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HomeMy WebLinkAbout2013-08-14 RMLD Board of Commissioners MinutesStaff Coleen O'Brien, General Manager Jeanne poll, Executive Assistant Bob Fournier, Accounting/Business Manager Priscilla Gottwald, Community Relations Manager Jane Parenteau, Energy Services Manager David Poison, Facilities Manager Kevin Sullivan, Engineering and Operations Manager Citizens' Advisory Board: Tony Capobianco, Member Readine Climate Advisory Committee: Joan Boegel, Chairman Michele Benson, Member Ron D'Addario, Secretary Ray Porter, Member Michael Scola, Volunteer Gina Snyder, Member Laurie Ann Sylvia, Member Call Meeting to Order Chairman Stempeck called the meeting to order and stated that the meeting was being videotaped, it is live in Reading only. Opening Remarks Chairman Stempeck read the RMLD Board of Commissioners Code of Conduct The RMLD Board of Commissioners recognizes the importance of hearing public comment, at the discretion of the Chair, on items on the official agenda as well as on items) not on the official agenda. We ask that all questions or comments from the public be directed to the Char and that all parties, including members of the RMLD Board, act in a professional and courteous manner when addressing the Board or responding to comments. Once recognized by the Chan, all persons addressing the Board shall state their name and address prior to speaking. It is the role of the Chair to maintain order in all public comment or ensuing discussion. Introductions Chairman Stempeck welcomed Coleen O'Brien, the new RMLD General Manager. Ms. O'Brien stated that it is a privilege to serve. Chairman Stempeck also welcomed Citizens' Advisory Board member, Tony Capobianco. Also in attendance was Joan Boegel, of the Reading Climate Advisory Committee as well some of its members. Chairman Stempeck asked Ms. Boegel if she would like to speak. Ms. Boegel stated that she is the current Chan of the Reading Climate Advisory Committee and wanted to welcome Coleco to the RMLD. They look forward to working with her. Then mission is to increase the environmental sustainability, of our town and particularly to reduce the carbon footprint through energy efficiency and renewable energy. They look forward to working with Ms. O'Brien. Several members of the committee were present, including: Ron D'Addario, Ray Porter, Michele Benson, Gina Snyder, Laurie Ann Sylvia, and Michael Scots (Volunteer). Ms. O'Brien welcomed the Committee members. Chairman Stempeck welcomed and thanked them for attending the meeting. Public Comment There was no other public comment. ( Approval of Board Minutes wMay 29, 2013 Mr. Pacino made a motion seconded by Mr. Soh that the RMLD Board of Commissioners approve the Regular Session meeting minutes of May 29, 2013, as corrected. Motion carried 5:0:0. Reading Municipal Light Board of Commissioners Regular Session 230 Ash Street Reading, MA 01867 August 14, 2013 Start Time of Regular Session: 7:30 p.m. End Time of Regular Session: 9:55 p.m. Commissioners: John Stempeck, Chairman Philip B. Patina, Vice Chair Robert Soli, Commissioner David Talbot, Commissioner David Mancuso, Secretary Staff Coleen O'Brien, General Manager Jeanne poll, Executive Assistant Bob Fournier, Accounting/Business Manager Priscilla Gottwald, Community Relations Manager Jane Parenteau, Energy Services Manager David Poison, Facilities Manager Kevin Sullivan, Engineering and Operations Manager Citizens' Advisory Board: Tony Capobianco, Member Readine Climate Advisory Committee: Joan Boegel, Chairman Michele Benson, Member Ron D'Addario, Secretary Ray Porter, Member Michael Scola, Volunteer Gina Snyder, Member Laurie Ann Sylvia, Member Call Meeting to Order Chairman Stempeck called the meeting to order and stated that the meeting was being videotaped, it is live in Reading only. Opening Remarks Chairman Stempeck read the RMLD Board of Commissioners Code of Conduct The RMLD Board of Commissioners recognizes the importance of hearing public comment, at the discretion of the Chair, on items on the official agenda as well as on items) not on the official agenda. We ask that all questions or comments from the public be directed to the Char and that all parties, including members of the RMLD Board, act in a professional and courteous manner when addressing the Board or responding to comments. Once recognized by the Chan, all persons addressing the Board shall state their name and address prior to speaking. It is the role of the Chair to maintain order in all public comment or ensuing discussion. Introductions Chairman Stempeck welcomed Coleen O'Brien, the new RMLD General Manager. Ms. O'Brien stated that it is a privilege to serve. Chairman Stempeck also welcomed Citizens' Advisory Board member, Tony Capobianco. Also in attendance was Joan Boegel, of the Reading Climate Advisory Committee as well some of its members. Chairman Stempeck asked Ms. Boegel if she would like to speak. Ms. Boegel stated that she is the current Chan of the Reading Climate Advisory Committee and wanted to welcome Coleco to the RMLD. They look forward to working with her. Then mission is to increase the environmental sustainability, of our town and particularly to reduce the carbon footprint through energy efficiency and renewable energy. They look forward to working with Ms. O'Brien. Several members of the committee were present, including: Ron D'Addario, Ray Porter, Michele Benson, Gina Snyder, Laurie Ann Sylvia, and Michael Scots (Volunteer). Ms. O'Brien welcomed the Committee members. Chairman Stempeck welcomed and thanked them for attending the meeting. Public Comment There was no other public comment. ( Approval of Board Minutes wMay 29, 2013 Mr. Pacino made a motion seconded by Mr. Soh that the RMLD Board of Commissioners approve the Regular Session meeting minutes of May 29, 2013, as corrected. Motion carried 5:0:0. Regular Session Meeting Minutes 2 August 14, 2013 Approval of Board Minutes June 26, 2013 Mr. Patin made a motion seconded by Mr. Mancuso that the RMLD Board of Commissioners approve the Regular Session meeting® minutes of June 26, 2013, as presented. Motion carried 4:0:1. Chairman Stempeck abstained; he was not present at the meeting. Commissioner Mancuso will be the Secretary for the meeting. Report of the Chairman (Attachment 1) RMLD Board of Commissioners Committees and Assignments Discussion of General Manager and Power & Rate Committees Chairman Stempeck suggested that the General Manager Search and the General Manager Contract Negotiation Committees be removed because those Committees functions are finished. Mr. Patin made a motion seconded by Mr. Soli that they thank both the General Manager Search and the General Manager Contract Negotiation Committees and that they be eliminated. Motion carried 5:0:0. Chairman Stempeck stated that the Power & Rate Committee was tabled at the May 29 and June 26 meetings. Chairman Stempeck said that he would like to institute a discussion in terms of the role of the Power & Rate Committee and the applicability of it. This item was tabled because the Board wanted to have a General Manager on board to provide insight as to whether it was a valuable Committee. Chairman Stempeck said that Mr. Soli was a proponent and could speak to this. Mr. Soli said that in times of negotiating contracts and finding new power sources, Ms. Parenteau can speak how to get that information out and at times providing the direction Energy Services needs going forward. Ms. Pammteau explained that historically, the RMLD had a Power & Rate Committee that consisted of three Board members which would meet more than twice annually. This Committee would cover: a review of contracts that the RMLD was looking at, Cost of Service would be proposed, and any new programs Energy Services were addressing; such programs as the Green Choice Program- The Committee served as a mechanism to get a sense of the Board in order to gauge what staff and the General Manager would be working towards. The Board also discussed having full Board meetings to ensure that everyone was informed. It was helpful in terms of getting a sense of policy from the Board, and how the contracts reflected that policy. It provided staff with direction on various contracts. Chairman Stempeck commented that he was uncertain whether in her previous position if Ms. O'Brien had such a committee to address rams. Ms. O'Brien explained that her Board set the general policy. She developed a Power Supply Mitigation Team comprised of internal and external experts who would meet quarterly to discuss all power supply related issues including industry successful strategies on mitigating power supply costs and optimizing power supply portfolio. Since pricing on power contracts is a timing issue as the rates are generally only available to lock in for approximately an hour, then contracts were signed through her, consistent with the general policy. Mr. Patin said that he represents the "corm' side in having a Power & Rate Committee. He stated that the Power & Rate Committee decisions should take place at the Board level, not at the Committee level. His concern is that the Renewable Energy Certificate (REC) issue was extensively discussed at the Committee level, however, never made it to the Board level, which caused him concern. Contracts should be brought to the five Commission members, not a Committee that makes recommendations. If there is need for immediate action the General Manager can contact the Chair who could be authorized to move forward if need be or designate a Commission member. The Power & Rate Committee is not needed; the decision and review should be made by the five Board members. Mr. Soli said that the Power & Rate Committee was fact - finding. The Committee recommended to the Board if something should go forward. The Committee voted 1:1 which reflected that they were in dispute, however, it made it to the Board. The Committees provided a venue for in depth fact finding. Issues were vetted and sifted through to determine the level of importance. The issues were brought to the Board for their recommendation, and in some cases, no recommendation. Chairman Stempeck said that the background and history that Mr. Soli brings to this particular area is valuable. Chairman Stempeck asked Ms. O'Brien if it is appropriate to have someone from the Board sit on her internal committee. Chairman Stempeck said that he would like to do is give her time to think about that with the internal working group. If it is appropriate to have Mr. Soli on this group. Chairman Stempeck said that he is not thinking in terms of a committee, but as a representative of the Board; it is a mutual recognition. Cbairurm Stempeck suggested that instead of deciding on this at this minute, he would like to have Ms. O'Brien set us her committee and have a special meeting with Mr. Soli, but table it until the next meeting. Regular Session Meeting Minutes 3 August 14, 2013 Report of the Chairman (Attachment 1) RMLD Board of Commissioners Committees and Assignments Discussion of General Manager and Power & Rate Committees Chai Stempeck said that the General Manager should set the tone. Chairman Swmpmk said that the Board should not have ®rman committees for the sake of having them. If it makes sense to have a committee, the Board will have one. It can be one member of the Board with no decision being made to conform with the Open Meeting Laws. Mr. Soli said that he has a concern sitting on a committee run by the General Manager. Is the Board interfering with day -to-day operations and Chapter 164? Ms. O'Brien said that when she discusses the Power Supply Mitigation Strategic Committee it will consist of strategizing, networking, and will not consist solely of internal employees. This process brings recognition to the industry as a whole, including lessons learned. The think tank provides valuable input to RMLD that works to validate existing strategies or provide insight to necessary changes that may be due to foracasted volatility in pricing due to a host of impact parameters. We want to ensure what works best for RMLD and with some of the lowest rates in the state; she would say that the policies and strategies thus far are working very well. The previous iteration of her last Power Supply Mitigation Team consisted of a person that had the position Ms. Pammeau has, the General Manager, a legal power supply expert, energy efficiency expert, and a rate design/monomist expert. Chairman Stempeck suggested revisiting the Power & Rate Committee once Ms. O'Brien provides her report. Chairman Stempeck said that Vice Chair Pacino and Commissioner Soli should be considered on the Power & Rate Committee. RMLD Board of Commissioners Committees Expectations of Each Committee for the Upcoming Year. Chairman Stempeck explained that he asked each committee member to speak to what they will be doing in the upcoming year as a means of information, expectation and open famm for feedback. Public Relations Committee has four items that need to be addressed: I. How to get requests or warnings out to the public, Commercial and Industrial customers when facing extreme heat or cold. How would that affect the power supply? Are there other mechanisms or benchmarks that have been used in order to be proactive instead of reactive? 2. How to get more customer; on energy savings programs whether it be Time of Use, Water Heaters and other types of things. Them is not sufficient participation in these good programs. Chairman Stempeck asked the Board and CAB members to lead by example. • 3. How to target information to consumers at point of purchase. It is not in our purview to influence manufacturers for air conditioners, washers or dryers. However, we can work with retailers at points of purchase that there are rebates available for our particular mess so they make wise choices. You want to influence customers to make energy efficient choices. 