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1 MINUTES SOUTHSIDE ELECTRIC COOPERATIVE MEETING OF THE BOARD OF DIRECTORS OCTOBER 17, 2019 @ 1:30 P.M. HEADQUARTERS BOARD ROOM PRESENT: Frank W. Bacon (Chair) Earl C. Currin, Jr. (Vice Chair) Paul S. Bennett (Secretary) Charles J. Friedl (Treasurer) Brenda H. Johnson Kristie Martin-Wallace Clive C. Pettis, Sr. Sarah W. Sanders William T. White Frank F. Rennie (General Counsel) Christine Marston (Minute Taker) STAFF: Bradley V. Furr, VP of Operations George A. Felts, VP of Engineering Jason Loehr, VP of Finance & Corporate Services Jean H. Morris, VP of Human Resources Ronald O. White, VP of Member & Public Relations GUEST: Jacob McCann, Director of HR Joshua Wells, Director of Technical Services Jonny Hester, Supervisor of Operations Services Dr. Frank Bacon presided, and Jacob McCann gave the invocation. PREVIOUS MINUTES On motion made and seconded: The Minutes of the September 17, 2019 Board Meeting, 2019 Annual Meeting and 2019 Reorganizational Meeting are approved. MOTION CARRIED ODEC REPORT The ODEC report was given by Earl Currin. PRESIDENT/CEO’S REPORT 1. The SEC Financial and Statistical report for September 2019 was reviewed and is attached to and made a part of the Minutes.

MINUTES SOUTHSIDE ELECTRIC COOPERATIVE ... Minutes/October...Penske reporting f. 2020 budget fleet replacement will be made upon Penske recommendation, district operation supervisors,

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Page 1: MINUTES SOUTHSIDE ELECTRIC COOPERATIVE ... Minutes/October...Penske reporting f. 2020 budget fleet replacement will be made upon Penske recommendation, district operation supervisors,

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MINUTES SOUTHSIDE ELECTRIC COOPERATIVE

MEETING OF THE BOARD OF DIRECTORS OCTOBER 17, 2019 @ 1:30 P.M. HEADQUARTERS BOARD ROOM

PRESENT: Frank W. Bacon (Chair) Earl C. Currin, Jr. (Vice Chair) Paul S. Bennett (Secretary) Charles J. Friedl (Treasurer) Brenda H. Johnson

Kristie Martin-Wallace Clive C. Pettis, Sr. Sarah W. Sanders William T. White Frank F. Rennie (General Counsel) Christine Marston (Minute Taker)

STAFF: Bradley V. Furr, VP of Operations George A. Felts, VP of Engineering

Jason Loehr, VP of Finance & Corporate Services Jean H. Morris, VP of Human Resources Ronald O. White, VP of Member & Public Relations GUEST: Jacob McCann, Director of HR

Joshua Wells, Director of Technical Services Jonny Hester, Supervisor of Operations Services

Dr. Frank Bacon presided, and Jacob McCann gave the invocation.

PREVIOUS MINUTES On motion made and seconded:

The Minutes of the September 17, 2019 Board Meeting, 2019 Annual Meeting and 2019 Reorganizational Meeting are approved.

MOTION CARRIED ODEC REPORT

The ODEC report was given by Earl Currin.

PRESIDENT/CEO’S REPORT 1. The SEC Financial and Statistical report for September 2019 was reviewed and

is attached to and made a part of the Minutes.

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2. Capital Credit retirements will begin in the latter part of November to the first part of December 2019.

3. The Board was provided information regarding cybersecurity events during the month of September 2019.

4. The Institute of Electrical & Electronics Engineers (IEEE) outage data and safety report for September 2019 were reviewed in detail: IEEE Outage Data

a. System Average Interruption Duration Index (SAIDI) and System Average Interruption Frequency Index (SAIFI) were below historical values for the month.

b. Customer Average Interruption Duration Index (CAIDI) was above historical value for the month.

c. There were no power supply outages during the month. d. Dominion Power (DE) had one momentary supply outage during the

month at Evergreen substation due to an unidentified cause. e. There were no Major Event days in September. f. Weather remained calm throughout September with limited impact on the

system. g. Received a check from the Virginia Department of Emergency

Management as a partial reimbursement of expenses related to Hurricane Michael.

