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HomeMy WebLinkAbout2017-01-31 RMLD Board of Commissioners MinutesTown of Reading Meeting Minutes Board - Committee - Commission - Council: RMLD Board of Commissioners Date: 01-31-2017 Time: 7:30 PM Building: Reading Municipal Light Building Address: 230 Ash Street Purpose: General business. Attendees: Members - Present: RECEIVED TOWN CLERK READING. MASS. 1011 AUG 21 P 2 A 1 Location: Winfred Spurr Audio Visual Room Session: Open Session Version: Final Thomas O'Rourke, Chairman, Philip Pacino, Vice Chair, David Talbot, Secretary Pro Tem, John Stempeck, Commissioner, Dave Hennessy, Commissioner Members - Not Present: Others Present: Coleen O'Brien, Wendy Markiewicz, Hamid Jaffari, Tracy Schultz, Jane Parenteau, Katie Mahan Attorney, Christopher Pollart Minutes Respectfully Submitted By: Philip B. Pacino, RMLD Board Chairman Topics of Discussion: Call Meeting to Order Chairman O'Rourke called the meeting to order, noted that it is the first Board meeting of the 2017 calendar year, and announced that, due to technical limitations, the meeting is only a live broadcast in the Town of Reading. However, the meeting is also being videotaped for distribution at community television stations in North Reading, Wilmington and Lynnfield. Opening Remarks Chairman O'Rourke read the RMLD Board of Commissioners' Code of Conduct and began by offering the Board's condolences on the passing of former Commission member, Frederick J. Nemergut. Mr. Pacino said that Mr. Nemergut was on the Board when he joined in 1986. Mr. Nemergut served on the Board from 1986 to 1987 and was a valuable member, from whom he learned a lot. Mr. Pacino stated that Mr. Nemergut was in the energy field where he worked with municipals. In those days, the Board was referred to as 'Dream Team' because each member had a distinct strength that they brought and they all meshed well together. Chairman O'Rourke noted that Dennis Kelley had been expected to represent the Citizens' Advisory Board, but had not yet arrived. Chairman O'Rourke asked Mr. Talbot to serve as Board Secretary, to which Mr. Talbot agreed. There was no public comment, and no Citizens' Advisory Board meeting in December. Mr. Stempeck commented that Neil Cohen had recently been appointed to the vacant Reading spot on the Citizens' Advisory Board. Chairman O'Rourke announced that some members of the Board would be sending a final communication to NEPPA in regards to their having a climate change denier speak at their last conference. Mr. Talbot thanked the Board for taking a stance on such an important issue. Report of the Committee General Manager Committee — Chairman O'Rourke Chairman O'Rourke began by stating that it is the responsibility of the Board to review the General Manager's contract. Ms. O'Brien joined RMLD in 2013 and her contract needed to be updated. Page 1 1 Report of the Committee General Manager Committee — Chairman O'Rourke Attorney Pollart's, modifications have been made that protect both the RMLD and Ms. O'Brien. Many of the changes were to wording and language and tightened up the document. However, there were a handful of substantive changes which Chairman O'Rourke invited Attorney Pollart to explain. Attorney Pollart stated that the clarity and readability of the contract have been improved. Substantive changes that were made were the addition of a car allowance, which grants the General Manager the option to receive a car allowance or to have RMLD provide a car. The notice period required for termination due to convenience was changed to 60 days for the General Manager and the Board. It was previously 30 days for the Board and six months for the General Manager. ICMA contribution was increased from three to four percent, which is consistent with other employees, and instead of the RMLD providing life insurance, Ms. O'Brien will be annually reimbursed $520 to maintain a policy worth two times her salary. Attorney Pollart then asked if there were any questions. In the absence of any questions, Chairman O'Rourke briefly explained that the General Manager's Committee met earlier in the evening to look over the updated contract and then summarized the changes that were agreed upon to be presented to the Board for approval: 1. Non -substantive changes to language that improves readability and provide clarification; 2. Including the car allowance that was voted and approved last year, also providing for compensation of mileage outside of the service territory, with Board approval; 3. Changing the noticing period for the RMLD and the General Manager to 60 days in the event that either decides to terminate the contract prior to its expiration; 4. Increase the ICMA contribution to four percent to be consistent with other RMLD employees; and 5. Annually compensating the General Manger $520 to obtain and maintain a life insurance policy two times her yearly salary, which she will be responsible for submitting for expense reimbursement and also paying applicable taxes on. Mr. Pacino made a motion, seconded by Mr. Stempeck, that the Board of Commissioners accept the changes to the General Manager's contract, with the changes to incorporate the items that the Chairman just listed. Motion carried 5:0:0. Chairman O'Rourke concluded that the Board wants to ensure that the contract is current, enforceable, and fair, as well as being competitive so as to attract the best talent currently and in the future. Mr. Pacino added that he was not at the last meeting, but he 100 percent agrees with the comments of the other Commissioners in regards to Ms. O'Brien's performance. Policy Committee -Mr. Hennessy Mr. Hennessy stated that the Policy Committee voted on updates