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HomeMy WebLinkAboutMINUTES Light and Power Committee 1968-02-19C) LIGHT AND POWER COMMITTEE Committee Report February 19,1968 COMMITTEE:Brodie -Tregent -Petrocine -Sweetland -Bailey ATTENDING:Brodie -Tregent -Petrocine -Sweetland -Bailey OLD BUSINESS: 1.The introduction of Mr.C.H.Hoper,Utility Engineer,represent ing C.H.Hoper and Associates. Mr.Hoper was asked to explain the scope and purpose of electric rate studies to the committee.This was requested to provide the committee with a working knowledge of time required,possible cost and the expectant result. Mr.Hoper gave a detailed account of rate studies conducted by him in a number of cities and towns in the mountain areas, showing the value of such reports for rate adjustment and utility planning. Mr.Hoper stated that his survey would include a study of operations for the past five years,current revenue needs, operating costs,cost of capital and anticipated load growth. It would also include a study of billing data over a twelve month period and a detailed cost of service.This would be followed by proposed rates and general recommendations. The meeting was concluded with a statement by Ronald Brodie, Chairman of the Light and Power Committee,to the effect that continued study by the committee would be required before making any decision. NEW BUSINESS: NONE There being no further business,the meeting was adjourned. APPROVED, FEB261968 TO’J U EF3 83ARD C TUSTEES ø Bailey 2/19/68