4. How to create a better web navigation for RMLD's website. It is difficult to find information. Getting professional assistance aids in the navigation and provides assistance to our customers. Mr. Talbot stated that in order to guide those initiatives we need to any what we are trying to achieve. We could set a demand reduction goal for one megawatt of demand reduction, with the water heaters or five megawatts. That will form what we are trying to promote. Similarly, if we want peak reduction we have to define the quantity of time of use meters we want installed. Currently, one percent of RMLD customers have the time -of use-meters, although they are a great deal. A goal could be ten percent. We should set what the ends are in order that we have the means to achieve it. Mr. Talbot pointed out that there is an opportunity that the RMLD can take advantage of There is a regional agency, the Metropolitan Planning Council, which is governed by the municipalities in the state. In the last eighteen months, after a request from the RMLD and the fora towns they produced a Local Energy Action Program that is now in a draft form. This report suggests ways that we can efficiently use surcharges to achieve goals across the four towns and at the RMLD. The plan is out there and will be in final form. It has some great ideas. Mr. Talbot mentioned that he spoke with Helen Aki who is writing the report. There are monies available to assist with the technical support for implementation. The RMLD has an opportunity to take advantage of free expertise through the end of the yam. Mr. Talbot seeks the best way of adding and efficiently implementing such items without adding to the bureaucracy. During the heat wave it was made apparent that them is more the RMLD can do such as group e- mailing, via listings, schools and Chamber of Commerce on that peak day to assist to lower this. Using real time lists are more effective than press releases. Policy Committee Mr. Patin said that they have not formally met. What he would like to see, this has already been touched upon, is what we are trying to achieve, in terms of looking at the policies in the coming year, setting some sort of priorities and aligning the policies accordingly. Mr. Mancuso said that from his perspective, the Policy Committee provides the opportunity to ensure that we are operating in a fashion that is in alignment with Chapter 164, which governs the way we should be operating. Regular Session Meeting Minutes 4 August 14, 2013 Report of the Chairman (Attachment 1) RMLD Board of Commissioners Committees and Assignments Discussion of General Manager and Power & Rate Committees Policy Committee Mr. Mancuso said that we can focus on the types of activities to align ourselves with the law, the regulatory environment, and to makeQ sure that we are operating in a manner that provides good governance for the organization. There are some easy, things that can be done and some that need to be fined relative to Chapter 164. Audit Committee Mr. Pacino said that the Audit Committee's function is to sit with the auditors when they present the audit results and make a recommendation to the Commission. It is also the Audit Committee's purpose to address any issue that needs be acted upon urgently. Beyond that, he will be serving on the Town of Reading Audit Committee. The Town of Reading's Auditor makes a presentation then priorities are set such as the school Inch program. Chairman Stompeck asked, given that there are two members should both be present at the amoral meeting. Mr. Pacino explained that the Town of Reading Audit Committee meets one time before the audit in September then meets for the final result Town of Reading Charter states that only one Board member is on the Town of Reading Audit Committee. Mr. Soli stated that typically the Town of Reading and RMLD Audit Committee meet with the auditor on the result of RMLD's audit in which both Commission members are present. Also, twice nominally, one member of the RMLD Audit Committee meets with the RMLD Accountant and the Town Accountant to go over how things are as well as new things which Mr. Soli attends. Budget Committee Mr. Soli said that this is his first time on the Budget Committee. Mr. Soli commented that Mr. Pacino is well experienced and will follow his guide. Mr. Pacino explained that the Budget Committee, once the budget is presented by the Department, the Committee then reviews the preliminary budget and make recommendations. This year, the Committee as in the past years has asked for information. They usually meet at the same time as the CAB does its budget review. Under the Twenty Year Agreement the CAB has to recommend the budget before the Board can act on the budget. The Budget Committee makes the final recommendation to the Board. Mr. Mancuso said that one observation, based on what we discussed, is the focus on policy or operations. Some of the things he has heard sounds like they step into the operation space. He is raising the Rag that under Chapter 164, the operations side is Ms. O'Brirn's. We can make all the policy recommendations that we want, but once we get into the details that becomes operational. A word of caution is that we stay on the right side of that. Chairman Stempeck fully agrees. Mr. Mancuso said that we can stay on th right side of that with strategic planning and what some of those policies would be. What he has heard is that there are things to look* at the strategic planning process which allows Ms. O'Brian and her team to operationalize them. Mr. Talbot added point well taken. Chairman Smmpeck said that we are trying to be a sounding board for the General Manager. We can provide expertise as a collective group. Mr. Capobianco asked relative to the Public Relations Committee, is there low participation in the appliance rebate programs? Chairman Stempmk commented that is a good question because there are statistics on this that speak to that program; however, what they do not show is what the participation could be. Mr. Talbot said that when you go to the big box stores that them are pallets of low efficiency products. If customers spent an extra fifty dollars, they would get a better product in which RMLD would give them the product When a customer buys the Iowa price inefficient model it is because they do not know what is available. Mr. Capobianco said that the rebate program has not got the attention of the customer. Mr. Capobianco pointed out he received a two hundred dollar rebate from the water department for his washing machine which got his attention. Mr. Talbot said that we need to look at the delta for the lower and better efficiency appliance and make sure the rebates are in alignment with that. Mr. Capobianco suggested tying that in with the tax -free weekends to partner with local appliance retailers to list them for a quid pro quo. Mr. Talbot said that to Mr. Mancuso's point, the policy would not change the amount of the rebate, but to encourage customers. Mr. Capobianco suggested having it on the tax -free weekend to latch on the public relations aspect of that. Chairman Slempeck thanked Mr. Capobianco. Retroactive Step Up for Interim General Manager Kevin Sullivan Mr. Sullivan covered in this position January 11, 2013 to July 14, 2013. Chairman Stempeck stated that this is a retroactive step up which is a one -time payment for the Interim General Manager, Kevin Sullivan. He stepped into the position of Interim General Manager for about a six month timeframe. Chairman Stempeck wanted to provide a monetary recognition to the fact he did take the position, assumed the role and performed the functions. The amount is $25,000 for six months which is the delta that position carries. He has discussed this with Ms. Antonio and it is an appropriate amount. Mr. Pacino made a motion seconded by Mr. Mancuso that the Commission authorize the Department to compensate Mr. Kev' Sullivan for stepping into the General Manager position for the interim period January 11, 2013 to July 14, 2013 in the amount o $25,000. Motion carried 4:0:1. Mr. Talbot abstained. Regular Session Meeting Minutes August 14, 2013 Retroactive Step Up for Interim General Manager Kevin Sullivan Mr. Sullivan covered in this position January 11, 2013 to July 14, 2013. QMr. Talbot asked why this did not come up at the beginning of the interim period Why is it coming up now? Chairman Stempeck replied that there were too many variables. The interim position could have been one week, one month and the amount is pro-rated. Mr. Mancuso clarified that in essence this is a bonus for a job well performed during a period of time. Chairmen Stempeck said that the minutes reflect Mr. Sullivan's extra effort. Chairman Stempeck said that the most tangible way to recognize that is through a bonus, all the words in the world are wonderful. He did step in and help the Department. Mr. Mancuso added that to have someone that was willing to step up and help us bridge the former General Manager and future situation with Ms. O'Brien. It is a customary practice in the business community, particularly those that go up and beyond what the job would require to do. Mr. Talbot said that he is not comfortable with a raise for an interim position. However, it should have been done up front and is unsure of the precedent, it is unusual for him. Chairman Stempeck said that in the business community it is commonplace for the assistance during the timeframe and for ajob well done, typically with a one -time bonus. Chairman Stempeck said that at the time there were a lot of variables. Mr. Sullivan thanked the Commission for the recognition Comprehensive Update of the Reading Zoning Bylaw Chairmen Stempeck reported that the Town of Reading Community Planning and Development Commission are asking for input in terms of identifying potential zoning issues. Chairman Stempeck added that he is unsure if there is any zoning issue that is why it is on the agenda. Some items listed are possible amendments to prohibiting billboard signs, and carriage houses. The focus is how it is going to affect the RMLD. The thought of the RMLD putting a road behind the back portion of the property to help mitigate traffic flow or the front of the property for egress issues; for trucks. Chairman Stempeck said that based on what the Department plans on doing with its facility we should get our concerns to the Zoning Board so they can react in a quick manner. Mr. Mancuso suggested finding out at the Town level what demand might be created over time for strategic planning purposes. Somehow we should be involved in that developing and planning process. Ms. O'Brien stated that she went to the Town Manager meeting in which the Planning Director was in attendance. She did mention that the RMLD was working on a master site plan and she is going to meet with the Planning Director for input as well as impact of changes to the system. Ms. O'Brien stated that meetings are being set up with the Town Planners for all four towns. General Manager's Report— Ms. O'Brien — General Manager RMLD Initial Assessments Ms. O'Brien said that tomorrow marked her first thirty days and has been pretty busy with the heat wave. Within that time fame she has had the opportunity to meet with each Conunission member. She has met with the Town of Reading, Town Manager, Board of Selectmen and senior staff, Town of Wilmington, Town Manager and Board of Selectmen, Citizens' Advisory Board members, Chavman John Norton and Vice Chairman George Hooper. She is scheduled to meet with the Town of North Reading, Town Administrator and Board of Selectmen, Town of Lynnfield, Town Administrator and Board of Selectmen. The Planting Board will be next. Ms. O'Brien stated that the initial assessment is required in order to lay out the road map for a twenty-five yea plan for each of the six main components of the RMLD. She has commenced the critical initial assessments. The main components consist of system reliability, power supply, financial control, organization, staffing, facilities assets, and customer information systems. System Reliability This will include scheduled electric system assessment to review system configuration, capacity, power quality, safety, construction standards, product materials, protection coordination schemes, system functionality under normal and abnormal conditions. The recent heat wave is an example of an abnormal situation. The heat wave gave her an opportunity to we how they system works and it went well. With the GIS assessment, she is looking at a timeline for functionality including the ability to maintain accuracy and to implement Milsoft. This is an engineering modeling software system whose capabilities get that engine working for us. Power Supply There is an independent audit being performed which we are awaiting the results with the focus on the process. We have heard from the auditor and there are no smoking guns. In speaking with Ms. Parenteau that report is due shortly. Ms. O'Brien stated that as she explained earlier, she has developed a Power Supply Mitigation Team in which she is interviewing a couple of people to ensure she has the right people for the main. That is established to meet quarterly. It is made up of key experts in the field that we work in the `/industry who are familiar with the New England, Independent System Operator (ISO). We evaluate the portfolio, provide industry lessons learned, think tank, strategic plan, mitigate legislative issues, network cost share, evaluate energy efficiency, evaluate demand response reduction programs, review the cost allocation and ram design to make sure that we are in line with the test of the utility industry and providing the best for what fits for the RMLD and its service territory. That meeting is scheduled for September. Regular Session Meeting Minutes 6 August 14, 2013 General Manager's Report — Ms. O'Brien — General Manager RMLD Initial Assessments Financial Control The auditors are currently here and Mr. Fournier has been working with them daily. We have spoken to Standard & Poor's on the• phone. Our crediting rating has commenced and currently is underway. Ms. O'Brien stated that she is in the process of reviewing the fiscal year budget. Ms. O'Brien is evaluating our fiduciary responsibilities as well as the processes and efficiencies associated with that. OrgaoizadonaFStaff Ms. O'Brien stated that she will be working with Roger Corte, formerly of RW Beck He will be assisting her in developing the scope of work to determine the appropriate functions and manpower required of the utility and system this size. The work processes and efficiencies, the staff abilities, the required training and things of that nature. She is in the process of reviewing the Human Resources policies, safety policies, and looking at the existing training of the staff so she can have input into the organizational study and start the career development program for catch of the titres. Facilities Assets Ms. O'Brien stated that Dave Poison has started to draft a scope for a master site plan which was mentioned earlier. This will look at 230 Ash Street and the Barbas building. The zoning by law changes and input is part of that; they will leave no stone unturned as far as what they will look at. They will look at the organizational study for the potential outcome, the physical condition of the building, the efficiencies including business and operations sections. The main building HVAC project will be discussed under Engineering and Operations as far many major changes known to this building. Customer Information Systems This is an assessment of what we will provide for customer service. It is a broad topic from the respect of what does the system have fm ability to provide to the customer, power supply opportunities and programs, community relations, customer communication, customer training, emergency preparedness. How we work with the other town departments in the event of an emergency, developing an emergency operating procedure, terms and conditions, service requirements handbook for residential and commercial customers and to make awe that the terms and conditions me comprehensive. To evaluate our mission statement to make sure we will be commensurate with the policies that are in the twenty -five year strategic plan and that there is a consistent message throughout the company and within our service territory. Ms. O'Brien said that she will be working on these to lay out the road map. Ms. O'Brien commented that when she met with Commissioner Mancuso on the strategic plan, he asked if my lines were drawn. We made