ML20087M211

Annual Financial Rept 1983

ML20087M211
Person / Time
Site:	Clinton
Issue date:	12/31/1983
From:	Gant R WESTERN ILLINOIS POWER COOPERATIVE, INC.
To:
Shared Package
ML20087M198	List: ML20087M197 ML20087M202 ML20087M205 ML20087M211
References
NUDOCS 8403290107
Download: ML20087M211 (16)

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4 Robert E. Gant Wayne Harms Stanley Otten President Roger C. Mohrman Vice President sacretary Treasurer Asst. Secretary Treasurer Manager, illinois Rural Director, M.J.M.

Electric Co. Director. Rural Electric Manager, Adams Electric Cooperative Convenience Cooperative Co. Electrical Co-Operative q -

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Wai Lester W. Aeilts Manager, Western litinois Electrical Coop.

C. Lee Duncan Director, Spoon River stiXMRoy D. Goode Manager, Rural Electric Electric Cooperative,Inc. Convenience Cooperative Co. Electric Cooperative,Inc.

William H. McCamey Manager,5poon River John E. Root Manager, Menard Electric Cooperative I

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e Robert D.5mith Harvey L. Vortman Donald Willard Director, Adams Director. lilinois Rural Charles W. Witt Robert F. Zook Electrical Co-Operative Director, Western lilinois Manager, M.J.M.

Electric Co. Electrical Coop. Director. Menard Electric Cooperative Electric Cooperative

-Facts Miles of 34.5 KV line. . . . . . . . . . . . . . 116 Transmission Substations . . . . . . . . . . . . 7 Miles of 69 KV line . . . . . . . . . . . . . . . 431 Full-time Employees . . . . . . . . . . . . . . . 55 Miles of 13 8 KV line . . . . . . . . . . . . . . . 19 Generation, MW . . . . . . . . . .. .... 57 Distribution Substations. . . . . . . . . . . . 77 Member Cooperatives. . 7 I_ _ _

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- County Line Peert Station, Steer p t - 22.0 ww Gene.stieg Station Peers Stet 6 m. Gas Turb.pe 224 kW

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I wish to welcome you to the 24th annual meeting the national ciectric cooperative program for over of Western Illinois Power Cccperative, Inc., held 20 years.

at the Blackhawk in Jacksonville on this Alarch 6, 1984. Your presence at this annual meting is very Air. Robert Smith was elected to serve the important. Annual meetings give us a chance to remainder of the term on the WIPCO board of evaluate our present position, make projections directors representing Adams Electrical Cooper-and reflect upon the events of the past year, ative. Other officers elected were Wayne Harms, vice president, and Stanley Otten, secretary-Because Western Illinois Power Cooperative is a treasurer.

power supplier, its success or failure is often measured by how many kilowatt-hours are sold. During the year, other board personnel changes The largest factor in these sales is the weather. were made because of expiring terms on distribu-Weather in the first two months of 1983 was mild, tion boards of directors. Harold Alassic served on resulting in energy sales of 15 to 20 percent below the WIPCO board of directors until July, when his that which was expected. However, the extremely term expired on Western Illinois Electrical Coop 's hot summer created sales that were 10 percent board. We thank Harold for his dedicated support higher than expected. Because of the hot, dry and his contribution to the WIPCO board of direc-summer, crop yields were cut and the grain came tors. Don Willard of Western Illinois Electrical from the field in a dry condition, which resulted in Coop. has replaced Harold on the WIPCO board of very little grain drying in October and November. directors.

Even with these ups and downs, energy sales were 3.5 percent above 1982. This was a bit above what I want to thank the board of directors for allowing was projected in our 1983 power requirements me to serve as WIPCO's president for the last four study. The sales created a small deficit margin for months, and for their your cooperative, but because of the cancellation support. Thanks to of Unit 11 of the Clinton Power Station, the Atanager Don Bring- JW resultant write-off gave us a loss of $3,393,253. man and his staff for ,

their faithful and P This year's board of directors, as you all know, has dedicated service. $

been very busy trying to work out the financial

'y g problems associated with WIPCO's ownership of Cooperatively yours, Clinton. We believe that we have come up with a ~>

package that we can alllive with.

