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Companies that Care - By Adam Schwartz

Companies that Care

By Adam Schwartz

Studies have shown that communities where owners occupy the majority of homes are more successful academically, are more physically fit and have a stronger sense of community. While owning a home may not be possible or desirable for everyone, ownership does matter. It just seems to make sense that we treat things we own with greater care.

Solar & More

Solar & More
By Timothy J. Power, CEO

The past couple years we have surveyed you, our members, on a variety of issues, including your interest in solar energy.

In August 2016 the DS&O board of directors voted to have a solar demonstration unit installed at our office in Solomon.  Our 4 kW solar unit is up and running.  We invite anyone interested to come by and check it out. 

Riley Sleichter Attends Cooperative Youth Leadership Camp

Riley Sleichter was selected to attend the 40th annual Cooperative Youth Leadership Camp in Steamboat Springs, Colo. From July 16-22, Sleichter joined approximately 100 youth from Kansas, Colorado, Wyoming and Oklahoma for the week-long camp that combines education about the cooperative business model with traditional camp pastimes.

RED ZONE & PEAK ALERTS By: Timothy J. Power, CEO

Timothy J. Power, CEO

RED ZONE & PEAK ALERTS

By Timothy J. Power, CEO

Summertime is always the best of what might be.” ~Charles Bowden

As we head into the heat of summer, we share Charles Bowden’s optimism.  With our new residential rate structure and the installation of a peak generator, we are confident we will see significant savings on our power costs.  This, in turn, will reduce the likelihood of future rate increases.  But we need your help to make this happen.

THE SCIENCE OF ATTIC INSULATION

What’s in your attic?

The answer to this question could be costing you hundreds of dollars each year!

We are constantly striving to keep your energy costs down, however, the cost of generating the electricity supplied to your home has risen at historical rates over the past decade. What does this mean to you? Energy costs have gone up tremendously.

New Residential Rates - By Timothy J. Power, CEO

Timothy J. Power, CEO

New Residential Rates
By Timothy J. Power, CEO

Last October DS&O asked Cooperative Finance Corporation (CFC) to begin a cost of service study, which included a revenue requirements assessment, cost of service study, and eventually rate design recommendations.

The Cost of Service Study (CSS), which looked at each rate class, showed a combined 4% deficit in revenue.  The Board of Directors (Board) decided to focus on the Residential rate classes this year, since these classes bring in approximately 70% of the cooperative’s revenue.  It is our plan to look at the Commercial rates in 2017.  The CSS showed that all Residential rate classes had a monthly cost to serve close to $50.00.  This is at least $22.50 more than we currently charge for any of our Residential rate classes.

The Cost to Serve By Timothy J. Power, CEO

Timothy J. Power, CEO

Last month I explained how power costs, namely demand charges, are a key component of DS&O’s finances.  This month I want to summarize results of our recently completed cost of service study.

The study results show DS&O is about 4% short in revenue for all rate classes combined.  Ideally, we want to make sure every rate class brings in enough revenue to cover its associated costs.  The study showed that while there are a handful of individual rate classes that do “carry their weight”, most rate classes come up short.

Since the six residential rate classes make up over 70% of DS&O’s revenue, that is where we will initially direct our focus.  The other rate classes will be addressed later, probably in 2017.

COLD WEATHER RULE ENDS MARCH 31ST

DS&O will begin collection procedures as the weather allows. Some of our members may qualify for LIEAP the (Low Income Energy Assistance Program). LIEAP is a federally funded program that helps eligible households pay a portion of their home energy costs by providing a one-time per year benefit. Click Here to learn more about LIEAP.

DS&O monthly billing process is as follows:

The Biggest Piece of the Pie - By Timothy J. Power, CEO

Timothy J. Power, CEOAs discussed in previous newsletter articles, we are engaged in a cost of service study for the cooperative.  A cost of service study does just what it says - it looks at the cost to service the different rate classes we have.  It helps determine whether our rates are too high, too low, or just right for each class.

Director Elections

Your Vote Counts Image

DS&O's coverage area is divided into three districts. Individuals who wish to run for a director's seat need to be active members of the cooperative and bona fide residents of the district they wish to represent. Potential candidates need to be nominated by written petition signed by at least 15 members who are residents of the cooperative. Signed petitions were to be returned to the DS&O cooperative office in Solomon office by 5:00 p.m. on Monday, February 1, 2016.

The following members met all the above requirements and will be place on the 2016 ballot.

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