it through a difficult heat wave and our customers are happy. The reliability indices appear solid at this point. It is a perfect time to develop a strategic plan and she will be moving forward with that. Power Supply Report — June 2013 — Ms. Parenteau (Attachment 2) Ms. Parenteau presented the June Power Supply Report provided in the Commissioner packets covering power supply charges, energy costs, fuel charges and collections, fuel reserve balance, spot market purchases, capacity costs, as well as the percentage of RMLD's hydro projects and energy efficiency measures installed. Ms. Parenteau repotted that RMLD's load for June was approximately 65 million kilowatt hours which was approximately a 3.5% increase compared to Jane 2012. RMLD's energy cost came in at approximately $2.5 million that is equivalent to approximately $.038 per kilowatt how. Ms. Parenteau stated that the Fuel Charge adjustment was set at $.045 per kilowatt how for the month of June; the sales totaled 58.9 million kilowatt hours, prior to the fiscal yew adjustments, the RMLD over collected by approximately $169,000 which resulted in a preliminary estimated Deferred Fuel Cash Reserve balance of $2.6 million The Fuel Charge for Jane remains at $.045 per kilowatt how. The Fuel Charge was increased to $.05 for the month of August. The RMLD purchased about 17% of its energy requirements from the ISO New England Spot Market at an average cost of about $47 per megawatt how. Ms. Parenteau reported on the capacity side, the RMLD bit a peak demand of 162 megawatts on June 24, 2013 at 5:00 p.m., the avenge temperature was about 91 degrees which is pretty close to the peak demand for last year of 163 megawatts at 5:00 p.m. the average temperature was 96 degrees. The RMLD's monthly capacity requirement which is based on the prior year peak was set at 214 megawatts; the total dollars paid for capacity totaled $1.47 million which is equivalent ro approximately $6.87 per kilowatt month. Ms. Parenteau reported that the month of June, 8.65% of energy came from hydro generation from the purchase power agreements di RMLD has in place. The RMLD receives Renewable Energy Certificates (RECs) from four hydro projects. For the rust quarter them were approximately 4,800 banked RECs as well as projected 7,555 as of July 2013. The total estimated market value of the RECs is $455,000. In July, 4,600 RECs from quarter me, 2013 were sold to EDF Trading for $246,000, pricing out at $53 per REC. There were significant increases in transmission for the month of June in the amount of $1 million. This reflects a 60% increase from May. Regular Session Meeting Minutes 7 August 14, 2013 Power Supply Report— June 2013 — Ms. Parenteau (Attachment 2) Chairman Stempeck clarified that the transmission cost was up 60 %. Ms. Parenteau explained that it is a twofold increase on the transmission cost When RMLD is billed the bulk of the transmission is based on the Regional Network Service which is charged from the ISO New England. Them is a month tag in that billing, therefore the June billing is reflective of May transmission There are two components that contributed to that increase. Ms. Parentea t explained that there was an increase in peak demand of 33% May 2012 to May 2013. Much of this was temperature driven. Last year the average temperature on the peak day was 73 degrees in which the RMLD peaked at 107 megawatts. This past May it was 92 degrees and we peaked at 144 megawatts. In addition, the transmission costs year to yea from June to May costs increased 18 %. Chairman Stempeck added that is a large increase in cost. Ms. Pammeau said that it is projected to increase 16% in June with the forward projection of 10% over the next Eve years, each year. Chairman Stempeck asked if he had a sense of what was driving that. Ms. Parenteau responded, it is the building of infrastructure. Historically, utilities have act put money into upgrading systems with some of the systems ranging forty to sixty years old. Billions of dollars are being spent on transmission upgrades. The markets are also driving that as well where they want to wheel power down from Maine into the region. Because this is regionalized all of New England we are forced to pick up a piece of this. Mr. Mancuso said that the Attorney General has spoken about putting caps on the profitability of transmission companies. He asked if any of our organizations have a voice in that on our behalf. Ms. Parenteau responded that the RMLD has been following that very closely, working with our legal counsel, John Coyle from Duncan & Allen. RMLD received a ruling from the Administrative Law Judge that the return on equity is going to be reduced from 11.2% to 10.7% retroactively until 2013. The Return on Equity will go down to 9.7% after that. The state has been fighting that; the RMLD has been involved with that as well as other public power systems. Mr. Soli asked if there is an appeal. Ms. Parenteau responded that there is an appeal because our attorneys feel that there were errors made in the initial ruling and our hope is m get that down closer to 9 %. Mr. Talbot asked how the huge projected increase in transmission costs influences the calculation in the value of local generation and the value of demand reduction, especially peak reduction. Ms. Parenteau explained that transmission charges are based on your monthly peak value. If the RMLD is able to institute programs which can reduce that you will receive the actual benefit of that. Mr. Talbot said that the one day of the month when it is the hottest it is pegged for the whole month Ms. Parenteau responded that is t�corect. Ms. Pmentea t pointed out that capacity occurs one time during the summer which you are then forced to carry that payment for the next twelve months. Mr. Talbot said that the take away is to sce what we can do on that peak day and also each peak month Mr. Talbot said that this feeds into the Local Energy Action Plan. He hopes this can be fed into RMLD's long range plan. Ms. O'Brien said that Ms. Pareateau's group projected that peak spot on. In doing so we extended our water heater program for two hours that day. We were able to make some customer appeals and impact. Mr. Patao said that in the report it contained the description of RMLD's power supply which he found very good. Ms. O'Brien commented that with coming on board she had to go through some training in order to understand RMLD's power supply. Ms. O'Brien said that she and Ms. Parenteau thought it would be good where there were new Board members to put some educational tools in thee. Mr. Purina commented that this educational in formation can it be provided to RMLD's customers on the website. Ms. O'Brien said that it happens to coincide with what Chairman Stempeck addressed; she is looking at the website, establishing who is responsible for the website and has an upcoming committee meeting. The Town of Reading has changed their website and RMLD is looking that to explore if it is more user friendly. It is our intention to put more educational information on there. Mr. Pacino added that he has been on the Board for twenty-six years and found the information provided in the power supply report very useful. Peak and Potential Cost Savings Note: This was requested by Commissioner Talbot at the last meeting. Ms. Parenteau said that at the June RMLD Board meeting, Commissioner Talbot asked for the estimated savings due to demand reduction. Ms. Parenteau said that she and Mr. Seldon put a memo together w explain this. This memo represents a snapshot in time of in terms of the estimated financial savings for the capacity and transmission costs if the peak demand was reduced. The peak on July 19 was used as an example because it was a hot day with a peak demand was just under 168 megawatts, and the calculation are esed on current costs. Ms. Parenteau stated that as she has pointed out that costs are expected to increase. Any programs they will be developing will be targeted against those future costs and the costs benefits associated with such programs. Mr. Talbot thanked Ms. Parenteau. Regular Session Meeting Minutes 8 August 14, 2013 Peak and Potential Cost Savings Note: This was requested by Commissioner Talbot at the last meeting. Ms. Parenteau added that one of the attributes that Ms. O'Brien had her include was the RMLD's current Hot Water Rate which was extended for an extra two hours so those systems were off. Based on the two hundred fifty customers on that rate we estimate that® there was 50OKW reduction on that peak that translates into $18,000 in capacity and for transmission reduction in the monthly translates into $42,000 annually. Mr. Talbot asked if that is for one day. Ms. Pammeau explained that since the hot water heaters are shut off Monday through Friday, we are able to achieve that on a monthly basis. In the winter time those hours will be restructured. Mr. Talbot asked if 500 kilowatts is our demand side capacity management that can be shut off from this building. Ms. Parenteau replied that is correct. Mr. Talbot asked how many electric water heaters have been captured versus what is out there. Ms. Parenteau responded that based on the GDS Study performed several years back there is an extensive amount. Mr. Talbot said that we know where they are because we can see them in the load profile. Ms. Pammeau said that we analyze the load and target them. Mr. Talbot asked how many are there. Ms. Parentcau responded there have been estimates up to 4,000 based on historical studies. Mr. Talbot asked what it takes to have the remainder of these customers approached. Ms. O'Brien responded that we are working on a program to try to reach mare customers however, the person responsible for that program there is a vacated; we are looking at staff augmentation. We cannot have customers right now until we can figure out that process. The water heater program is a great program for the customers. However, as Ms. Parenteau has stated the transmission costs are increasing, the water heaters make a dent, but want to run all the demand reduction potentials through this analysis. We are fortunate to have that in house talent to perform such calculations. Ms. O'Brien said that as Mr. Talbot had stated one megawatt would be a good target. System flexibility is another manner to achieve this, behind the meter generation. There are many ways to address this. Mr. Talbot asked of Ms. O'Brien is there anything the Department needs the Board to do. Ms. O'Brien said that it is currently being assessed and this is what the Power Supply Mitigation Team will be looking al. We wed larger programs that have a more dramatic effect even though the water heater is a good program; when we are peaking we need to be able to call on a larger effort of impact. Mr. Mancuso added that demand response is the way of the future and the important part of that is how we manage the energy, it is very complex. He would ask as we go forward, the general rule for the customers sake are made crystal clear on the coat benefit analysis and what the risk is. Mr. Mancuso is unsure if we can run programs outside of ISO for reduction in demand 24/7, 365 day commitments. It is something we need in focus on that comes with a significant amount of risk and cost. It could be in the form of a full time employee, compliance requirements as examples. It is for everyone's benefit to cut the demand but needs to be crystal clear as a Commission and organization what the benefits and risks are as we articulate those decisions. Mr. Mancuso cautioned about• being tempted by big numbers on the front end, which may require big numbers to support the back end. He does not foresee that, however, it is a marker for him. Mr. Talbot does not follow the risk Chairman Stempeck said that in terms of industrial, commercial versus residential a statistical analyses needs to be performed to see who benefits the most, need to see who is most receptive, and this needs to be balanced with what you can get in a short time. Chairman Stempeck said that the Board will wait for Ms. O'Brien's analysis. The timetable is based on the level of importance for Ms. O'Brien. Engineering and Operations Report — June 2013 — Mr. Sullivan (Attachment 3) Mr. Sullivan presented the June Engineering and Operations Report included in the Commissioner packet covering the monthly capital projects, an update on the metering project, and reliability reporting. Mr. Sullivan reported that the Customer Average Interruption Duration Index (CAIDI) monthly average value is at the lowest level it has been within the last twelve months. That was due to the number of customers that saw outages in June which peaked at 3,819 for various reasons, but were restored under the RMLD four year average outage duration of 51 minutes. The average June System Average Interruption Frequency (SAH'I) is the highest value in the past twelve months. The outage of 3,819 customers caused this increase. The average Jane SAffI over 7 years is at a frequency of 1.15 outage incidents which makes the other values for the past eleven months look good. Months Between Interruptions (MBTI) is at 31 months. Mr. Sullivan reported on the meter upgrade project. The Department is tweaking the optimum placement of the repeaters which will be ongoing for some time. The commercial meters replacement will happen once the weather gets cooler during September. Mr. Soli said that Mr. Sullivan recalls the October storm. Mr. Soli pointed out that neighbors nearby still have double poles, Reading Light has done their job, can Mr. Sullivan get in much with the others to remove them. There are three or four double poles on Gleason Road. Mr. Sullivan said that on a quarterly basis they work with each town and are in contact with Verizon. Mr. Sullivan will look into this and get back to Mr. Soli. HVAC Design Mr. Pelson briefed the Board on the status of the HVAC system. On July 11, the RMLD had a preconference for the design firms interested in performing the engineering design, construction oversight for the HVAC system. Mr. Pelson reported that nine firms attended the mandatory conference. The proposals were due on August 1 with five submittals. Regular Session Meeting Minutes 9 August 14, 2013 HVAC Design All submittals were reviewed to arsine that they were compliant with statutory requirements and all complied. A team was designated to review, prioritize and prepare questions for interviews on all five proposals. The fast phase of the review was concluded yesterday. WNext week involves meeting with the firers, reviewing and checking references, and checking then financial status. Interviews will be scheduled in early September. The plan is to have the firm on board in early September. Financial Report — June 2013 — Mr. Fournier (Attachment 4) Mr. Fournier apologized for not having the Jane Draft Financials timely. Mr. Founder stated that these are the Draft Financials for fiscal year 2013. Once he receives his final numbers from the auditors he will distribute it. The auditors will be making their full presentation at the September Board meeting. As Ms. O'Brien mentioned, the auditors have been in [his week. There will be no changes to the numbers presented this evening. Mr. Fournier presented the financial