Blog Archive

Friday, May 22, 2020

May 26, 2020 Regular EPB Meeting

This month we will meet exclusively via teleconference, with no members physically present and with no physical access available to the public. To provide access in compliance with all applicable laws and rulings, the meeting will be televised on EPB Cable6, and on Facebook (on the Glasgow EPB page at https://www.facebook.com/glasgowepb/)and YouTube (https://www.youtube.com/channel/UCyGfIohxwECtiY9M28IX6EQ). This meets the newest requirements for open meetings during the Covid-19 State Emergency.
TENTATIVE AGENDA, 6:00 PM, On EPB Cable 6 and EPB You Tube Channel
1. APPROVAL OF AGENDA AND ANY ADDITIONS
2. CONSIDER MINUTES OF APRIL 28, 2020 MEETING
3. DISCUSS EPB COVID-19 RESPONSE AND RESULTS
4. CONSIDER POLICY ON EPB NON-PAY DISCONNECT FORBEARANCE
A. ORDER FROM GOVERNOR
B. BUDGET IMPACT PROJECTIONS
5. CONSIDER CABLE TELEVISION RENEWALS
6. CONSIDER CABLE TELEVISION RATE CHANGE
7. SUPERINTENDENT’S REPORT
A. APRIL METRICS AND FINANCIAL METRICS REVIEW
B. JUNE FCA
C. CPD LEDGER
D. TVA COVID RELIEF GRANT
E. OPEN MEETING LAW COMPLAINTS
8. OLD/NEW BUSINESS
9. ADJOURN

MEMORANDUM
TO: Members of Glasgow Electric Plant Board
FROM: William J. Ray, PE
DATE: 5/21/2020
SUBJECT: May Board Meeting Information
May Main Topics
Ø EPB Operations in Covid-19 Environment and Temporary Changes
Ø Consideration of Continued Forbearance on Non-Payment Disconnects
Ø Cable Television Contract Renewals
Ø Cable Television Annual Rate Adjustment
Action Items
📷
June 1 FCA
Ø The June 2020 TVA FCA will increase to 1.427 cents per kWh. This is a very small increase in the FCA. COVID influenced April sales, combined with mild weather, resulted in far less fuel being used to produce power. In fact, TVA’s April fuel costs were the lowest on record, since the creation of the FCA. Abundant hydroelectric generation also impacted the fuel cost positively.
Ø On June 1, the energy component of our retail rates will adjust to reflect this increase passed on by TVA.
Covid-19 and Glasgow EPB
Ø Service disconnections for non-payment have been discontinued pending Board direction on same. We have also temporarily waived the fee for call-in credit card payments. When the Board considers these matters, you will be asked to give us directions on how long this temporary policy should last. The matter became more complicated last week when Governor Beshear issued a new order, which forbids utilities (and mentions municipal utilities, like ours, specifically) from resuming normal non-payment disconnects until after he lifts his Emergency Declaration for the state. Obviously, for a non-profit like EPB, the additional losses will have to be borne by all customers. This matter also has federal sovereignty implications, since the Governor is usurping TVA’s regulatory role. This matter is very complicated.
Ø We closed the EPB lobby to the public on Wednesday, March 18. At the same time, we announced the cessation of services to broadband wiring inside customer premises. As the Governor is slowly allowing certain activities to return to normal, we are studying how we can begin to relax our policy of not entering customer homes, with proper PPE and procedures. This is a tough call, as so many of our customers are now huddled into their homes, and totally dependent on the broadband services we provide.
Ø While TVA is giving us considerable latitude on how long this disconnect forbearance should last, they are determined for us to ultimately collect on all balances owed. Further, as mentioned above, they are carefully considering how long to cooperate with the Governor’s directive, before they take action to re-establish themselves as the sole LPC regulator.
Ø “Social distancing” steps have already been taken by the EPB team along with additional cleaning of the EPB office. Personal protective equipment has been provided to EPB team members who interact directly with the public. The team is working shifts, and some are working at home, such that contact with each other is also limited.
Ø We look forward to reversing these steps and moving back toward our normal operations when officials advise us of the safety of that action.
When to End Non-Payment Disconnects Forbearance
Ø Since the last meeting we’ve gotten some important experience with the financial impact of our temporary forbearance on non-payment disconnects of electric power and broadband services.
Ø At the meeting I will give you a lot of information about what has happened over the last two months. We will discuss actual performance versus the projections we made in previous meetings. We will also furnish you with external data on unemployment and the benefits coming to our customers who are impacted by this pandemic. Though you have seen these projections before, we will update them with new data and new projections, based on the recent order from the Governor.
Ø In order to provide better projections, the Superintendent will present projections based on assumptions as to when the Board might choose to end forbearance on non-payment disconnects, and when that forbearance termination might be allowed by the State. These assumptions are necessary, in order to provide realistic projections, but the decision on ending forbearance will continue to be totally up to the Board.
Cable Television Issues
Ø The Programming Committee has recently operated via email polling on a few matters, instead of bringing them together for a real meeting.
Ø The following networks: AXS, Turner Networks (several of these), and Stingray (the digital music product) had contracts which expired recently. The committee evaluated the products and the renewal offers (which will be explained in detail at the meeting) and recommended that the Board accept the renewal offers for all of these services.
Ø There is also the matter of our annual cable products rate adjustment. This has historically been an annual adjustment, effective July 1, which is essential to offset the annual increases in the cost of programming, passed along to us by the satellite services AND the local broadcast stations in Bowling Green.
Ø We will have detailed exhibits at the meeting for you to review, as well as a set of recommended rate changes.
Reports
Ø April Metrics and Financial Review
Ø June FCA
Ø CPD Charge Reserve Fund Status
- kW demand markup was implemented two years ago, to cover TVA wholesale cost for missed peak predictions
- Updated calculations will be presented at the meeting. We are beginning a new year of this reporting, and so far, the fund is in acceptable shape due to overall accuracy of peak predictions.
Ø TVA COVID Relief Grant
- TVA quickly approved the $10,000 matching grant, which was allocated for Glasgow EPB. As predicted, they accepted our $4500/month commitment, which the Board had previously authorized, as our matching amount, so no new money came from EPB. The check for $10,000 has already been delivered to Community Relief.
Ø Open Meetings Complaints
- After the alleged “Special Called Meeting” occurred on May 5, two Open Meetings Law Complaints were lodged against EPB. One was submitted by Joseph Trigg and the other came from Brennan Crain, with WCLU Radio. Copies of both complaints are included with this narrative. These complaints require the Board Chairman to respond within three days. The responses are also attached. You must note the relief sought by both complaints, and that Chairman Taylor has agreed to that relief. For the most part, the complaints are both formed as violations of SB 150. At the meeting, you may want Ronnie Hampton to review SB 150, and the restrictions it places on board meetings, and board agendas, during the present Emergency Declaration.
Conclusion
Please let me know if you have any questions before the meeting, and prepare for a different meeting experience using Zoom.
Friday, April 24, 2020

