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Utility Board Notes Increase for Power for Irrigation Uses

 

Lamar Light and Power Turbines

 

The Lamar Utility Board approved a five year irrigation contract with John Sutphin IV for power for a 60 horsepower irrigation pump. Light Plant Superintendent, Houssin Hourieh explained this is a standard contract in which Sutphin will be charged $10 per horsepower, resulting in a minimum yearly charge of $600 and an $18 monthly service charge.  The unit is located east of the Wiley Seep Ditch.

The Superintendent noted that sales of electricity through this past March are up approximately 0.96% when compared to the same time frame in 2017. Residential sales were down only a fraction, at 0.02% and irrigation sales were up approximately 16.5%.  Commercial/industrial sales were up 0.86%.  Those three classes account for an estimated 96% of total sales.  Revenue is up 2.72% during this time frame.

The wind turbine crew has completed the installation of T-4’s main breaker. The crew also performed a HUB entry to replace the blade’s breaking system battery pack.  The turbine was online by April 3rd.  Hourieh explained the repairman has to ascend the 247 foot tall turbine, tie off on secure lines and climb/walk over the edge of the nacelle, open the front covering of the nacelle and enter the unit that way in order to make repairs.

The December 2017 financial report indicates cash is up $162,981 from November and accounts receivable decreased by $88,710. Total operating revenues for the year are $14,928,199 and total operating costs are $11,952,187 resulting in gross operating income of $2,976,012.  When the non-operating revenues and expenses are taken into consideration, there is a net income of $1,479,420 year to date.

Operating revenues from December 2016 to December 2017 are up 6%, or $842,722. Overall operating expenses for the same period are up 2% or $278,736.

By Russ Baldwin

Filed Under: AgricultureCity of LamarConsumer IssuesEconomyFeaturedUtilitiesWeather

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