to five different policies at the last meeting: Policy No. 1 Community Relations; Policy No. 3 Safety Committee; Policy No. 15 Sexual Harassment; Policy No. 16 Violence Prevention in the Workplace; and Policy No. 19 Board of Commissioners. Mr. Hennessy then invited Attorney Pollart to comment on the updates. Attorney Pollart explained that he worked with the General Manager and the RMLD staff to draft changes to the policies. They have been updated to meet current legal standards and have been made easier to understand. Mr. Pacino made a motion, seconded by Mr. Stempeck, that the Board of Commissioners approve Policies 1, 3, 15, 16, and 19, as revised, with changes that were made. Motion carried 5:0:0. Report RMLD Board Member Attendance at RMLD Citizens' Advisory Board Meeting Chairman O'Rourke reiterated that there was no CAB Meeting in December. General Manager's Report — Ms. O'Brien Ms. O'Brien began by addressing any security concerns raised by malware being discovered on a Burlington Electric Department laptop, and stated that the RMLD wants to assure its customers that the Department takes the threat of cyber -attack very seriously. Protections are in place to ensure that RMLD's system is not compromised, but emphasized that phishing happens constantly and is only able to be deterred by firewalls and how you put together security. Page 1 2 General Manager's Report — Ms. O'Brien Mr. Talbot inquired as to what security is in place at RMLD, to which Ms. O'Brien replied that was a matter for Executive Session. Ms. O'Brien then announced that APPA is holding its 2017 Legislative Rally: there are several upcoming legislative issues that are relevant to RMLD's interests, including the Clean Energy Standards Act. Municipals need to be heard and a balance needs to be maintained between municipals and investor-owned utilities. Therefore, Ms. O'Brien requested travel approval to go to Washington D.C. from February 26 to March 1 with area utility managers to meet with legislators. Ms. O'Brien stated that she would provide a report to the Board at the Commission meeting following her trip, and asked the Commissioners to submit any questions to her that they have for the legislators. Mr. Pacino made a motion, seconded by Mr. Hennessy, that the Board of Commissioners approve the General Manager for travel to the APPA 2017 Legislative Rally on February 26, 2017 through March 1, 2017 in Washington D.C. Motion carried 5:0:0. The Art Contest Award Ceremonies will take place on Thursday, February 9 and Thursday, February 16 at 7:00 p.m. Ms. O'Brien lauded Ms. Mahan, stating that she has done an amazing job filling in as the Communications Manager while simultaneously performing her duties as Operational Assistant. So far, the art contest has been a success and many lessons have been learned for next year. Chairman O'Rourke asked if RMLD would be producing a calendar similar to the ones distributed following the tee shirt contests. Ms. Parenteau answered that it is being contemplated since RMLD will be keeping the artwork this year. Historically, the t -shirts were returned to the participating children and RMLD therefore had nothing to commemorate the contest. Chairman O'Rourke remarked that if it's feasible it would be nice to have a calendar. Ms. O'Brien explained that due to the size of the artwork the existing frames at the RMLD will be posted on Municibid. On March 22, RMLD's IRD will be holding a Lunch & Learn workshop for Peak Demand Reduction customers. All Commissioners are welcome to attend. Ms. O'Brien concluded by stating that RMLD made a presentation to the Wilmington Board of Selectmen on Monday, January 23. It was a lengthy meeting with a lot of questions and a great dialogue. The Selectmen were very impressed with RMLD's new policies and procedures, maintenance, improved communications and peak shredding. They were very happy with the RMLD. North Reading and Reading are the last towns that needs to be met with and then meetings will start again in the spring. Power Supply Report — November 2016 — Ms. Parenteau (Attachment 1) Ms. Parenteau began by reporting that November of 2016 was consistent with historical Novembers. When comparing November, 2015 to November, 2016, from an overall energy cost perspective, it was flat. However, there was increased generation from nuclear plants in 2016 due to the Seabrook partial refueling outage that occurred in 2015. Because of RMLD's laddering and layering approach, there was more generation in 2016 than in 2015, so system energy costs decreased from an average of $55 to $50 dollars per megawatt hour. These savings were passed through to customers. Renewables were flat, making up 10.4% of energy purchased in 2015 and 10.5% in 2016. There was less hydro, but RMLD picked up some projects in wind. The overall flat cost $52 to $51. The spot market decreased in amount purchased, from 6,300 megawatt hours in 2015, to 2,139 megawatt hours in 2016. This was advantageous to RMLD because costs increased from $45 in 2015 to $66 in 2016. Buying less as the price increased was effective from a consumer's standpoint. Overall sales decreased by $2.6 million in November. Overall, the average cost for the month from an energy perspective was 4.8 cents. This was flat and consistent. Chairman O'Rourke then clarified that Ms. Parenteau was not presenting December's numbers, to which Ms. Parenteau replied that December's numbers were just finalized and will be presented at the next meeting. Page 1 3 Power Supply Report — November 2016- Ms. Parenteau (Attachment 1) Chairman O'Rourke asked if there were any questions. Mr. Talbot then stated that Pilgrim will be closing in a few years and clarified that RMLD does not