"We've been successful in previous years at forecasting the costs associated with operating and maintaining our system," said Ferrell Walton, PowerSouth Vice President and Chief Financial Officer.
personnel look at each expenditure and forecast item to ensure we're taking advantage of cost savings."
In turn, those savings help make PowerSouth's mission of providing reliable, competitively priced wholesale power to our members a reality.
In the 2013 budget, fuel and purchase power costs make up 56 percent, and fixed costs make up 18 percent of PowerSouth's total cost of electrical service.
"While fuel and purchase power prices in the 2013 budget are up slightly from the 2012 proforma, these costs are lower than our 2012 budget, resulting in a decrease in our energy fuel rate from 41.12 mills to 39.39 mills," said Walton
Finance & Administration