craftsman Mechanics Tool Set – donated by HDR Engineering – Richard Trainor.

Grand prizes: Gas Grill donated by Propane Equipment & Supply – Lyle Smith; $500 Power Bill Credit donated by ICL&P – Wayne White.

— “As President [Ernie] Robinson said, it has been an interesting year, but it has proven that your cooperative is resilient,” said Jake Eimers, general manager for Idaho County Light and Power Cooperative.

Eimers echoed ICLP’s relief to see 2015 come to a close, following a season that has included disastrous wildfires, infrastructure issues and an increase in wholesale power costs. While some of this has resulted in a rate increase for ICLP members, effective Jan. 1, 2016, the year also brought forth the best of residents from throughout the region.

“We saw many acts of kindness and courage through neighbor helping neighbor in the cooperative way,” Eimers said, during the August wildfires through the Kamiah area, “not to mention the great patience and understanding throughout the fires and in the days since as we put our system back together.”

More than 300 members assembled at the Grangeville Elks Lodge on Nov. 6 to attend the 77th annual ICLP membership meeting. Discussed were some key factors involved in the 3.6 percent rate increase.

These included approximately $500,000 in borrowed funds for wildfire damage that included 118 poles and 54 services, resulting in 670 members out of power: nearly one-fifth of ICLP’s system.

Of the increase, Eimers explained response to the fires was only about one-fourth of a percent of the rate increase, of which the largest portion, 2.25 percent, is needed to meet increased power costs primarily from Bonneville Power Administration that raised their rates to the cooperative 6 percent on Oct. 1.

In the midst of the August wildfires in the Kamiah and Clearwater River areas, ICLP’s John Day hydro-generation plant had to be shut down for two months due to excessive vibration in the shaft between the Pelton Wheel and the generator. This wheel was rebuilt and operations resumed Oct. 22; meanwhile, a new wheel is on order.

The hydro facility, as well as other capital expenditures, make up another one-fourth percent of the rate increase, Eimers explained.

The ICLP rate increase, effective in January, is the first since 2014. For members, this will mean 2016 residential rates for 1,000 KWH usage, the standard for an average home, will be a $115 monthly bill. The residential monthly service cost will increase from $20 to $23, and rates will rise from .0907 to .0920 (0 to 1,500 kWh) and .0562 to .0575 (more than 1,500 kWh).

“Regarding recent events, the response to the wildfires this past August and early September resulted in a drain on cash reserves and the need to draw additional funds from our CFC line of credit,” explained secretary/treasurer, Director Cliff Tacke. “However, your cooperative remains financially stable with member’s equity still above 60 percent. This is quite good for any business.”

For 2014, operating revenues were $8,566,472 (up $241,737 from 2013) and total operating expense was $8,251,127 for net operating margins of $315,345 (up $9,008). Net margins were $373,832 for 2014 (up 1 percent from 2013), and patronage capital saw a $232,882 increase for a total $10,124,814 in 2014. ICLP had an average 3,832 electrical services in 2014 (up by 38), sold 50,436,649 kilowatt-hours (down 1.6 percent).

Reporting for ICP, Director Kim Dahler said, “In spite of a year where sales fell from the prior year, the company remains solid and profitable, and bringing value to your cooperative and our communities.” As an example, he listed ICLP paid approximately $68,941 in principal and interest payments to the cooperative plus $204,000 in management fees and rent.

ICP reports at end of fiscal year (June 30, 2015) it had 3,345 customers (up by 68) and had sold 21 percent less propane for a total 1,331,604 gallons. Gross profit was $1,327,137 (up $48,064) and total sales were down 29 percent for a total $2,555,247. End of fiscal year net income was $108,158, up by $48,910.

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