M. g I was elected to serve as president, due to the ao>., t o.nt.pr.ca.ni L'S oi untimely death of Kenneth Atarlow. We have all missed Kenneth Alarlow, who passed away suddenly in October 1983. Kenneth served on the WIPCO board of directors for over six years and was one of the most capable and influential sup-porters of the rural electrification program. He served Adams Electrical Co-Operative, WIPCO and 1

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Secretary-Treasurer's Report

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At the annual meeting of the cooperative, held the Clinton Power Station, amendment to FFB March 8,1983, Kenneth Marlow was elected pres- notes, employment of an engineering firm to ident, Robert Gant was elected vice president, conduct a power requirements study, approval of 24 work orders and three inventory of work Roger Mohrman was elected assistant secretary-treasurer and I was elected secretary-treasurer. orders, sale and transfer of an abandoned 34.5 Kv Officers and directors are shown on the first page line between Kampsville-Hardin substation to Illinois Rural Electric Co., sale of part of Barclay of this report.

substation, closing documents of Contract 34-The board of directors held 12 regular board meet- SCADA with Harris Corporation, equipment con-tracts for substations, contracts for construction ings, one special meeting, one annual meeting and one annual meeting of directors during the year and right-of-way clearing for transmission lines, with attendance averaging approximately 13 of the host agreement with EER and the federal Environ-14 directors per meeting. mental Protection Agency, Springfield City Water, Light & Power interconnection contract, IP letter Your board of directors at board meetings,in addi- agreement extending the IPC purchase power tion to conducting normal business such as con- contract, letter of agreement between CIPS and sideration of the treasurer's report, financial and WIPCO extending the agreement for purchase of statistical reports, the general manager's report and power contract, purchase power contract with IPC, reports on various operations such as production substation liability agreements between WIPCO and transmission, cons dered many other items of and its members, employment of speciallegal business. These included capital credits, specific counsel relative to Clinton, and oral and written rules governing capital credits, budget, financial reports on emironmental and fuel matters.

forecasts, annual audit and REA construction audit, wages and salaries, employees' pensions, Financial records for the cooperative are main-renewed CFC line of credit, loan application for tained in accordance with the uniform system of accounts as prescribed by the Rural Electrification Administration, which is basically the same as that prescribed by the FERC. Assets, liabilities, state-ment of operations, load data, statement of changes in fm' ancial position, and margins g3 allocated to patrons of the cooperative and. m many cases, previous J g \

years are shown in the following tables.

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Stanley otten, Secretary Treasurer 4

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. . . -. .o , - ..- .a- . . ., ...% ,,m , - , . - - - - - - . . .~.4 1983 1982 Total Utility Plant in Service. . . . . . . . . . , . . . . . . . . S 34,118,139 S 31,876,705 Construction Work in Progress . . . . . . . . . . . . . . . . . 278,959,158 226,155,238 Total Utility Plant. . . . . . . . . . . . . . . . . . . . . . . . S313,077,297 $258,031,943 Accumulated Provision for Depreciation. . . . . . . . . . 13,118,385 12,145,131 Net U tility Plant . . . . . . . . . . . . . . . . . . . . . . . . . . S299,958,912- -S245,886,812 Investments in Associated Organizations. . . . . . . . . . 1,682,324 1,673,878 Su bscriptions to CFC . . . . . . . . . . . . . . . . . . . . . . . 172,000 332,000 Cash - G e n e ra l Fu n d . . . . . . . . . . . . . . . . . . . . . . . 1,842 1,312 Cash - R E A Loan Fu nd . . . . . . . . . . . . . . . . . . . . . . 507 1,077 Accounts Receivable - Net. . . . . . . . . . . . . . . . . . . 2,798,710 1,967,482 Materials and Supplies. . . . . . . . . . . . . . . . . . . . . . . . 1,259,729 1,389,513 Fuel Inventory ............................ 587,551 717,486.

