Up and Running at Koloa Substation - Kauai Island Utility Cooperative

Up and Running at Koloa Substation - Kauai Island Utility Cooperative Up and Running at Koloa Substation - Kauai Island Utility Cooperative

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Chief of Operations Mike Yamane and Production’s Russ Santiago man the smart grid Information table. 16 KIUC CURRENTS The business portion of the meeting began at 4:30 and included a report from board Chairman Phil Tacbian, committee reports from board members, a report from President and CEO David Bissell and a financial report from new Vice President and CFO Karissa Jonas. Chairman Tacbian welcomed members, recognized outgoing President Randy Hee, introduced David Bissell as president and CEO, Karissa Jonas as CFO and Michael Yamane as chief of operations. He briefly discussed the board approval of KIUC’s Habitat Conservation Plan and the special election triggered by a member petition earlier this year. Other activities of the board were covered by the respective committee chairs. The president’s report included selected highlights from 2010, including the five­year collective bargaining agreement reached with IBEW; KIUC’s first­ever rate case approval; 4 megawatts of photovoltaic purchased power agreement signed, with 1 MW in service; and the settlement agreement reached with the U.S. Department of Justice on endangered and threatened species. Bissell also provided an overview of 2011 to date, including a 6.7­MW firm biomass PPA signed with Green Energy Team; the hydropower assessment under way, discussing both member support for continuation of the assessment and continued stakeholder and member outreach; a signed 6 MW A&B PV PPA and additional 10 MW of PV under PPA and 20 MW more under development or negotiation. He also noted the first battery energy storage system (currently in operation), and plans for purchase of two additional 1.5­MW batteries.

Bissell completed his report with a focus on 2012, beginning with continued hydropower assessment, smart meter installation, integration of PV and continued endangered species mitigation support. He closed with a promise to continue strenuous community outreach. After a financial report from CFO Karissa Jonas (available at www.kiuc.coop), the floor was opened for questions. When rural electric utilities were first formed in the 1930s, there often were many miles between homes and electrical lines. When annual meetings were held, some members traveled long distances to take part. It often was the first time in months they had seen some of their distant neighbors. In the co­op tradition of the past 70­plus years, neighbors joined neighbors and KIUC board, management and staff to enjoy a late afternoon of food, fun and information. All helped to create an annual meeting that was more than just a presentation of numbers and forecasts, but a discussion of how we look forward to our next 10 years—to another decade of learning, sharing and moving ahead with an emphasis on attention to members, workforce excellence, diverse energy solutions, reliability and financial stability. The Okayamas make it a family affair. From left, Kelli, husband Dean, Lynda­­who is in accounting at KIUC­­and Jared. Paul Daniels from Energy Services mans the CFL table, where he shares information with board member emeritus, Judge Al Laureta. DECEMBER 2011 17

Bissell completed his report with a focus on<br />

2012, beginning with continued hydropower<br />

assessment, smart meter install<strong>at</strong>ion, integr<strong>at</strong>ion<br />

of PV <strong>and</strong> continued endangered species<br />

mitig<strong>at</strong>ion support. He closed with a promise to<br />

continue strenuous community outreach.<br />

After a financial report from CFO Karissa Jonas<br />

(available <strong>at</strong> www.kiuc.coop), the floor was<br />

opened for questions.<br />

When rural electric utilities were first formed in<br />

the 1930s, there often were many miles between<br />

homes <strong>and</strong> electrical lines. When annual meetings<br />

were held, some members traveled long distances<br />

to take part. It often was the first time in months<br />

they had seen some of their distant neighbors.<br />

In the co­op tradition of the past 70­plus years,<br />

neighbors joined neighbors <strong>and</strong> KIUC board,<br />

management <strong>and</strong> staff to enjoy a l<strong>at</strong>e afternoon of<br />

food, fun <strong>and</strong> inform<strong>at</strong>ion. All helped to cre<strong>at</strong>e an<br />

annual meeting th<strong>at</strong> was more than just a<br />

present<strong>at</strong>ion of numbers <strong>and</strong> forecasts, but a<br />

discussion of how we look forward to our next 10<br />

years—to another decade of learning, sharing <strong>and</strong><br />

moving ahead with an emphasis on <strong>at</strong>tention to<br />

members, workforce excellence, diverse energy<br />

solutions, reliability <strong>and</strong> financial stability.<br />

The Okayamas make it a family affair. From left, Kelli, husb<strong>and</strong><br />

Dean, Lynda­­who is in accounting <strong>at</strong> KIUC­­<strong>and</strong> Jared.<br />

Paul Daniels from Energy<br />

Services mans the CFL<br />

table, where he shares<br />

inform<strong>at</strong>ion with board<br />

member emeritus,<br />

Judge Al Laureta.<br />

DECEMBER 2011 17

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