KIUC's Rate Case - Kauai Island Utility Cooperative

A MESSAGE FROM THE CHAIRMAN
Aloha.
In May, your Legislative Committee met with our congressional delegation in Washington, D.C., to discuss many
issues that affect Kaua‘i Island Utility Cooperative (KIUC). Among the topics discussed were climate change
legislation, a renewable energy standard, an energy-efficiency resource standard, the Rural Utilities Service and
undergrounding of electric lines in the Wailua Corridor. These discussions were with U. S. Representatives Neil
Abercrombie and Mazie Hirono and Senators Daniel K. Akaka and Daniel K. Inouye. They were supportive of
our concerns.
The committee also met with our member from Līhu‘e, General Eric Shinseki, who is serving as secretary of
Veterans Affairs. He showed great interest in renewable projects in the Līhu‘e area.
A strategic planning retreat is scheduled for July. Committee Chairman Peter Yukimura and his committee are
hard at work in preparing for this event.
Our staff continues to put in long hours in preparation for our rate case filing with the Public Utilities
Commission. Chief Financial Officer David Bissell and our consultants, R. W. Beck and Associates, are guiding
the process.
We were saddened to receive the resignation of Dennis Esaki, our former chairman. He led our board and co-op
for three years with a commendable leadership style. His contributions to KIUC are many. His service as the
director from Hawai‘i at the National Rural Electrical Cooperative Association did not go unnoticed. Our
national president appointed him to serve as chairman of the Marketing, Communications and Business
Development Committee. The Board of Directors at KIUC joins me in wishing Dennis the best in his current and
future business endeavors.
Teofilo “Phil” Tacbian
Chairman, KIUC Board of Directors
KIUC PATRONAGE CAPITAL REFUNDS
TOTALING $2.4 MILLION TO BEGIN
ARRIVING MID-JULY
After receiving approval from the Rural Utilities Service
(RUS) in May, Kaua‘i Island Utility Cooperative and the
Board of Directors began making arrangements to
disburse checks and account information to the
membership totaling $2.4 million. That is 25 percent of
the $9.6 million in margins generated by KIUC in 2008.
Checks will be issued for refunds totaling $10 or more. If
the amount is less than $10 and the member has an active
account, the amount will be credited to the member’s
account. If the refund amount is less than $10 and the
account is inactive, the amount will remain in the
member’s patronage account until the cumulative refund
amount is $10 or more. For an average residential account
that consumed about 430 kilowatt-hours a month, the
average refund check will be approximately $27.
Members can expect refunds to arrive mid-July.
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