P re pa y m e n ts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56,677 78,967 Other Current and Accrued Assets . . . . . . . . . . . . . . 13,874 136,989 To tal Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $306,532,126 $252,185,516 1983 1982 Long. Term Debt - R E A . . . . . . . . . . . . . . . . . . . . . . - S 24,590,104 $ 24,091,959 Long-Term Debt - F F B . . . . . . . . . . . . . . . . . . . . . . 267,728,000 ~ 212,815,000 Long-Term Debt - CFC - CTC . . . . . . . . . . . . . . . . 172,000 332,000 Short. Term Loans . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,963,941 8,886,326 Accou n ts Payab le . . . . . . . . . . . . . . . . . . . . . . . . . . . _3,363,532 2,736,592 I

Other Current Liabilities . . . . . . . . . . . . . . . . . . . . . . ~ 8,136,436 -352,273 Mem bers hips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~175 175 l Patronage Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,779,263 1,557,111.

I Operating Margin - Curren't Year . . . . . . . . . . . . . . .

(16,322)- 1,222,153 Non7 operating Margins . . . . . . . . . . . . . . . . . . . . . . . (3,376,931)' 63,281 Other Margins and Equities . . . . . . . . . . . . . . . . . . . . 191,928 128,646 Total Liabilities and Credits . . . . . . . . . . . . . . . . . S306,532,126 __

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NOTE: Fiscal year ends December 31.' ^

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1983 1982 1981 1980 1979 Total Electric Revenue. . . . . . . . . . $27,963,660 $24,935,923 $22,823,050 $22,185,822 $19,634,290 4

EXPENSES: .

Purchase Power (Wholesale). . . . . 19,001,872 15,175,535 14,629,185 14,428,143 12,538,914 Purchase Power (Interchange) . . . 2,219,052 2,378,885 2,185,804 1,949,365 1,835,374 Production Expense:

O p e rati ons . . . . . . . . . . . . . . . . 2,808,961 2,797,803 2,283,692 2,485,944 2,456,715 M ain te nan ca . . . . . . . . . . . . . . . 673,134 559,222 566,004 527,707 713,886 Transmission Expense:

Operations . . . . . . . . . . . . . . . . 421,561 334,672 390,327 339,532 310,260 Maintenance. . . . . . . . . . . . . . . 278,465 161,557 ' 171,771 192,073 171,696 Adtninistration and General Expense:

Sala ries . . . . . . . . . . . . . . . . . . 154,958 138,268 115,930 102,478 97,748 Supplies and Expense. . . . . . . . . 96,698 98,192 159,342 83,371 80,318 I nsu ran ce . . . . . . . . . . . . . . . . . 259,193 215,850 204,906 188,664 120,267 Total Operating Expense. . . . . . . . . $25,913,894 S21,859,984 $20,706,961 $20,297,277 $18,325,178 Fixed Charges:

Depreciation. . . . . . . . . . . . . . . $ 965,574 $ 907,341 $ 845,471 $ 815,574 - S 789,509 Tax Expense. . . . . . . . . . . . . . . 275,635 254,402 236,522 216,820 211,113 i n te re st - N et. . . . . . . . . . . . . . 824,879 692,043 852,197 678.443- 595,432 Total Fixed Charges. . . . . . . . . . . . S 2,066,088 $ 1,853,786 $ 1,934,190 S 1,710,837- S 1,596,054

Total Expenses . . . . . . . . . . . . . . . $27,979,982 S23,713,770 $22,641,151 $22,008,114 S19,921,232 Operating Margins . ..........(S 16,322) S 1,222,153 S 181,899 S 177,708 (S 286,942)