purchase power from that plant, to which Ms. Parenteau replied in the affirmative. RMLD's nuclear entitlements are with Seabrook and Millstone. Mr. Talbot then asked, despite RMLD not purchasing from Pilgrim, what the impact of Pilgrim closing will be. Ms. Parenteau explained that this should be offset by Footprint Power, which is the refurbishing of the Salem Harbor Plant (from coal to natural gas), which will result in a 600 -megawatt plant. From a capacity standpoint, only 100 megawatts were needed. Mr. Talbot said that he was just wondering if anyone had done a calculation on keeping Pilgrim open another ten years, since it's licensed until 2032. It's now supposed to close in 2019. Ms. Parenteau said that it's owned by Entergy. The benefits of nuclear is significant since it's low cost our entitlements at Seabrook and Millstone will be paid off soon, and those have been relicensed, so our customers will benefit. Florida Power & Light owns Pilgrim and Dominion Energy owns Millstone. Because RMLD does not have dealings with Pilgrim, Ms. Parenteau stated that she does not have an answer to Mr. Talbot's question. Mr. Stempeck inquired where Footprint's natural gas is coming from, since the area's supply is already constrained. Ms. Parenteau explained that a three-mile interconnection was made. However, New England's natural gas supply is constrained during the winter, and this will add to that constraint. Chairman O'Rourke inquired as to the status of the solar program. Ms. Parenteau explained that the Solar Choice system is ready. RMLD is waiting on legal work between the bank and the developer. It's physically ready to interconnect but can't be activated until the paperwork is completed. March 1 is the anticipated online date. Chairman O'Rourke asked if the customers who signed up would be getting notifications about the program status. Ms. Parenteau answered in the positive, stating that e-mails with updates have been sent. The developer and bank are supposed to meet tomorrow and RMLD is hoping for some good news. Mr. Talbot requested a price out to buy solar panels roof for the garage of RMLD. Ms. O'Brien stated that the RMLD roof is leaking and that she has asked the head of Facilities to see if it's feasible to install solar on the RMLD roof. Financial Report — Ms. Markiewicz (Attachment 2) Ms. Markiewicz apologized for not having a presentation and asked the Commissioners to refer to the packet that she had distributed. Ms. Markiewicz explained that her department is revisiting processes and procedures and finding areas to improve efficiency. They have preliminary automated financials, but they are not where they want them to be. Cogsdale is coming in to demonstrate different variations of the financials. Chairman O'Rourke inquired if the business system would be changing. Ms. Markiewicz replied that her department would be staying with Cogsdale and Great Plains, but they are trying to use all the modules that come with the software. She is not sure of the timeframe. Business Finance is doing the best that they can; the handout for the evening is not up to her standards and therefore is marked 'draft.' The November balance sheet shows $38 million cash, which is comparable to last year. Receivables are doing well. RMLD is still in moratorium so receivables' balances are higher. Payables are a matter of timing and are changed by what's in the queue; it is a constant flow. Sales of kwh were down 16 percent from last year, hence the rate increase. Operating expenses are shown from month to month and year to year. Expenses are higher than last year due to additional maintenance and operating expenses are up because RMLD is starting to fill vacancies. RMLD is right on budget -we're at exactly 58 percent and we are 5/12 through the year so there are no areas that need to be highlighted. Chairman O'Rourke said that it's probably hard to predict, but do we see revenue staying down 16 percent or will it be offset, and then asked if there's anything that RMLD should be doing. Ms. O'Brien answered that we are hoping for a cold winter and there is still time left to try and recover. RMLD is monitoring and doing a formal cost of service study. Page 1 4 Financial Report — Ms. Markiewicz (Attachment 2) Chairman O'Rourke stated that he wasn't sure, and then asked what could be done if revenue continues to decline. Would system upgrades be slowed down or the business model changed? Ms. O'Brien said that the business model has already been changed to target closer to what RMLD is allowed to make. This was done in anticipation of flat sales. Short and long-term plans for capital and maintenance are considered critical and are staying in priority range. There are currently no steps to curtail anything in priority range. If it's the end of March and there has still been no winter weather, then some decisions may need to be made. Ms. Markiewicz apologized for any confusion and stated that the actual base revenue hasn't decreased due to the rate increase. Chairman O'Rourke reiterated the need for a strategic meeting Ms. O'Brien added that RMLD's rate of return was at four; this has been readjusted to give a little more margin. RMLD is still able to make its commitments, such as in lieu of tax payments. RMLD is still on target since the budget is based on flat. Ms. Parenteau's group has all kinds of programs that are all targeted to augment revenue. Mr. Stempeck asked what the 'other' category is comprised of under assets. Ms. Markiewicz replied that is the deferred pension liability calculation. Mr. Stempeck then asked about the increase to accrued liability. Ms. Markiewicz replied that she believed that was due to the pension but that she would check and follow up. Engineering and Operations Report — November 2016 — Mr. Jaffari (Attachment 3) Mr. Jaffari announced that he would be reporting on November, 2016. Capital Improvement Projects, year to date spending totaled $315,784 as of November 30, 2016. Year to date routine construction $754,684. Only construction -related -all projects total $2.4 million. Routine maintenance transformer replacement making progress changed 24% of pad mount transformers about 16% of overhead transformers have been replaced. Pole inspections 204 poles have been replaced to date and 117 out of 204 pole transfers have been completed. Crews are always looking at feeders for signs of trouble. 