ML20155E875
| ML20155E875 | |
| Person / Time | |
|---|---|
| Site: | Clinton  |
| Issue date: | 12/31/1987 |
| From: | Gant R WESTERN ILLINOIS POWER COOPERATIVE, INC. |
| To: | |
| Shared Package | |
| ML20155E817 | List: |
| References | |
| NUDOCS 8806160231 | |
| Download: ML20155E875 (18) | |
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7
1 \ Board of Directors
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3-Robert E. Gant Wayne Bol11ager Roger C. Mahrman Eldon E. Moore Presdent nce Presdent Secretary-Trusurer Asnt. Secretary.Trusurer Manager, hom Rural Duector, Spoon Rmr Manager, Adams Duector, M.J.M Esctne Co. Lectne Co-operaun. Inc. Lectrical Co-Ope raba Eectne Coenraba. Inc. ( Geegory A. Campbell William Griswold Dennis A. Keiser Dale R. Lepper Shev 'stoberts Manager Spon Rmr Duector, kom Rural Manager M.J.M. Duector, Menard Du u, 'iuern lass Eectra Co-opraun, Inc. Eectne Co. Eectnc Cooperabw, Inc. Eectne Cooperata iWtrWal Coop.
%dMMJk Gary Skaggs Dorland W. Smith Robert D. Smith Haven D. Vaughn Gregory D. Wilson Duertor, Raral Eectne Manager, Menard Duector. Adams Duector, Western kom Duector, Rural Deetne Cennnience Coonratm Eectne Cooperatwo Dectncal Co.OperaLa Eectncal Cocp. Cenwnience Cooperatm Facts Miles of 34.5 KV line . .103 Transmission Substations . .7 !
I Miles of 69 KV line .466 Full time Employees .S2 Miles of 138 KV line .20 Generation, MW . .32 Distribution Substat ns . .82 Member Cooperatives .7 1 1
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g lea Gary Bowman Duector, Spoon Rme Canoll F. Cline Director, Menard
%79LL% Robert Folles Director, M.! M James T. Brannan Director, hots Rural Lectne Co-operatm, Ine Decine Cooperatm Doctnc Cooperative, Inc. Doctne Co.
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Roy D. Goode Arthur Tenhouse b; Ross Wear t Manager, Rura] Doctne 'Arector, Adams Director, Western hom Convenience Cooperatm Doctncal Co-Operstm Deetncal Coop. l l i 2 l 1 L
@President's Report
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g..; .. . . Welcome to all member delegates to the 28th routine maintenance. On Nov. 22,1987, the annual meeting of Western Illinois Power plant came back to full power and will con-Cooperative, Inc. The operation of tne tinue until it is scheduled to come off line in cooperative in 1987 continued under the direc- late March 1988. Even though the plant is in tion of our interim manager, Dean Searls. production, the financing of this project is still WIPCO continued to operate under the pool- "9 "9#* ing agreement with Soyland Power During 1987 a good deal of effort has been Cooperative, Inc. and Illinois Power Company. spent on the restructuring of the WIPCO debt This enables WIPCO and Soyland to use as well as the refinancing of that debt. As we Illinois Power's generation on an "as-if owned" continue to negotiate with the Rural Electrifica-basis. By utilizing these pooled resources, our tion Administration on the restructuring of the power costs have remained relatively stable for overall debt, it became apparent that there the year. could be some savings to the WIPCO Soyland pool and the REA Revolving Fund to also The Clinton plant construction proaressed to a refinan e part of the WIPCO debt. Bet conclusion in 1987 - a milestone we have because of REA s interpretation of the regula-looked forward to for some ten years. At our Hon of renancing ad b nse 6 prest annual meeting last year it was reported that the plant had been approved for a low power rates, 6ere were n 1 nger any sasgs for b operating license. On Feb. 27,1987 at about 4 p 1 r f r the revolving fund by the end of the fiscal year. Restructuring negotiations con-a.m., the first self sustaining nuclear chain tinue and at this time looks very favorable, reaction was achieved. This marked the begin-pr viding we can get a good ruling on the ning of a series of tests that would conclude with a fully operating plant. treatment of our tax liability from Internal Revenue Service. This is one of the last By April 10,1987 the Nuclear Regulatory hurdles that must be jumped prior to putting Commission voted unanimously to issue a full this package together. power operating license for the Clinton Power I know that for all the people who have been Station. This full power license meant that the reactor could now operate at a level tcat would involved in this workout, it must seem very generate enough steam to turn the turbine long and involved. I wish to express my appreciation to my fellow board members