Non-operating Margins . . .... 54,787 - 63,281 43,676 52,529 43,204 Clinton .2 Write-off . ..... . . ($ 3.431,718) 0 0 0 0 Total Margins . . . . . . . . . . . . . . ($ 3,393,253) S 1,285,434 $ 225,575 5 ' 230,237 ($ . 243,738)

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1983 1982 1981 1980 1979 ELECTRICITY GENERATED AND PURCH ASED (1,000 kwh)

Energy G enerated . . . . . . . . . . . . . . . . . . . . . . 133,278 117,597 92,105 125,368 120,446 Energy Purchased from CIPS (Wholesale). . . . . . . 317,617 312,616 304,721 321,064 328,353 Energy Purchased from IP (Wholesale). . . . . . . . . 97,488 84,680 80,411 83,154 82,036 Energy Purchased from IP (Interchange) . . . . . . . 20,122 23,170 25,437 25,365 24,336 Energy Purchased from Springfield (Interchange) . 36,207 ~47,813 66,066 36,525 46,126 ENERGY SALES (1,000 kwh)

Sales to Member Cooperatives . . . . . . . . . . . . . 584,644 564,944 551,505 572,796 582,449 Sales t o 0 thers . . . . . . . . . . . . . . . . . . . . . . . 0 0 0 192 307 ELECTRIC SALES TO MEMBER COOPERATIVES (1,000 kwh)

Adams Electrical Co Operative. . . . . . . . . . . . . . 91,616 89,058 86,765 90,654 92,392 lilinois Rural Electric Co. . . . . . . . . . . . . . . . . . 108,599 108,083 105,627 109,698 111,237 M.J.M. Electric Cooperative, Inc. . . . . . . . . . . . . 93,515 91,443 88,437 92,382 90,608 Menard Electric Cooperative . . . . . . . . . . . . . . . 125,597 108,877 105,627 106,820 108,472 Rural Electric Convenience Cooperative Co.. . . . . 75,880 76,965 75,447 79,661 83,145 Spoon River Electric Co-operative,Inc. . . . . . . . . 48,957 48,820 48,714 51,516 52,959 Western lilinois Electrical Coop.. . . . . . . . . . . . . 40,480 41,698 40,888 42,065 43.636 TOTAL ELECTRIC SALES TO MEMBERS. . . . . . . 584,644 564,944 551,505 572,796 582.449 PEAK DEMAND MAXIMUM MONTH, KW BY MEMBERS Adams Electrical Co-Operative. . . . . . . . . . . . . . 23,432 25,699 22,157 20,239 23,262 lilinois Rural Electric Co. . . . . . . . . . . . . . . . . . 25,946 25,063 26,288 27,108 24,050 M.J.M. Electric Cooperative, Inc. . . . . . . . . . . . . 23,259 22,078 23,495 23,853 20,666 Menard Electric Cooperative . . . . . . . . . . . . . . . 41,587 34,776 33,874 - 34,146 29,215' g Rural Electric Convenience Cooperative Co.. . . . . 18,927 21,141 17,402 18,926 20,410 Spoon River Electric Co-operative,Inc. . . . . . . . . 12,554 11,850 11,929 12,305' 12,738 -

1 Western Illinois Electrical Coop . . . . . . . . . . . . . 9,228 - 11,034 ~ 9,464-  ! 9,699 10,042 -

SYSTEM MAXIMUM MONTH KW DEMAND . . . . . 150,485 139,726 141,172 146,125- 129,685 ANNUAL LOAD FACTOR %-

i MEMBER COOPER ATIVES . . . . . . . . . . . . . . . - 44.4 46.2 44.7 44.7- 50.9 i l

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1983 1982 SOURCE OF FUNDS Ne t M a rgin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (S 3,393,253) S 1,285,434 Dep re cia tion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,030,529 985,386 Advances from F F 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . 54,913,000 53,576,000 Advances from R E A . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,366,000 876,000 Loan Funds in Ban k . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 (630)