report included in the Commissioner packet. The net loss for Jane was $640,000, reducing the year to date net income to $1,795,000. Year to date kilowatt how sales were a little under 702,000,000 kilowatt hours sold which is 15.9 million kilowatt hours ahead of last year's actual figure. The Gaw revenues collected year-to -date this year are $700,000; total collected since inception is $1.9 million. Chairman Stempeck asked if the cash within the targeted amount. Mr. Fournier said that one of the fast things that the auditors look at is cash which has been reconciled. The numbers will stand as is. Mr. Pacino asked if there will be any year-end transfers. Mr. Fournier said that it will be done once the final draft numbers are confirmed. Based on his calculations we are allowed to earn 8% on net plant. This figure represents 5.25% of the allowable 8% to ear. The RMLD did not earn its 8% this year. We will determine what amounts if any need to be transferred. Mr. Soli clarified that the net is $1.8 million. Mr. Fournier said that there is a final calculation based on how the Department of Utilities calculates the 8 %. It brings us higher than the $1.8 million, but GASH makes us report what is shown as our official financial document. With the $1.8 million it comes out in 5.25°/x. Mr. Soli asked on the revenues that the base was $45.2 million and the budgeted was $47.3 million. Mr. Fournier replied that is correct. Mr. Soli asked did we not have enough degree -days or did we charge too little. Mr. Fournier said that he would follow up on this. Mr. Pacino pointed out that the purchase power base budget figure was down compared to the actual. Mr. Pacino said that less was used which could be a function of the economy and purchase power base was less. General Discussion Ms. Gottwald provided an update on public relations. Ms. Gottwald reported that the RMLD recently partook in a vehicle day in North Reading which involved RMLD trucks. Educational material was distributed. There will be a vehicle day at the Reading Library this week with an RMI,D truck in attendance. The Fall Street Faire will be on September 8 and the RMLD will be setting up a booth. RMLD traditionally hosts the T -Shirt Contest during Public Power Week This involves few elementary schools in the few towns and there is a ceremony in January for the contest winners. The annual report is currently underway as well as the historical calendar. Ms. Gottwald added that this year, in October, 22,000 utilities celebrate Public Power Week Ms. Gottwald said that with Ms. O'Brien's direction there will be a breakfast for all employees, an employee recognition luncheon and the final day Thursday, October 10, there will be an Open House for the public at the garage area which will be geared for children between five and twelve. Each RMLD Department will be represented. Ms. O'Brien said that the intent of the open house, in addition to fun activities for the children, would be providing booths that will be geared toward education. This addresses all the things that have been discussed this evening. For the Time of Use them will be drawings and education. The same holds true for the Street Faire. Any opportunity we have to let our customers know the programs we have as well as providing incentives for people to sign up for favorable rates. In addition, we will also be educating the children; there will demonstrations by the linemen, and energy efficiency. There will be booths that parents can take their children to learn things. There will be small bucket track rides that leave a foot off the ground and the linemen can hold the control. Ms. O'Brien said that Mr. Poison is working hard to enswe that the garage is safe and accommodating. Ms. O'Brien said that Ms. Gottwald did a great job with the previous Halloween parties which were inside. The RMLD is a utility, it is construction and wants to educate the public to understand what we do both the positive and dangers of it. Mr. Mancuso said that he would like to help in any way to get folks to participate. Ms. O'Brien said that the committee is working on the format and what the booths will be. There will be no rain date. There will be a flyer within two to three weeks and will e-mail that out. Ms. Gottwald added that the Town of Reading has a fall book and will give them the public event information. Ms. Gottwald said that for the Halloween party there were six hundred children. Ms. O'Brian said that one of the challenges will be a tactile function consisting of putting on linemen's gloves and seeing what it is like to attempt fine motor skills. Regular Session Meeting Minutes August 14, 2013 H General Discussion Mr. Talbot said that he was presenting ideas, if you need help come to us. Mr. Talbot commented that Mr. Mancuso knows a lot about® communications. It can be more informal. Ms. Gottwald said that many times, social media such as the website, Facebook, and Twitter in response to aromas has been discussed. Ms. O'Brien stated that they will be going to Shrewsbury to discuss the lessons learned with the communications person in September. Ms. O'Brien said that she will also ask her about the reverse 911. Ms. O'Brien said that Ms. Gottwald spoke to Lynnfield relative to reverse 911. It is problematic because half of Lynnfield is covered by Peabody for their electric service. They will evaluate the communication methods and get back to the Board. BOARD MATERIAL. AVAILABLE BUT NOT DISCUSSED Rate Comparisons, July 2013 E-Mail responses to Account Payable/Payro6 Questions RMLD Board Meetings Chairman Stempeck suggested changing Board meeting from Wednesday to Thursday evenings. Wednesday, September 25, 2013 Wednesday, October 30, 2013 Citizens' Advisory Board Meetiae September 18, 2013 — 6:30 pm - RMLD Fiscal Year 2015 Budget Meetings April 2, 2014 — Lynnfield — April 9, 2014 Executive Session At 9:20 pm Mr. Pacino made a motion seconded by Mr. Soh that the Board go into Executive Session to approve the Executive• Session meeting minutes of May 29, 2013, to discuss mediation and union negotiations update, MMWEC Settlement and return to Regular Session for the sole purpose of adjournment. Chairman Stempeck polled the Board. Motion carried by a polling of the Board: Mr. Sall, Aye; Mr. Pacino; Aye; Chairman Stempeck, Aye; Mr. Mancuso; Aye, and Mr. Talbot; Aye. Motion carried 5:0:0. Adjournment At 9:55 p.m. Mr. Pacino made a motion seconded by Mr. Soli to adjourn the Regular Session. A true copy of the RMLD Board of Commissioners minutes as approved by a majority of the Commission. David Mancuso, Secretary RMLD Board of Commissioners 17J ATTACHMENT RMLD Board of Commissioners Committees and Assignments June 26, 2013 Audit (Including Town of Reading Audit) Recommend audit findings to the Board. Philip Fauna One member of Audit Committee meets at least semiannually with the Robert Soli Accounting /Business Manager on RMLD financial issues. Town of Reading Audit Committee - Sit on the Town of Reading Audit Committee and select firm that performs annual financial audit or RMLD pension trust General Manager Search Committee Not To Exceed One Year John Stempeck, Char Philip Paano Public Relations Committee Not To Exceed One Year John Stempeck David Talbot Budget Committee Robert Soli, Clair Philip Paano David Talbot nest Manager Contract Negotiation Committee Stempeck, Chair flip Pachm Robert Soli Policy Committee Philip Paano, Chair David Mancuso David Talbot Assignments Accounts Payable Philip Pacino - June Robert Soli - July David Talbot - August David Mancuso - September John Stempeck - October Philip Pacino - First Back Up Assfenmente Payroll - Four Month Rotation Philip Pacino, April - July David Talbot, August - November Robert Soli, December - March John Stempeck, April -July G Recommend the RMLD General Manager. From time to time review press releases and public relations programs. Recommend Operating and Capital Budgets to the Board. Recommend actuaries and actuary findings to the Board. Make recommendation to RMLD Board for legal counsel. Develop and negotiate General Manager Contract Recommend changes of Board policies to RMLB. Review and approve payables on a weekly basis. This position is rotational. It requires one signature. No Commissioner may serve more than three consecutive years on this Committee and most take a year leave before returning to this Committee. Review and approve payroll. This position is rotational every four months. It requires primary signer and one back -up. No Commissioner can serve more than three consecutive years on this Committee and must take a year leave before returning to this Committee. O NOFRpgO'y Town of Reading 16 Lowell Street Reading, MA 01867 -2683 Phony. ]BY94 to F. nlA4b9tlA 's� °'�NCORPnPp� COMMUNITY PLANNING AND DEVELOPMENT COMMISSION MEMORANDUM To: Town of Reading Boards, Committees, and Commissions Development Review Team (DRT) Staff — Town Manager, Building Inspector, Chief of Police, Fire Chief, Town Engineer, Town Planner, Tree Warden, Health Administrator, RMLD Chief Engineer, Conservation Administrator, DPW Director From: Charlie Adams, Chair, Community Planning and Development Commission (CPDC) Date: July 3, 2013 Re: Comprehensive Update of the Reading Zoning Bylaw I am writing on behalf of the CPDC to update you on the status of the Comprehensive Update of the Reading Zoning Bylaw (ZBL). The current ZBL is in need of updating and we are asking for your help in identifying problematic areas. Zoning changes of this magnitude have far reaching implications and should be carefully crafted and involve significant community dialogue. The zoning update work will be completed in two phases. Phase I involves a recodification to improve the overall structure of the ZBL. This phase will be handled by staff who will also work on zoning amendments which have been identified for immediate prioritization. The moratorium on Medical Marijuana will be presented at Subsequent Town Meeting in November 2013. Other possible Phase I amendments which may be considered for the November 2013 Subsequent Town Meeting include: • Prohibiting Billboard Signs; • Reasonable Regulations for M.G.L. Ch40A §3 (Dover Amendment); • Clarification of Zoning for Carriage Houses (ZBL Section 4.3.2.10); • One or two others that may surface as a priority after input is received from staff and boards, committees, and commissions. Phase II would involve hiring a consultant to assist with an overhaul of the ZBL which is funded through the FY14 budget. This phase will entail a significant amount of public process to gain input from the community. The estimated timeframe for the Phase 11 comprehensive update of the ZBL, including hiring a consultant and public input, is approximately 18 months. The goal is to have the complete updated ZBL as an Article for Subsequent Town Meeting in November of 2014. A project outline is included in the attached. The planning process associated with Phase II of the zoning update will be structured to encourage staff and public participation including the Boards, Committees, and Commissions. This will also provide the time needed to develop a zoning bylaw for allowing Medical Marijuana Treatment Centers during the proposed moratorium timeframe. A two phased approach is recommended so that the Town can move forward by addressing the immediate needs of the ZBL while also providing sufficient time for careful study and public dialogue of the more complex aspects of the zoning update project. The CPDC welcomes any comments you may have on this. Please submit your comments by Auaust 1.2013 to keep on track with the proposed pro act outline. Attachment \J is IiiW J 2013/2014 Comprehensive Update — Reading Zoning Bylaw Project Outline Timeframe Tasks June, 2013 Task 1: Define project approach and get input from BOS Doing this in two phases as the preferred approach: • Phase 12013 STM short tens rezoning needs; • Phase 11 2014 STM comprehensive update of the Zoning By Law (ZBL); 2013 STM will have Medical Marijuana Moratorium and possibly a few additional zoning amendments to consider. June /July, 2013 Task 2: Internal and Public Outreach — Gather input on how the ZBL can be improved • DIRT type of kickoff with Staff, Land Use Board Members, Attorneys, Design Professionals, Developers, Past Applicants, General Public and others • Develop and launch surveys via bi- weekly notes, survey monkey and other outlets • Begin to hold regular public meetings /zoning workshops to foster input Task 3: Finalize Draft RFP and solicit for consultant to assist with comprehensive update. July /August, Task 4. STM Zoning and Data Collection 2013 • Refine proposed ZBL changes for STM in November of 2013 • Collect input and include in final RFP for consultant selection • Advertise RFP and award in September September 2013 Task 5: Finalize Phase I of rezoning; begin Phase II • Finalize plan based on public and internal staff comments. • Present final ZBL changes to CPDC mid /late September for public hearing. • Update BOS by mid /late September. • Hire consultant; appoint a rezoning committee November, 2013 Task 6: Zoning Amendments STM /Commence ZBL Comprehensive Update • Consultant and committee begin meeting regularly • Consultant to develop a list of where the ZBL needs revisions /additions (including information gathered from Task 2 above) • Work on Purpose, Definitions, and Administration December, 2013 Task 7: Comprehensive Update — New Elements With Consultant add new language as needed January - March 2014 Task 8: Re -work the major elements of the ZBL (Districts; Use Regulations; Intensity Regulations; General; Applicability) Hold public meetings and develop a Draft Updated Zoning By -Law April Update Town Meeting and present Draft recommendations May, June, July Community Forum including business community on draft recommendations and rework comments into revised Final draft. August . CPDC Hold a public hearing and prepare for STM 2014 November 10, 2014 Present comprehensive update of the Reading Zoning Bylaw tUIR&WaV'1401UN To: Coleen O'Brien From: Energy Services Date: August 6, 2013 Subject: Purchase Power Summary - June, 2013 Energy Services Division (ESD) has completed the Purchase Power Summary for the month of June, 2013. ENERGY The RMLD's total metered load for the month was 64,874,890 kWh, which is a 3.5% increase from the June, 2012 figures. Table I is a breakdown by source of the energy purchases. Table 1 Amount of coat of % of Total Total $ $ as a ® Resouroe Energy Energy Energy Costs % (kWh) ($/Mwh) Millstone %3 3,582,803 $6.99 5.52% $25,035 1.02% Seabrook 5,702,165 $8.22 8.79% $46,8% 1.90% Stonybmok IMemediate 1,338,980 568.79 2.06% $92,114 3.74% JP Morgan 8,580.000 $50.01 10.14% $394,862 16.02% NextEra 8,806,000 $45.54 13.57% 5400,999 16.26% NYPA 1,614,088 $4.92 2. 