News

Top Stories

No Rate Increase!

At Modern Electric Water Company’s December board meeting, the Board of Directors approved the 2012 Operating Budget. This budget contained some major uncontrollable costs including a 7% increase from the Bonneville Power Administration for wholesale power costs (this amounts to over 65% of Modern’s annual expenditures), a substantial increase in insurance premiums, and escalating costs in the course of doing business. These increases are similar to what other utilities and businesses are currently experiencing.

Modern’s Board of Directors is very sensitive to the hard economic times that many of its customers are facing. Because of this, Modern’s Board of Directors approved the new 2012 Operating Budget with NO RATE INCREASE for either electric or water service to its customers.

Because of Modern’s consistent and conservative operations approach, along with its sound business practices, it is able to continue to offer low rates to customers without sacrificing good customer service or the financial health of the utility.

As a consumer owned, not-for-profit utility, Modern is operating for the betterment of its customers and is very sensitive to the impact its rates have on the financial well-being of both individuals and businesses in the community.

Modern’s Automatic Meter Reading (AMR) System

In 2008, Modern converted to Two Way Automatic Communication System (TWACS) meters. TWACS meters use existing power lines as a communication path, providing fast and accurate information for operations. Recently, in the media there have been concerns regarding electric meters that continually generate Radio-Frequency (RF) Energy. Since the readings go through the power lines, Modern’s TWACS meters do not generate RF signals.

To view our Current Connection Fall Newsletter Click Here

To view our Current Connection Winter Newsletter Click Here