April 28, 2020 Regular EPB Meeting

This month we will meet exclusively via teleconference, with no members physically present and with no physical access available to the public. To provide access in compliance with all applicable laws and rulings, the meeting will be televised on EPB Cable6, and on Facebook (on the Glasgow EPB page at https://www.facebook.com/glasgowepb/)and YouTube (https://www.youtube.com/channel/UCyGfIohxwECtiY9M28IX6EQ). This meets the newest requirements for open meetings during the Covid-19 State Emergency.
TENTATIVE REGULAR MEETING AGENDA
GLASGOW ELECTRIC PLANT BOARD
APRIL 28, 2020, 6:00 PM
1. APPROVAL OF AGENDA AND ANY ADDITIONS
2. CONSIDER MINUTES OF MARCH 24, 2020 MEETING
3. DISCUSS EPB COVID-19 RESPONSE AND RESULTS
4. CONSIDER EPB PARTICIPATION IN TVA COMMUNITY CARE FUND
5. CONSIDER POLICY ON EPB NON-PAY DISCONNECT FORBEARANCE
A. RECOMMENDATION
B. BUDGET IMPACT PROJECTIONS
6. CONSIDER FLEXIBILITY PILOT PV PROJECT
7. SUPERINTENDENT’S REPORT
A. MARCH METRICS AND FINANCIAL METRICS REVIEW
B. MAY FCA
C. CPD LEDGER
D. GRID PERFORMANCE REPORT
8. ADJOURN

