Archive for OPALCO News: Board

OPALCO Board Approves 2016 Budget and Rates

Monday, November 30th, 2015

OPALCO’s Board of Directors has approved the 2016 budget with measures in place to keep our Co-op financially healthy, following two years of declining energy sales. Members’ bills will go up by an average of 5% beginning in January and a new Energy Assistance Program will provide a monthly discount to qualified households. The full… READ MORE »

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Board Perspective on Rates and Finance

Wednesday, October 14th, 2015

Board Perspective on Rates and Finance Jim Lett, Board President September 9, 2015 Dear Co-op Members: The following thoughtful analysis of OPALCO’s rates and revenue situation was initiated by our Shaw Island board member, Dr. Jerry Whitfield, who brings significant expertise in business and financial matters. This letter has been reviewed and edited by the… READ MORE »

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Mark Madsen Appointed to OPALCO Board to Fill Vacancy

Friday, September 25th, 2015

The Orcas Power & Light Cooperative (OPALCO) Board of Directors has appointed Mark Madsen of Friday Harbor to fill the District 1 board position vacated by Glenna Hall. Hall stepped down due to health issues in September. Madsen will have the option to run for election as an incumbent in 2017. “Mark’s expertise in the… READ MORE »

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Health Issues Cause OPALCO Board Member to Step Down

Wednesday, August 26th, 2015

OPALCO Board Member Glenna Hall has announced her resignation due to health issues. Hall represents District 1 (San Juan, Brown, Henry, Pearl and Spieden islands). The Board will appoint a new board member to fill the vacancy until Hall’s term is up in 2017, in accordance with our bylaws (Article III, Section 4). “I want to… READ MORE »

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2015 Election and Annual Meeting Results

Sunday, May 3rd, 2015

ADAMS AND CORNELIUS WIN OPALCO ELECTION, RECORD VOTER TURNOUT, BYLAW AMENDMENT VOTED DOWN OPALCO members boarded the ferry on Saturday for the 2015 Annual Meeting and Board of Directors’ election after the Co-op received a record 2,758 total ballots (2,687 absentee, plus 71 on the ferry) representing 24% of the membership. The successful candidates were incumbent… READ MORE »

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RATES AND REVENUE STABILITY FOR SUSTAINABILITY

Tuesday, March 31st, 2015

Despite real hardships across the membership, this rate structure is the right thing to do for our Co-op The rate increase took effect in February and we are fielding questions and hearing about concerns from our membership. The rate increase is necessary to maintain the financial health of our cooperative during a time that OPALCO… READ MORE »

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