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Started wheat harvest finally...
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Posted 12/2/2023 10:46 (#10506492 - in reply to #10505667)
Subject: RE: Started wheat harvest finally...

We have one of the best electric coops in the state, has been very well run for a long time. We’re on a 10 year rotation for retiring capital credits and was almost debt free until the uri disaster 2 years ago. More than 70% of our rate is wholesale power cost. The rest is transmission, repairs, etc. labor costs are a very small portion of rate. It’s all about the price of natty gas.
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