9 $7,941 0.32% ISO lnterohange 11,302,447 $46.94 17.42% $530,564 21.52% NEMA Congestion 0 $0.00 0.00% 4218,245 3.85% Coop Resales 20,844 43,666.09 0.03% 476.416 3.10% MuOuarie 10,168,000 $44.12 15.67% $44$661 18.20% Summit Hydro 1,515,038 $59.20 2.33% $89,696 3.61% Braintree Watson Unit 397,156 $82.32 0.61% $32,693 1.33% Swill Riper Projects 2,486,873 $102.29 3.93% $254,379 10.32% Exelon 11,334,000 $37.91 17.47% $429,643 17.43% Stonybrook PeakiN 41,296 $184.29 0.06% $6,764 0.28% MoMNy Total 64,889,690 $38.00 100.00% $2,465,667 100.00% I® Table 2 breaks down the ISO interchange between the DA LMP Settlement and the RT Net Energy for the month of June, 2013. Table 2 Amount Cost %of Total Resource of Energy of Energy Energy (kWh) ($/Mwh) ISO DA LIMP • 13,399,905 41.61 20.65% Settlement RT Net Energy" - 2,097,458 4.91 -3.23% Settlement ISO Interchange 11,302,447 46.94 17.42% (subtotal) ' independent System Operator Day -Ahead Locational Marginal Price " Real Time Net Energy JUNE 2013 ENERGY BY RESOURCE Stonybrook Peaking, Millstone 413, 5.5% Swift River ■ Millstone #3 Projects, 3.8% Stonybrook ■Seabrook Intermediate, 2.1% a Stonybrook Intermediate Braintree Watson Unit, 0.6% ■JP Morgan • NextEra Summit Hydro, 2.3% ■ NYPA • ISO Interchange • Macquarie .. Summit Hydro • Braintree Watson Unit • Swift River Projects • Exelon NYPA, 2.5% a Stonybrook Peaking CA CAPACITY ® The RMLD hit a demand of 162,059 M, which occurred on June 24, at 5 pm. The RMLD's monthly UCAP requirement for June, 2013 was 214,318 Ms. Table 3 shows the sources of capacity that the RMLD utilized to meet its requirements. Table 3 Source Amount (kWs) Cost ($/kW- month) Total Coat $ %of Total Cost Millstone #3 4,950 46.38 $229,601 15.59% Seabrook 7,903 44.82 $354,207 24.05% Stonybrook Peaking 24,981 1.96 $48,956 3.32% Stonybrook CC 42,925 3.81 $163,574 11.11% NYPA 4,019 3.91 $15,714 1.07% Hydro Quebec 4,683 4.36 $20,426 1.39% Nextera 60,000 5.50 $330,000 22.41% Braintree Watson Unit 10,520 10.77 $113,270 7.69% ISO -NE Supply Auction 54,337 3.62 $196,848 13.37% Total 214,318 $6.87 $1,472,596 100.00% QTable 4 shows the dollar amounts for energy and capacity per source. Table 4 Cost of %of Amt of Energy Power Resource Energy Capacity Total cost Total Cost (kWh) ($/kWh) Millstone #3 $25,035 $229,601 $254,636 6.47% 3,582,803 0.0711 Seabrook $46,856 $354,207 $401,063 10.18% 5,702,165 0.0703 Stonybrook Intermediate $92,114 $163,574 $255,688 6.49% 1,338,980 0.1910 Hydro Quebec $0 $20,426 $20,426 0.52% - 0.0000 JP Morgan $394,862 $0 $394,862 10.03% 6,580,000 0.0800 NextEra $400,999 $330,000 $730,999 18.56% 8,806,000 0.0830 s NYPA $7,941 $15,714 $23,655 0.60% 1,614,088 0.0147 ISO Interchange $530,564 $196,848 $727,411 18.47% 11,302,447 0.0644 Name Congestion - $218,245 $0 - $218,245 -5.54% - 0.0000 MacQuane $448,661 $0 $448,661 11.39% 10,168,000 0.0441 Summit Hydro $89,696 $0 $89,696 2.28% 1,515,038 0.0592 Braintree Watson Unit $32,693 $113,270 $145,963 3.71% 397,156 0.3675 Switt River Projects $254,379 $0 $254,379 6.46% 2,486,873 0.1023 Coop Resales 476,416 $0 $76,416 -1.94% 20,844 - 3.6661 Constellation Energy $429,643 $0 $429,643 10.91% 71,334,000 0.0379 Stonybmok Peaking 56,784 $48,956 $55,740 1.42% 41,296 1.3498 Monthly Total $2,465,567 $1,472,596 $3,938,163 100.00% 64,889,690 0.0607 Renewable Resources 8.65% RENEWABLE ENERGY CERTIFICATES (RECs) • Table 5 shows the amount of banked and projected RECs for the Swift River Hydro Projects through June, 2013, as well as their estimated market value. In July 2013, 4,604 Q 1 RECs were sold to EDF Trading for $245,711. Current Month Last Month Table 5 Peak Demand (kW) 162,059 143,882 Swift River RECs Summary Energy (kWh) 64,889,690 56,418,457 Period- January 2013 -July 2013 Energy ($) $2,465,567 Banked Projected Total Eat. $1.472,596 RECs RECS RECs Dollars Woronoco 3,018 4,024 7,042 $192,314 Pepperell 434 1736 2170 $117,380 Indian River 1152 1536 2688 $145,152 Turners Falls 194 259 453 $0 Grand Total 4,nB 7,555 12,353 $454,646 TRANSMISSION • The RMLD's total transmission costs for the month of June were $1,030,696. This is an increase of 59.5% from the May transmission cost of $646,177. In June, 2012 the transmission costs were $645,305. Table 6 • Current Month Last Month Last Year Peak Demand (kW) 162,059 143,882 163,070 Energy (kWh) 64,889,690 56,418,457 62,753,418 Energy ($) $2,465,567 $2,289,286 $3,017,804 Capacity ($) $1.472,596 $1,492,008 $1,519,690 Transmission($) $1,03,696 $646,1T $645,305 Total $4,968,858 $4,427,471 $5,182,799 • [-1 1� k mo \ \) %{ §( , |! # # §# -- -- �- )/ |\) )| \§ r! §§! 1,. =. ` � K■ ■KE §! -- -- -- $■ ## #« ` !!<!■,■ § [ } E■ »§ !4n §n ■ ■«# k» §! ! !!!!!!! �| .. rl,E ; ;K |§ !§! \k! !! °) ..j.... ! -■•§ |! |# !/[ [[ F |! # §# )/ r! §§! 1,. =. ` K■ ■KE §! ` !!<!■,■ !4n ■ ■«# !!!!!!! �| .. rl,E ; ;K |§ °) ..j.... ! -■•§ |! |# i n Description of RMLD's Power Supply Stony Brook Intermediate Unit The Stony Brook Intermediate Unit is a 354- megawatt, combined -cycle power plant that entered commercial operation in 1981. The unit's three gas turbines generate electricity using either No. 2 oil or natural gas, with additional electricity produced using a single steam turbine in the combined -cycle process. MM WEC completed construction of a new natural gas pipeline to serve the Intermediate Unit in September 2002. The RMLD has a Life of Unit entitlement for 14.453% of the unit or approximately 51 Mws. The RMLD has paid off the debt service associated with this project. Quick Facts - Stony Brook Intermediate Unit Location On -Line Date Fuel Principal Owner /Operator Total Capacity Stony Brook Peaking Unit Ludlow, Massachusetts 1981 No. 2 oil /natural gas MMWEC 354 megawatts The Stony Brook Peaking Unit is a 172- megawatt peaking plant that entered commercial operation in 1982. The unit's two gas turbines generate electricity using No. 2 oil. The RMLD has a Life of Unit entitlement for 19.516% or the unit which is equivalent to about 33 Mws. The RMLD has paid off the debt service associated with this project. Quick Facts - Stony Brook Peaking Unit Location On -Line Date Fuel Principal Owner /Operator Ludlow, Massachusetts 1982 No. 2 oil MbIWEC ,. Total Capacity 172 megawatts • Description of RMLD's Power Supply M Braintree Electric Light Department - Watson Unit The simple -cycle gas -tired plant is powered by the first two Rolls -Royce Trent 60 gas turbines built for the U.S. power generation market —known as Watson Units kl and k2. The units entered commercial operation on June 23.2009. Both Watson Units are bid into the ISO New England market system daily and are dispatched based on their total price. The unit's two gas turbines generate electricity using Natural Gas, with No. 2 oil as backup fuel. The RML.D has a 20 year entitlement for 10% of the unit which is equivalent to about 10 Mws. Quick Facts - Watson Unit Location Braintree, Massachusetts On -Line Date 2009 Fuel Nat Gas/No. 2 Oil Principal Owner /Operator Braintree Electric Light Dept Total Capacity 100 megawatts Seabrook Station Seabrook Station is a 1.244-megawatt nuclear generating plant located in Seabrook. New I lumpshim. An operating license Inr Seabrook was issued in 1986, but the plant did not begin commercial operation until 1990. The principal owner and operator ul' Seabmok Station is NextFra Energy Resources 1. LC. a subsidiary of Florida -based FN. Group. Inc. NextEra owns 88.2 %of Seabrook Station. 7'hc other owners are MMNBC (11.59%) and two Massachusetts municipal utilities, the'faunton Municipal Lighting Plant (1).13 %) and the I ludson I. ight & Power Department (0.08 %). NextEra has announced plans to seek an extension of its Seabrook operating license. from the current license expiration date of 2030, to 2050. R.MI. D signed 3 different projects to finance Seabrook. Mix]. project a, & project 5. The debt scrn ice associated with these projects wt I I be ' paid off in 2011. 2017 &'_018 respectively. -I he It \11.1) has a life of unit contract for 2635 %or a little more that 7 Mws of the unit. r Description of RMLD's Power Supply Quick Facts - Seabrook Station Location: Seabrook, New Hampshire On -Line Dale: 1990 Fuel: Nuclear - Pressurized Water Reactor Principal Owner /Operator: NextEra Energy Resources LLC Total Capacity: 1,244 megawatts MillstoneUnit 3 Millstone Unit 3 is a 1,237- megawatt nuclear generating plant located in Waterford, Connecticut. Millstone Unit 3, which began operation in 1986, is the newest and largest of Millstone Station's three nuclear units, one of which is retired from service. The principal owner and operator of Millstone Station is Dominion Nuclear Connecticut, Inc., a subsidiary of Virginia -based Dominion Resources, Inc. Dominion Nuclear Connecticut owns 93.47% of Millstone Unit 3. The Nuclear Regulatory Commission on Nov. 28, 2005 approved Dominion Nuclear Connecticut's request for a 20 -year operating license extension for Millstone's Unit 3 reactor. "rhe license now expires in Nov. 2045. RMLD signed 2 different projects to finance Millstone k3, Mix 1 and Project 3. The debt service associated with these projects will be paid off in 2014 & 2018 respectively. The RMLD has a Lil'e of Unit agreement for 0.404% of the unit which equates to approximately 4.6 Mws. Quick Facts - Millstone Unit 3 Location: Waterford, Connecticut On -Line Date: 1986 Fuel: Nuclear: Pressurized Water Reactor Principal Owner /Operator: Dominion Nuclear Connecticut, Inc. 'rot:d Capacity: 1.237 megawatts NYPA Contract the R %II.D receives inexpensive hydroelectric power from the New York Power Authority . INYP. ). RMLU receivcxl capacity and energy from Ihis, contract. the Massachusetts Deparinient of Public t'tilities IDPU) has appointed %IMWEC as the administrator of INS contract. The current contract expires in 2025. Description of RMLD's Power Supply Hydro - Quebec Interconnection The Hydro - Quebec Interconnection is an approximate 2000 Mw, direct current electric transmission line connecting central New England with the Canadian utility Hydro Quebec. Construction of the U.S. portion of the interconnection, which stretches from Groton/Ayer, in Massachusetts to the Canadian border in northern Vermont, was a joint effort of many New England utilities. The RMLD receives capacity from this contract. Phase I of this project expires in 2012 and Phase II expires in 2015. Integrys /MacQuarie In September, 2008 the RMLD signed a system power contract with Integrys Energy Services, Inc. that is effective from January I, 2009 through December 31, 2012. Subsequently, Integrys assigned the contract to MacQuarie in 2010. The RMLD receives energy only from this contract. The amount of energy purchased fluctuates on a monthly basis for both the on -peak and off-peak period. RMLD has secured fixed pricing for this contract. MacQuarie In May, 2009 the RMLD signed a system power contract with MacQuarie that is effective from January I, 2010 through December 31, 2013. The RMLD receives energy only from this contract. The amount of energy purchased fluctuates on a monthly basis for both the on -peak and off-peak period. RMLD has secured heat -rate pricing for this contract. as JP Morgan In June, 2010 the RMLD signed a system power contract with JP Morgan that is eleective from January I, 2011 through December 31, 2014. The RMLD receives energy only from this contract. The amount of energy purchased fluctuates on a monthly basis for both the on -peak and off -peak period. RMLD has secured fixed pricing for this contract. NextEra Energy Power Marketing LLC In June, 2011 the RMLD signed a system power contract with NextEra Energy Power Marketing LLC that is elective from January I. 2012 through December 31, 2015. "['he RMLD receives energy only from this contract. ['he amount of energy purchased fluctuates on a monthly basis for both the on -p:ak and off -peak period. RMLD has secured fixed pricing for this contract. Swift River Hydro In March. 2011 the RMLD signed purchase power agreements with Swift Rivcr I lydro LLC for the output of tour hydro systems located in Massachusetts that are effective from February I, 2011 through January ±1. 301_6. 'I he Swill River Trading Company is the lead narket ' participant for and represents these hydroelectric generators with a total nameplate capacity rt approximately 7 MW' and average annual generation of 2;.01111 megasa n -hours per year. l J tJr • Description of RMLD's Power Supply These facilities include the Woronoco hydro facility in Russell, MA, Pepperell Ilydro in Pepperell, MA; Indian River Power Supply in Russell, MA; and Turners Fulls Hydro in Turners Fulls, M.A. Each of these facilities is owned by a special purpose entity, e.g., the Woronoco facility is owned by Woronoco Hydro LLC. The four facilities are managed by the Swift River Trading Company, LLC as the lead market participant for each of the facilities. Dr. Peter Clark is the manager of the Swift River Trading Company. RMLD is the only buyer. • Pepperell Hydro: 15 year term beginning on February I, 2011 and ending on January 31, 2026. RMLD is purchasing all of the products produced by or attributable to the facility. The facility has nameplate capacity of 1.9 MWs. The products include, but arc not limited to, Energy, Installed Capability, Ancillary Services, Renewable Energy Certificates and Environmental Attributes (Jo the extent not included in the RECs). The Contract Price for these products is S 100/M Wh for the first year. escalated at 2.25 % thereafter. • Woronoco Hydro: IS year term beginning on Fcbmary I, 2011 and ending on January 31. 2026. RMLD is purchasing all of the products produced by or attributable to the facility. The facility has nameplate capacity of 2.7 MWs. The products include, but arc not limited to, Energy, Installed Capability, Ancillary Services, Renewable Energy Certificates and Environmental Attributes (to the extent not included in the RECs). The Contract Price for these products is SIOO /MWh for the tint year, escalated at 2.25 % thereafter. The facility is not currently qualified for FCM. Until Seller qualifies the facility for FCM the contract price is reduced by E5.00/M W h. • Turnen Falb Hydro: 15 -year term beginning on February I, 2011 and ending on January 31, 2026. RMLD is purchasing all of the products produced by or attributable to the facility. The facility has nameplate capacity of I MW. The products include, but arc not limited to, Energy, Installed Capability, Ancillary Services, Renewable Energy Certificates and Environmental Attributes (to the extent not included in the RECs). The Contract Price for these products is SI00/MWh for the first year, escalated at 2.25 % thereafter. The facility is not currently qualified for FCM. Until Seller qualifies the facility for FCM the contract price is reduced by $5.00/M Wh. • Indian River Power Supply: 15 -year term beginning on February I, 2011 and ending on January 31. 2026. RMLD is purchasing all of the products produced by or attributable to the facility. The facility has nameplate capacity of 1.4 MWs. The products include, but are not limited to, Energy, Installed Capability. Ancillary Services, Renewable Fnergy Certificates and Fnvironmental Attributes po the extent not included in the RECs). The Contract Price for these products is SlOO/NWIt for the lint year, escalated at 2.25 % thercaf)er. The facility is not current]% qualified fix FCM. Void Seller qualities the facility for FCM the contract price is reduced by SS.