Strategic decisions to position its generation portfolio and other cost-saving measures have left
Great River Energy entering 2018 with stable wholesale electricity rates and a strong financial
Great River Energy’s revenue requirement for next year is budgeted at $969.2 million, down
more than $20 million from the 2017 budget. That means lower power costs for Great River
Energy’s member cooperatives.
Cost savings in operations and maintenance and fuel contributed significantly to the budget
reductions. Keeping costs competitive was especially critical as Great River Energy continues
to experience stagnant energy sales.
I have some good news to report after attending the GRE Managers Meeting. My understanding
is, our fellow Cooperative that was looking at battery technology has shifted their approach recently.
From what I’ve learned, the intent is to use solar to charge the batteries now. This will have a
reduced effect on the other members of GRE, and truly prove the technology. We won’t have to
make any changes to the power contract, and they will still see a benefit from the project. I am
excited that they took this approach to the technology and I wish them the best of luck working
on this project.
I don’t know about you, but winter seemed to leap out at me! This has been the first deer season
in many years we’ve had a decent amount of snow. Out at deer camp we found ourselves making
less drives and playing about the same amount of cards.
For over 25 years, the Mitten Maids, a group of volunteers from the Northome/Squaw Lake
area, have been bringing Christmas to children in their area. This year they were selected as
the winner of the $500 Community Award from Touchstone Energy.
The group began their mission when they realized that there were many children in their area
who do not receive presents at Christmas due to family finances or other circumstances.. Now
each year members contribute money and time, collect donations, and personally select and
wrap gifts and books for children. Each child also receives a pair of warm mittens. Last year
alone, the group served 138 children