Safety Report a. There were no lost-time injuries in September. b. As of September 30th, employees have worked 518 days without a lost

time injury. 5. 2020 – 2022 Underground Locating Bid:

a. Bid was prepared and managed by SEC personnel b. A pre-bid meeting was held with five contractors c. Bid documents were provided with a 30-day Q&A period d. Bids were received on August 30th e. Bids were evaluated on historical number of marked/clear tickets for three

years f. United States Infrastructure Company (USIC) submitted the lowest bid at

$339,435 g. Locating expense will be presented in each annual budget for 2020 –

2022 based on this contract result

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6. Operations Update: a. New service activity was up 4.5% for the month. b. Outage activity (minutes) with major event days removed were in line with

historical data: Central – 69 Eastern – 27 Northern – 23 Western – 56

c. September outage causes were affected primarily by isolated thunderstorms producing damaging winds and lightning:

Trees 35% or 62 outages; YTD 1,508 outages Unknown 14% or 25 outages; YTD 236 outages Weather 13% or 22 outages; YTD 607 outages Animals 13% or 22 outages; YTD 204 outages Fault/Failure 11% or 19 outages; YTD 296 outages Public 9% or 16 outages; YTD 166 outages Maintenance/Planned 5% or 8 outages; YTD 90 outages Other <0.1% or 1 outage; YTD 5 outages Decay/Age 0% or 0 outages; YTD 82 outages Power Supply 0% or 0 outages; YTD 7 outages

d. Tree related outages from 2014 through September year-to-date with Major Event Days:

2014 = 870 outages 2015 = 1,066 outages 2016 = 1,025 outages 2017 = 1,029 outages 2018 = 2,314 outages 2019 = 1,508 outages

e. Outages by District: Central 14% (69 outages affecting 1,826 members) Eastern 4% (27 outages affecting 933 members) Northern 7% (23 outages affecting 341 members) Western 11% (56 outages affecting 2,503 members)

f. September SAIDI switching savings: Realized 10.2 minutes (92%) Saved by automation (SCADA) switching 0.9 minutes (8%) Saved by manual switching 0.0 minutes (0%)

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g. SAIDI per District: Central 4.20 minutes in September; YTD 75.4 minutes Eastern 1.41 minutes in September; YTD 46.8 minutes Northern 0.58 minutes in September; YTD 21.0 minutes Western 4.05 minutes in September; YTD 92.1 minutes

h. SAIFI per District: Central 0.026 events in September; YTD 0.63 events Eastern 0.014 events in September; YTD 0.38 events Northern 0.006 events in September; YTD 0.28 events Western 0.035 events in September; YTD 0.67 events

i. CAIDI per District: Central 164 minutes in September Eastern 104 minutes in September Northern 99 minutes in September Western 117 minutes in September

7. SEC Fleet Assessment: a. Fleet history:

Penske began working in November 2018 Expectations:

- Three full-time mechanics - Structured schedule - Discount on parts, up to 10% - Fleet insight portal

b. SEC reorganization with fleet management under Jonny Hester in August 2019

c. Findings: 46 vehicles with expired registrations (30 January or older) 6 vehicles not specified on insurance Penske issues:

- No schedule - No access or reporting from SEC

Sales Tax paid twice for new service buckets ($24,000) Fueling issues (using retired units)

d. Penske moving forward: Structured schedule Weekly update calls Fleet insight portal training

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e. 10-year vehicle replacement considerations: Age Mileage Hours Maintenance costs Penske reporting

f. 2020 budget fleet replacement will be made upon Penske recommendation, district operation supervisors, employee input and manufacturer diversification.

