2008 - Kauai Island Utility Cooperative
2008 - Kauai Island Utility Cooperative
2008 - Kauai Island Utility Cooperative
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KIUC Nominating Committee Selects Candidates<br />
FOR IMMEDIATE RELEASE<br />
1/21/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 1/xx/08 - In accordance with KIUC's bylaws, an appointed Nominating<br />
Committee made nominations of individuals to run for three director positions on the nine-<br />
member Board. Chaired by KIUC board member Alfred Laureta, the Nominating Committee<br />
members, Michael Murakoshi, Mark Ozaki, Linda Salvador and Michael Tresler have<br />
recommended the following individuals: Dennis M. Esaki, Teofilo Phil Tacbian and Peter<br />
Yukimura, all of whom currently serve on KIUC’s Board of Directors. Each will be on March’s<br />
ballot.<br />
A director is one of nine elected representatives of the members of KIUC who collectively<br />
constitute the Board of Directors. The Board of Directors governs the business and affairs of<br />
KIUC but is generally concerned with the broad courses of action to be followed by the utility.<br />
The Board is not involved in the day-to-day operations of the utility.<br />
Qualified KIUC Members may also be nominated by collecting 35 signatures of other members<br />
(electric account holders) in good standing and submitting a completed Member Petition to the<br />
Nominating Committee no later than 4 p.m. on Monday, February 11, <strong>2008</strong>. All candidates with<br />
valid petitions who have completed the Director’s Orientation will be placed on the ballot for the<br />
March 22, <strong>2008</strong> election. If you have questions or would like additional information please go to<br />
www.kiuc.coop or contact KIUC’s election hotline at 246-4378.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
<strong>2008</strong> Board of Directors Election Candidates<br />
FOR IMMEDIATE RELEASE<br />
2/12/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 2/12/08 - KIUC has confirmed the candidates for its Board of Directors<br />
Election on March 22, <strong>2008</strong>.<br />
Members who submitted petitions and will be on the ballot are: Thomas C. Ellis, Ken Stokes<br />
and Ben Sullivan. These members will join candidates Dennis M. Esaki, Teofilo Phil Tacbian<br />
and Peter Yukimura, who were nominated by the Nominating Committee in early January.<br />
A director is one of nine elected representatives of the members of KIUC who collectively<br />
constitute the Board of Directors. The Board of Directors governs the business and affairs of<br />
KIUC but is generally concerned with the broad courses of action to be followed by the utility.<br />
The Board is not involved in the day-to-day operations of the utility.<br />
Members should look for their ballot in the mail in late February. If you have questions or<br />
would like additional information please go to www.kiuc.coop or contact KIUC’s election<br />
hotline at 246-4378.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC Board of Directors Election Ballot Deadline<br />
FOR IMMEDIATE RELEASE<br />
3/20/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 3/20/08 - The deadline to return ballots for the <strong>2008</strong> Board of Directors<br />
Election is Saturday, March 22 at noon to the KIUC office in Lihue.<br />
KIUC offices will be closed on Friday, March 21 in observance of Good Friday but members<br />
may drop off ballots at the office in the night depository, located outside the front entrance of the<br />
Lihue office. The depository will be checked at noon on Saturday to ensure all returned ballots<br />
are counted.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
Official Results of <strong>2008</strong> KIUC Board of Directors Election<br />
FOR IMMEDIATE RELEASE<br />
3/22/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 3/22/08 - Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong> announces that Dennis M. Esaki,<br />
Teofilo Phil Tacbian and Peter Yukimura have been re-elected to KIUC’s Board of Directors.<br />
The official results of the <strong>2008</strong> Board of Directors Election are as follows:<br />
1. Peter Yukimura 3,933<br />
2. Dennis M. Esaki 3,851<br />
3. Teofilo Phil Tacbian 3,238<br />
In this election, KIUC received 7,341 ballots. In the 2007 election, 7,191 ballots were returned.<br />
KIUC Management and Omaha based Election Systems & Software, Inc., announced the official<br />
tally this evening.<br />
The elected board members will be inaugurated on Tuesday, March 25 in the KIUC Main<br />
