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PUD PAYS OFF ORIGINAL BOND DEBT
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On June 1, 2009, we made the final payment on our 1996 General Obligation Advanced Refunding (GO) Bonds. These bonds were issued to refinance the debt incurred when the PUD purchased the electric system from Portland General Electric (PGE) and began providing electric service in 1984. By paying them off, we have paid off our original $17 million debt.
"It's a lot like paying off the mortgage on your home," said General Manager Kevin Owens.
Keeping Rates Stable & Affordable
Paying off these bonds will result in $1.4 million in savings each year. These savings come at a critical time to PUD. Wholesale power costs represent approximately 60% of our operating expenses. We are anticipating a 5-10% increase in wholesale power costs this fall; this savings will help us keep rates low and stable for customers.
Read the news release
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| PUD SCHOLARSHIP WINNERS ANNOUNCED |
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We recently awarded three $2,000 Utility Industry and three $1,000 Community Service Scholarships to graduating seniors from local high schools. Congratulations to our recipients!
Utility Industry Scholarship Recipients
Nicholas Adenau, St. Helens
Miles Griffith, Rainier
Brad Welter, St. Helens
Community Service Scholarship Recipients
Rebecca Edmondson, Rainier
Zach Melton, St. Helens
Kristine Wheeler, Scappoose |
| 2009 MY FAIR LADY COURT ANNOUNCED |
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The My Fair Lady Pageant honors senior women for their outstanding community service. We are pleased to announce the members of this year's My Fair Lady Court. Pictured below are:
Front row: Patricia Ray of Vernonia and Eila Kynsi of Clatskanie
Back row: Rowena Tetz of Scappoose, Wanda Yost of Rainier and Sally Norbom of Columbia City
This year's pageant will be held Wednesday July 15th at 1:00 p.m. at the Columbia County Fair & Rodeo Main Stage. The fair is offering free admission for seniors that day, and Columbia County Rider is offering free transportation to the fair from senior centers around the county. The free rides are sponsored by Columbia River PUD, Clatskanie PUD and West Oregon Electric. |
| 2010 CALENDAR PHOTO CONTEST |
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Photo of Camp Wilkerson by Ken Corliss
Each year we produce a calendar for our customers that features scenic photographs taken in Columbia County. To enter this year's contest, send us up to 10 of your best photos by September 15th.
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| HOME EFFICIENCY PROGRAMS |
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Our Energy Experts are here to help you use energy wisely. We have a wide variety of energy efficiency rebate programs and can help you choose the programs that will bring you the most savings.
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