(N), M Wh. Description of RMLD's Power Supply Florida Power & Light Energy Power Marketing, Inc. (FP &L) In March, 2008 the RMLD signed a power supply agrcemcnt for capacity with FP &L that is effective from June I, 2012 through May 31, 2017. The contract is for 60,000 kWs of term, Rest -Of -Pool ICAP (Installed Capacity). The amount of capacity purchased is fixed at 60,000 kWs, and the pricing is as follows: Power Year 6/1/2012 - 5/31/2013 6/1/2013 - 5/31/2014 6/1/2014 - 5/3112015 6/112015 - 5/31/2016 6/1/2015 - 5/31/2017 Exelon E per kW-month Fixed Price Floor Price Cap Price $5.50 $5.50 $6.00 55.65 $6.15 $5.90 56.40 $6.15 $6.65 In June, 2012 the RMLD signed a system power contract with Exelon that is effective from January 1, 2013 through December 31, 2016. The RMLD receives enery only from this contract. The amount of energy purchased fluctuates on a monthly basis for both the on -peak and off -peak period. RMLD has secured fixed pricing for this contract SP Energy In July, 2013 the RMLD signed a system power contract with BP Energy that is effective from January 1, 2014 through December 31, 2017. The RMLD receives enery only from this contract. The amount of energy purchased fluctuates on a monthly basis for both the on -peak and off -peak period. RMLD has secured fixed pricing for this contract Summit Hydro In June, 2011 the RMLD signed a purchase power agreements with Summit Hydropower Inc.for the output of Wyre Wynd Hydro located in Jewett City, Connecticut. The contract with Summit Hydro that is effective from July 1, 2012 through June 30, 2014. The RMLD receives enery only from this contract. The average annual generation is approximately 9,800 megawatt-hours per year. MO u W ~ O j N O ry) N N M � � N z a m >r m m u C N W •� LL LIM O 3 S G o w = 'o d G o a c C 0 0 i t 3 ® Fuel Charge Adjustment (FCA) The FCA is a per kWh charge that is based on the month's estimated energy cost divided by the estimated kWh sales for that month, adjusted by over and under collections in the previous month. Adjustments will be made periodically to account for over and under recovery of purchased energy costs. The objective is to continually balance fuel costs with fuel charges. A Deferred Fuel Cash Reserve (DFCR) fund is established to accomplish the balancing The DFCR has a target range of $2 -$3 million. This range is based on 3 months of historical recovery. In order to stabilize customer billing, the FCA can not be adjusted more than $0.005 in any consecutive month. Purchase Power Adiustment(PPA) The PPA is a per kWh charge or credit that is based on all power and transmission charges exclusive of fuel. The PPA allows the department to recover or credit customers for increases or decreases in capacity and energy charges since the last cost of service study (COSS). The PPA is based on the month's estimated capacity and transmission charges divided by the estimated kWh sales for that month. This value is subtracted from $0.03984/kWh, which is the amount of base charges from the COSS. In order to stabilize customer billings, the PPA is annualized over the fiscal year and balanced on a monthly basis. NYPA Credit The NYPA credit is a per kWh credit that all residential customers receive. The RMLD receives inexpensive hydroelectric power from the New York Power Authority (NYPA). The benefit of this contract is returned to all RMLD residential customers. The benefit is calculated monthly and is based on actual power billing and is compared to the spot market. The cost of the NYPA power is subtracted from the spot market and adjusted by over and under collections in the previous month. This difference is divided by the estimated kWh residential sales for that month. The FCA, PPA, and NYPA credit are included annually in the fiscal year budget and monitored and adjusted accordingly on a monthly basis. 1E Reading Municipal Light Department Energy Services Division (ESD) Memo To: Coleen O'Brien From: Jane Parenteau and William Seldon Subject: Estimated Savings Due to Demand Reduction Date: August 9, 2013 At the June, 2013 Reading Municipal Light Board meeting, Commissioner Talbot requested the estimated financial savings to RMLD if the peak demand (or demand period) was reduced. Energy Services has calculated the estimated savings that demonstrates the impact of demand reduction on Capacity and Transmission costs. For the purpose of this estimate, ESD used the peak demand from July 19, 2013 of 167,759 kW and current capacity and transmission charges. This was done in order to show the range and magnitude of potential savings due to demand reduction. ESD estimated cost savings at a peak reduction range of 1% - 5% of peak demand. The graphs below show the estimated savings based on existing capacity and transmission costs at the different • percentage reduction ranges of the peak. This information indicates the magnitude of the savings that could be achieved at fixed levels of demand reduction. The capacity savings graph is based on load being shed during the annual system peak, in this example the July 19`k peak of 168,700 kW. These savings are based on one hour of reduction coincident with the ISO -NE system peak. The transmission graph depicts the savings that could be achieved by reducing demand on each month's peak hour over a year. Demand Reduction Savings Estimates Based on Specific Peak Reduction Percentages $800,000.00 $700,000.00 - — $600,000.00 — $500,000.00 - $400,000.00 $300,000.00 $200,000.00 $100,000.00 1,684 3,368 5,052 6,736 8,420 —0--capacity —E—transmission C� An example of a demand reduction program which the RMLD is currently in the process of updating is the residential hot water heater program. With the equipment being installed on participating customer's hot water heaters approximately 500 kW can be curtailed during the Department's monthly peaks. This will result in an estimated annual capacity savings of $18,000 and estimated annual transmission savings of $42,000. The estimated savings are gross savings which do not take into consideration program implementation costs that would have to be spent in order to realize the demand reduction savings. Various programs would need to be evaluated in order to determine which types of demand reduction techniques are most cost effective for the RMLD. • • U K] ATTACHMENT READING MUNICIPAL LIGHT DEPARTMENT FY 13 CAPITAL BUDGET VARIANCE REPORT FOR PERIOD ENDING JUNE 30, 2013 Station Uooradea Station b4 8 Relay Replacement Project - (Partial CARRYOVER) R 9 Station 4 Getaway Replacement - 4W13 R Total Stepan Projects SCADA Pro ii 22,670 ACTUAL FY 13 ANNUAL R Tote19CADA Projects 80.653 COST CAPITAL BUDGET REMAINING p PROJECT DESCRIPTION TOWN JUNE EXPENDITURES AMOUNT BALANCE ESO Construction - System Projects 113.645 59853 59853 65.000 5,147 1 Eases Slrael - Reconductoring LC 37,190 59,951 197,855 137,904 2 4W13 OH Reconductodng - West Street W 985 20,396 188,193 167,797 3 Upgrading of Old LynnfieW Center URDs (Partial CARRYOVER) LC 116,692 253,665 492,143 236.410 5 Shady Lane A. Recondudonng W 139,811 199,042 59,231 6 Federal Street - Reconductoring W 2.759 163492 115.565 12.073 Total System Projects 136,523 74,501 126629 52048 Station Uooradea Station b4 8 Relay Replacement Project - (Partial CARRYOVER) R 9 Station 4 Getaway Replacement - 4W13 R Total Stepan Projects SCADA Pro ii 22,670 10 Station 5 RTU (Remote Terminal Unit) Replacement W 4 Station 4 RTU (Remote Terminal Unit) Replacement (Pamal CARRYOVER) R Tote19CADA Projects 80.653 New Customer Service Connactions 10,997 12 Service installations Commemlalllndustrial Customers ALL 13 Service Installations- Residential Customers ALL Total Service Connections 14 Routine Construction Various Routine Contruction Total Construction Projects Other Projects 15 GIS 16 TransformerslCapantars Annual Purchases 17A Meter Annual Purchases 17B Mater Upgrade Project - (Partial CARRYOVER) 17C Meter Upgrade Project - Commercials 18 Purchase Vehicles 19 Purchase Line Department Vehicles 20 Purchase Have Pole Dolly 21 Automated Building Systems 22 Engineering Analysis software 8 data conversion - (CARRYOVER) 23 Gaw Station Generator 24 Capital Repairs Station One 25 New Carpeting 26 Water Healer Demand Response Technology 27 Hardware Upgrades 28 So ftware and Licensing TOTAL FY 13 CAPITAL PROJECT EXPENDITURES 'Completed Total Other Projects 119309 119,309 4.430 161,119 151,349 ALL (3495) 1,815,559 988211 (821,348) 197,327 2,923,135 2,929,910 6.776 5683 22,670 59163 33,493 21,798 179.988 80.653 (99335) 10,997 3.506 24,958 63.074 38,111 564.416 17,892 238,214 207,923 (30,291) 113.645 ALL (3495) 1,815,559 988211 (821,348) 197,327 2,923,135 2,929,910 6.776 5683 9.048 97,495 4447 462.199 284,000 (178,19) 10,997 49710 (29,287) 80,152 656.457 564.416 (92.042) 4446 438.208 551853 113.645 59853 59853 65.000 5,147 474851 570,000 95.139 14,771 12000 (2.171) 150 000 150 000 76.789 76789 55000 55.000 400,000 400.090 35,000 35,000 200080 336611 136,523 74,501 126629 52048 8.891 97532 119002 21.470 159,024 2,651,195 3493505 843310 356,351 5,574,330 6,423416 849,086 Reading Municipal Light Department Engineering and Operations Monthly Report June 2013 FY 2013 Capital Plan E &O Construction - Svstem Projects 1 Reconductoring of Essex Street, Lynnfield Center: Line Department. pull in messenger, install'p "line, install pole -to -pole guy, pull in rope, clip in messenger, install tri- rollers, prep for cutover and energize. 2 4W13 OH Reconductoring Project, West Street, Wilmington: Engineering: labor. 3 Upgrading of Old Lynnfield Center URDs: Engineering: labor. Underground Crew., run new underground primary, install new pull box and set new street light box, set manhole, install conduit and vault, rack in cables, build and mount three -point junctions and crab boards. Line Department., make ready work and install new primary and neutral. 5 Shady Lane Drive Area, Wilmington: Project Completed in May. 6 Federal Street, Wilmington - Reconductoring: Line Department: transfer service. Project Completed. Station Upgrades 8 Station 4 Relay Replacement Project - Reading - No Activity Fiscal Year to Date. 9 Station 4 Getaway Replacement - 4W1 3 - No Activity in June. SCADA Projects 10 Station 5 RTU Replacement, Wilmington: No Activity in June. 4 Station 4 RTU Replacement: Senior Tech: labor. Engineering: labor. Project Completed. New Customer Service Connections 12 Service Installations - Commercial /Industrial Customers - This item includes new service connections, upgrades, and service replacements for the commercial and industrial customers. This represents the time and materials associated with the replacement of an existing or installation of a new overhead service, the connection of an underground service, etc. This does not include the time and materials associated with pole replacements /installations, transformer replacements /installations, primary or secondary cable replacements /installations, etc. This portion of the project comes under routine construction. Includes new commercial building at 235 Andover Street and North Reading High School temp service. August 17, 2011 13 Service Installations — Residential Customers — This item includes new or • upgraded overhead and underground services, temporary overhead services, and large underground development. Routine Construction: 14 Routine Construction — The drivers of the Routine Construction budget category YTD are listed. This is not an inclusive list of all items within this category. Pole Setting/Transfers $368,949 Maintenance Overhead/Underground $468,240 Projects Assigned as Required $317,283 Pole Damage includes knockdowns some reimbursable $87,297 Station Group $15,368 Hazmat/Oil Spills $2,908 Porcelain Cutout Replacement Program $624 Lighting Street Light Connections $28,812 Storm Trouble $139,920 -Underground Subdivisions $52,361 Animal Guard Installation $36,315 Miscellaneous Capital Costs $297,482 TOTAL $1,815,559 'In the month of June zero (0) cutouts were charged under this program. Approximately 6 cutouts were installed new or replaced because of damage making a total of 6 cutouts replaced this month. August 13, 2013 • 171 t_J • Reliability Report Two key industry standard metrics have been identified to enable the RMLD to measure and track system reliability. A rolling 12 -month view is being used for the purposes of this report. Customer Average Interruption Duration Index ( CAIDI) measures how quickly the RMLD restores power to customers when their power goes out. CAIDI =Total of Customer Interruption Duration for the Month in Minutes a Total Number of Customers Interrupted. RMLD 12 -month system average outage duration: 60.00 minutes RMLD four -year average outage (2006 - 2009): 50.98 minutes per outage On average, RMLD customers that experience an outage are restored in 60.00 minutes. August 13, 2013 3 System Average Interruption Frequency (SAIFI) — Measures how many outages each • customer experiences per year on average. SAIFI = Total Number of Customers Interrupted a Total Number of Customers RMLD 12 -month system average: 0.39 outages per year RMLD four -year average outage frequency: 0.62 The graph below tracks the month -by -month SAIFI performance. Months Between Interruptions (MBTI) Another view of the SAIFI data is the number of months RMLD customers have no interruptions. At this time, the average RMLD customer experiences an outage approximately every 30.8 months. August 13, 2013 4 C11 • ATTACHMENT • Dt: August 14, 2013 To: RMLB, Kevin Sullivan., Jeanne Foti Fr: Bob Fournier Sj: June 30, 2013 Report The draft results for fiscal year 2013 will be summarized in the following paragraphs. 1) Change in Net Assets: (Page 3A) For the month of June, the net loss or the negative change in net assets was $639,814, decreasing the year to date net income to $1,795,622. The budgeted net income was $3,280,715 resulting in net income being under budget by $1,485,092 or 45.27 %. Actual fuel revenues exceeded fuel expenses by $339,443. 2) Revenues: (Page 11 B) Base revenues were under budget by $2,108,761 or 4.46 %. Base revenues were $45.2 million compared to the budgeted amount of $47.3 million. 3) Expenses: (Page 12A) • *Purchased power base expense was under budget by $1,984,783 or 6.6 %. Aetna purchased power base costs were $28.1 million compared to the budgeted amount of $30,1 million. *Operating and maintenance (O &M) expenses combined were over budget by $478,314 or 3.95 %. Actual O &M expenses were $12.6 million compared to the budgeted amount of $12.1 million. *Depreciation expense and voluntary payments to the "fowns were on budget. 4) Cash: (Page 9) *Operating Fund was at $10,651,851. • Capital Fund balance was at $2,733,146. • Rate Stabilization Fund was at $6,692,238. • Deferred Fuel Fund was at $2,609.487. • Energy Conservation Fund was at $319,021. 5) General Information: Kwh sales (Page 5) were 701,896,339 which is 15.9 million kwh or 2.3 %, ahead last year's actual figure. GAW revenues collected were $696,142, bringing the total collected since inception to $1,993,224 6) Budget Variance: Cumulatively, the live divisions were over budget by $854,724 or 4.37 %. ASSETS CURRENT UNRESTRICTED CASH RESTRICTED CASH RECEIVABLES, NET PREPAID EXPENSES INVENTORY TOTAL CURRENT ASSETS NONCURRENT INVESTMENT IN ASSOCIATED CO CAPITAL ASSETS, NET TOTAL NONCURRENT ASSETS TOTAL ASSETS TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUSINESS -TYPE PROPRIETARY FUND STATEMENT OF NET ASSETS 6/30/13 PREVIOUS YEAR CURRENT YEAR (SCH A P.9) 9,957,960.29 10,651,851.22 631,268.04 (SCH A P.9) 19,187,118.66 • 18,030,949.23 (SCH 8 P.10) 8,115,722.20 1,338,362.36 8,381,376.55 1,533,551.21 (EON 9 P.10) 762,930.57 691,444.96 1,495,336.70 1,569,029.60 3,131,522.31 ]9. 