and generator fast enough to generate electricity to Dean Searls and his staff of employees for and synchronize with the power grid. On April 24, 1987 this synchronization occurred and their dedication to power began to flow from the Clinton plant t WIPCO and its farms, homes, and businesses. mehmeauvet It takes all of us work-The Clinton plant continued to operate ing as a team to meet through the summer months as testing con-tinued and the plant limbered up to perform these challenges. (g' M-tf,, the 100 hour warranty run. This critical test Cooperatively yours, O- l was completed with flying colors on Oct.12, , 1987. During the full power 100 hour test, this O, +# q__. plant was providing full load capacity into the ONd d M-/ , Soyland-WIPCO Illinois Power pool as it was l designed to do. After the successful run of this Robert E. Gant. President I critical test, the plant was down for 35 days for l l a l
Secretary-Treasurer's Report The 27th annual meetmg of Western Illinois The board established a negotiating team with Power Cooperative, Inc. was held on March President Gant, Attorney Forrest Keaton and 11, 1987. The following officers were elected: Interim Manager Dean Searls being appointed Robert E. Gant, president: Robert F. Zook, for the federation with REA. The law firm of vice president; Roger C. Mohrman, secretary- Bryan, Cave, Mcpheeters and McRoberts was treasurer; and Wayne Bollinger, assistant appointed to represent the federation in legal secretary treasurer. Robert Zook retired from proceedings involving the Illinois Power Co. the board of directors in July 1987. To replace construction of the Clinton plant. him, Wayne Bollinger was elected vice presi-dent and Eldon E. Moore was elected assistant The firm of Deloitte, Haskins and Sells of secretary treasurer. Springfield, Illinois, was selected as our finan-cial auditor and they are presently completing Twelve regular board meetings, three special the 1987 audit. Financial records for the board meetings and the annual meeting of cooperative are maintained in accordance with members were held during 1987. Attendance the uniform system of accounts as prescribed at our regular and special board meetings was by the Rural Electrification Administration, very good, averaging 93 percent. which is basically the same as that prescribed by the Federal Energy Regulatory Commission During the course of the year, the WIPCO (FERC). Assets, liabilities, statement of opera-board was e stensively involved with negotia- tions, load data, statement of changes in finan-tions concerning both refinancing and restruc- cial position, and turing of the Clinton debt. Due to its impor- margins allocated to - - aq-- ;' tance, considerable time was devoted to debt patrons of the restructuring at nearly every regular meeting cooperative and, in and several special meetings were held on this
- matter, many cases, previous years are shown on the Q % e4 follcwing tables. C'Wf v., ).
The major agreements approved during the ! course of the year were the interim agreement Respectfully submitted, - between Illinois Power Co., Soyland and WIPCO, and the Indemnity B 91 Agreement. Gil, Q. h 4
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i l Other business included action on various Roger C. Mohrrnan budgets, financial forecasts, work order secretary treasurer l approvals and fuel contracts. The board also ' authorized the hiring of an independent engineering company to examine our present agreements and advise us on the feasibility of a merger with Soyland Power Cooperative and any other viable options that might be con-sidered. This study will be completed in early 1988. 4
Assets t .- o , Total Utility Plant in Service. . ..... . . .. . f[ '1987i
.$447,167,091 l yj 1986
$ 39,035,158 Nuclear Fuel . . . ........ .. . .. U 111,307,714 M O' Construction Work in Progress . . . . . . . . . . .. ...
Total Utility Plant . . ....... . I L 1 "490,741:: 5458,966,546 < 443.392,654
]4 $482,427,812 Accumulated Provision for Depreciation . . . ... b. 19,717,095j 16,727,436 Net Utility Plant. . . ... .. .. ... . . .. p $439,248,451; ] $465,700,376 Investments in Associated Organizations . .... . F 1,868,464 y 1,878,203 Illinois Power Company-Notes Receivable . . !' 2,321,800 Cash - General Fund. . .
' 9,546,902f]j10,5352; 17,394 Cash - REA Loan Fund . . .
. ., 1,615 1 722 Commercial Paper General & Constructiou . .. 1 16,642,000 ] 3,615,802 Accounts Receivable . .. . to 4,284,284 9 4,299,224 Accoants Receivable - Equity Fun ing .