g. Fixed cost assumption adjustments: Projected Actual

1.3% inflation for Penske labor 1.5% inflation for Penske labor Reducing subcontractor labor

by 66% Reduced subcontractor labor

by 22% Linemen labor decreased to

0% using Penske Linemen labor increased 16%

using Penske Penske fixed cost at $32,600

per month Penske fixed cost $33.463.90

per month

h. An adjustment of $5,800 per month has been added to fleet maintenance cost

i. Subcontractor labor has increased due to: Penske’s inability to perform repairs on aerial booms Penske’s unfamiliarity of trenchers Towing for western district repairs

j. Penske’s monthly expense in March and June were elevated due to clerical errors, linemen labor and subcontractor costs.

k. Annual fleet expense is up slightly YTD $849,143.03 as compared to 2018 year end $887,166.29

8. Annual Meeting Review: a. Successful event b. Total proxies received: 1,824 c. Members registered by 10:30 a.m. cut-off: 640 d. Additional members registered before to noon: 90 e. Total Members registered: 730 f. Health Fair: 690 g. Flu Shots: 148 h. Barbecued chicken lunches distributed: 2,600

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9. Southside Opportunity Fund (SOF) Skeet & Trap Shoot: a. Held October 4, 2019 b. 9 teams c. 39 sponsors d. 34 prize donors e. Expected to net $14,200 for scholarships f. 2020 shoot set for Friday, October 9th

10. 2019 Truckers Parade Against Cancer: a. Held October 12th at Randolph-Henry High/Central Middle Schools in

Charlotte Court House b. SEC was a t-shirt sponsor c. Three SEC trucks participated in the parade d. Event raised almost $1.1 million for the American Cancer Society

11. 2020 Almanac calendars will be available in November 2019 for distribution 12. SEC Christmas Banquet scheduled for December 6th with SOF Silent Auction 13. Town of Blackstone meeting at the Cooperative on October 16th:

a. Blackstone officials contacted the State Corporation Commission (SCC) regarding providing power to property located in the town but served by SEC

b. SCC contacted the Cooperative and requested that a meeting be scheduled with town officials to discuss possible solutions

c. SEC’s Terms & Conditions will be used regarding line extensions d. Blackstone has requested that SEC sell power to them and allow them to

serve the property e. Secondary power supply is not an option as the Cooperative has already

used is 5% contract option with ODEC f. Discussed other technology that could possibly be used to reduce costs;

i.e. phase converters g. Member would have to purchase and manage phase converters h. The member would be required to tender a load letter in order for SEC to

provide any options/estimates i. Once the load letter is received the Cooperative will develop what the

energy consumption and demand will be to cover the cost of supply energy

14. Center Star Transmission Project: a. SEC will abandon the transmission project

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b. Easements obtained will be held on to for future use; $620,000 invested in easements

c. Expenses of $700,000 will be written off d. Delivery will be moved back to the 35kV Dominion Energy delivery point

NEW BUSINESS 1. 2020 Health Insurance Program renewal:

a. Anthem renewal decreased 5.0% for medical premiums and 3.9% in total costs for the three parts (medical, HSA & HRA).

b. Employee premium cost-sharing will remain in effect: Employees requesting Healthkeepers

- SEC will pay 95% of family premium - Employee will pay 5% of family premium

Employees requesting Keycare will need to pay the difference for the buy up

c. HSA with employer contribution: $1,750 for single $3,000 for family

d. HRA will be funded on the back end, only when an employee exceeds deductibles (15% utilization rates).

e. Total projected cost (health insurance, HSA & HRA) is $2.1 million; a 3.9% or $83,000 decrease in total costs.

f. Proposed addition to the Cooperatives 2020 benefit package: LifeLock Identity Alert System monitors for fraudulent use of

employee’s personal information in applications for credit and services

Checking and savings account monitoring and alerts 401K and investment account activity alerts Credit reports and monitoring Access to Norton security features (computer/device protection)

g. Approximate cost for identity theft coverage funded by SEC is $10,514 ($6.49 per employee per month)

On motion made and seconded: The health plan benefits will be renewed through Optima with the addition of LifeLock Identity Theft protection as presented.