TO: Members of Glasgow Electric Plant Board
FROM: William J. Ray, PE
DATE: 4/24/2020
SUBJECT: April Board Meeting Information
April Main Topics
Ø EPB Operations in Covid-19 Environment and Temporary Changes
Ø Consideration of Continued Forbearance on Non-Payment Disconnects
Ø Power Source Flexibility Pilot Project
Action Items
📷
May 1 FCA
Ø The May 2020 TVA FCA will decrease to 1.415 cents per kWh. This is another small reduction in the FCA. Mild March weather, combined with the beginning of the COVID-19 crisis, resulted in 8% less power being sold, compared to projections, which lowered TVA’s cost of fuel – mainly coal. Abundant hydroelectric generation also impacted the fuel cost positively.
Ø On May 1, the energy component of our retail rates will adjust to reflect this decrease passed on by TVA.
Covid-19 and Glasgow EPB
Ø Service disconnections for non-payment have been discontinued pending Board direction on same. We have also temporarily waived the fee for call-in credit card payments. When the Board considers these matters, you will be asked to give us directions on how long this temporary policy should last. Obviously, for a non-profit like EPB, the additional losses will have to be borne by all customers.
Ø We closed the EPB lobby to the public on Wednesday, March 18. At the same time, we announced the cessation of services to broadband wiring inside customer premises. This is a tough call, as so many of our customers are now huddled into their homes, and totally dependent on the broadband services we provide. As a result, our telephone call traffic for cable and internet support, has doubled to over 40 per day, seven days a week.
Ø While TVA is giving us considerable latitude on how long this disconnect forbearance should last, they are determined for us to ultimately collect on all balances owed.
Ø “Social distancing” steps have already been taken by the EPB team along with additional cleaning of the EPB office. Personal protective equipment has been provided to EPB team members who interact directly with the public. The team is working shifts, and some are working at home, such that contact with each other is also limited.
Ø We look forward to reversing these steps and moving back toward our normal operations when officials advise us of the safety of that action.
TVA Community Care Fund Opportunity
Ø TVA has been working hard to help the LPCs mitigate the damage caused to our communities and our customers. Their latest announcement is that they are creating a $2M fund to match on a 1:1 basis, contributions by LPCs to local non-profits who are providing help to LPC customers struggling to cope in this pandemic.
Ø Although EPB has already committed $54,000 per year to Community Relief, participation in the Community Care Fund will not be limited to increasing the contribution to Community Relief. Other non-profits could qualify, and we will review what we know about the other non-profits operating in Glasgow.
Ø In order for us to capture the full $10,000 allocated to Glasgow, the Board will have to commit the matching $10,000, and choose which agency should receive it.
Ø At the meeting I will ask you to consider this and if the Board wants to move forward, choose the agency and authorize Superintendent to complete the application.
When to End Non-Payment Disconnects Forbearance
Ø Since the last meeting we’ve gotten some important experience with the financial impact of our temporary forbearance on non-payment disconnects of electric power and broadband services.
Ø At the meeting I will give you a lot of information about what has happened over the last month. We will discuss actual performance versus the projections we made last month. We will also furnish you with external data on unemployment and the benefits coming to our customers who are impacted by this pandemic.
Ø In order to provide better projections, the Superintendent will present projections based on assumptions as to when the Board might choose to end forbearance on non-payment disconnects, and what terms EPB should allow for giving customers time to bring their account balance back to normal. These assumptions are necessary in order to provide realistic projections, but the decision on ending forbearance is totally up to the Board.
Ø After all of this information is provided, I will ask the Board to give the staff more information on when forbearance should end, or, alternatively, develop other criteria for the EPB to use relative to this matter.
Possible Solar Pilot Project
Ø This item is a repeat from the last meeting, in which the proposal was not adopted, but I was asked to bring it back again this month.
Ø The new Long-Term Partnership Agreement with TVA includes a provision that would allow us to provide up to 5% of our own electric power.
Ø This provision is exciting, but it is also something we have no experience at doing. In order to gain some experience, we are studying a possible pilot project, one that is manageable from an expense perspective, but robust enough for us to gain experience before moving forward.
Ø We have much to learn about installing and operating a solar array. We also have a lot of software issues to solve relative to metering, billing, and providing information to customers via our portal and the new application we are developing. For all of these reasons, a small pilot project might make a lot of sense.
Ø At the meeting I will bring you up to speed on what we have already learned, and just what sort of pilot project we are contemplating. We look forward to discussing this with you so that we will know your feelings on pursuing this pilot.
Reports
Ø March Metrics and Financial Review
Ø May FCA
Ø CPD Charge Reserve Fund Status
- kW demand markup was implemented two years ago, to cover TVA wholesale cost for missed peak predictions
- Updated calculations will be presented at the meeting. We are beginning a new year of this reporting, and so far, the fund is in acceptable shape due to overall accuracy of peak predictions.
Ø Grid Performance Report
- The Superintendent will review how the electric and broadband networks are performing, given the overnight changes to how those networks are utilized.
Conclusion
Please let me know if you have any questions before the meeting, and prepare for a different meeting experience using Zoom.
Wednesday, March 18, 2020