S53,916,276 556,722,190 APPLICATION OF FUNDS Additions to Utility Plant . . . . . . . . . . . . . . . . . . . . . . . $55,102,629 S59,704,369 increase in Investments in Associated Organizations. . . 8,446 103,873 Reduction of Long-Term Debt . . . . . . . . . . . . . . . . . . . 867 855 799,134 -

555 97tdJ30 560,607,376 WORKING CAPITAL (S_2.062,654) (S__3,885,186)

CHANGES IN WORKING CAPITAL Increase (decrease) in Current Assets:

Cash.................................... (S 40) ($ 5,500)

Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . 831,228 ( 158,458)

I n ve n to ries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ( 259,719) ( 85,004)

Prepaid Expenses and Other . . . . . . . . . . . . . . . . . . ( 145,405) ( 14,447)

Increase (decrease) in Current Liabilities:

N o tes Paya ble . . . . . . . . . . . . . . . . . . . . . . . . . . . . (S 5,922,385) S 2,940,587 Accou n ts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . 626,940 720,071

Acc ru ed Ex penses . . . . . . . . . . . . . . . . . . . . . . . . . . 7,784.163 ( 38,881)

$ 2.488,718 S 3,621,777 i WO R K I N G C AP ITA L . . . . .~ . . . . . . . . . . . . . . . . . . . . . . . . (S 2,062,654) (S 3,885.186)

Year ended oecember 31 w; .( , , Um . _, vym ....._~

.. , .. ._ . . . . ~ _ . . ~ _ ~ .

System 1963-1983 Adam s Electrical . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S 438,469.67-I l li n oi s R u ra l . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 532,385.93 M .J . M . E lec tric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 430,728.99 Menard E lectric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 519,942.09 R u ral E lectric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 367,192.29 Sp oon R ive r . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .260,005.90 Western Illin ois . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 218,623.94 City o f Springfield. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,914.63 filinois Power Company . . . . . . . . . . . . . . . . . . . . . . . . . . . _

$2,779,263.44

^8 1

4

=%

- _ . ,.N

i -1i). >  :

. ) ;1 V.

4 Loads need for irrigation. The graph below indicates loads Energy sales in 1983 increased 3.5 percent above through 1996 as predicted by our recent power 1982 sales, while peak demand increased about 7.7 requirements study. This econometric study uses percent to an all-time high of 150.5 megawatts, statistical techniques to forecast future loads using The peak, which occurred in July, may be the anticipated population trends, employment,-

result of the abnormally dry summer and resulting weather and cost of power as input variables.

275

-900 DEMAND AND ENERGY 250 -

ACTUAL AND ESTIMATED FUTURE

-800 225- *

,- -200 200- -

,,,_ * . . ~ ,'

s ,.- * , *. ' -600 -

y .--.., z SALES Ig 150 -

-500 -3 b

I 125 - e 3 DEMAND b o 5 ioo-

-300 75-ACTUAL _g ESTIMATED - - - - - - - -

25-0 , , , , , , , , , , , , , , , , , , , , . ; , , , , o 70 71 72 73 74 75 76 77 78 79 80 81 82 83 8485 86 87 8889 90 91 92 93 94 95 96 YEAR 9

e N ,

@@cp gpy C .,__;___ n -_wa _- ._

g_,2,,, s m n .: onut . Revenues and Expenses

, ,, i .. .c.o., .o. i.r =.n rrs

" ii ' ' " " "

Operating expenses

", e : eeded revenues by

,, $16,322; however, the n ," deficit widened to no ,i $3,393,253 due to the

• ,, write-off of Clinton Unit u i II. Debt Service Coverage a -

(DSC) and Times Interest e i i i46 ir i i s a s s s s & 4 a no si in is i. is is ir is is io is n Earned Ratio (TIER) were also down, with DSC at 0.90 and TIER at 0.89. ,

The pie chart below shows distribution of expenses. Purchased power costs are 6 percent above a year ago. Total cost of purchased power PURCHASED POWER $ 21,220,924 and production expenses represents 91.7 percent '

75.9 */o of all expenses.

