Dear co-op community members:
Happy Budget Season!
These past few months, the Lane Electric Board of Directors and staff have been as busy as Santa’s elves building a responsible budget for 2019. The board is evaluating the proposed budget and a potential rate increase, if necessary, to support the infrastructure improvements necessary for keeping your electricity reliable. We will keep you informed as soon as the budget is adopted and any rate adjustments are made.
Meanwhile, here are some storylines from the 2019 proposed budget:
- We expect members to reduce their electric use next year by almost 1 million kilowatt-hours.
- The proposed 2019 budget’s total expenses are slightly higher than the 2018 budget’s total expenses.
- Next year looks to be the year for planning. Strategic planning, a substation communications feasibility plan and a disaster recovery plan are all in the works.
Happy Holiday Season!
On behalf of Lane Electric Cooperative Board of Directors and employees, we wish you a peaceful and joyous holiday season. May you cherish time with friends and family!
Matt Michel, General Manager