Conference room, located at 4463 Pahe`e Street in Lihue. Following the inauguration, the board<br />
will hold its first meeting of the seventh Board of Directors at 1:30 p.m.<br />
A director is one of nine elected representatives of the members of KIUC who collectively<br />
constitute the Board of Directors. The board governs the business and affairs of KIUC and is<br />
generally concerned with the broad courses of action to be followed by the utility and is not<br />
involved in the day-to-day utility operations.<br />
Attachment: <strong>2008</strong>_election_final_report.pdf<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
SUMMARY REPORT <strong>2008</strong> BOD Election<br />
ZERO TOTALS<br />
<strong>Kauai</strong> <strong>Island</strong> <strong>Utility</strong><br />
March 22. <strong>2008</strong><br />
Co-op<br />
Run Date:03/22/08 03:43 PM<br />
PRECINCTS COUNTED (OF 1)<br />
REGISTERED VOTERS -TOTAL<br />
BALLOTS CAST -TOTAL. .<br />
VOTER TURNOUT -TOTAL.<br />
Board of Directors KIUC<br />
Vote for Not More Than 3<br />
YUKIMURA, Peter.<br />
ESAKI, Dennis M. .<br />
TACBIAN, Teofilo Phil<br />
SULLIVAN, Ben.<br />
STOKES, Ken.<br />
ELLIS, Thomas C. .<br />
Over Votes.<br />
Under Votes.<br />
VOTES PERCENT<br />
1 100.00<br />
24.117<br />
7.341<br />
30.44<br />
3.933<br />
3.851<br />
3.238<br />
3.116<br />
3.046<br />
2.856<br />
24<br />
1.959<br />
19. .63<br />
19. .22.16<br />
16.<br />
15. .55<br />
15. .20<br />
14. ,25
Laureta Resigns from KIUC Board of Directors<br />
FOR IMMEDIATE RELEASE<br />
4/3/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 4/3/08 - After serving for two years, Board Member, Alfred Laureta. tendered his<br />
resignation effective April 30, <strong>2008</strong>, citing personal reasons and a desire to devote more time to his<br />
family.<br />
“His experience and knowledge as a federal judge helped him earn the trust and respect of Board and<br />
Staff early in his tenure; he was a great addition to our Board,” said Dennis Esaki, Chairman of the Board<br />
of Directors, and friend. “He was very instrumental in our strategic planning process and in his role as<br />
Chairman of the Policy committee, leading the Co-op to lasting administrative policy.”<br />
Director Laureta was also an active member of the Member Relations Committee where he helped staff<br />
meet the challenges of better member relations during a difficult time.<br />
“I have enjoyed every bit of being a KIUC Director and I am confident that the Board, our CEO<br />
and Staff will continue working together to fulfill KIUC's mission,” Laureta wrote in his letter to<br />
Esaki and CEO Randy Hee.<br />
“He was an active and objective member of our KIUC `Ohana,” said Hee. “Staff will miss him.”<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
FOR IMMEDIATE REALEASE<br />
5/21/08<br />
KIUC Board Member Kawakami Resigns to Pursue County Council Seat<br />
Contact:<br />
Anne Barnes<br />
808.246.4383<br />
abarnes@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 5/21/08 - After serving for two years, Derek Kawakami has tendered his<br />
resignation from <strong>Kauai</strong> <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong>'s Board of Directors, effective May 20, <strong>2008</strong>.<br />
Kawakami stated in a written letter that he will pursue a seat on the <strong>Kauai</strong> County Council and<br />
foresees time constraints that may hinder board service.<br />
“While my passion for the membership and the island’s energy resource is fervent and evident in our<br />
past accomplishments; my passion for the greater good of our island at this critical point has given me<br />
an overwhelming desire to serve our island on a broader scale,” said Kawakami.<br />
"Director 'the Prodigy' Kawakami has proved to be a moving force on the board at KIUC. He came<br />
in with an open mind and is a quick learner," said Dennis Esaki, chairman of the board of directors,<br />
and friend. "He fights for what he believes is right, or as he always said what is 'pono'. Although his<br />
loss will be felt on the KIUC board, I am sure that Derek will continue to be a leader in our<br />
community," Esaki concluded.<br />
Director Kawakami served the KIUC membership as Chairman of the Strategic Planning Committee,<br />
playing a key role in the collaborative effort to establish a 15-year Strategic Plan, which looks to<br />
ensure reliable power, fair rates and sustainable energy. He also served as Second Vice Chair and<br />
member of the Executive Committee, and as a member of the Government Relations/Legislative<br />