961 of 1,237 manholes have been inspected and the porcelain cutout replacement program is 91% completed. 188 tree trim spans in November 564 so far fiscal year no hot spots were found during substation scans. Mr. Jaffari stated that there are1,600 poles in the service territory. Reading's pole ownership is split in half: 50 percent are owned by Verizon and 50 percent are owned by RMLD. North Reading's poles are owned by RMLD, while Lynnfield and Wilmington's poles are owned by Verizon. Mr. Jaffari then moved on to the NJUNS report for double pole management. In Lynnfield, RMLD has 4 pending transfers. 15 transfers and 58 pull poles in North Reading. In Reading, RMLD has 48 pending transfers and 47 pull poles, and 58 transfers, 1 attachment, 4 pull poles, and 1 guy install in Wilmington. Continuing, Mr. Jaffari stated that the RMLD reliability indices are under the national average but SAIDI and SAIFI are slightly above the regional average. Equipment failures are decreasing due to maintenance. Fallen trees, including pine trees with shallow roots, contribute to SAIDI and SAIFI. Wildlife outages have increased despite wildlife guards. Animals make it their mission to destroy equipment Chairman O'Rourke asked if customers should call in with any safety concerns about poles. Mr. Jaffari answered in the affirmative and explained that RMLD goes by NJUNS and pole inspections are part of scheduled maintenance programs. Every week a crew (sometimes two) is dedicated to poles. Critical locations are put on priority lists. Additionally, RMLD is undertaking lots of construction to improve reliability; Mr. Jaffari asked customers to be patient. Mr. Stempeck asked if there's anything that can be done for poles that are hit by cars multiple times. Mr. Hennessy suggested jersey barriers. Page 1 5 Engineering and Operations Report — November 2016 — Mr. Jaffari (Attachment 3) Mr. Jaffari referred to Pole 118 on Main Street in Lynnfield. The pole has previously been hit and was moved, and then got hit again. RMLD is approaching the town to see if barriers can be placed; there is a curve and a guardrail. RMLD Procurement Requests Requiring Board Approval (Attachment 4) IFP 2017-31 Fiberglass Poles and Spare Handhole Covers Mr. Jaffari explained that this is for 40 fiberglass poles and 20 handhole covers the last time this went out to bid the poles were $519, now they are $660. This increase meant that a formal bid needed to be submitted. RMLD received three bids: Wesco, Arby, and Graybar. Graybar was disqualified because they didn't submit tax compliance certification. Arby was the lowest priced. The fiberglass poles are for areas where composite poles can't be used, or where there are guy issues. Mr. Pacino made a motion, seconded by Mr. Stempeck, that proposal 2017-31 for Fiberglass Poles and Spare Handhole Covers be awarded to Irby for $26,740.40 pursuant to Chapter 164 § 56D on the recommendation of the General Manager Motion carried 5:0:0. General Discussion BOARD MATERIAL AVAILABLE BUT NOT DISCUSSED RMLD Board Meetings Art Awards attendance. Mr. Hennessy stated that he and Mr. Stempeck would be attending the Awards on February 9. Chairman O'Rourke and Mr. Pacino will be attending both nights. Mr. Talbot agreed to attend on February 16. Chairman O'Rourke announced that the Board will next convene on Thursday, February 23, Mr. Stempeck may have to participate remotely. The March meeting will be held on the Thursday, March 30. Budget meetings will be held in May. The next CAB meeting is yet to be determined. Ms. Schultz will email when the date is set. A date has yet to be determined for the strategic meeting, which Ms. Schultz will coordinate with Chairman O'Rourke. Mr. Pacino stated that, while recently in Florida, he saw a solar canopy over a parking lot. He stated that until you got up to it, you couldn't see the solar panels. It is something for businesses with large parking lots to consider. Mr. Pacino also mentioned that he saw an electric vehicle station in a parking lot in Billerica; and is noticing them in major parking lots. Chairman O'Rourke asked when RMLD is going to be getting one. Ms. O'Brien answered that the RMLD parking lot needs to be redone, but RMLD is hoping for a spring install. Ms. O'Brien then stated that RMLD will be meeting with local fire departments to provide updates on what equipment RMLD has, as well as discussing fires in substations and fire suppression with solar equipment -even if you disconnect it, it's still a generator. Chairman O'Rourke asked if Ms. O'Brien could provide the Commissioners with data regarding customers who have converted to paper and RMLD's social media and mobile app activity. Chairman O'Rourke also asked for dates for a strategy meeting, which Ms. Schultz will coordinate on. Chairman O'Rourke asked Ms. O'Brien how long she thought the meeting should last. Ms. O'Brien responded that a half day should be sufficient. General Discussion Mr. Hennessy inquired as to how unusual it was, five months into the year, to see a sixteen