Material and Supplies I . 6,511,342 ~
- 3,382,032 ))
6,287,163 1,287,958
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Fuel Inventory . . . . . . F 574,505 :1 622,185 Prepayments. . . .
'171,927.;j 76,928 Other Current and Accrued Assets. ..
380,779 )q 15,543 2 To t al Asse t s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [ . 8483,833,888 " $486,123,298 La s.,.- &_am.m Liabilities
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m Lorg Term Debt - FFB, Clinton Nuclear Plant . f 11987
< 5406,324,595 ?
Jl 1986
$406,324,S95 Long Term Debt - REA,2% and S% Loans Long Terre Debt - FFB,. Transmission .
f - 23,029,612 d
- 1,226,0001) 23,880,341 1,226,000
[- Account <. Payable . [ 16,061,748 l } 1,758,452 Accrued Interest Payable Other Current Liabilities . [;. -213,692j _ !483,757 ] 14,184,654 351,840 Soyland - IP Loan, Working Capital y , 10 2,321,800 Memberships <; w 17S ]4 175 Patronage Capital . [ 12,779,263 f I 2,779,263 Operating Margins - Current Year ! <
- (439,356)f 607,947 Nonoperating Margins L610,188 y 116,241 Operating Margins - Prior Year. [!? '(l',643,543) (2,367,731)
[ Equity Funding - Collected :31,488,658Dl1 l 28,460,630 Equity Funding - Uncollected f-s6,511,342E 6,287,163 Other Margins and Equities b 191,928'; 191,928 Deferred Revenue. [g 'S,784,777j 0 l- U, . J Total Liabilities . . . . . . . . . . . . . . .............. (' $483,833,838 $486,123,298 L a _ _m.m._d J 5
Statement of Operations F 1987 ' 1986 1985 1984 1983 t-Total Electric Revenue . .. . pl33,097fJ0q $30,813,747 $32,894,550 $29,656,288 $27,963,660 y < EXPENSES: I c - si l i .s Purchased Power. b C04 0 0 21,516,093 21,220,924
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Generation, Operation & k j m .
.,.4 Maintenance & Capacity . [ z 6,766,671 g 10,347,273 14,175,153 3,588,395 3,482,095 Energy Cost . . .
b ~S,798,800) 8,326,556 11,243,807 0 0 s ; Transmission Expense. .. h :1,542,157 'j 1,583,359 2,S7S,108 475,810 499,445 Distribution Expense. J240,427N 228,115 188,420 366,698 200,581 1-{ Administration & General [ , j 477,637 S34,101 510,849 Expenses. (-f {1,648,906 A 1,042,622
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Depreciation. .2,583,743 f j 2,673,S74 506,635 1,242,643 %S,574 l Taxes.. . . --2,004,667 3,979,846 148,225 253,440 275,635 Interest . . k = 6,337,3.82 .i 1,973,940 2,441,950 1,865,668 824,879 g WIPCO Adder. 0 0 0 0
;1,250,000 !.j Total Cost of Service -$32,772,883y $30,155,28S $31,756,935 $29,842,848 $27,979,982 Operating Margins . h l324,806 j 658,462 1,137,615 (186,560) (16,322) i Other Income. ku 283,308)i 65,726 59,6S2 S3,229 S4,787 j Writeoff . . (437,301haj 0 0 (38,415)m 3,431,718m Total Margins .
((:$i:170,833 j $ 724,188 r G .ww : a
$1,197,267 $(171,746) $(3,393,2S3) l l
Note: WIPCO and Soyland began operations as the Soyland/WIPCO Power Pool January 1,1985 (1) Clinton -2 (2) 345 KV line study and ash pond I (3) Separate work w,ders - Nuclear fuel l 6
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Load Data I . '1987 : : h 1986 1985 1984 1983 Electricity generated and f } ( Purchased (1,000 kwh) [ l Energy Purchased from i j Soyland/WIPCO Power Pool' b 9 583,597 590,265 603,510 104,712 Electric sales to {; Q) Member cooperatives (1.000 kwh) ~
.i Adams Dectrical Co-Operative . . ?85,290) 86,950 90,095 90,556 91,616 106,522 108,599 Illinois Rural Dectric Co. 1100,913 j# 102,226 104,600 M.J.M. Dectric Cooperative, Inc.. . .. :87,005 86,294 88,337 91,017 93,S15 Menard Dectric Cooperative .