Affairs Committee.<br />
"Derek Kawakami served KIUC’s members and employees well as a Director of our co-op. He will<br />
be missed as a board member but we expect he will always be involved in our cooperative. We wish<br />
him well in his campaign for a County Council seat," said Randy Hee, KIUC president and CEO.<br />
###
FOR RELEASE ON JUNE 1, <strong>2008</strong><br />
5/29/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
KIUC Patronage Capital Refunds Totaling $3 Million to Begin Arriving Next Week<br />
Lihue, <strong>Kauai</strong>, HI - 5/29/08 – After receiving approval from the Rural Utilities Service (RUS)<br />
earlier this month, Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong> and the Board of Directors began making<br />
arrangements to disburse checks and account information to the membership totaling $3 million;<br />
25 percent of the $12 million in margins generated by KIUC in 2007.<br />
Checks will be issued for refunds totaling $10 or more. If the amount is less than $10 and the<br />
member has an active account, the amount will be credited to the member’s account. If the<br />
refund amount is less than $10 and the account is inactive, the amount will remain in the<br />
member’s patronage account until the cumulative refund amount is $10 or more. For an average<br />
residential account that consumed about 500 kilowatt hours per month, the average refund check<br />
will be approximately $35.<br />
Members can expect refunds to begin arriving next week.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • 808.246.4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC Youth Tour Begins<br />
FOR IMMEDIATE RELEASE<br />
6/10/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 6/10/08 - Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong> <strong>2008</strong> youth tour winners<br />
Jessika-lyn Garcia of Kamehameha Schools – Kapalama Campus, Dustin Valdez of Kapaa<br />
High, Rachel Anne Wright of Waimea High and Elisabeth Young of <strong>Kauai</strong> High left tonight for<br />
the National Rural Electric <strong>Cooperative</strong> Association’s Youth Tour. KIUC President & CEO<br />
Randall Hee met the students at the airport to see them off.<br />
The Rural Electric Youth Tour brings more than 1,400 high school students to Washington,<br />
D.C., every year since the late 1950s. To date, more than 40,000 students from rural areas and<br />
small towns all over America have participated in this unique program.<br />
Students on the tour learn about electric cooperatives, American history and U.S. government.<br />
They attend educational seminars, visit with their representatives in the House and the Senate,<br />
and see the sights around Washington, D.C.<br />
The students were chosen by their high schools and were interviewed by a panel comprised of a<br />
KIUC board member, a KIUC employee and a member of the co-op.<br />
Photos of the students during their tour of Washington, D.C. can be found at the NRECA’s Youth Tour<br />
website at http://photos.youthtour.org. For more information on the Youth Tour, please visit<br />
www.youthtour.coop.<br />
###<br />
Photo from left: Jessika-lyn Garcia, Dustin Valdez, KIUC President & CEO Randy Hee, Rachel<br />
Anne Wright and Elisabeth Young<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC to Begin Rebuild of Lydgate Substation<br />
FOR IMMEDIATE RELEASE<br />
8/13/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI - 8/13/08 - KIUC will begin the rebuild of the Lydgate Substation next week.<br />
Lydgate Substation which serves portions of Wailua and Kapa`a, has suffered from the corrosive<br />
effects of salt laden on-shore trade winds and it is time to rebuild the station. The Lydgate<br />
Substation is being built to minimize the effects of the corrosive environment and will include<br />
increased capacity to handle future growth in the area. Existing loads are being transferred to<br />
Kapa`a and Kapaia Substations during the re-construction period.<br />
“We are looking towards long-term solutions instead of quick fixes,” said Jack Leavitt, KIUC<br />
Transmission & Distribution Manager. "It's an investment; and a quantum leap in reliability."<br />
Leavitt explains the newly built substation will be an indoor design utilizing gas insulated<br />
switchgear (GIS) for the transmission section, while metal-clad vacuum switchgear will handle<br />
distribution energy from two new power transformers to be installed on the Mauka side of the<br />
building such that they will be shielded them from the corrosive trade winds. All protective<br />