March 24, 2020 Regular EPB Board Meeting

NOTICE!
This month we will need to meet while observing the CDC recommended social separation. To do business, we need three board members. So, if only three come, and if we limit other attendees to me and Cody and Jonathan (operating the cameras), along with Amy to help with the minutes, we should be able to do business and keep separated. Our meetings are already televised on EPB Cable6, and on Facebook (on the Glasgow EPB page at https://www.facebook.com/glasgowepb/)and YouTube (https://www.youtube.com/channel/UCyGfIohxwECtiY9M28IX6EQ), and this meets the newest requirements for open meetings during the Covid-19 State Emergency. We should also be able to come up with a way to connect the other two board members by telephone so that they can participate in discussion.
While there are may be elements of this proposed meeting format that do not meet the letter of the law, I don’t think anyone can suggest that we are not trying to honor the spirit of the laws, in a bizarre situation.
Thank you for working with us to minimize our contact with each other, while conducting the critical EPB business. We will offer you an even better solution in April, one that is fully compliant with the latest State guidelines.

TENTATIVE REGULAR MEETING AGENDA
GLASGOW ELECTRIC PLANT BOARD
MARCH 24, 2020, 6:00 PM
1. APPROVAL OF AGENDA AND ANY ADDITIONS
2. CONSIDER MINUTES OF FEBRUARY 25, 2020 MEETING
3. CONSIDER EPB COVID-19 RESPONSE
4. CONSIDER ADDITIONAL RESOLUTION FOR BANK SIGNATURES
5. CONSIDER FLEXIBILITY PILOT PV PROJECT
6. SUPERINTENDENT’S REPORT
A. FEBRUARY METRICS AND FINANCIAL METRICS REVIEW
B. APRIL FCA
C. CPD LEDGER
D. COMMUNITY RELIEF FUNDING UPDATE
E. LSC IMPACT REPORT
7. ADJOURN

