Struggles to keeping the lights on. By Scott Westlund CEO/General Manager Sheridan Electric Cooperative As most of the membership is starting to learn is that Sheridan Electric has finally been cornered to trigger some sort of rate increase late this year or early next year. Running very lean on employees, and recycling as much material as we can, it is apparent that the possible rate increases from our two sources of energy, WAPA, and Basin, will force us to do the same. What that is, is not even an educated guess at this point, but it is a reality, and coming from outside influences. There will be more to come as we learn more about where these entities settle in at, but as they build generation, someone has to pay for it. On another note, Basin Electric and the whole of the generation industry is under attack. This attack is intended to curtail, and shutdown what keeps the lights on in this region. So far, we have been lucky but the centralized footprint we sit in has only had resource advisories, which can quickly turn into shutdowns of our substations. Just as a reference, there had been no resource advisories for many years prior to three years ago. AM Now it seems I see them every week. This affects you, the members. Attached is a memo from the North Dakota Rural Electric’s Association which we are a part of. This is a direct letter that explains exactly what is impacting our energy suppliers, and some of the reasons they must raise rates. . Inflation . EPA These are only a couple of the reasons rates are not stable, nor will they be in the foreseeable future. Some of these controls could potentially put our power generation suppliers out of business, then we are really in trouble. So, a sneak peek into what we deal with every day. Struggles to keeping the lights on. By Scott Westlund CEO/General Manager Sheridan Electric Cooperative As most of the membership is starting to learn is that Sheridan Electric has finally been cornered to trigger some sort of rate increase late this year or early next year. Running very lean on employees, and recycling as much material as we can, it is apparent that the possible rate increases from our two sources of energy, WAPA, and Basin, will force us to do the same. What that is, is not even an educated guess at this point, but it is a reality, and coming from outside influences. There will be more to come as we learn more about where these entities settle in at, but as they build generation, someone has to pay for it. On another note, Basin Electric and the whole of the generation industry is under attack. This attack is intended to curtail, and shutdown what keeps the lights on in this region. So far, we have been lucky but the centralized footprint we sit in has only had resource advisories, which can quickly turn into shutdowns of our substations. Just as a reference, there had been no resource advisories for many years prior to three years ago. AM Now it seems I see them every week. This affects you, the members. Attached is a memo from the North Dakota Rural Electric’s Association which we are a part of. This is a direct letter that explains exactly what is impacting our energy suppliers, and some of the reasons they must raise rates. . Inflation . EPA These are only a couple of the reasons rates are not stable, nor will they be in the foreseeable future. Some of these controls could potentially put our power generation suppliers out of business, then we are really in trouble. So, a sneak peek into what we deal with every day.
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