percent decrease. Ms. Parenteau answered that RMLD's sales are weather dependent and said that she was just looking at January and the numbers are up. Once we're into March we'll have a much better idea -revenue is more dependent on usage in summer. Ms. Parenteau then announced that Integrated Resources was recently notified by the DOER that RMLD was selected for a flow battery study, with an award of $150,000. RMLD is still waiting on another application, for a larger award- RMLD submitted multiple locations for electric car vehicle charging. Page 1 6 Executive Session At 8:48 p.m. Mr. Pacino made a motion, seconded by Mr. Hennessy, that the Board go into Executive Session to discuss the deployment of security personnel or devices, to consider the purchase of real property and discuss strategy with respect to collective bargaining, Chapter 164 Section 47D exemption for competitively sensitive or other proprietary information provided in the course of proceedings conducted pursuant to this chapter when such municipal lighting plant board determines that such disclosure will adversely affect its ability to conduct business in relation to other entities making, selling, or distributing electric power and energy pursuant to this chapter and return to Regular Session for the sole purpose of adjournment. Chairman O'Rourke called for a poll of the vote: Mr. Pacino: Aye; Mr. Talbot: Aye; Chairman O'Rourke, Aye; Mr. Stempeck, Aye; and Mr. Hennessy: Aye. Motion carried 5:0:0. Adjournment At 9:11 p.m. Mr. Pacino made a motion seconded by Mr. Stempeck to adjourn the Regular Session. Motion carried 5:0:0. A true copy of the RMLD Board of Commissioners minutes as approved by a majority of the Commission. David Talbot, Secretary Pro Tem RMLD Board of Commissioners Page 1 7 V::E° s_ _ C ; = ° .N Z 0 �' �E o cry o V O p Q. ° cmD Q� M v ui U-) \I • r O Q N yN L -Q Ce. E O > Ln O Z �L ui \I • O Q yN 7 a2 Ce. E :D > 0 CL Z vae R" z:2 r c^ c 5 E )-- Ln N � � C In N W in L 1 yN 7 a2 r Z O v oo� Wu�i u1 E o 0 N R r Q V 10 O O Z N N o Lr O v v CD C) CD 0 � � � 2 C; vQi 1 O Z N g g i� Li1 c o O N A L v .n v' Baa =oQ f� V/ o Z 3 0 0 N lA O l..) . O N p^ M a O O N tQA N CD O O N N W Z w To: Coleen O'Brien From: i Maureen McHugh, Jane Parenteau .� tf � I Date: January 13, 2017 Subject: Purchase Power Summary — November, 2016 Energy Services Division (ESD) has completed the Purchase Power Summary for the month of November, 2016. ENERGY The RMLD's total metered load for the month was 52,057,363 kWh, which is a 1.03% decrease from the November, 2015 figures. Table 1 is a breakdown by source of the energy purchases. Table 1 "Pepperell, Woronoco,indian River, Tumor Falls, Co/lin; P10f Nr,Hoslery Mills, Summit Hydro Amount of Cost of % of Total Total S $ as a Resource Energy Energy Energy Costs % (kWh) (SlMwh) Millstone #3 3,581,534 $6.72 6.86% $24,074 0.95% Seabrook 5,721,486 $6.32 10.96% sm.159 1.42% Stonytxook Intermediate 0 $0.00 0.00% $11,753 0.46% Shell Energy 10,324,830 $64.39 19.77% $664.799 26.12% NYPA 2,479,320 $4.92 4.75% $12,198 0.48% ISO Interchange 2,139,900 $65.94 4.10% $141,113 5.54% NEMA Congestion 0 $0.00 0.00% $285,554 11.22% Coop Resales 12,487 $121.70 0.02% $1,520 0.06% 8P Energy 8,044,930 $46.90 15.41% $377,307 14.820/a Hydro Projects' 789,186 $66.29 1,51% $52.315 2.06% Braintree Watson Unit 181,355 $2.34 0.35% $425 0.020/0 Saddleback/Jericho Wind 2,032,070 $99.45 3.89% $202,083 7.94% One BuA'ngton Solar 159,134 $70.00 0.30% $11 139 0.44% Exelon 16.751,180 $43.28 3208% $724,959 28.480/a Stonytxoox Peaking 0 50.00 0.00% s0 0.00°/0 Monthly Tota 52,217,414 $48.75 10000% $2,545.396 100.00% "Pepperell, Woronoco,indian River, Tumor Falls, Co/lin; P10f Nr,Hoslery Mills, Summit Hydro Table 2 breaks down the [SO interchange between the DA LMP Settlement and the RT Net Energy for the month of November, 2016. Table 2 Amount Cost % of Total Resource of Energy of Energy Energy (kWh) ($/Minh) ISO DA LMP * 5,577,551 $40.73 10.68% Settlement RT Net Energy "" (3,437,652) $25.05 -6.58% Settlement ISO Interchange 2,139,900 $65.93 4.10% ( subtotal) Independent System Operator Day -Ahead Locational Marginal Price Real Time Net Energy NOVEMBER 2016 ENERGY BY RESOURCE • Stonybroo'c • Ore But ungron So aj, Peaking, 0 31' , 0.00'i10 a Exe ):i 32 13- ° i37 _':i_a 7 Jencno W no 1 251,, • b 1 1; o-' .r, 15:45 ` 0 S ) ,, , rn �:: i, 3 77.. Stun,o(ooi( ntermej are, o.co CAPACITY The RMLD hit a demand of 95,704 M, which occurred on November 21, at 6 pm. The RMLD's monthly UCAP requirement for November, 2016 was 232,348 Ms. Table 3 shows the sources of capacity that the RMLD utilized to meet its requirements. Table 3 Source Amount (k1Ns) Cost (SAVVY -month) Total Cost $ % of Total Cost Millstone 03 4,950 33.39 $165,285 10.14% Seabrook 7,909 36.42 $288,075° 17.67 /° Stonybrook Peaking 24,981 2.76 $69,008 3,581,534 Stonybrook CC 42,925 7.08 $303,904 4.23% NYPA 0 0.00 $7,209 18.64% Hydro Quebec 0 0 0.44% Nextera 60,000 6.15 $449 $369,000 0.03% Braintree Watson Unit 0 0.00 -$92,705 22.63% ISO -NE Supply Auction 91,583 5.68 $520,018 -5,690/6 $0 $369,000 $369,000 8.84% 31.90% Total 232,348 $7.02 $1,630,243 100.00% Table 4 shows the dollar amounts for energy and capacity per source. Table 4 Cost of Resource Energy Capacity Total cost % of Total Cost Amt of Energy (kWh) Power ($/kWh) Millstone N3 $24,074 $165,285 $189,359 4.53% 3,581,534 0.0529 Seabrook $36,159 $288,075 $324.235 776% 5,721,488 0.0567 Stonybrook Intermediate $11,753 $303,904 $315,657 7.56% 0.0000 Hydro Quebec $0 $449 $449 0.01% 0.0000 Shd+ Energy $664,799 $0 $664,799 1592% 10.324,830 0.0644 NextEra $0 $369,000 $369,000 8.84% 0.0000 NYPA $12,198 $7,209 $19,407 0.46% 2.479,320 0.0078 501ntercnange $141,113 $520,018 $661,130 