= 130,058 . 126,427 128,784 131,518 125,597 Rural Bectric Convenience Cooperative Co.. . .. 71,6141 72,636 74,615 76,943 7S,880 Spoon River Dectric Co-operative, Inc. . . 40,982'l 41,953 44,712 46,596 48,957 Western Illinois Dectrical Coop. . 35.914 ; 36,569 39,403 40,481 40 480
[- [- M 553.055 570.546 583.633 584,644 Total electric sales to members . . . . . . . . . . . . . . . . . . R Peak demand maximum month, ""A Iw by members Colneident Peaks Non. Coincident Adams Dectrical Co. Operative fif,25] 19,088 22,047 23,005 23,432 Illinois Rural Dectric Co. - 23,398; 20,180 21,379 23,906 25,946 M.I.M. Dectric Cocperative, Inc.. O '22,000? 20,700 18,402 21,258 23,259 Menard Dectric Cooperative 30, % S 31,021 37,679 41,587 h" 233,4N4 Rural Dectric Convenience Cooperative Co.. 18,987j 15,996 16,606 18,115 18,927 Spoon River Bectric Co-operative, Inc. . - l 9,263 8,475 9,773 11,054 12,554 Western Illinois Dectrical Coop. - l7$ffi ,;. 7,995 9,103 10,119 9,228
, x System maximum month kw demand. . .p. . . . . . . . (; :t 115.736 ISL989_ 123.938 135.749 150.485 gp.
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Annualload factor % - ' v. _ Member-cooperatives . . . . . . . . . . . . . . . . . . . . . . . .
% % -4
[83)Q 54.6 52.6 48.8 44.4
*WIPCO and Soyland began operations as the Soyland/WIPCO Power Pool lan.1.198S. ** Energy generated by WIPCO generating units is assigned to Soyland/WIPCO Power Pool.
7
@Production Report Generation of the Pearl steam unit and the During the year,12,000 tons of bottom ash diesel units totalea 121,560.8 mwh for the were removed from the plant, a plant effic-year. Of this total, 121,467 mwh were iency test was performed under the direction generated by the steam unit, of Stanley Engineering, the coal pile storm run-off levee project was completed and the The steam unit was in service 66 percent of the conveyors, old stack and water tower were year, off line for economic reasons 21 percent, painted. At the Pittsfield plant, a new roof was ;
off line for scheduled maintenance 9 percent, installed and a fire protection system was l and off line due to unscheduled maintenance 4 installed as requerted by the insurance percent. The majority of the off line economic company. hours,1,619 or 89 percent, occurred from September through December, correlating to Routine maintenance at Pearl included: the the start-up of the Clinton Power Station. overhauling of the pulverizers, the rebuilding When the unit was on line, it was generating of the bottom hopper and clinker grinder and near capacity, averaging 21.1 mw per hour. continual repair of the wet scrubber. The gas turbine has been placed into a long-term storage condition with the intention of bringing it back to a standby mode in the future. L.s 9:>,, dss 7, fi m Projects started or to be started include: study-
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M .,, effluent pH to meet new Illinois Environmental ing methods of improving the ash pond [ hYdW'<k '*'hh % Protection Agency (EPA) permit restrictions,
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A , drilling a new well at Pearl, replacing the l ggf3 insulation and lagging on a portion of the wet ' N .j' . ,r, a scrubber duct and monitoring the condenser tubes to determine replacement feasibility. U% 3 se !
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The Pearl generator. PEARL STEAM UNIT
._ _ ~_ _7 The coming year will prove to be unique for _
Pearl. The information supplied to us from - - Ilhnois Power's dispatch is that with Clinton on !
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line, Pearl will be off line a considerable " amount of time. Instead of a base-loaded unit, I < Pearl will be a peaking unit, on standby at all - - j' times. The maintaining of idle equipment in a i standby mode, we have learned, takes a con- '- '- ' siderable amount of time and rethinking by all involved. We look for the steam unit to have a - - - very high availability rate in 1988. Unfor- - tunately, generation output will be low.
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lt I' I l % OF HOURS ON LINE [ % OF TOTAL POSSIBLE GENERATION
] WHILE ON LINE NOTE: When unit was on line it was generating an average of 96% capacity. Hours on line decreased August through December as Clinton started producing. During the month of December the steam unit was shut down due to economic reasons.