MOTION CARRIED 2. The Affirmative Action Program (AAP):

a. As a federal contractor, SEC is subject to the nondiscrimination and affirmative action obligations of Executive Order 11246, as amended;

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General FundCash in Banks 7,825,740.07

General Funds Invested CFC - CTC's 2,115,131.78 CFC - Patronage Capital 2,949,022.91 Federated Insurance Corporation 461,679.00 TEC Trading Incorporated 622,500.00 Town of Hurt 1,000.00

Notes and Accounts Receivable Electric Consumer 8,346,077.16 Other Accounts Receivable 7,540,221.11

29,861,372.03 Material and Supplies in Stock 1,985,116.37

Construction Work in Progress to be Paid from Construction Funds 0.00

TOTAL 31,846,488.40

Construction Funds Available First Citizens Bank 0.00

CFC RUS & FFB COBANK

Balance Available for Advance 28,000,000.00

Gross Obligations 54,078,822.51 146,411,252.37 14,032,450.50 0.00

Interest Paid This Year 1,983,447.14 3,074,455.01 415,394.08 0.00

NOTES STATISTICS

STATEMENT OF GENERAL FUNDS AND OTHER ASSETSSeptember 30, 2019

CFC, COBANK & FIRST CITIZENS BANK

Page 1 of 6

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Comparative Operating Statistics

492 575 621,826 1,728 1991,570 1,517 1633,638 3,913 3,913

174 34 156,542 56,931 56,931

8,286 8,330 8,330

Meters Installed - New Services

2014 2015 2016 2017 2018 2019January 28 45 49 38 52 83February 25 37 33 50 52 48March 27 44 53 59 41 66April 42 47 44 62 52 55May 41 54 37 59 52 72June 58 46 67 69 54 42July 50 60 53 57 67 79August 76 72 69 57 72 68September 45 53 43 46 50 62October 54 53 62 61 47November 48 41 70 52 45December 56 45 39 44 32Total 550 597 619 654 616 575

Southside Electric CooperativeFor the Month Ending September 2019

New Services ConnectedMeters RemovedMeters Reinstalled

Y-T-D 2019

Services Idle, Excluding SeasonalNumber of Services RetiredTotal Consumers Receiving ServiceTotal Miles Energized

Y-T-D 2018

September 2019

Page 2 of 6

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SOUTHSIDE ELECTRIC COOPERATIVE Revision: 100216

General LedgerFinancial And Operating Report Electric Distribution

Page: 111:50:45 am10/11/2019

Item Last Year This Year

----------------------------------Year - To - Date -------------------------------

Budget Current------------- Period - To - Date -----------------

Budget

INCOME STATEMENT FOR SEP 2019

90,792,096.28 94,769,485.37 93,449,542.30 9,894,800.08 8,952,832.38 1. Operating Revenue and Patronage Capital0.00 0.00 0.00 0.00 0.00 2. Power Production Expense

51,272,423.62 57,589,580.29 57,475,206.12 5,969,564.08 5,482,828.42 3. Cost of Purchased Power58,897.66 30,515.38 36,603.00 1,039.24 4,067.00 4. Transmission Expense

0.00 0.00 0.00 0.00 0.00 5. Regional Market Expense2,736,507.23 3,212,560.75 3,448,750.25 330,602.38 380,770.25 6. Distribution Expense - Operation8,066,795.66 8,232,331.25 8,179,463.43 754,795.80 957,680.85 7. Distribution Expense - Maintenance1,653,636.85 1,800,346.58 1,813,440.37 173,926.13 193,030.53 8. Customer Accounts Expense1,987,423.28 2,152,535.76 2,101,636.10 226,709.05 231,212.20 9. Customer Service and Informational Expense

409,246.38 367,072.95 394,543.53 92,218.82 43,838.1710. Sales Expense4,264,785.31 4,216,175.95 4,334,699.70 483,397.92 541,200.2711. Administrative and General Expense

70,449,715.99 77,601,118.91 77,784,342.50 8,032,253.42 7,834,627.6912. Total Operation & Maintenance Expense (2 thru 11)