1583% 2,139,900 0.3090 Nema Congest on $285,554 $0 $285.554 6.84% 0.0000 SP Energy $377,307 $0 $377,307 9.04% 8,044,930 0.0469 * Hydro Projects $52,315 $0 $52,315 1.259'0 789,186 0.0663 Bra ntree Watson Unit $425 -$92,705 -$92,281 -2.21% 181,355 -05088 * SaWleback,,;encho $202,083 $0 $202.083 4.84% 2,032.070 0.0994 One B;r,ington Solar $11,139 $o $11 139 0.270/7 159 134 0.0700 Coop Resales $1,520 so $1,520 0.0491 12,487 0.1217 Exeton Energy $724,959 $0 $724,959 1736% 16,751,180 00433 StonybrooR Peak ng s0 $69,008 $69.008 1 65% 0,0000 Monthly Tom 52.545.398 $1,630.243 $4.175,641 100.00% 52.217,414 0.0800 * Renewable Resources 10.46% RENEWABLE ENERGY CERTIFICATES (RECs) Table 5 shows the amount of banked and projected RECs for the Swift River Hydro Projects through November 2016, as well as their estimated market value. TRANSMISSION The RMLD's total transmission costs for the month of November, 2016 were $865,917. This is a decrease of 29.95% from the October transmission cost of S 1,236,067. In November, 2015 the transmission costs were 5806,354. Table 6 Current Month Table 5 Last Year Peak Demand (kW) 106,927 RECs Summary 99,819 Energy (kWh) 52,217,414 Period - January 2016 - September 2016 52,857,245 Banked Projected Total Est. $2.489.548 RECs RECs RECs Dollars Woronow 0 8,678 8,678 $216,950 Pepperell 0 5,605 5,605 $140,125 Indian River 0 1,857 1,857 $46,425 Turners Falls 0 1,135 1,135 $28,375 Saddleback 0 7,254 7.254 $181,350 Jericho 0 5,040 5,040 $126,000 Sub total 0 29,569 29,569 739,225 RECs sold $0 0 $0 Grand Total 0 29,569 29,569 $739,225 TRANSMISSION The RMLD's total transmission costs for the month of November, 2016 were $865,917. This is a decrease of 29.95% from the October transmission cost of S 1,236,067. In November, 2015 the transmission costs were 5806,354. Table 6 Current Month :ast Month Last Year Peak Demand (kW) 106,927 91,673 99,819 Energy (kWh) 52,217,414 52,590.960 52,857,245 Energy (S) $2,545.398 52,463.471 $2.489.548 Capacity (S) 51,630,243 $1:745.945 $1,553.714 Transm;ss on(S) $865,917 $1,236.067 $806,354 Tota $5,041,558 $5,445.482 $4,849,617 Reading Municipal Light Deptartment Statement of Net Assets November 30, 2016 ASSETS CURRENT UNRESTRICTED CASH RESTRICTED CASH RESTRICTED INVESTMENTS RECEIVABLES, NET PREPAID EXPENSES INVENTORY OTHER TOTAL CURRENT ASSETS NONCURRENT INVESTMENT IN ASSOCIATED CO CAPITAL ASSETS, NET TOTAL CAPITAL ASSETS, NET TOTAL ASSETS LIABILITIES CURRENT ACCOUNTS PAYABLE CUSTOMER DEPOSITS CUSTOMER ADAVANCES FOR CONSTRUCTION ACCRUED LIABILITIES CURRENT PORTION OF BONDS PAYABLE TOTAL CURRENT LIABILITIES NONCURRENT ACCRUED EMPLOYEE COMPENSATED BALANCES DEFERRED INFLOWS -PENSION PLAN TOTAL NONCURRENT LIABILITIES TOTAL LIABILITIES NET ASSETS INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT RESTRICTED FOR DEPRECIATION FUND UNRESTRICTED TOTAL NET ASSETS TOTAL LIABILITIES AND NET ASSETS 2016 2017 $ 13,678,729.92 23,113,271.56 1,284,061.45 7,454, 839.79 1,611,014.31 1,663,281.00 1,547,815.00 50,353,013.03 26,993.75 70,252,378.65 70,279,372.40 120,632, 385.43 9,514,232.95 903,399.18 904,439.15 3,057,822.03 14,379,893.31 3,070,487.93 3,070,487.93 17,450,381.24 70,252,378.65 6,508,973.15 26,420,652.39 103,182,004.19 $ 120,632,385.43 $ 14,482,164.40 22,954,343.33 1,345,663.06 9,592,381.08 1,126,193.95 1,639,843.28 6,338,218.00 57,478,807.10 r 26,993.75 72,873,194.92 72,900,188.67 130 378 995.77 6,258,887.39 1,013,683.17 1,003,670.84 9,290,841.39 17,567,082.79 3,257,809.00 883,172.00 4,140,981.00 21,708.063.79- 72,873,194.92 5,398,965.79 30,398,771.27 108,670,931.98 $ 130,378,995.77 Attachment 2 TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SCHEDULE OF CASH AND INVESTMENTS 11/30/16 UNRESTRICTED CASH CASH - OPERATING FUND CASH - PETTY CASH TOTAL UNRESTRICTED CASH RESTRICTED CASH CASH - DEPRECIATION FUND CASH - CONSTRUCTION FUND CASH -TOWN PAYMENT CASH - DEFERRED FUEL RESERVE CASH - RATE STABILIZATION FUND CASH - UNCOLLECTIBLE ACCTS RESERVE CASH - SICK LEAVE BENEFITS CASH - HAZARD WASTE RESERVE CASH - CUSTOMER DEPOSITS CASH - ENERGY CONSERVATION TOTAL RESTRICTED CASH INVESTMENTS SICK LEAVE BUYBACK TOTAL CASH BALANCE PREVIOUS YEAR 13,675,729.91 3,000.00 13,678,729.91 6,508,973.15 0.00 1,577,685.00 4,451,648.54 6,792,422.72 200,000.00 1,798,459.74 150,000.00 903,399.18 730,683.23 23,113,271.56 1,284,061.45 38,076,062.92 SCHEDULE A CURRENT YEAR 14,479,164.39 3,000.00 14,482,164.39 5,398,965.79 0.00 1,583,611.65 5,040,513.53 6,843,853.44 200,000.00 1,933,143.36 ,150,000.00 1;013,683.17 790,572.39 22,954,343.33 1,345,663.06 38,782,170.78 TOWN OF READING, MASSACHUSETTS MUNICIPAL LIGHT DEPARTMENT SALES OF KILOWATT HOURS 11/30/16 SALES OF ELECTRICITY: MONTH LAST YEAR MONTH CURRENT YEAR LAST YEAR TO DATE CURRENT YEAR YTD % TO DATE CHANGE RESIDENTIAL SALES COMM. AND INDUSTRIAL SALES 17,009,576 32,102,880 16,690,734 29,815,636 115,575,544 179,106,929 101,099,034 -12.53% PRIVATE STREET LIGHTING 79,418 89,171 397,360 145,842,269 -18.57% 365,416 -8.04% TOTAL PRIVATE CONSUMERS 49,191,874 46,595,54T 295,079,833 247,306,719 -16.19% MUNICIPAL SALES: STREET LIGHTING MUNICIPAL BUILDINGS 222,241 752,346 186,335 1,159,623 878,561 -24.24% 685,159 3,870,941 3,016,961 -22.06% TOTAL MUNICIPAL CONSUMERS 974,587 871,494 5,030,564 3,895,522 -22.561 SALES FOR RESALE 203,175 168,708 1,522,735 1,250,761 -17.86% SCHOOL 1,259,857 1,164,732 5,851,984 4,347,914 -25,70% TOTAL KILOWATT HOURS SOLD 51,629,49348,800,475 307,485,116 256,800,916 •16.48% Reading Municipal Light Department Schedule of Operating Expenses For the Five Months Ending Wednesday, November 30, 2016 OPERATING EXPENSES: PURCHASED POWER CAPACITY PURCHASED POWER TRANSMISSION TOTAL PURCHASED POWER OPERATION SUP AND ENGINEERING EXP STATION SUP LABOR AND MISC