ADMINISTRATION

& GENERAL $ 428,205 1.5 */o 2.5 */

TR ANSMISSO N PROOUCTON OPERATIONS 8 43 %

MAINTENANC E S 700,026, -FUEL $ 2,242,261 FIX ED 3.4 */ -OPERATIONS &

CHARGES $f,202,Ol7 - MAINTENANCE $ I,239,834 4.4 % -FIXED 8.0 % CHARGES $ 946,715 1

i l

l 10 j

} } } [' [j j *

'/

./

L

~

-~

9 _ . .

Wholesale purchased power costs in 1983 from costs increased over 1982 because of a rate increase Illinois Power Company and Central Illinois Public January 1,1983. Average cost from Illinois Power Service Company are shown in the following bar Company increased slightly because of changing chart. Central Illinois Public Service Company's load factors.

l AVERAGE 73 PURCHASE POWER COST l

y (Mills / KWHR) l l l IP 75

! l l CIPS 76 I

n ,

78 I

7s ,

I 30 ,

I a ,

I s2 y I

as I

0 2 4 6 8 30 I2 14 e6 18 20 22 24 26 28 30 R 34 36 3 40 42 44 48 48 SO St S4 SS S GO

~ 11

. -.... .- - . . = - -==. = -- -

l

\

x il& C D 1

s, L___-'==.' _ -_ : .a m -

u.m .

Total util. y plant is illus- n i trated on the bar chart at N I TOTAL UTILITY PLANT right and represents n i >= a' oa'*o actual plant in service, as n i well as expenditures for ,n i consnuedon of the an

~

i Clinton Power Station n i not as yet in service. *o 1 el 1 Production " I n i The cost of coal delivered a6iiiiiiiii5aiiii8iigiggjjjgjgjig to the Pearl Plant in 1983 decreased about 10 percent below 1982 costs as tion in 1982 because an overhaul of the steam plant shown on the bar chart following. Competition in and scheduled maintenance shutdowns. Generation the market for coal, supply and demand, and by the gas turbine and diesel units remain below WIPCO's ability to negotiate, unhampered by long- 300,000 kwh since they are primarily used for term coal contracts, all helped in lowering costs. peaking and emergencies. The balance of power, Most of the coal supply was delivered by barge dur- about 56 million kilowatt-hours, was purchased ing the year, although some was delivered by truck. through interconnections with Illinois Power Com-pany and the city of Springfield.

Energy generation in 1983 was up more than 13 percent from 1982, mainly due to reduced genera- In addition to normal maintenance at Pearl Station, a circulating water pump, the scrubber pump and an ash water T3 I COST OF C0AL pump Were removed and

,, , was coe w Toa sua.4) rebuilt. Superheater

.i steam tubes cracked on 3 i two occasions, each 77 I resulting in two-day

=

forced outages. Clogged 3 Te I

" TS air heaters caused a three-1 day forced outage. Not-so I withstanding the forced si I outages, Pearl Steam i Plant had its highest -

'3 -

availability factor (87.8 I percent) since 1977.

0 2 4 d 8 [O [2 14 [5 [O $0 I2 2'4 2's de 30 oottans Considerable mainten-12 l _

1 I

(

/

~

~~~

T " .. - . "1

~

I '~

ance was performed on the 22 Mw gas turbine; the steel roof was replaced, the exhaust plenum was _

rebuilt and the electronic control system was H 1

tested and calibrated. The gas turbine also received a new paintjob. + p\

~~

71 Illinois Power Company issued a revised cost esti- \ . . , -

41

. mate and schedule for Clinton Unit I in May 1983. g (' @ p ,

~

,(

Fuel loading is now scheduled to begin in January r M r"~ - Smym- .  ; _ p-3 1986, with commercial operation to follow in (f ,3.g tg. g3/.4 pgy November 1986. The new schedule appears to be

" ambitious but achievable,',' according to the J ggQ3ggy42-:;~}[>

ggg f;7Q<:3 g + g g g t- ;g g g h;d Nuclear Regulatory Commission. Ginton Power Station was about 82 percent complete at the end of 1983. The completion percentage has decreased ggyq p >gfrg g n ~g g

from 85 percent reported at the end oflast year g# 4 g g .3 , y ,gg;,;; p;a ,"fp pgpr 2hego _C due to the delay and increase in scope of work.

The revised cost estimate has increased the cooper-2EJC.'4 T $'