9
Transmission Report
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The majority of transmission line and substa- rerouting our integrated system to permit con-tion construction this year was caused by new struction of the Central Illinois Expressway. highway construction. The requirement for One mile of 69 kv line was built for more right of way to build additional lanes on McDonough Power Cooperative at Macomb, highway 104 east of Quincy mandated the giving them an alternate feed for most of their extension of our existing transmission line, system. constructing a new distribution substation and the dismantling of our existing Burton substa-tion. The structure has been stored at Retrofilling of transformers and disposal of the Jacksonville and will be used in the future. contaminated PCB-oil was initiated last year. This program has been expanded this year to The PittsfiaM distribution station, a wood pole include oil circuit breakers, primary meter =tructured arrangement, required extensive tanks and distribution substation regulators, work. Old poles and crossarms had to be We disposed of approximately 12,000 gallons replaced. New poles and crossarms added to of contaminated oil this year. We still have expand the structure to accommodate a new 15 substation equipment with PCB contaminated kv circuit, switchgear and metering, and a oil, but these units are classified as below 500 larger transformer bank was installed to sup- PPM. port new load. This year we tested all meters on the About 3% miles of transmission line was built integrated system. We also installed new low and nearly the same amount retired in voltage 15 kv metering in four stations x4 y 3J 1 i; , / r-x ; f, ,Q7 , '
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Y , The distribution substation at 5 4 N ' Pittsfield, serving Illinois I" Rural Electric Co. members, W Sk hh required extensive upgrading during the year.
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_an, Crews constructed a new distribution substation to serve the Burton area of Adams Electrical Co-Operative's service territory. The old Burton substation was dismantled and stored at Jacksonville for future use. This replacement was necessary because of new construction on highway 104 east of Quincy, allowing the removal of three primary meter integrated system on cur east boundary. The tanks that contained PCB contaminated oil. transformer f ailed in the tertiary winding or tertiary bushing arcing started an external fire. Preventative maintenance consisted of replac- The fire was fed from oil flowing from the main ing 63 poles, 72 crossarms, 246 insulators, and tank. It burned out of control for about 30 installing hardware cloth on 168 poles. All five minutes. Extensive damage was done to the of our 138 kv circuit switches were refilled transformer and foundation. This unit f ailed on with SF6 gas and test tripped. Ten cil circuit April 30,1987 and is being repaired at breakers were untanked, cleaned and test- McGraw Edison's repair shop. It is scheduled tripped. We had 32S oil circuit breaker opera- to be returned by Feb. 26,1988. The tions for the year. transformer's total weight is over 88 tons. Two major transformer failures: A S,000 kva, We have purchased storage racks for material three-phase transformer at the Athens substa- at the warehouse, a S,000 pound forkhf t, and a tion failed June 14. This unit was still under large pole trailer, all of which have been very partial warranty. General Electric repaired the useful. transformer and was put back in service Jan. 27, 1988. The other failure was a much larger WIPCO vehicles traveled approximately transformer - 138 69 kv, 20 mva unit located 170,000 miles and used 24,000 gallons of fuel in our East Lanesville substation and used for maintaining and constructing our transmission interchange with Illinois Power Co. This system. transformer supported WIPCO's 69 kv 11 1
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Interim Manager's Report m m mwsmm mu . _ c <mm w.~ u _ m -am To properly describe WIPCO's operations for from the Internal Revenue Service. This must the past 12 months would require the use of a be resolved before restructuring can be com-wide selection of adjectives. These would fortably accepted, range from "disappointment" to "successful achievement." The disappointment stems from Late in 1987, Congress enacted legislation to our inability to complete merger plans with allow G&Ts to refinance up to $2 billion of Soyland Power Cooperative. Much effort has Federal Financing Bank (FFB) loans. I'm been made by both WIPCO and Soyland by pleased to announce that on Feb. 22, 1988, holding numerous meetings with The Rural WIPCO was able to refinance nearly $282 Electrification Administration (REA), The million of high interest FFB loans. This is but National Rural Utilities Cooperative Finance one of the steps WIPCO is pursuing to provide Corporation (CFC), the justice department and stable wholnsale power assessments to its seven The Office of Management and Budget (OMB). member cooperatives now and in the future. Term sheet conditions for restructuring the While the road to a merger has seemed long Clinton debt have been reviewed and are and difficult, most of the bumps and detours nearing the final stages for acceptance. have been overcome and it's expected that the Restructuring may bring about a tax liability combining of WIPCO and Soyland into one t,
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.s A new dry fly ash collection system was installed 4 during 1987. The new collector catches the dry fly j ash, keeping it from going into the fly ash pond.
