Take a load for free
And you put the load right on me
Well attended the council work session Monday at 5:00 pm.
Meeting showed a lot of graphs and load amounts. Usual stuff.
Dawn Lund Vice President of Utility Financial Solutions LLC the company hired by Painesville to evaluate our electric department. Everything from fixed costs, labor, depreciation, PCA everything she will evaluate in the coming months.
One thing I kept hearing about was maybe our charges are to low? Never heard to high.
The model we use to set our electric rates with was a 1992 model, and presently no one at City Hall can find it to see what was exactly the numbers were used to set our electric prices. So Ms. Lund will be flying blind as she runs all the numbers. To her credit she claimed that the PCA should never be within a few dollars of your standard bill. She explained Painesville has three basic prices. Residential, Commercial, and Industrial.
A resident asked if there was a site where he could see those rates? Presently the City doesn't have a site where a resident can see those numbers. They should
Being a Municipal owed utility those number's should be available to residents.
Ms. Lund will look into all costs associated with our electric utility. Fixed costs, depreciation, equipment and labor.
I questioned labor how are you going to do that if workers are preforming duties in other departments? Ms. Irelan told me that labor at the plant was a fixed cost? I question the legality of all this if we can't take profits of our electric division to fix roads how do we let the electric department pay for employee's not doing plant work?
Now let me explain right now I believe right now our Power Plant is the most valuable thing in the city. I see our Power Grid hacked by someone in the near future and it would be to our benefit if we are able to produce power on our own.
Looking on the internet I found a site in Westerville, Ohio who published all he revenue percentages of all Municipal power plants in Ohio, yes including Painesville.
Myself I believe Painesville is making a healthy profit on our utilities lets see what Dawn comes up with?