8,822,243.78 8,761,202.15 8,866,374.03 978,683.14 985,152.6713. Depreciation & Amortization Expense1,318,527.00 1,275,939.00 1,275,939.00 141,771.00 141,771.0014. Tax Expense - Property & Gross Receipts

0.00 0.00 0.00 0.00 0.0015. Tax Expense - Other5,150,949.84 5,473,296.23 5,485,087.53 542,312.20 609,454.1716. Interest on Long-Term Debt

0.00 0.00 0.00 0.00 0.0017. Interest Charged to Construction - Credit17,856.37 32,670.59 20,250.00 3,674.65 2,250.0018. Interest Expense - Other62,493.34 169,911.63 56,250.00 9,008.17 6,250.0019. Other Deductions

85,821,786.32 93,314,138.51 93,488,243.06 9,707,702.58 9,579,505.5320. Total Cost of Electric Service (12 thru 19)

4,970,309.96 1,455,346.86 -38,700.76 187,097.50 -626,673.1521. Patronage Capital & Operating Margins (1 minus 20)96,732.11 102,082.78 94,275.00 10,679.16 10,475.0022. Non Operating Margins - Interest

0.00 0.00 0.00 0.00 0.0023. Allowance for Funds Used During Construction0.00 0.00 0.00 0.00 0.0024. Income (Loss) from Equity Investments

-7,124.24 -8,293.40 -8,249.94 -1,476.24 -916.6625. Non Operating Margins - Other540,000.00 532,573.97 524,999.97 58,333.33 58,333.3326. Generation and Transmission Capital Credits669,664.82 597,958.27 595,000.00 277,252.20 250,000.0027. Other Capital Credits and Patronage Dividends

0.00 0.00 0.00 0.00 0.0028. Extraordinary Items6,269,582.65 2,679,668.48 1,167,324.27 531,885.95 -308,781.4829. Patronage Capital or Margins (21 thru 28)

6,269,582.65 2,679,668.48 1,167,324.27 531,885.95 -308,781.48Operating - Margin0.00 0.00 0.00 0.00 0.00Non Operating - Margin1.96 1.27Times Interest Earned Ratio - Operating2.22 1.49Times Interest Earned Ratio - Net1.98 1.28Times Interest Earned Ratio - Modified

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General LedgerFinancial And Operating Report Electric Distribution

Page: 111:50:46 am10/11/2019

Revision: 100216SOUTHSIDE ELECTRIC COOPERATIVE

This YearLast Year Variance

BALANCE SHEET FOR SEP 2019

ASSETS AND OTHER DEBITS 1. Total Utility Plant in Service 368,810,028.28 4,541,078.05364,268,950.23 2. Construction Work in Progress 6,697,642.40 756,240.535,941,401.87 3. Total Utility Plant (1 + 2) 375,507,670.68 5,297,318.58370,210,352.10 4. Accum. Provision for Depreciation and Amort. 125,275,121.07 8,942,240.09116,332,880.98 5. Net Utility Plant (3 - 4) 250,232,549.61 -3,644,921.51253,877,471.12 6. Non-Utility Property (Net) 20,241.26 -3,801.3424,042.60 7. Invest. in Subsidiary Companies 0.00 0.000.00 8. Invest. in Assoc. Org. - Patronage Capital 49,542,121.27 1,344,373.8748,197,747.40 9. Invest. in Assoc. Org. - Other - General Funds 2,577,810.78 -980.072,578,790.85 10. Invest. in Assoc. Org. - Other - Nongeneral Funds 0.00 0.000.00 11. Invest. in Economic Development Projects 0.00 0.000.00 12. Other Investments 705,107.85 7,920.26697,187.59 13. Special Funds 0.00 0.000.00 14. Total Other Property & Investments (6 thru 13) 52,845,281.16 1,347,512.7251,497,768.44 15. Cash - General Funds 7,825,740.07 2,181,017.135,644,722.94 16. Cash - Construction Funds - Trustee 0.00 0.000.00 17. Special Deposits 0.00 0.000.00 18. Temporary Investments 0.00 0.000.00 19. Notes Receivable (Net) 28,489.41 -7,370.5735,859.98 20. Accounts Receivable - Sales of Energy (Net) 8,346,077.16 -718,498.899,064,576.05 21. Accounts Receivable - Other (Net) 7,540,221.11 2,854,939.784,685,281.33 22. Renewable Energy Credits 0.00 0.000.00 23. Material and Supplies - Electric & Other 1,985,116.37 -229,969.612,215,085.98 24. Prepayments 1,067,540.07 51,996.341,015,543.73 25. Other Current and Accrued Assets 5,988,118.22 271,717.335,716,400.89 26. Total Current and Accrued Assets (15 thru 25) 32,781,302.41 4,403,831.5128,377,470.90 27. Regulatory Assets 0.00 0.000.00 28. Other Deferred Debits 2,860,089.07 -878,357.353,738,446.42 29. Total Assets and Other Debits (5 + 14 + 26 thru 28) 338,719,222.25 1,228,065.37337,491,156.88