LINE MISC LABOR AND EXPENSE STATION LABOR AND EXPENSE STREET LIGHTING EXPENSE METER EXPENSE MISC DISTRIBUTION EXPENSE METER READING LABOR AND EXPENSE ACCT & COLL LABOR AND EXPENSE UNCOLLECTIBLE ACCOUNTS ENERGY AUDIT EXPENSE ADMIN & GEN SALARIES OFFICE SUPPLIES AND EXPENSE OUTSIDE SERVICES PROPERTY INSURANCE INJURIES AND DAMAGES EMPLOYEES PENSIONS AND BENEFITS MISC GENERAL EXPENSE RENT EXPENSE ENERGY CONSERVATION MONTH MONTH YTD YTD LY CY LY CY $ 1,556,484.47 $ 1,634,731.43 $ 7,618,471.87 $ 8,470,768.06 806,354.28 865,916.73 5,857,669.10 6,227,690.59 2,362,838.75 2,500,648.16 13,476,140.97 14,698,458.65 42,900.84 41,165.21 221,618.40 201,724.34 12,452.40 15,293.80 61,030.43 60,321.94 62,349.86 61,820.80 306,507.10 254,676.27 30,028.90 48,117.33 163,116.66 209,980.06 10,759.04 10,473.75 46,245.46 53,112.16 18,041.00 23,409.52 90,174.17 87,398.74 31,494.31 34,407.15 179,718.50 163,806.61 1,046.21 1,201.27 12,535.86 11,178.17 126,190.27 136,058.09 668,205.88 709,476.52 10,000.00 12,500.00 50,000.00 62,500.00 47,185.30 64,057.21 232,149.26 206,061.34 72,476.27 87,911.57 356,960.00 405,719.33 10,883.75 28,849.77 111,631.94 106,394.17 41,607.44 83,949.18 159,544.94 196,820.19 31,242.39 27,632.72 156,211.95 138,635.60 2,986.02 6,071.09 18,678.49 23,199.77 142,683.08 239,841.95 1,062,397.32 1,246,717.32 16,270.47 15,972.63 61,631.59 57,468.14 13,816.91 13,883.02 71,593.24 69,140.89 21,621.51 66,571.16 155,274.16 225,869.79 TOTAL OPERATION EXPENSES 746,035.97 1,019,187.22 4,185,225.35 4,490,201.35 MAINTENANCE EXPENSES: MAINT OF TRANSMISSION PLANT 227.08 227.08 1,135.40 1,135.40 MAINT OF STRUCT AND EQUIPMENT 30,059.78 59,463.20 145,412.49 213,428.76 MAINT OF LINES - OH 74,849.27 213,586.58 673,443.80 765,119:12 MAINT OF LINES - UG 1,124.29 13,536.23, 49,675.76 129,772.26 MAINT OF LINE TRANSFORMERS 11,598.86 79,916.66 21,950.95 MAINT OF ST LT & SIG SYSTEM (60.03) (55.08) (304.13) 70,494.45 MAINT OF GARAGE AND STOCKROOM 32,573.78 33,434.47 211,366.38 214,344.87 MAINT OF GEN PLANT 12,058.90 17,570.30 48,095.86 104,613.37 TOTAL MAINTENANCE EXPENSES 162,431.93 337,762.78 1,208,742.22 1,520,859.18 DEPRECIATION EXPENSE 328,732.65 341,775.67 1,643,663.25 1,708,878.35 PURCHASED POWER FUEL EXPENSE 2,489,548.12 2,545,398.43 15,098,143.47 14,189,496.10 VOLUNTARY PAYMENTS TO TOWN 118,000.00 118,000.00 590,000.00 59.0,000.00 TOTAL OPERATING EXPENSES MAINTENANCE EXPENSES: MAINT OF TRANSMISSION PLANT Reading Municipal Light Department 1,135.40 , 1,864.60 62.15% Schedule of Operating Expenses 419,599.00 213,428.76 206,170.24 November 30, 2016 2,044,499.00 765,119.12 1,279,379.88 62.58% MAINT OF LINES - UG REMAINING 129,772.26 (4,706.26) 2017 ACTUAL BUDGET REMAINING 278,049.05 ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET % OPERATING EXPENSES: -585.28% MAINT OF METERS 44,658.00 - PURCHASED POWER CAPACITY $ 20,943,651.00 $ 8,470,768.06 $ 12,472,882.94 59.55% PURCHASED POWER TRANSMISSION 13,378,627.00 6,227,690.59 7,150,936.41 53.45% TOTAL PURCHASED POWER 34,322,278.00 TOTAL MAINTENANCE EXPENSES 3,717,632.00 57.18% 14,698,458.65 19,623,819.35 1,520,859.18 OPERATION SUP AND ENGINEERING EXP 655,195.00 201,724.34 453,470.66 69.21% STATION SUP LABOR AND MISC 91,269.00 60,321.94 30,947.06 33.91% LINE MISC LABOR AND EXPENSE 901,213.00 254,676.27 646,536.73 71.74% STATION LABOR AND EXPENSE 472,879.00 209,980.06 262,898.94 55.60% STREET LIGHTING EXPENSE 102,402.00 53,112.16 49,289.84 48.13% METER EXPENSE 205,717.00 87,398.74 118,318.26 57.52% MISC DISTRIBUTION EXPENSE 464,418.00 163,806.61 300,611.39 64.73% METER READING LABOR AND EXPENSE 32,640.00 11,178.17 21,461.83 65.75% ACCT & COLL LABOR AND EXPENSE 1,792,724.00 709,476.52 1,083,247.48 60.42% UNCOLLECTIBLE ACCOUNTS 150,000.00 62,500.00 87,500.00 58.33% ENERGY AUDIT EXPENSE 1,501,806.00 206,061.34 1,295,744.66 86.28% ADMIN & GEN SALARIES 1,134,674.00 405,719.33 728,954.67 64.24% OFFICE SUPPLIES AND EXPENSE 349,000.00 106,394.17 242,605.83 69.51% OUTSIDE SERVICES 418,100.00 196,820.19 221,279.81 52.93% PROPERTY INSURANCE 424,500.00 138,635.60 285,864.40 67.34% INJURIES AND DAMAGES 57,215.00 23,199.77 34,015.23 .-59.45% EMPLOYEES PENSIONS AND BENEFITS 2,922,673.00 1,246,717.32 1,675,955.68 57.34% MISC GENERAL EXPENSE 219,156.00 57,468.14 161,687.86 73.78% RENT EXPENSE 212,000.00 69,140.89 142,859.11 67.39% ENERGY CONSERVATION 673,000.00 225,869.79 447,130.21 66.44% i TOTAL OPERATION EXPENSES 12,780,581.00 4,490,201.35 8,290,379.65 64.87% MAINTENANCE EXPENSES: MAINT OF TRANSMISSION PLANT 3,000.00 1,135.40 , 1,864.60 62.15% MAINT OF STRUCT AND EQUIPMENT 419,599.00 213,428.76 206,170.24 49.14% MAINT OF LINES - OH 2,044,499.00 765,119.12 1,279,379.88 62.58% MAINT OF LINES - UG 125,066.00 129,772.26 (4,706.26) -3.76% MAINT OF LINE TRANSFORMERS 300,000.00 21,950.95 278,049.05 92.68% MAINT OF ST LT & SIG SYSTEM 10,287.00 70,494.45 (60,207.45) -585.28% MAINT OF METERS 44,658.00 - 44,658.00 100.00% MAINT OF GARAGE AND STOCKROOM 590,523.00 214,344.87 376,178.13 63.70% MAINT OF GEN PLANT 180,000.00 104,613.37 75,386.63 41.88% TOTAL MAINTENANCE EXPENSES 3,717,632.00 2,196,772.82 59.09% 1,520,859.18 DEPRECIATION EXPENSE 4,134,000.00 1,708,878.35 2,425,121.65 58.66% PURCHASED POWER FUEL EXPENSE 33,174,492.00 14,189,496.10 18,984,995.90 57.23% VOLUNTARY PAYMENTS TO TOWN 1,445,420.00 590,000.00 855,420.00 59.18% TOTAL OPERATING EXPENSES 58.47% FY READING MUNICIPAL LIGHT DEPARTMENT FOR PERIOD ENDING NOVEMBER, 2016 TOTAL CAPITAL BUDGET S 595,586 S 2,358,003 S 9,406,216 f 7,048,213 ACTUAL PROJ DESCRIPTION TOWN COST NOVEMBER YTD ADDITIONS ANNUAL BUDGET REMAINING BALANCE CONSTRUCTION: 106 Underground Faciltes Upgrades (URD's. Mannoles, etc) ALL 63.826 251,813 107 13 8kV Upgrace (Step-down areas, etc.) ALL 149,965 (101,848) 328 4,909 