Costs continue to go up, and with water we have a small margin. We need to keep money in reserve. Chemical costs have nearly doubled since last June. |
Our numbers were not current, and we needed to change those to reflect our budget. |
That time period has historically been a lower electricity cost time of year. However, in 2005 prices rose considerably due to the high cost of natural gas and other fossil fuels and temperatures were below normal. |
We add all our net costs together and subtract sales to other utilities. In a good month where we sell a lot of power credits, we're able to pass that savings on to our owner-customers. |
We change our meters on a regular basis. When the meter was replaced in 2004, there was a zero in the wrong spot, causing the computer reading to be off by a decimal point. |
We need to look at our cash flow annually, and we keep seeing an increase in costs. Water is one place where adjustments need to be made on a fairly regular basis. |