519.Ofi 8.42 1.982.915.76 39.324.651.56 3,131.522.31 (SCH C P.2) 61,574.36 36,774.35 (SON C P.2) 68,670,916.71 70,194,417.61 11.226.160.65 68,732,491.07 )0,231 191.96 LIABILITIES CURRENT ACCOUNTS PAYABLE CUSTOMER DEPOSITS CUSTOMER ADVANCES FOR CONSTRUCTION ACCRUED LIABILITIES TOTAL CURRENT LIABILITIES NONCURRENT ACCRUED EMPLOYEE COMPENSATED ABSENCES TOTAL NONCURRENT LIABILITIES TOTAL LIABILITIES NET ASSETS INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT RESTRICTED FOR DEPRECIATION POND (P.9) UNRESTRICTED TOTAL NET ASSETS (P.3) TOTAL LIABILITIES AND NET ASSETS 100,251.559.49 109.555,843.52 6,401,494.17 5,455,911.74 2,635,105.70 631,268.04 2,733,146.78 700,011.24 25,227,937.58 • 363,459.17 405,154.15 98.319.682.87 1,338,362.36 100.251,559.49 1,533,551.21 109.555.843.52 8.734.SB3.74 8.094.638.34 2,982,915.76 3,131,522.31 1.982.915.76 3,131.522.31 11.)1),499.50 11.226.160.65 68,670,916.71 70,194,417.61 2,635,105.70 2,733,146.78 25,227,937.58 25,402,118.48 96,514,059.99 98.319.682.87 100.251,559.49 109.555.843.52 • TORN OP READINO, NASSACNOSITTS MUNICIPAL LIGHT DEPARTMENT OPERATING REFEREES: (BCN E P.12) PURCHASED POWER BASE BUSIN888 -TYPE PROPRIETARY FORD 2,500,946.87 24,876,984.89 STATIMUNI OF RBVBNDBS, BYPENSBS AND CHANGES IN FUND NET ASSETS 96,534,059.99 PURCHASED PONRR FUEL 3,017,BO4.27 2,465.566.94 96.534,059.99 6/30/13 9B. 329.682. 33,305,373.44 1.66% -6.14% OPERATING 1,491,696.36 MONTE 962,032.09 MONTE 9,338,204.60 LAST YEAR 9,812,541.35 CURR9R YEAR TTD MAINTENANCE LAST YEAR CURRENT YEAR TO DATE 2,789,957.37 TO DATE CHANGE OPBRATINO REVENUES: (SC8 D P.11) -0.78% DEPRECIATION 396,027.41 305,469.23 3,552,339.58 BASE SENSUOUS 3,968,217.51 3.19% 3,515,132.61 VOLUNTARY PAY60WT9 TO TOWNS 44,840,877.02 45,308,358.29 0.82% 1.351 568.00 FUEL REVENUE 2,672,286.86 2,298,694.08 35,325,693.31 34,351,756.63 -3.76% PURCBA96D FORMS CAPACITY 122,271.09 (39,081.90) 3,203.09 1,138,193.86 35434.25% FORFEITED DISCOUNTS 71,536.76 42,577.74 900,930.15 931,639.26 3.30% ENERGY CONSERVATION REVENUE 73,343.05 53,531.51 630,594.39 685,480.70 9.7D% DAN REPEEIE 63,111.41 53,415.91 689,910.25 696,142.34 0.90% NYPA CREDIT (30.059.41) (17,574.39) (636,243.95) (706 940.49) 12.89% TOTAL OPERATING REVENUES 6,940,697.30 5,915. 696.56 81,764,964.26 82,394,530.69 0.65% OPERATING REFEREES: (BCN E P.12) PURCHASED POWER BASE 2,169,003.71 2,500,946.87 24,876,984.89 38,117,958.83 93,603,503.47 13.03% 96,534,059.99 PURCHASED PONRR FUEL 3,017,BO4.27 2,465.566.94 96.534,059.99 35,464,629.66 9B. 329.682. 33,305,373.44 1.66% -6.14% OPERATING 1,491,696.36 962,032.09 9,338,204.60 9,812,541.35 5.19% MAINTENANCE 259,758.60 275,416.47 2,789,957.37 2,768,330.90 -0.78% DEPRECIATION 396,027.41 305,469.23 3,552,339.58 3,665,630.20 3.19% VOLUNTARY PAY60WT9 TO TOWNS 112.382.00 126.517.00 1.351 568.00 1,375,900.00 1.90% TUT. OPERATING EXPENSES 7,336,671.25 6,645,948.59 77,363,674.10 79,045,634.70 2.15% OPERATINO INCOME (395,973.95) (730,152.03) 4,391.290.16 3,246,095.99 - 15.65% `/IRERATIRO REVENUES (EXPENSES) CONTRIBUTIONS IN AID OF CONST 879,587.27 791,969.92 934,552.81 946,040.41 93,603,503.47 1.23% 96,534,059.99 RETURN ON INVESTMENT TO READING (747,746.27) (693,100.33) 96.534,059.99 (2,769,913.53) 9B. 329.682. (2,769,741.73) 1.66% -0.01% INTEREST INCOME 11,569.09 4,794.14 88,704.74 36,938.72 - 58.36% INTEREST EXPENSE 5,774.19 2,725.50 (1,460.31) (1,145.29) - 21.57% DINER (MISS AND) AMORT) (15,923.09) (15,951.06) 297,303.64 334,634.77 12.56% TOTAL NONOPERATING REV (EXP) 133,211.19 90.436.17 (1.450.811.64) (1,453,273.11) 0.17% GRANGE IN NET ASSETS 1363,752.761 (639.813.86) 2,930,477.52 1,795,622.88 - 38.73% NET ASSETS AT BEGINNING OF YEAR 93,603,503.47 96,534,059.99 3.13% NET ASSETS AT EMB OF .NNE 96.534,059.99 9B. 329.682. 67 1.66% OPERATING EXPENSES: (SCH G P.12A) PURCHASED POWER BASE PURCHASED POWER FUEL OPERATING MAINTENANCE DEPRECIATION VOLUNTARY PAYM15[TS TO TOWNS TOTAL OPERATING EXPENSES OPERATING INCOME NONOPERATING REVENUES (EXPENSES) CONTRIBUTIONS IN AID OF CONST RETURN ON INVESTMENT TO READING INTEREST INCOME INTEREST EXPENSE OTHER (NDSE AND AMORT) TOTAL NONOPERATINO REV (EXP) CHANGE IN NET ASSETS NET ASSETS AT BEGINNING OF YEAR NET ASSETS AT END OF JUNE • ( ) + ACTUAL UNDER BUDGET 18,117,958.83 TOWN OF READING, MASSACHUSETTS 30,103,742.00 (1,984,783.17) -6.59% 33,305,373.44 MUNICIPAL LIGHT DEPARTMENT 30,500,000.00 (2,415,000.00) 3,005,373.44 (354,741.73) 9.20% 91811,541.25 BUSINESS -TYPE PROPRIETARY FUND 91400,061.00 412,480.25 • STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS (1,145.29) 65,833.98 (3,000.00) 2.44% 6/30/13 3,650,000.00 15,630.30 0.43% ACTUAL BUDGET 214,634.77 1.368.000.00 178.86% 4 (1.453.273.11) 0.58% YEAR TO DATE YEAR TO DATE VARIANCE` (55.273.11) CHANGE OPERATING REVENUES: (SCN P P.1181 BASE RSVENUB 45,208,238.29 47,317,020.00 12,108,761.71) -4.46% FUEL REVENUE 34,351,756.83 31,300,000.00 3,151,756.83 10.10% PURCHASED POWER CAPACITY 1,138,193.86 2,134,600.00 1996,406.14) - 46.68% FORFEITED DISCOUNTS 921,639.26 1,040,974.00 (119,334.74) -11.46% ENERGY CONSERVATION REVENUE 685,480.70 704,661.00 (19,100.30) -2.72% GAN REVENUE 696,142.24 704,660.00 (8,517.76) -1.21% NYPA CREDIT (706,940.49) (700. 000.00) (6,940 .49) 0.99% TOTAL OPERATING REVENUES $2,294,530.69 83,401,915.00 (107,364.31) -0.13% OPERATING EXPENSES: (SCH G P.12A) PURCHASED POWER BASE PURCHASED POWER FUEL OPERATING MAINTENANCE DEPRECIATION VOLUNTARY PAYM15[TS TO TOWNS TOTAL OPERATING EXPENSES OPERATING INCOME NONOPERATING REVENUES (EXPENSES) CONTRIBUTIONS IN AID OF CONST RETURN ON INVESTMENT TO READING INTEREST INCOME INTEREST EXPENSE OTHER (NDSE AND AMORT) TOTAL NONOPERATINO REV (EXP) CHANGE IN NET ASSETS NET ASSETS AT BEGINNING OF YEAR NET ASSETS AT END OF JUNE • ( ) + ACTUAL UNDER BUDGET 18,117,958.83 30,103,742.00 (1,984,783.17) -6.59% 33,305,373.44 (3,769,]41.]3) 30,500,000.00 (2,415,000.00) 3,005,373.44 (354,741.73) 9.20% 91811,541.25 91400,061.00 412,480.25 4.39% 2,768,330.98 - 63.06% 2,]02,39].00 (1,145.29) 65,833.98 (3,000.00) 2.44% 3,665,630.20 3,650,000.00 15,630.30 0.43% 1.375,900.00 214,634.77 1.368.000.00 178.86% - 7,900.00 (1.453.273.11) 0.58% 79,045,634.70 ]7,]23,200.00 1,312,434.70 1.70% 3,248,895.99 4,678,715.00 (1,439,819.01) - 30.56% • 946,040.42 8001000.00 146,040.42 18.26% (3,769,]41.]3) (2,415,000.00) (354,741.73) 14.69% 36,938.72 100,000.00 (63,061.28) - 63.06% (1,145.29) (3,000.00) 1,854.71 - 61.82% 334,634.77 120,000.00 214,634.77 178.86% (1.453.273.11) 11,398 D00 001 (55.273.11) 3.95% 1,]95.622.88 31380,715.00 (1,485,092.12) 96,534.059.99 96,534,059.99 0.00 90.339.683.8] 99.814.]]4.99 11.405.092.121 0.1 - 45.27% 0.00% 1.49% • G TOM OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SALES OF KILOWATT HOURS 6/30/13 111 NORTH NORTH LAST YEAR CURRENT YEAR YTD % SALES OR ELECTRICITY: LAST YEAR CURRENT YEAR TO DATE TO DATE CHANGE RESIDENTIAL SALES 19,752,189 20,601,162 247,978,766 257,311,708 3.76% CONN. AND INDUSTRIAL SALES 36,793,D64 35,716,215 407,234,398 413,298,040 1.49% PRIVATE STREET LIGHTING 72,793 73,415 877,001 879,850 0.32% TOTAL PRIVATE CONSUMERS 56,618.046 56.390,792 656.090.165 671.489.598 2.35% MUNICIPAL BALES: STREET LIGHTING 237,586 239,495 2,863,449 2,862,332 -0.04% MUNICIPAL BUILDINGS 796,277 761,996 9,536,656 9,862,410 3.42% TOTAL MUNICIPAL CONSUMERS 1.033.063 1.001.491 12.400,107 12.724,742 2.62% SALES FOR RESALE 279,759 287,709 3,239,961 3,259,299 0.60% SCHOOL 1,298,649 1,269,825 14,240,722 14,422,700 1.22% TOTAL KILOWATT HOURS SOLD 59.230,317 58.949.817 68 9978.955 701,896.339 2.32% 111 TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF CASH AND INVESTMENTS 6/30/13 UNRESTRICTED CASH CASH - OPERATING FUND CASH - PETTY CASH TOTAL UNRESTRICTED CASH RESTRICTED CASH CASH - DEPRECIATION FUND CASH - TOWN PAYMENT CASH - DEFERRED PURL RESERVE CASH - KATE STABILIZATION POND CASH - UNCOLLECTIBLB ACCTS RESERVE CASH - SICR LEAVE BENEFITS CASH - HAZARD WASTE RESERVE CASH - COSTOMS DEPOSITS CASH - ENERGY CONSERVATION CASH - OVER TOTAL RESTRICTED CASH TOTAL CASH BALANCE SCHEDULE A PREVIOUS YEAR CURRENT YEAR 91955,935.85 10,648,851.22 2,034.44 3,000.00 9.95'1.960.39 10.651,851.33 2,635,205.70 2,733,146.78 2,000,000.00 0.00 2,270,044.48 2,609,487.39 6,679,694.93 6.692,338.78 200,000.00 200,000.00 2,982,915.76 3,131,522.31 150,000.00 150,000.00 631,268.04 700,031.34 293,161.03 319,021.66 1,344,828.73 1,495,511.08 19,187,110.66 18.030.949.23 39.145,070.95 28,682,000.45 11 Ej TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF OPERATING REVENUE 6/30/13 SCHEDULE O SALES FOR NOHTR 98,200.20 MONTH 123,648.08 LAST YEAR 457,720.16 CURRENT YEAR YTO % HALER OF ELECTRICITY: LAST YEAR CURRANT YEAR TO DATE TO DATE CHANGE RESIDENTIAL SALES 2,572,008.33 2,421,270.90 32,376,072.60 122,271.09 32,701,963.02 (39,081.90) 1.01% 3,203.09 COMP RED INDUSTRIAL SALES 3,729,064.53 3,038,226.43 44,155,862.56 (301059.41) 43,250,135.99 (17,574.39) -2.05% (626,243.95) PRIVATE STREET LIGHTING 2,749.63 5,278.43 73,962.56 6.940,697.30 70,106.40 -5.08% TOTAL PRIVATE CONSUMERS 6.303,892.49 5.464,775.76 76.605,897.72 5,915,696.56 76.022.304 41 -0.76% 82.294.530.69 MUNICIPAL SALES: STREET LIGHTING 17,384.84 25,639.75 357,668.44 337,058.62 -5.76% MUNICIPAL BUILDINGS 87,739.00 79,742.46 1,130,809.67 1,124,561.87 -1.25% TOTAL MUNICIPAL CONSUMERS 105.123.84 105. 382.21 1,496.478 11. 1,461,620.49 -2.33% SALES FOR RESALE 98,200.20 5,823,826.69 123,648.08 80,166,570.33 457,720.16 79,560,015.12 476,102.93 -0.76% 4.02% FORFEITED OISCOUNTS SCHOOL 133,207.84 130,020.64 1,606,474.34 1,599,987.29 -0.40% 122,271.09 SOB -TOTAL 6,640,504.37 5,823,826.69 80,166,570.33 79,560,015.12 -0.76% FORFEITED OISCOUNTS 71,526.78 42,577.74 900,930.15 911,639.26 1.30% PURCHASED POWER CAPACITY 122,271.09 (39,081.90) 3,203.09 1,138,193.86 35434.25% ENERGY CONSERVATION - RESIDENTIAL 26,074.42 19,921.37 230,978.28 256,789.26 11.17% ENERGY CONSERVATION - COMMERCIAL 47,268.63 31,611.14 399,616.11 426,691.44 7.28% GAM REVENUE 63,111.42 53,415.91 689,910.25 696,142.24 0.90% NVPA CREDIT (301059.41) (17,574.39) (626,243.95) (706,940.49) 12.89% TOTAL REVENUE 6.940,697.30 0.65% 5,915,696.56 81.764.964.26 82.294.530.69 SALES OF ELECTRICITY: RESIDENTIAL COMM AND INDUSTRIAL SALES PRIVATE STREET LIGHTING HIM TCIPAL BUILDINGS PUBLIC STREET LIGHTING SALES FOR RESALE SCHOOL TOTAL BASE SALES TOTAL FUEL SALES TOTAL OPERATING REVENUE FORFEITED DISCOUNTS PURCHASED PONSR CAPACITY ENERGY CONSERVATION - RESIDENTIAL ENERGY CONSERVATION - COMMERCIAL DAN REVENUE NYPA CREDIT TOTAL OPERATING REVENUES 1 I • ACTUAL ORDER BUDGET TONS OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUDGETED REVENUE VARIANCE REPORT 6/30/13 SCHEDULE P • ACTUAL BUDGET % YEAR TO DATE YEAR TO DATE VARIANCE • CM1106 20,030,704.54 20,690,242.00 (659,537.46) -3.19% 23,803,431.30 25,255,302.00 (1,451,800.901 -5.75% 195,783.23 202,044.00 (6,260.77) -3.10% 293,721.58 273,209.00 20,512.58 7.53% 884.617.64 896.223 00 (11,605,36) -1.29% 45,200,250.29 47,317,020.00 (2,108,761.71) -4.46% 34,351.756.83 31.200,000.00 3,151,756.93 10.10% 79,560,015.12 70,517,020.00 1,042,995.12 1.33% • 921,639.26 1,040,974.00 (119,334.74) - 11.46% 1,138,193.86 2,134,600.00 (996,406.14) - 46.68% 256,789.26 255,075.00 1,714.26 0.67% 420.691.44 449,586.00 (20,894.56) -4.65% 696,142.24 704,660.00 (8.517.76) -1.21% (706,940.49) (700,000.00) (6,940.49) 0.99% -0.13% 82,294,530.69 81.401.915.00 110 >,384.31) I11A1 • TOW OF READING, NASSACHUSSTTS MUNICIPAL LIGHT DBPART6ffiNS SCHEDULE OF OPERATING EXPENSES 6/30/13 SCHEDULE 6 PIRCEAEBD PONBR FUEL EXPENSE VOLUNTARY PAMENTS TO TOWS TOTAL OPERATING EXPENSES G 3,017,804.27 2,665.566.94 35,484,629.66 33,305,373.44 -6.14% 112.382.00 128,517.00 1,351,568.00 1,375,900.00 1.60% ].336.6]1.25 6,645,946.59 7],383,674.10 79.045,614.70 2.15% MONTR NORTH LAST YEAR CURRENT YEAR YTD % OPERATION EXPENSES: LAST YEAR it IIEMNANCE EXPENSES: CURRENT YEAR TO DATE TO OATS CBANGE PURCHASED PONER BASE EXPENSE 2.169 002.]1 2.508.966.8] MAINS OP TRANSMISSION PLANT 24.876,984.89 28,117.958.83 13.03% OPERATION SUP AND ENGINEERING ESP 38,]26.93 0.00% 37,936.83 NAIN9 OF STRICT AND EQUIPNT 512,405.47 503,570.32 -1.72% STATION SUP LABOR AND MISC 6,356.63 - 35.46% ],]80.20 NAIHT OF LIMES - ON 110,505.93 76,028.]] - 31.20% LINE MISC LABOR AND EXPENSE 61,000.95 -4.72% 56,260.04 NAIN7 OF LINES - US 704,157.68 699,667.87 -0.64% STATION LABOR AND EXPENSE 33,790.24 -1.22% 31,127.56 SAINT OF LINE TRAN8PORKERS 459,683.42 478,286.82 4.05% STREET LIGHTING EXPENSE 7,288.69 162.67% 4,285.24 MAINT OF ST IT 6 SIG SYSTEM 117,220.36 75,447.82 - 35.64% ENTER EXPENSE 13,993.65 - 64.42% 16.423.29 MAINT OP GARAGE AND STOCKROOM 232.324.46 167,86].]9 - 19.14% MISC DISTRIBUTION EXPENSE 37,578.91 9.34% 33,798.82 PAINT OF FIFTEEN 349.937.87 351,642.28 0.498 NESER READING LABOR A EXPENSE 6,003.62 - 45.23% 3,138.19 MAINT OP GEN PLANT 90.457.24 ]4.]51.62 - 17.36% ACCT 6 COLL LABOR 6 EXPENSE 107,171.10 34.61% 123,938.94 TOTAL MAINTENANCE EXPENSES 1,413,955.12 1,491.101.81 5.46% URCOLLECIIBLE ACCOUNTS (72,104.21) -0.78% (53,746.53) 103,895.79 37.920.10 - 63.50% BEIRUT AUDIT EXPENSE 45,514.78 296,027.41 54,942.17 305,469.22 447,682.76 3,552,329.58 552,916.45 3,665,630.20 23.51% 3.19% ADMIN A GEN SALARIES 49,796.63 74,263.43 747,309.18 768.267.64 2.81% OFFICE SUPPLIES 6 EXPENSE 34,605.73 39,650.15 23],26].70 376,073.87 16.36% OUTSIDE SERVICES 120,505.12 146,947.55 481,157.74 633,341.56 31.63% PROPERTY INSURANCE 31,678.42 29,925.95 386,560.47 369,873.38 -4.32% INJURIES AND DAMAGES 13,332.46 4,581.21 35,229.58 45,691.97 29.70% EMPLOYEES PENSIONS A BENEFITS 881,705.42 297,063.13 2,026,625.65 2,174,071.12 7.26% MISC GENERAL EXPENSE 9,583.33 9,552.31 166,650.35 159,956.74 -4.02% REST EXPENSE 12,864.36 612.61 196,756.19 196,422.65 -0.17% ENERGY CONSERVATION 42,303.30 52.750.00 508,221.64 659,620.07 29.79% TOTAL OPERATION EXPENSES 1.481.696.26 962.032 09 B,329,204.60 9.B13 541 25 5.19% PIRCEAEBD PONBR FUEL EXPENSE VOLUNTARY PAMENTS TO TOWS TOTAL OPERATING EXPENSES G 3,017,804.27 2,665.566.94 35,484,629.66 33,305,373.44 -6.14% 112.382.00 128,517.00 1,351,568.00 1,375,900.00 1.60% ].336.6]1.25 6,645,946.59 7],383,674.10 79.045,614.70 2.15% it IIEMNANCE EXPENSES: MAINS OP TRANSMISSION PLANT 227.10 227.10 2,725.00 2,725.00 0.00% NAIN9 OF STRICT AND EQUIPNT 4,942.27 11,061.00 219,062.68 141,376.24 - 35.46% NAIHT OF LIMES - ON 157,916.17 155,538.27 1,617,433.33 1,541,147.42 -4.72% NAIN7 OF LINES - US 40,044.45 31,966.71 207,203.54 204,673.71 -1.22% SAINT OF LINE TRAN8PORKERS ],89].13 10,547.92 55,340.74 145,386.32 162.67% MAINT OF ST IT 6 SIG SYSTEM 14.53 (20.08) (346.851 (133.41) - 64.42% MAINT OP GARAGE AND STOCKROOM 43,055.71 53,818.24 522,478.89 571,295.51 9.34% PAINT OF FIFTEEN 2,981.81 3,504.32 77,591.67 42.496.14 - 45.23% MAINT OP GEN PLANT 2,679.43 8,772.99 88,460.17 119,256.04 34.61% TOTAL MAINTENANCE EXPENSES 259.758.60 275.416.47 2.]69,95].37 2.768,230.98 -0.78% DEPRECIATION EXPENSE 296,027.41 305,469.22 3,552,329.58 3,665,630.20 3.19% PIRCEAEBD PONBR FUEL EXPENSE VOLUNTARY PAMENTS TO TOWS TOTAL OPERATING EXPENSES G 3,017,804.27 2,665.566.94 35,484,629.66 33,305,373.44 -6.14% 112.382.00 128,517.00 1,351,568.00 1,375,900.00 1.60% ].336.6]1.25 6,645,946.59 7],383,674.10 79.045,614.70 2.15% TOM OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT BUDGETED OPERATING EXPENSE VARIANCE REPORT 6/30/13 SCHEDULE G MAINTENANCE EXPENSES MAINT OF TRANSMISSION PLANT ACTUAL AUGUST (275.00) -9.17% % OPERATION EXPENSES: YEAR TO DATE YEAR TO DATE VARIANCE • CHANGE PURCHASED POWER BASE EXPENSE ]B.11i .958.83 23.88% 10.102.14].00 MAIM OF LINES - ON 1,541,147.42 -6.59% (1,984,783.17) 23.25% MAINT OF LINES - UG OPERATION SUP AND ENGINEERING EXP 503,570.32 285,372.00 468,950.00 (80,698.29) 34,620.32 - 28.28% 7.38% MAIM OF LINE TRANSFORMER STATION SUP LABOR AND NISC 76,028.11 168,500.00 79,813.00 (43,113.68) (3,784.23) - 22.87% -4.74% MAINT OF ST IT A SIG SYSTEM LINE MISC LABOR AND EXPENSE 699,667.87 91680.00 671,311.00 (9,803.41) 28,356.87 - 101.27% 4.22% MAINT OF GARAGE AND STOCKROOM STATION LABOR AND EXPENSE 418,286.82 672,591.00 448,246.00 (101,295.48) 30,040.82 - 15.06% 6.70% MINT OF MIXES STREET LIGHTING EXPENSE 75,447.82 47,394.00 83,106.00 (4,897.86) (71658.18) - 10.33% -9.21% MAINT OF GEN PLANT MIER EXPENSE 167,867.79 131,320.00 197,328.00 (12,063.96) (9,460.21) -9.19% -4.79% TOTAL MAINTENANCE EXPENSES RISC DISTRIBUTION EXPENSE 351,642.20 366,492.00 (14,849.72) 2.44% -4.05% ].703,397.00 NETER READING LABOR c EXPENSE 74,751.62 69,946.00 4,805.62 DEPRECIATION EXPENSE 6.87% ACCT 6 CULL LABOR 6 EXPENSE 1,491,101.81 15,630.20 1,365,206.00 0.43% 105,895.81 PURCHASED POWER FUEL EXPENSE 7.64% UNCOLLECTIBLE ACCOUNTS 37,920.10 2,805,373.44 99,996.00 9.20% (62,075.90) VOLUNTARY PAYMENTS TO TOWNS - 62.00% ENERGY AUDIT EXPENSE 552,916.45 7,900.00 479,010.00 0.58% 73,906.45 TOTAL OPERATING EXPENSES 15.43% A()NIN 6 GEN SALARIES 768,287.64 761.071.00 1.70% 7,216.64 79,045.634.70 0.95% 1.322.434.70 OFFICE SUPPLIES A EXPENSE 276,073.87 253,950.00 22,123.87 8.71% OUTSIDE SERVICES 633,341.56 507,125.00 126.216.