TO: Members of Glasgow Electric Plant Board
FROM: William J. Ray, PE
DATE: 3/18/2020
SUBJECT: March Board Meeting Information
March Main Topics
Ø Board Meetings in the Covid-19 Environment and Temporary Changes
Ø Additional Resolution for Altering Bank Signatures
Ø Power Source Flexibility Pilot Project
Action Items
📷
April 1 FCA
Ø The April 2020 TVA FCA is projected to decrease to 1.430 cents per kWh. This is another small reduction in the FCA. Mild February weather resulted in less power being generated, which lowered TVA’s cost of fuel – mainly coal. Abundant hydroelectric generation also impacted the fuel cost positively.
Ø On April 1, the energy component of our retail rates will adjust to reflect this decrease passed on by TVA.
Covid-19 and Glasgow EPB
Ø Service disconnections for non-payment have been discontinued pending Board direction on same. We have also temporarily waived the fee for call-in credit card payments. When the Board considers these matters, you will be asked to give us directions on how long this temporary policy should last. Obviously, for a non-profit like EPB, the additional losses will have to be borne by all customers.
Ø We closed the EPB lobby to the public on Wednesday, March 18. At the same time, we announced the cessation of services to broadband wiring inside customer premises. This is a tough call, as so many of our customers are now huddled into their homes, and totally dependent on the broadband services we provide. At the meeting I will expand on how we are approaching this matter. While I wanted to hold off on these steps until the Board meets, the situation was just too fluid for the team to wait that long.
Ø I am also enclosing an email from TVA, on the subject of waiving service disconnection for non-payment. As you can see, they are giving us precious little leeway on this.
Ø “Social distancing” steps have already been taken by the EPB team along with additional cleaning of the EPB office. Personal protective equipment has been provided to EPB team members who interact directly with the public.
Ø Additional contingency plans are being developed, just awaiting the perceived need to implement them. These include altering work schedules, working from home, and keeping each essential team member and their backup person completely separated.
Ø We look forward to hearing the Board’s perspective on these steps.
Additional Resolutions Requested for Signature Changes
Ø As I predicted, getting some people removed from check-signing authorization and replacing them with new people, is much harder than it should be.
Ø Already, one local bank has asked for a specific resolution (a copy of which is included in the Board package) to be passed by the Board before they honor our desired signatory changes.
Ø At the meeting I will ask you to approve the resolution. I will also update you on the progress at other local banks.
Possible Solar Pilot Project
Ø The new Long-Term Partnership Agreement with TVA includes a provision that would allow us to provide up to 5% of our own electric power.
Ø This provision is exciting, but it is also something we have no experience at doing. In order to gain some experience, we are studying a possible pilot project, one that is manageable from an expense perspective, but robust enough for us to gain experience before moving forward.
Ø We have much to learn about installing and operating a solar array. We also have a lot of software issues to solve relative to metering, billing, and providing information to customers via our portal and the new application we are developing. For all of these reasons, a small pilot project might make a lot of sense.
Ø At the meeting I will bring you up to speed on what we have already learned, and just what sort of pilot project we are contemplating. We look forward to discussing this with you so that we will know your feelings on pursuing this pilot.
Reports
Ø Metrics and Financial Review
Ø April FCA
Ø CPD Charge Reserve Fund Status
- kW demand markup was implemented two years ago, to cover TVA wholesale cost for missed peak predictions
- Updated calculations will be presented at the meeting. We are beginning a new year of this reporting, and so far, the fund is in acceptable shape due to overall accuracy of peak predictions.
Ø Community Relief Funding Update
- As the Board instructed, we have already delivered our first three monthly payments of $4500 to the agency. This decision is going to turn out to be very timely, in light of the crisis many of our customers find themselves in.
Ø LSC Financial Impact on EPB
- The Superintendent will review potential impact of the LSC announcement on EPB finances, and how EPB non-volumetric rates have limited EPB exposure.
Conclusion
Please let me know if you have any questions before the meeting.
Thursday, February 20, 2020

February 25, 2020 Regular EPB Meeting, 6:00 PM

TENTATIVE AGENDA
1. APPROVAL OF AGENDA AND ANY ADDITIONS
2. CONSIDER MINUTES OF JANUARY 28, 2020 MEETING
3. CONSIDER BOARD OFFICER ELECTIONS POLICY
4. CONSIDER PAD MOUNTED TRANSFORMER PURCHASE
5. CONSIDER TVA LONG TERM RELATIONSHIP AGREEMENT UPDATE
6. CONSIDER CHANGES TO RULES AND REGULATIONS
7. SUPERINTENDENT’S REPORT
A. DECEMBER METRICS AND FINANCIAL METRICS REVIEW
B. MARCH FCA
C. CPD LEDGER
D. WINDSTREAM BANKRUPTCY UPDATE
E. COMMUNITY RELIEF FUNDING UPDATE
F. LARGE OUTAGE REPORT
G. LSC IMPACT REPORT
H. TECHNOLOGY DEMONSTRATION

8. ADJOURN





MEMORANDUM
                                                                                                                  
                                                                                               
                                                                                     
TO:                       Members of Glasgow Electric Plant Board                 
                                                                                               
FROM:                  William J. Ray, PE                 
                                                                                               
DATE:                  2/20/2020    
                                                                                                                  
SUBJECT:            February Board Meeting Information                                             


                                     
February Main Topics

Ø  Board Officer Elections Policy
Ø  Pad Mount Transformer Purchase
Ø  TVA Long Term Relationship Agreement Update
Ø  Rules and Regulations Changes



Action Items
March 1 FCA
Ø  The March 2020 TVA FCA is projected to decrease to 1.627 cents per kWh. This is another small reduction in the FCA. Mild January weather resulted in less power being generated, which lowered TVA’s cost of fuel – mainly coal. Abundant hydroelectric generation also impacted the fuel cost positively.  
Ø  On March 1, the energy component of our retail rates will adjust to reflect this decrease passed on by TVA.
        
Pad Mount Transformer Purchase
Ø  Growth of production capacity at Chuhatsu brings about the need for a bigger power contract and additional transformation capacity.
Ø  An additional 2000 kVA, 277/480v., three phase unit is needed.
Ø  We purchase units like this through a cooperative transformer design/pricing group purchasing arrangement, with fixed pricing.
Ø  The present group price for the needed unit is $24,343. I will ask the Board to approve this purchase.