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General LedgerFinancial And Operating Report Electric Distribution

Page: 211:50:46 am10/11/2019

Revision: 100216SOUTHSIDE ELECTRIC COOPERATIVE

This YearLast Year Variance

BALANCE SHEET FOR SEP 2019

LIABILITIES AND OTHER CREDITS 30. Memberships 234,380.00 1,015.00233,365.00 31. Patronage Capital 105,465,889.66 2,515,944.28102,949,945.38 32. Operating Margins - Prior Years 0.00 0.000.00 33. Operating Margins - Current Year 2,679,668.48 -3,589,914.176,269,582.65 34. Non-Operating Margins 0.00 0.000.00 35. Other Margins and Equities 1,426,737.74 199,358.451,227,379.29 36. Total Margins & Equities (30 thru 35) 109,806,675.88 -873,596.44110,680,272.32 37. Long-Term Debt - RUS (Net) 0.00 0.000.00 38. Long-Term Debt - FFB - RUS Guaranteed 142,686,215.37 16,360,608.40126,325,606.97 39. Long-Term Debt - Other - RUS Guaranteed 0.00 0.000.00 40. Long-Term Debt - Other (Net) 62,754,086.01 -6,205,252.5668,959,338.57 41. Long-Term Debt - RUS Econ. Devel. (Net) 0.00 0.000.00 42. Payments - Unapplied 0.00 0.000.00 43. Total Long-Term Debt (37 thru 41 - 42) 205,440,301.38 10,155,355.84195,284,945.54 44. Obligations Under Capital Leases - Noncurrent 0.00 0.000.00 45. Accumulated Operating Provisions 28,356.79 -5,324.6533,681.44 46. Total Other Noncurrent Liabilities (44 + 45) 28,356.79 -5,324.6533,681.44 47. Notes Payable 0.00 -9,500,000.009,500,000.00 48. Accounts Payable 7,376,595.56 -128,654.637,505,250.19 49. Consumers Deposits 2,268,574.22 49,895.282,218,678.94 50. Current Maturities Long-Term Debt 9,082,224.00 831,044.008,251,180.00 51. Current Maturities Long-Term Debt - Econ. Devel. 0.00 0.000.00 52. Current Maturities Capital Leases 0.00 0.000.00 53. Other Current and Accrued Liabilities 3,384,875.30 419,435.832,965,439.47 54. Total Current & Accrued Liabilities (47 thru 53) 22,112,269.08 -8,328,279.5230,440,548.60 55. Regulatory Liabilities 0.00 0.000.00 56. Other Deferred Credits 1,331,619.12 279,910.141,051,708.98 57. Total Liab. & Other Credits (36+43+46+54 thru 56) 338,719,222.25 1,228,065.37337,491,156.88

1.480.93Current Assets To Current Liabilities to 1 to 132.80 32.42 % %Margins and Equities To Total Assets

54.7152.75 %Long-Term Debt To Total Utility Plant %

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Statements of Cash Flows 

Southside Electric Cooperative

Period ended Period ended

September 30, 2019 September 30, 2018

Cash flows from operating activities

     Electric revenue received 98,611,401$               93,370,745$              

     Power supply paid (57,632,306)                (53,169,749)               