$6 24.89% PROPERTY INSURANCE 369,873.38 471,500.00 (101,626.62) - 21.55% INJURIES AND DAMAGES 45,691.97 56,619.00 )10,927.03) - 19.30% EMPLOYEES PENSIONS 6 BENEFITS 2,174,071.72 1,889,623.00 284,448.72 15.05% MISC GENERAL EXPENSE 159,956.74 200,784.00 (40,827.26) - 20.33% RENT EXPENSE 196,422.65 212.000.00 (15,577.35) -7.35% ENERGY CONSERVATION 659,620.07 697,985.00 (38,364.93) -5.50% TOTAL OPERATION EXPENSES 9.812.541.25 9,{00.061.00 4.39% 412.480.25 MAINTENANCE EXPENSES MAINT OF TRANSMISSION PLANT 2,725.00 3,000.00 (275.00) -9.17% MAINT OF STRUCT AND EQUIPMENT 141,374.24 114,120.00 27,254.24 23.88% MAIM OF LINES - ON 1,541,147.42 1,250,420.00 290,727.42 23.25% MAINT OF LINES - UG 204,673.71 285,372.00 (80,698.29) - 28.28% MAIM OF LINE TRANSFORMER 145,386.32 168,500.00 (43,113.68) - 22.87% MAINT OF ST IT A SIG SYSTEM (123.41) 91680.00 (9,803.41) - 101.27% MAINT OF GARAGE AND STOCKROOM 571,295.52 672,591.00 (101,295.48) - 15.06% MINT OF MIXES 42,496.14 47,394.00 (4,897.86) - 10.33% MAINT OF GEN PLANT 119,256.04 131,320.00 (12,063.96) -9.19% TOTAL MAINTENANCE EXPENSES 3,768.3]0.98 2.44% ].703,397.00 65.833.98 DEPRECIATION EXPENSE 3,665.63D.20 31650,000.00 15,630.20 0.43% PURCHASED POWER FUEL EXPENSE 33,305,373.44 30,500,000.00 2,805,373.44 9.20% VOLUNTARY PAYMENTS TO TOWNS 1,375.900.00 11368,000.00 7,900.00 0.58% TOTAL OPERATING EXPENSES 1.70% 79,045.634.70 1.322.434.70 ( ) • ACTUAL UNDER BUDGET 113.1 FE CJ • PROFESSIONAL SERVICES BY PROJECT ITN OBPMTNENT ACTUAL BOUGHT VARIABCS 1 HELD AND PENSION MUST AUDIT PEES TOME OF READING, MASSACHUSETTS 33,750.00 MUNICIPAL LIGHT DEPARTMENT 33,350.00 'HUMAN ZONAL SERVICES 500.00 6/30 /3011 PROFESSIONAL SERVICES BY PROJECT ITN OBPMTNENT ACTUAL BOUGHT VARIABCS 1 HELD AND PENSION MUST AUDIT PEES ACCOUNTING 33,750.00 33,350.00 CHOATE HALL A STENMT 500.00 3 PENSION ACTOMIAL EVALUATION ACCOUNTING 3,750.00 ROBIN AND AUTUMN 1.675.00 3,275.00 33,500.00 3 LEGAL- PERC /ISO ISSUES ENERGY BERVICB 0.00 18,000.00 16.185.55 (18,000.00) UTILITY SERVICES INC. 6 LEGAL- POEM SUPPLY ISSUES ENERGY SERVICE 69.863.10 7,609.05 65.000.00 CMREC 36,663.10 5 PROFESSIONAL SERVICES ENERGY SERVICE 9,939.80 NILLIM 1. CROMLEY ATTORNEY 36.000.00 (16.060.30) 31750.00 6 NERC COMPLIANCE HAD AUDIT E A O 15,003.50 15,000.00 2,812.00 03.50 RICHARD STUDIES ARBITRATOR T LOAD CAPACITY STUDY ENGINEERING 0.00 2,530.91 15,000.00 GUSHING, JAMNALLO R HH88LEN (15.000.00) 8 ATOM HARDENING STUDY ENGINEERING 0.00 SHEMIM TALNADOM ARE ITMTOR 50,000.00 (50,000.00) 1,732.50 9 LEGAL - GENERA]., WNEC AUDIT GH 113,597.33 150.000.00 6]l.]L1 33,597.33 10 LEGAL SERVICES - GENERAL M 156,761.83 56.600.00 100,161.83 11 LEGAL BERVICBS- NEGOTIATIONS HR 85,075.66 36,800.00 69.075.66 13 LEGAL GENERAL BLDG. MAIN). 10.300.90 1,500.00 81800.90 13 SURVEY RIGHT OF NAY BLDG. HAIM. 0.00 51000.00 (5.000.00) 16 ENVIROIMBNTAL BLDG. MAIM. 61000.00 51000.00 11000.00 15 ENGINEERING SERVICES BLDG. NAINP. 16,118.05 8.500.00 51610.05 16 REPAIR AMP AND DECK MM BLDG. MAIM. 0.00 30.000.00 (30.000.00) 17 INSURANCE CONSULTANT OM. BENEFIT 0.00 91996.00 (91996.00) 18 LEGAL DEN. BENEFIT 1,736.20 5.006.00 (3.379.80) 19 SITE ASSBBSMNT FOR NASOA UP.. ACCOUNTING 3,056.37 0.00 3,056.37 30 GENERAL BANKRUPTCY ACCOUNTING 3,119.56 0.00 3,119.56 31 EXECUTIVE MARACA- GM ON 36.060.00 0.00 36,060.00 33 IRA BASIC CLIENT SERVICE ENGINEERING 625.00 0.00 635.00 33 STORAGE FACILITY BLDG. MINT. 31800.00 0.00 3,8DO.00 36 SAFETY SOLUTIONS HiGIMEAiNC 7.609.03 OAO 7.609.05 35 MEMO COMMUNICATION FIRM BLDG. MINT. 3,360.25 0.00 2,366.35 TOTAL 6T.�61.4 •07.135 OO 136 316. 6 PROFESSIONAL SERVICES BY VKHOOR ACTUAL CHOATE HALL A STENMT 119,980.85 OONCAN A ALLEN 163,999.32 ROBIN AND AUTUMN 122,126.89 MLM9ON EARTH A COMPANY 33,500.00 DACRI A ASSOCIATES LLC 26,500.00 HENDERS TOMMY A SPENCER 16.185.55 UTILITY SERVICES INC. 15.082.50 MINMS UTILITY SAFETY SOLUTIONS 7,609.05 CMREC 7,066.00 ECHO 61000.00 NILLIM 1. CROMLEY ATTORNEY 3,955.56 STORE CONSULTING INC. 31750.00 HUDSON RIVER BEIRUT GROUP 21895.80 GREAT MOTHER ARBITRATOR 2,812.00 RICHARD STUDIES ARBITRATOR 2.710.00 MICHAEL SRO" ARRITMTOR 2,530.91 GUSHING, JAMNALLO R HH88LEN 2,368.25 COGSOALM 2,056.27 SHEMIM TALNADOM ARE ITMTOR 1,871.00 JM A950CIAT69 1,732.50 COBLE ENGINEERING 625.00 TOTAL 6]l.]L1 56 (13) DIVISION ENGINEERING AND OPERATIONS ENERGY SERVICES GENERAL MANAGER FACILITY MANAGER BUSINESS DIVISION SUB -TOTAL PURCHASED POWER - BASE PURCHASED POWER - FUEL TOTAL RNLD BUDGET VARIANCE REPORT FOR PERIOD ENDING JUNE 30, 2013 ACTUAL BUDGET VARIANCE 4,363,087 4,199,712 163,375 1,293,640 1,264,496 29,144 1,027,331 864,461 162,870 3,897,545 3,838,762 58,784 9,811,585 9,371,033 440,551 20,393,187 19,538,464 854,724 Fm CHANGE 3.899 2.309 18.849 1.539 4.709 4.379 28,117,959 30,102,742 (1,984,783) -6.59% 33,305,373 30,500,000 2,805,373 9.209 2.099 81,816,520 80,141,206 1,675,314 ,v Em M �-j 0 ! §�| ; � § ! ; ,t ,, !| ;§, : � | �■ , )\ 8 \ §| )� 01 ( !\ �( �) E! ,! .!_ at _� , ... !, ■ .., | ,,_ § ,- -!- °at -!- ,! .!_ at ,- |; ., ! §(§ .., | ,,_ t�) ,- -!- °at -!- |; § |; ) | i || ■ |` �• .� ., ! at .., | ,,_ t�) an t. -| ■ |` �• � )| at ,!! 28 ;#| § ;a| ,; # ., ! at .., . S= ,,_ .,t an t. -| |!� � )| at ,!! 28 ;#| !! || •|, ,.! ! .,! at -•t -,f ,£ l,,. ) > §) § ■( §`) § |� |! !iI; Worn: Kevin Sullivan Sent Tuesday, May 28, 2013 8:31 AM To: RMLD Board Members Group Cc: Jeanne For Subject: FW: Account Payable Questions - May 24 Below are the answers to the A/P questions received this week. Reading Municipal Light Department Interim General Manager From: Jeanne Fotl Sent: Tuesday, May 28, 2013 6:27 AM To: Kevin Sullivan Subject: Account Payable Questions - May 24 Stempeck 1. Office Paper Recovery System — Is this solar array up & running? Response: Office Paper Recovery's solar array is up and running. Signed off by wire inspector on May 14, 2013 2. JCM Realty— Is it common practice for renter's to pay real estate taxes?— Not included in the rent?? Response: The lease agreement states that RMLD will pay for 26% of the Real Estate taxes, see agreement dated 7/15/94 section "RENT" listing RMLD's financial responsibilities. 3. Sullivan - $400+per tire? Specialized? 4. Response: These tires are for one of the line trucks and cost more than a Lire for a standard vehicle. Sullivan tire is on the State bidders list meaning the state has negotiated competitive pricing which we leverage. Jeanne Foti Reading Municipal Light Department Executive Assistant 230 Ash Street Reading, MA 01867 781- 942 -6434 Phone 781 - 942.2409 Fax 0 s consider the environment before printing this e-mail. Jeanne Foti From: Coleen O'Brien Sent: Monday, July 22, 2013 12:02 PM To: RMLD Board Members Group Cc Kevin Sullivan; Bob Fournier, Jeanne Foti Subject: FW: Account Payable Questions - July 19 Attachments: Visual Paradigm Customer Listing.pdf; Kevin E -Mail to Commissioner Soli - AP.pdf Good morning Commission Members: The following are the Accounts Payable questions submitted by Commissioner Soli: 1. Visual /Paradigm — The worrywart In me asks "Are we sure that this is in no way connected w. the Chinese army? Also— no C. (YBrien signatures. Visual Paradigm International Ltd. is a software company that creates business process modeling software. The RMLD MIS department uses Logizian Business Analyst and Teamwork Server. The invoice reflects the software license and one (1) year support. h>t�• / /www visual - paradigm com /product /?favor =lz Attached, please find a listing of Visual Paradigm's Selected Users List which includes such federal government agencieso as the U.S. Department of Energy Nevada Site Office, United States Department of Agriculture, United States Navy and US Army. Other Fortune 500 companies are listed as users as well. Please refer to item 2 regarding no signatures by Coleen. 2. In general, very few invoices were signed by C. O'Brien. It's be nice If Commissioners were Informed about alternate signers. Kevin Sullivan and I went over the Accounts Payable this first week to familiarize me with the logistics of the process and the vendors. Kevin had performed the majority of the review as part of the Interim to GM transition process. Unless I am at an off -site meeting, you can expect that I will sign all of the AP moving forward, otherwise Kevin or Jane will sign in my absence, which I believe is how the process had been covered in the past if Vinnie was off -site. It is the policy of RMLD to notify the signatory Commissioner and the Reading Town Manager of any signature changes. An email notification was sent to the respectable parties on Friday at 1:11pm; perhaps it was just a matter of timing on opening emails. Thank you, COIRe w M. 0'13 rtew General Manager Reading Municipal Light Department • 230 Ash Street Reading, MA 01867 (781) 942 -6415 - H 11 Visual Paradigm Selected Users List Selected Users List 5» Mro ae,..W N.uM Pw.yy�Y. P.wM1rO. ' IG•wnn0 d.xMl OFIn Irti, NNu ' MveOn CMpd.Nn • /y(N InC MINC Mmryw.ltl Nemnm In Cw M`n MSdrvMry UCMI ' /SUSTNCw w ATSTMIMw15.� A.. anEN • NYwMC04 PmaMiry. Mt.IbPl • B.nna NoOM e..esv..rl, In. SNP Nftn SmYq • Cms. MNa. u.Mnq C.IMM' Cron$ .— I- Cw.prMS .Mc .MnICSCI Cna W. Co'..b..6 cwrgny o.Pm EI.[Yni 0. f. C,.M1EM, EMC CnpnWn Eun»n M»WMONNwnESM-CI nP NV.I w091 FiIWKMIFryN.L IM. FN�YL fYm FMIW SM—. Cwrpulen Gamy AMMM A C.u, Iw M.w mNlq»u W.MCnM. XprAi CbEM SUrWe IMnabW. Nvq Nwq Nyp.MhI1KnN XoW Npq ww.nv o.wl.r.n w MN CN . Inwnne .V PrWMem uMr.Mry LOCNNi M.. C.ryN.o. LWMCC/I M WNWeN ln4b4 N'eN.Maq MCI N MCI Mn .5/ .... Af .. III. Cwmnel INNCI NM'anellnY4le MMNM IHIXI N.. SYIM .C'. Nm YYMn w.w.glrn Cw d NCR Cw .. NMYVF SMCL EMN.W. GwM N. N. Cn.nnn Cw .w INCCI Gne en..n. Pxnw» CwwYbn vIwXSG «nd. R. CO, Ltl .q .... 0 TMMMWY. 5/n4n RSA 9.1 Mc. SnMb N.Ian. L.... SM SAS IMMUY. Mc. SM IMNnaOIW.lrc. x.nM. x »Ww S.W.. TYIn " sle..n.b 9aYn, Inc Sorry J.pn x.rer,a Sun Mkm %.I.m. 9xq»CWOm. $Ymm.c COrvw.tim 9Y.RM Ar.DS 9yuwn.Ltl TM MITRE CWp w T.. C.,- TWb Tops. v . C.. U S. NIM. N E.. M.wd. S..011lw USS U.M Sltln CMM .nMMyxvlMn UnINU M.pcn. FMnyxtvk Cn•I.Im w. Cl—. CNW. U.Mrery MI... M VMrI.CMmp.pl us M YERRAS '.MVIpnIMNn'Te. Y /wM a" GMUP Fam. Cw M- http: / /www.cisual- paradigm .com /aboutuv userlist.jsp Page I of 2 S—. Ab IUS N. R'M- n4W M. P—d, J—v L. T... rn.a Fb sx.MW P.M.. Ra »lr Palnw a.Mrrle vn.mw Rnvp CerMr Pwinee. T.,Nn.aw vn »n 0 NO PAGE 2 7/222013 Jeanne Foti • From: Kevin Sullivan Sent: Friday, July 19, 2013 1:11 PM To: Bob Soli; LeLacheur, Bob (blelacheur@ci.reading.ma.us) Cc: Coleen O'Brien; Jeanne Fob Subject This week's A/P In this week's A/P, you will see signatures from Coleen and 1 on the Invoices and Coleen has signed all warrants. Thank you, Reading Municipal Light Department Engineering & Operations Manager • • Jeanne Foti rom: Coleen O'Brien Sent: Wednesday, July 17, 2013 2:05 PM To: RMLD Board Members Group Cr Kevin Sullivan; Jeanne Foil; Bob Fournier Subject: FW: Payroll Question - July 15 Good afternoon Commission Members: Vice Chairman Pacino requested verification of hours and rates for the sick leave buy -back on Mr. Cameron and Mr. Bilicki. The hours and rates have been verified and are accurate as presented with the payroll warrant. Thank you, C&"Yt/ M. O'BrCe+v General Manager Reading Municipal Light Department 230 Ash Street Reading, MA 01867 (781) 942 -6415 E Fro Sett: Tuesday, July 16, 2013 7:08 AM To: Coleen O'Brien Subject: Payroll Question - )uly 15 Pacino 1. Sick Leave Buyback — Cameron / Bilicki has hours +rate been verified?? Jeanne Foti Reading Municipal Light Department Executive Assistant 230 Ash Street Reading, MA 01867 ��7,,8ggii1- 942 -6434 Phone - 942 -2409 Fax ease consider the environment before printing this e-mail. Jeanne Foti From: Coleen O'Brien 1W Sent: Tuesday, July 30, 2013 7:36 AM To: RMLD Board Members Group Cc Jeanne Foti; Bob Fournier, Patricia Mellino Subject: FW: Account Payable Question - July 26 Good evening Commissioner Members: 1. Based on RMLD actual meter data for these two residents, one uses historically 2500 - 3000 KWH per month during the summer months and the other near 750 -1000 KWH. Therefore, the usage is appropriate. The National Grid billing period is 33 days, and when the exact billing dates (excluding exact time of day) were queried in the RMLD system, the bills reconciled to within a couple percent of the 4584 KWH. From: Jeanne Fob Sent: Friday, July 26, 2013 3:36 PM To: Coleen O'Brien Subject: Account Payable Question - July 26 Soli 1. Nat'l Grid— If this is for only 2 residences, isn't 4584 KWH a kit SrJun 7 —Jul 10. Jeanne Foti _.._Reading Municipal Light Department Executive Assistant 230 Ash Street Reading, MA 01867 781 - 942 -6434 Phone 781- 942 -2409 Fax Please consider the environment before printing this e-mail. • • Jeanne Foti _,. -rorm Jeanne Foti Sent Tuesday, August 06, 2013 8:09 AM To•. RMLD Board Members Group Subject Account Payable Warrant and Payroll - No Questions Good morning. In an effort to save paper, the following timeframes had no Account Payable Warrant and Payroll questions. This e-mail will be printed for the Board Book for the RMLD Board meeting on August 14, 2013. Where there were Account Payable and Payroll questions those will be printed for the Board Book which has been done in the past. Account Payable Warrant— No Questions May 31, June 7, June 14, June 21, June 28, July 5, July 12, August 2 Payroll — No Questions June 3, June 17, July 1, July 29 Jeanne Foti Reading Municipal Light Department Executive Assistant 230 Ash Street Reading, MA 01867 781 - 942 -6434 Phone 781- 942 -2409 Fax Please consider the environment before printing this e-mail. A