Finances
Overview

You depend on the HBPW to provide reliable, cost-effective power,
water, and wastewater treatment. We take this responsibility seriously,
and we are always looking for new and innovative ways that we can
serve you better.

 

Total operating expenses for the electric utility increased from $67.82 million to $68.52 million in fiscal 2010, while total expenses in the wastewater and water utilities declined from $7.94 million to $7.66 million, and $5.31 million to $5.27 million, respectively. Metered sales in each of the three utilities increased slightly during the period, while the average number of customers for each of the three remained relatively flat.

2011 HIGHLIGHTS INCLUDE:

Approval of a $500,000 budget to test the viability of a potential 3,000 acre wind farm in Allegan County

Installation of lighting upgrades and activity sensors to reduce energy use and utility cost throughout our facilities

$5.6 million construction project underway to improve operations at and downstream of the wastewater treatment plant

2009 Holland BPW online annual report wins American Public Power Association (APPA) national award for best digital annual report

Implementation of both paperless billing and credit card payments for residential and small commercial customers

Electric rates that consistently average 15-20% lower than nearby competitors and are lower than the national average

Water rates that are some of the lowest in Ottawa County and are lower than both the Great Lakes region and national averages

Electricity

Water

Wastewater Treatment

Contributions to City & Expenses Breakdown

Downloads

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and choose "Save Link As" or "Save Target As." Note: The reports regarding
Public Act 295 contain information for calendar year 2010. Information for
calendar year 2011 will be provided as soon as it becomes available.

Holland BPW 2011 Annual Report
Letter from Loren Howard and Finances
Independent Auditorís Report

Information on Public Act 295 (PA295)

Energy Optimization & Renewable Energy Plan Holland Costs - Renewables