     Operating expenses paid (25,486,808)                (20,972,977)                 

     Interest received 102,083                       96,732                         

     Interest paid (5,505,966)                   (5,168,806)                  

Cash flows provided by operating activities 10,088,404                  14,155,945                 

Cash flows from investing activities

     Investment in electric plant,net (5,025,622)                   (7,554,894)                  

     Installment loans issued (1,292,014)                   (981,707)                     

     Proceeds from retirement of CTC's 19,642                          18,383                         

Cash flows used in investing activities (6,297,994)                   (8,518,218)

Cash flows from financing activities

     Payments on lines of credit ‐                                (12,000,000)               

     Proceeds from long term debt ‐                                12,900,000                 

     Principal payments on long term debt (6,797,915)                   (6,819,977)                  

     Capital credits paid to members, net (475,017)                      (443,619)                     

     Proceeds from capital credits  331,032                       1,983,248                   

     Deposits collected from customers 66,005                          25,988                         

     Net change in memberships 1,145                            875                              

Cash flows (used) provided by financing activities (6,874,750)                   (4,353,485)

Net change in cash (3,084,340)                   1,284,242

Cash at December 31, 2018 and 2017 10,910,081                  4,360,481                   

Cash at September 30, 2019 and 2018 7,825,741$                  5,644,723$                 

Page 16: MINUTES SOUTHSIDE ELECTRIC COOPERATIVE ... Minutes/October...Penske reporting f. 2020 budget fleet replacement will be made upon Penske recommendation, district operation supervisors,

No. Receiving Service

a.

No. Minimum Bills d.

Avg. No. Receiving Service

e.

kWh Sold Cumulative

f.

Amount Cumulative

g.1. Residential Sales (excl seas.) 54,537 16 54,369 589,511,759 79,769,9132. Residential Sales Seasonal3. Irrigation Sales4. Comm. & Ind 1000 KVA or Less 1,969 11 1,964 43,634,992 5,313,7815. Comm. & Ind Over 1000 KVA 16 0 17 59,076,044 4,561,4176. Public St. & Highway Lighting7. Other Sales to Public Authority 409 0 402 40,890,148 4,259,6638. Sales for Resale - REA Borr.9. Sales for Resale - Other

10.

(1 thru 9) 56,931 27 56,752 733,112,943 93,904,77511. Other Electric Revenue xxxxxxxxxxxx xxxxxxxxxxxx xxxxxxxxxxxx xxxxxxxxxxxx 864,71012. Total (10 + 11) xxxxxxxxxxxx xxxxxxxxxxxx xxxxxxxxxxxx xxxxxxxxxxxx 94,769,485

THIS MONTH a.

THIS MONTH a.

YEAR-TO-DATE b.

1. Net kWh Generated . . . . . . . . 184,737 1,966,0882. kWh Purchased . . . . . . . . . . . 78,557,2143. Interchange kWh - Net . . . . . . 4. Total kWh (1 thru 3) . . . . . . . . 78,557,214 (3.93) 2.95

177,220 270,718January 2019

PART D. CONSUMER SALES AND REVENUE DATA September 2019

CLASS OF SERVICEkWh Sold

b.Amount

c.

22,368,474

63,988,689

5,461,223

PART D. CONSUMER SALES AND REVENUE DATA

6,817,232

8,181,094

xxxxxxxxxxxx

9,800,62394,177

9,894,800xxxxxxxxxxxx81,456,882

507,439

ITEM ITEM

8. Percent System Loss (7/4)x100 . .

YEAR-TO-DATE b.

5. Total kWh - Sold . . . . . . . . . . . . 81,456,8829. Maximum Demand (kW) . . . .

757,447,505

757,447,505

733,112,943 10. Month When Maximum Demand Occurred . . .

6. Office Use . . . . . . . . . . . . . . .7. Total unaccounted For

(4 less 5 & 6), . . . . . . . . . . (3,084,405)

YEAR-TO-DATETHIS MONTH

636,581

5,189,738

475,510

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