relaying will be microprocessor based, and fiber optics will supply communications.<br />
TOMCO Corporation was the successful bidder and was selected as the contractor; the<br />
construction phase should be completed by mid-2009.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC Announces Scheduled Power Outage on North Shore<br />
FOR IMMEDIATE RELEASE<br />
9/19/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI – 9/19/08 – Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong> (KIUC) is scheduling a power<br />
outage on Thursday, September 25 at about 1 a.m. that will affect Hanalei town to Waikoko and<br />
Princeville. The outage will last for approximately one hour and will enable KIUC crews to<br />
replace a transmission line switch in Hanalei Valley. During the outage, <strong>Kauai</strong> Coffee will be<br />
providing power to Wainiha and Haena.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • 808.246.4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC to hold Quarterly Update<br />
FOR IMMEDIATE RELEASE<br />
9/19/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI – 9/19/08 – Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong> (KIUC) will hold a Quarterly<br />
Update on Monday, September 29 at 6 p.m. at the Kaua`i Veteran’s Center on Kapule Highway.<br />
All members are invited to attend the presentation by President & CEO Randy Hee as he gives<br />
updates on KIUC’s strategic plan, project status reports and how we see ourselves progressing in<br />
renewables and new capacity generation.<br />
KIUC management and board members will also be present for members to talk to after the<br />
presentation.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • 808.246.4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC Effective Rates Drop<br />
FOR IMMEDIATE RELEASE<br />
11/25/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI – 11/25/08 – Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong>’s (KIUC) announces its rates<br />
have dropped for the month of December. Residential effective rates dropped to $0.27453 per<br />
kilowatt hour for the month of December.<br />
Decreases in our monthly effective electrical rates reflect decreases in our monthly fuel costs,<br />
because the energy adjustment component captures the cost difference between the current fuel<br />
costs and the fuel costs that were used to calculate the base rates.<br />
“As the cost of oil drops, our rates drop,” said KIUC President & CEO Randy Hee. “We are<br />
encouraged by the steady decline of our monthly residential effective rate, which began<br />
following our all-time high of $0.49 per kilowatt hour in August.”<br />
KIUC Board Chairman Dennis Esaki added, “The lower residential effective rate should be<br />
welcome news for our members who have seen their bills rise steadily in the past few years as<br />
the price of oil surged.”<br />
For current rate information, go to www.kiuc.coop and click on Energy Information.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • 808.246.4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC Nominating Committee Begins Candidate Search<br />
FOR IMMEDIATE RELEASE<br />
12/12/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI – 12/12/08 – In accordance with KIUC’s bylaws, a Nominating Committee has<br />
been appointed to select individuals to run for three director positions on the nine-member Board<br />
of Directors for KIUC. The individuals serving on the Nominating Committee: Chairperson of<br />
the Committee KIUC Director Carol Bain, Edee Bandmann, Michael Murakoshi, Cesar Portugal<br />
and Mike Tresler will recommend individuals as nominees for the three available seats. These<br />
individuals will be on the ballot for the March 28, 2009 election.<br />
All interested KIUC members who wish to be considered by the KIUC Nominating Committee<br />
should submit a one-page resume and letter of interest by Monday, January 5, 2009 addressed to<br />
KIUC Nominating Committee, 4463 Pahee Street, Suite 1, Lihue, HI 96766-2000.<br />
All potential candidates are required to attend a Directors Duties Orientation to confirm a<br />
willingness to serve.<br />
The Committee will review the qualifications of all interested candidates and release the<br />
selection of nominees, along with the names of all interested parties no later than January 18,<br />
2009.<br />
The Committee is looking for KIUC members who have past experience serving on the boards of<br />
community, non-profit or government organizations and those willing to accept the<br />
