WHAT IS CONTROLLABLE BY THE BOARD?
A large part of the controllable costs are in construction which is one of the cash cows for the IBEW Union. The workers get paid today, but your children and grandchildren will pay and pay for the next 40 years, with interest! This is no small thing. ¼ of your bill is for past construction. We have to have a genuinely competitive environment without the bloated feather bedded costs from the current situation.
|Total Cost of Electric Service||$217.2 million||2005 Statement of Operations|
|Fuel & purchased Power||$108.4 million||50%||Half is for fuel & purchased power|
|Depreciation & Interest||$51.8 million||24%||1/4 is from past construction. Past bloat will just have to work its way through the system|
|Controllable Ops Costs||$56.9 million||26%||1/4 are controllable, 65% is labor|
|Ops Salaries||$37.0 million||17%||65% of Controllable Ops Costs|