Watts News
 Published for the members of North Itasca Electric Cooperative
VOL. 21 NO. 2  -  February 2018

CEO Report

continued

By the time you read this we should have a new lineman starting on the crew. We will conduct interviews tomorrow for our next hero in the ranks. I have the utmost respect for the people in this field, it is very difficult, unforgiving and rewarding all at the same time. We expect to make a call at any hour of the day and have help on the way. Iím proud to be associated with the crew we have at North Itasca, and I look forward to introducing you to our next hero soon.

Tina, Lucy, Kim, Amy and Sheila have been working hard to finish out 2017! The end of the year reporting is here and thereís a lot of it. Our board of directors has picked the auditing firm of Eide Bailly to handle the 2017 audit. This is a big job for everyone in the office. I look forward to working with our auditors this year. It is a deep dive into the Cooperative with no stone left unturned. Eide Bailly comes to town in March, there is a lot of information exchanged prior to the ďfieldĒ visit. This is a time where I must be on my best behavior, I will make sure the coffee is hot and Iím quick to help! The yearly audit is essential to our Cooperative, we have requirements by our lenders, but most importantly our member-owners. The yearly audit isnít anything we take lightly.

I had an opportunity to visit with one of my member-owners this month about a high bill complaint. I didnít ask if I could speak about our conversation, so Iíll leave this personís identity a mystery. We had a nice visit about the cost of doing business at your cooperative and the impacts it is having on their wallet. We talked extensively about fixed costs, poles, transformers, regulators, right-of-way maintenance and the many other things that make up our monthly power bills. It is no surprise that we had several high bill complaints this month, it was cold. My power bill was quite high, and Iím not there right now. I have my well breaker off, water heater breaker off, and heat is set around 55 degrees. I heat my home with electric, when it is below zero for that many days in a month the kilowatts seem to add up. I would suggest, look around your home. Jerry wrote an article about space heaters and the costs of running them this month, check it out. When we plug in our vehicles, heat tape, horse or cattle waterers, all these things add up. I encourage you to call the office and talk to us. We want to help you save or find the energy usage around your home.

Iím looking forward to setting up an informational meeting soon with a group in Bigfork. Wes Waller and I have been invited to share information and lunch with the Women of the Woods at the Sand Lake Community Center on Monday. I enjoy getting out and visiting with our member-owners, itís a great time when we can have a good conversation and a few laughs along the way. Thank you for inviting me into your community! One last exciting piece of information to share with you all. Tina and Amy informed me this morning that our capital credit checks will be in the mail January 23rd or 24th. Thank you for your patience and understanding with us during the past several months.

By your side,
Brad




Return to the February 2018 Issue