EPB Board Officer Election Policy
Ø  Until the last few years, there was little turnover of EPB Board membership, and there has never been a stated Board policy regarding the frequency of officer elections, nor the term of elected officers.
Ø  Since turnover of Board membership is now common, it seems that the Board should institute a policy on officer elections and terms of office.
Ø  I will not suggest what the policy should be, but if you adopt one, it will make it far easier for the Superintendent to plan appropriate agendas to include whatever election frequency that the Board chooses.

TVA Long Term Partnership Agreement Update
Ø  Since the recently executed agreement has a Most Favored Nations clause, any changes to the original agreement that TVA offers any LPC, must also be offered to all LPCs.
Ø  Enclosed in the Board package is a recent marked up copy of the agreement wherein TVA has offered some enhancements to the agreement. These changes would seem to improve the agreement from the EPB perspective, but that determination is up to the Board.
Ø  If you are okay with the changes, we need to do nothing and the agreement between EPB and TVA will automatically be updated in 90 days. Should the Board elect not to receive the new benefit of the proposed change, we must notify TVA that we want to stand on the existing agreement language, within 90 days.

Rules and Regulations Changes
Ø  One of the biggest responsibilities of the Board is to deliberate on what the General Schedule of Rules and Regulations should contain. These are the rules that inform our customers how we do business, and they form the instructions for the EPB team to operate under. While these rules must also be approved by TVA, it is good to review them often, just to make sure that changing conditions match up with our published Rules and Regulations.
Ø  This month we want to conduct such a review and I will recommend a few changes. A marked-up set of those recommended changes is included with this package.
Ø  At the meeting we will discuss these recommendations. Some of the proposed changes are intended to underscore things we already do, but which are not clear enough in the document. For example, we often hear that EPB should separate electric and cable billing by sending out separate bills. While we do not spend the extra money for a second bill, we do clearly delineate electric bill payment from other broadband services, and we never terminate electric service when the electric portion of the bill is paid. This accomplishes the same thing, without the redundant billing. That is one of the clarifications we are recommending.
Ø  Another refrain we hear fairly often, is that EPB should allow customers to pick their own due date. We have been doing that for over a decade, but even though we explain that often in our lobby, it is not sufficiently addressed in the present iteration of the Rules and Regulations, so we want to correct that.
Ø  We are also suggesting other changes, especially relative to the i-Pay product. A few years of administering this product have revealed some minor changes and clarifications that should be presented in the Rules and Regulations, and they are shown for your consideration.
Ø  Please review the proposed changes and be prepared to discuss same at the meeting. If you concur with the recommendations, we will still need to pass them by TVA before they become effective.




Reports

Ø  Metrics and Financial Review
Ø  March FCA
Ø  CPD Charge Reserve Fund Status
-       kW demand markup was implemented two years ago, to cover TVA wholesale cost for missed peak predictions
-       Updated calculations will be presented at the meeting. We are beginning a new year of this reporting, and so far, the fund is in acceptable shape due to overall accuracy of peak predictions.
Ø  Windstream Bankruptcy Update
-       There is good news! Windstream is now current on all electric accounts. They made a large payment on the pre-petition debt as well, and they have paid the 2019 and 2020 pole rental amounts (nearly $80,000 total). It seems that Scott Bachert found the right way to approach them.
Ø  Community Relief Funding Update
-       As the Board instructed, we have already delivered our first monthly payment of $4500 to the agency. The letter attached to this package was sent to the agency to explain your plans and the conditions you placed on the donations.
Ø  Large Outages Report
-       I normally give a report on what happened whenever a circuit locks out for an extended period. These outages might impact 200-700 customers, and it is just good for the Board to hear how these events unfold. At the meeting, I will have a report on a couple of circuit lockouts in the last month.
Ø  LSC Financial Impact on EPB
-       The Superintendent will review potential impact of the LSC announcement on EPB finances, and how EPB non-volumetric rates have limited EPB exposure.
Ø  Technology Demonstration
-       In the past, before the boardroom contained so much strife, I used to regularly give the Board a demonstration of the latest technology we are studying for our customers. This month we will return to that habit and demonstrate some of the latest video formats. See https://en.wikipedia.org/wiki/8K_resolution for background information.


Conclusion

Please let me know if you have any questions before the meeting.