( When the Pearl plant is at full operation, about 11
,1 tons of ash is created per day. This ash is taken to a landfill near Pittsfield. The now system is i working very well, collecting about 60 percent of the fly ash produced at Pearl.
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t i s.-+ d WIPCO purchased a new pole . g- .__L- % % trailer during the year. The I m ,. W ," .- trailer, which links to a fif th g gew @ %< p9d; , ,
'W %N d 2 D A" 4 o O N. wheel, will allow crews to haul 1012 transmission poles per trip, bx ' @;pth% . compared to just three or four h(4 -MMP
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4 Lc; entity can be accomplished within the next six consumption did not show an increase over months. During 1987 we were able to 1986 - the members' acceptance of heat accomplish needed maintenance on our pumps should show substantial increase in the generating facilities. In our quest to save years ahead. While sales of WaterFurnace heat money and hold costs to a minimum, we nearly pumps exceeded by three times the number defeated this time-honored objective. Roof predicted - this sales effort has only scratch-maintenance at the Pearl and Pittsfield plants ed the surface. With added personnel and a was delayed to the extent that required exten. year's experience to help guide the future, our sive replacement, including insulation. marketing efforts to build load will brighten One of the long range primary objectives of WIPCO directors has been to develop and establish stable assessments. This is being accomplished largely through long range plan-ning. The directors are to be complimented for pursuing and achieving this goal. Power cost studies developed in the early 1980s predicted . (' a sharp upward adjustment in power costs , 't "-- - when the Clinton Power Station came on line. To prevent this "shock" the power costs were '& % adjusted to gradually absorb this increase. As h a result, we have established reasonably stable ( t 3 assessments for our distribution members. A 1 gradual incline to reach the summit is more acceptable than an abrupt climb - whether it u i be power costs or attempting to negotiate a ^ 9 [ j mountain range. V ,i ,, g
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1 a On the brighter side of WIPCO's operations, where we might properly use the adjective WIPCO crews and several contractors completed a major project at Pearl, retubing the Number 2 ,' successful achievement," is the promotion of feedwater heater. The plant experienced some groundwater heat pumps. While 1987 power failures with tube leaks prior to the retubing. 13
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The coal conveyor system at Pearl has been repainted. WIPCO and Soyland's future. To those cooperatives who are actively pursuing this activity - congratulations. To the others, I recommend an intensive load building pro-gram to improve your economic health. While our primary focus has been on achiev-ing stable power costs, some attention has been given to both short-term and long-term lI planning that will enable WIPCO to render
'enn9 more reliable service to its members in the future. This planning comes about through
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;j i suggestions from management, employees and i
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, 8W members. A case in point is a possible tie to the Central Illinois Public Service Co. (CIPS) jj transmission line at WIPCO's Hadley substa-f.- tion. This tie would provide a second source of energy to five of WIPCO's substations. The l
object of our existence is to providc the best service possible at the least cost. This tie, as l' would others, would be compatible with our objectives. As we investigate and achieve new financing The East Lanesville substation was damaged by methods, we'll also be looking for ways to fire on April 30. 1987 - after the transformer rnake our plants last longer. New generation failed in the tertiary winding or bushing. A fire that is now at our disposal will enable us to started af ter that f ailure and burned out of control reduce "full throttle" operation - thus ex:en-l for about 30 minutes before it was brought under control. The transformer, a 138/69 kv 20 mva unit, ding the useful life of these plants. Greater is used for power interchange with Illinois Power emphasis will be given to marketing the pro-Co. duct we produce. There is little economy in 14
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I WIPCO crews had to move a pole on the East 1 Hannibal transmission line to accommodate con. struction of the Centrol Illinois Expressway near East Hannibal.
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existing transmission lines, substations, genera-tion and other associated equipment unless used near its potential capacity. We face a l very chalknging future - a period that i requires the best ellorts of directors, manage-ment, employees and members. Through my I close association with WIPCO for many years i I believe we are well equipped to meet those challenges that lie .. . - _ . . _ ahead. Respectfully submitted, I
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. C LEGEND. pDiERATIM CAPACITY
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1 l 1 o I i j i 1 Western Illinois Power Cooperative, Inc. P.O. Box 609
- Jacksonville, IL. 62651 * (217) 245 6161 i}}