105,748 100,839 SUB -TOTAL 64,154 256,721 255,713 (1008) STATION UPGRADES: 108 Station 4 (GAW) Relay Replacement Project R 1,291 109 Station 4 35kV Potentia: Transformer Replacement R 14,766 48,904 34,138 110 4W9 Getaway Replacement -Station 4 R 57 57 (57) 111 S,:bstaton Equipment Upgrade (all) ALL 234,747 234,747 113 Staton 4 (GAW) Battery Bank Upgrade R 74,590 74,590 120 Station 4 - Re!aylSCAOA Integration for B z A&B R - 17,037 17,037 130 Station 3 - Remote Term:na! Unit (RTU) Replacement NR 8,197 24.261 70,308 46,047 133 Station 3 - Relay Upgrades and SCADA Integration NR 18,889 39.330 39,330 139 Station 5 - LTC Control Replacement W 74,505 252,225 177,720 140 Substation GroLnding Equipment Upgrade ALL - 41,543 41,543 SU13-TOTAL 20,671 20,671 28,434 113,589 799,355 685,766 NEW CUSTOMER SERVICES - New SeWce Installations (Commercial ! IndLstral) ALL 14,027 52,451 139,570 SUB -TOTAL 14,027 52,451 139,570 87,119 117,119 ROUTINE CONSTRUCTION: ALL 134,860 754,685 1,012,962 258,277 SPECIAL PROJECTS / CAPITAL PURCHASES, 100 Distr•bL*d Gas Generation (Kot FY16-17) ALL 1.074 43.175 2.720,409 2.677,234 102 Padmo-nt Switchgear Upgrade at Ind stria; Parks W - 194,518 194,518 103 Grid Modemizat011 and Op tmization ALL 115.076 122,242 284,000 161.758 105 New Wilmington Sub-Staton W 112 AM! Mesh NetworR Expansion ALL - 250.000 250.000 115 FaultIM:cakxs ALL 100,200 220.021 119,821 116 Transformers ana Capacitors ALL 1,340 25.000 23,660 117 Meter Purchases ALL 9,102 668,000 658,898 125 GS 16 140 80,000 63,860 126 CommLncat onEquipment (FberOptc) ALL A_L 3,443 - 360,000 360,000 131 LED Street Light Impiementaton ALL 55,281 4,573 315,784 69.173 804,070 64,600 488,286 134 S-bstat on Test Equipment ALL 8,030 14,270 30,000 15,730 135 Anabg Devices Cap Bank Upgrade W 136 Votage Data Recorders ALL - 54.188 54,188 SUB -TOTAL 25,000 25.000 182,903 626,825 5,784,379 5157 554 OTHER CAPITAL PROJECTS: 96 Contra CenterModircatons ALL 100,000 100,000 97 HVAC RoofUnits- Garage R 713 41.373 (41,373) 98 Carpet Upgrade R 8.430 71,653 63.223 99 Electric Vehoc a S6pply Eq,: pment ALL 104 RMLD Lignt ng (LED) Lpgraae 10.000 10.000 118 Roiling Stock Rep acement AL_ - 30.477 25.000 310,000 25,000 279,523 119 Security Upgrades A,I Saes A__ 6.844 5.000 (1,844) 121 HVAC System Upgrade - 230 Ash Street R 136.912 415 571 500,000 84.429 127 Hardware Upgrades AL_ 33.583 38,351 112,065 73.714 128 Software and Licensing ALL 12.687 230.519 217,833 129 Master Fau it es Site Plan R SUB -TOTAL - 50,000 50 C00 171,208 553,732 1,414,237 $60.505 TOTAL CAPITAL BUDGET S 595,586 S 2,358,003 S 9,406,216 f 7,048,213 Cl) L 0 ^Q, W O NO 0 _3 0 0- B. 0 D E 0 Ln C O 4- 6 O Q O 06 0) c .a C .0) w O O N 6 O < C 10 cc — co CO) N a f -I of 2 n. 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Box l io Reading, MAO 1867-025o Tel. (731)944.1340 Fax. (781) 942-2409 Web. www.rtnld.com Town of Reading Municipal Li:;ht Board Subject: IFP 2017-31 Fiberglass Poles and Spare Handhole Covers Purivant to M.G.L c. 164 y 56D, on December 23, 2016, a bid invitation was placed as a legal notice in the Middlesex East section of the Daily Times Chronicle and on the FCNE (Ener;y Council of the Northeast) website requesting sealed proposals for Fiberglass Poles and Spare Handhole Covers. An invitation for proposals was sent to the following sir companies: Graybar Irby Power Sales Group Power Tech dba UPSC Shamrock Power Wesco Sealed proposals were received from three companies: Graybar, Irby and WESCO. The sealed proposals were publicly opened and read aloud at 11:00 a.m:, January 11. 2016, in the Town of Reading Municipal Light Department's Audio Visual Spurr Room, 230 Ash Street, Reading, Massachusetts. 1 he proposal, were reviewed, analyzed and evaluated by staff and reconunended to the General Manager. D1ove that proposal 2017-31 for: Fiberglass Pole, and Spare Ilandhole Covers be awarded to: Irby for S26,740.40 pursuant to Chapter 164 ti 56D on the recommendation of the General Manager. The FYI 7 Routine Construction Budget will be charged for these item,. Brian Smith Flamid 1a Cohen O'Brien Attachment 4 III Ft !'iF 2 17-•11 rFil,•r,la„1'4,1.1111 ,:u 11in,1, 1, . r, / ICE\ 2 k2k 2 2 f7� %$e q) \ � » � 7422 ) � $$ #� 989} $$$ � -m$ Bc §n@ £k N®N 0®o 2 2 Q 2 R #m $R qq $$ oto $« Ln_ 8 � . a kk \ �k® 4) §§� 3 jk 4 04 c --/ -- �CDc �E km m ; .. ma m 2 2� 2 § G§ $$ $ ®=w $ 2 � e . % 2 o © @k ■ —_ §�� e 22 2 $g$ 3E} c_ �m / From: Tracy Schultz To: RML) Board Members Groun Cc: Jeanne Foti Subject: Account Payable and Payroll Questions Date: Thursday, January 26, 2017 8:06:00 AM Good morning, There were no Account Payable Warrant questions for the following dates: December 9, December 23, January 6, and January 13. Chairman O'Rourke had a question on an invoice amount on the December 16 AP, which was due to a credit being applied. Commissioner Hennessy had a question on a customer credit on the January 20 AP, which was due to a new customer backdating their service start date at that meter after the customer of record had paid for that same time of service. There were no Payroll questions for the following dates: December 12, December 27, January 9, and January 23. This message will be printed for the Board Packet for the RMLD Board Meeting on Tuesday, January 31, 2017. Tracy Schultz Executive Assistant Reading Municipal Light Department 230 Ash Street Reading, MA 01867 Tel: (781) 942-6489 Ext: 489 V O . + m r E• Y p 6 m Ov m m y 0` m O W;: at p h a S o ^ y n f 69 2 f1 N M 9 W C M G • � m c-, O ma J,fo pyp Yiar C _ xV MV: V N O J 03 Omio Y O Nps m�pNr O O Y ON t c j 0 0 40 64 N" J O O f7 faROnle r c m wa0 it my ^t�ON C eOl p OO NtO Y7 f0 O A O N N N N (� O n N O.' 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