responsibilities and obligations of a director, which include taking the time necessary to prepare<br />
for, attend and take an active part in board meetings. Qualified KIUC members, including<br />
current and former KIUC directors, are eligible for consideration. See Board Policy #18 located<br />
at www.kiuc.coop.<br />
A director is one of nine elected representatives of the members of KIUC who collectively<br />
constitute the Board of Directors. The Board of Directors governs the business and affairs of<br />
KIUC and is generally concerned with the broad courses of action to be followed by the utility<br />
and not involved in the day-to-day utility operations.<br />
Qualified KIUC members may also be nominated by collecting 35 signatures of other members<br />
(electric account holders) in good standing and by submitting a completed Member Petition to<br />
the Nominating Committee no later than Monday, February 9, 2009.<br />
All candidates with valid petitions, and all candidates selected by the Committee will be placed<br />
on the ballot for the March 28, 2009 election. If you have questions or would like additional<br />
information please go to www.kiuc.coop or contact KIUC’s election hotline at 246.4378.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • 808.246.4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC and Pacific West Energy LLC to Enter Into Agreement<br />
FOR IMMEDIATE RELEASE<br />
12/18/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI – 12/18/08 - Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong> (KIUC) Board of Directors agreed in<br />
their regular monthly meeting on Tuesday to enter into a collaborative agreement with Pacific West<br />
Energy, LLC (PacWest) to achieve established and necessary renewable energy goals and greenhouse<br />
gas reductions.<br />
PacWest plans to develop an approximately 20-Megawatt Biomass–to–Energy Project on <strong>Kauai</strong> to<br />
provide electrical capacity and energy to KIUC.<br />
The agreement is a good faith effort between both parties to negotiate and enter into a Power<br />
Purchase Agreement (PPA) for the project on terms mutually acceptable to PacWest and the<br />
Co-op. This innovative agreement helps pave the way for KIUC to build on our current<br />
renewable energy needs to help us meet our strategic plan goal of becoming more than 50<br />
percent renewable within the next 15 years. Our strategic plan allows us to meet the goal of<br />
transforming Hawai`i’s energy portfolio into a renewable energy mix in support of the<br />
Hawai`i Clean Energy Initiative’s commitment to moving away from reliance on fossil fuels.<br />
“PacWest is looking forward to working with KIUC to further Kaua`i’s renewable portfolio,”<br />
said William Maloney, President of PacWest.<br />
“KIUC has long acknowledged that significant investments in new additional renewable<br />
energy generation will be required for us to achieve not only our strategic goals, but to meet<br />
Hawai`i’s Renewable Portfolio Standards (RPS),” said Dennis Esaki, board chair. “Currently<br />
KIUC’s plan is to significantly exceed the state’s RPS, because we’re confident this direction<br />
will best benefit the <strong>Kauai</strong> community.”<br />
###<br />
4463 Pahe`e Street • Lihue, Kaua`i, HI 96766-2032 • (808)246-4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.
KIUC Effective Rates Drop in 2009<br />
FOR IMMEDIATE RELEASE<br />
12/31/08<br />
Contact:<br />
Shelley Paik<br />
808.246.4378<br />
spaik@kiuc.coop<br />
Lihue, <strong>Kauai</strong>, HI – 12/31/08 – Kaua`i <strong>Island</strong> <strong>Utility</strong> <strong>Cooperative</strong> (KIUC) announces its rates<br />
have dropped for the month of January. Residential effective rates dropped from $0.27453 in<br />
December to $0.24308 per kilowatt hour for the month of January.<br />
Decreases in our monthly effective electrical rates reflect decreases in our monthly fuel costs,<br />
because the energy adjustment component captures the cost difference between the current fuel<br />
costs and the fuel costs that were used to calculate the base rates.<br />
The recent reductions in oil prices have translated into reduced January diesel and naphtha fuel<br />
prices for KIUC, which is automatically passed on to members and customers in reduced<br />
effective rates.<br />
For current rate information, go to www.kiuc.coop and click on Energy Information.<br />
###<br />
4463 Pahe`e Street, Suite 1 • Lihue, Kaua`i, HI 96766-2000 • 808.246.4300 • www.kiuc.coop<br />
KIUC is an equal opportunity provider and employer.