~~~'

ative's investment in Ginton to about $455 million 65?Nih ' , .

upon completion. Illinois Power Company offict-gp_ D 1%

ally cancelled Ginton Unit 11 in late 1983.

M , M}  % NS"W[,2l;,

...D, 7 ~*f%p WIPCO's investment in Ginton Unit II is con-tractually limited to $2,375,000 plus its cest of %k--M '

~

• @$ _w.- __

], ,,, C financi ; those sts are reflected in the project r, -

l*

4 - .- -

t -

.k #

,) [ ,

% , I

'g '. _

~

~

y . ',-

W [\ g /F f' pg i

ir , j g, j q;y p ,, , ,

1

<F a viy m,  ;

7 wei-g ..

1 f I. l. i i '.  ? Y ~

s c<g&gt- l Jap.L@

~

k

[hESLlG95 At left - The Barclay Substation. Top - The Pearl Station.

1. 9 Middle - The Clinton Power station. Bottom - The sugar Grove g 'g _ j f substation.

13

-- mr.- , .m _ .._ ,

7 _ _ . - __

' l

2m /

I i

l C'" . ;w - w= e-c Ja u~ U a -:- i=*~"'--

Transmission Mtv ~ ~ 7 7 ;;

J.O.

+4 System reliability projects started in 1982 and ri c 7g - 4 y+

energized in 1983 include: a second interconnec- jg 11. f .

y

@{ ' ,gl, ' "M asJ' tion with Illinois Power Company via the East Lanesville 138/69 Kv East Lanesville transmission station, the Knoxville switching station and asso- i gd .M. A]

g,p ciated transmission line to the Delong substation, (\. y conversion of the Hardin and Brussels substations C~ 3_ t to 69 Kv operation, Denver distribution substation U ?-

and transmission line, and the Winchester distri-

• - A bution substation. Distribution substations under SCADA console and chart recorders, construction include Barclay, Sugar Grove and Nor-Power from other electric utilities, voltage drop .

tomille. Barclay and Sugar Grme will be completed studiet, transformer loading, and power circuit during the first quarter of 1984. Completion of breaker control, as well as outage reporting. Its Nortonville substation and its associated 7% miles Primary use will be for proper dispatchmg of of transmission line is scheduled during the second p wer fr m the Clinton Power Stanon.

quarter of 1984.

About 63 percent of the substation and line crews' time w;as used for operation and maintenance Power supply studies have been a major task.

activines. Several studies were made to plan a course of

- action to hold down the rapid increase in costs Bd ," g'-

anticipated with Clinton.The studies have been

" m ,> A/v& p; - .'

. numerous, detailed and time consuming.

~

, l -. n s y+7 m We have recently put together a joint power supply i I >

l E

%:w#;d study with Soyland Power Cooperative which shows promise in limiting future power supply.

ri '

M , % MT , , costs to reasonable levels.

% h9 , j{ Qry g

^

3 y3 -

Other studies were g q e '. ,

~

pv Q;:- D ' d. made relative to ./ " g I l

.' requests for new -j~ ,

41

_ w. jf  % .

,, ~ %.

l, y ,

ddivery points and ,1 }i consoie or in. supervisory Controi and oata e cauisition system transmission system gg y- .); I (SCADA).

reliabihty. ,, p

~E Respectfully submitted, Our Supervisory Control and Data Acquisition System (SCADA) is complete and has been operat-ing with most functional capabilities in place for g /

the past year. It is being used for interchange of o,.3,in,m.n,o.n.,,$,,,,,,

14

.