Finances

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

Total operating expenses for the electric utility increased from $73.36 million to $76.02 million in fiscal 2012, and total expenses in the wastewater and water utilities rose from $8.12 million and $5.58 million to $8.31 million and $5.66 million respectively. The number of customers utilizing our electric and wastewater treatment services increased slightly, while the number of customers using our water services decreased.

2012 Highlights Include:

Completion of our $5.6 million Headworks Facility construction project
Exhaustive Sustainable Return on Investment (SROI) study of Holland’s options for future power generation
2011 Holland BPW online annual report wins American Public Power Association (APPA) national award for best digital annual report, as well as a Gold ADDY and Judge’s Choice at this year’s West Michigan ADDY Awards
Rates that are consistently lower than our competitors