This winter has been one for the record books. Because of the extreme cold, many homeowners used more electricity to heat their homes than in recent memory, which has resulted in larger electricity bills. The increased electricity use resulted in extra costs for North Itasca Electric’s wholesale power supplier, Great River Energy.
Like any business, utilities budget their sales and expenses for the year ahead in order to set prices. In the case of a not-for-profit electric cooperative like Great River Energy, electricity is sold to its member cooperatives at cost, with margins allotted to ensure the company’s financial strength.
Road construction projects in northern Itasca County during 2014 include three regrade and/or paving projects and three bridge replacements. Roads are county state aid highways (CSAH).
Highway 5 north of Effie
Regrading the road will be done in early June and will not detour traffic. Paving will start on July 14 and be completed August 22. Bituminous and shoulder work will also continue into Koochiching County.
The North Itasca Electric Trust Board has announced its 2014 spring grants. Listed on the continuing page are 38 grant awards totaling over $11,500. North Itasca Electric Co-op would like to thank those members who round up their monthly bills making these projects possible and the members of the Trust Board who donate their time to make the difficult yet rewarding decisions on the grant requests. The next application deadline for Round-Up grants will occur in October.