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HomeMy WebLinkAbout2023Annual Report.pdf ATL-E RECEIVED Tuesday,April 16,2024 8:30 AM IDAHO PUBLIC I TTILITIES COMMISSION ANNUAL REPORT OF Atlanta Power Company NAME 235 W. Yuba Vista Dr. Atlanta, Idaho 83716 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2023 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING 2023 COMPANY INFORMATION Line No. 1 Full name of utility: Atlanta Power Company 2 Date of organization: June 1985 3 Organized under the laws of the State of Idaho 4 Address of principal office: Street 235 W. Yuba Vista Drive P.O. Box City Atlanta State Idaho Zip Code 83716 Telephone Number Area Code ( 208 ) 864-2170 5 Nature of utility,whether person, partnership or corporation: Corporation 6 Cities.towns and counties served: Atlanta, Elmore County 7 List any affiliated companies. Give address and description of business: Yanke Machine Shop - 4414 S. Gekeler Ln. Boise Parker Wilkerson, PLLC 208-321-1323 8 Do any of the above companies provide service to the utiiity7 If yes. describe. Hydrogeneration Plant Repair / Accounting Services 9 Persons to contact: Mark Yanke 208-342-8901 / T.J. Sturges 208-321-1323 Name Telephone President(Owner) Gene Haught 208-864-2170 Nick Jones 208-401-4114 Vice President Secretary Treasurer General Manager Complaints or Billing Gene Haught 208-864-2170 Nick Jones 208-401-4114 Engineering Nick Jones 208-401-4114 Gene Haught 208-864-2170 Emergency Service GeneHaught 208-401-4114 Nick Jones 208-401-4114 Accounting Nick Jones 208-401-4114 Gene Haught 208-864-2170 1 Rev 11/23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 COMPANY INFORMATION (continued) 10 List any electric systems acquired during the year and any changes in the service area: N/A 11 Where are the Company's books and records kept? 1166 E. Leighfield Drive Meridian, Idaho 83646 12 If the system is maintained or operated under a service contract: N/A a. Who is the contract with? b. When does the contract expire? c. What services and rates are included? 13 If electricity is purchased for resale through the system,from whom is it purchased? Name of organization N/A Name of owner or operator Business address Telephone number�) Total annual quantity purchased 14 How many customer complaints were received during the year? 15 How many complaints concerned quality of service? 2 High bills? 2 Disconnection of service? N/A 16 How many customers were involuntarily disconnected? N/A 17 When did customers receive a copy of the Summary of Rules as required by IDAPA 31.21.01.701? Please submit copy with Annual Report. 2 Rev 11/23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 BALANCE SHEET Balance Balance Increase Beginning at or of Year End of Year (Decrease) ASSETS 100 Utility Plant 0 520,000 520,000 107 Construction Work in Progress 114 Acquisition Adjustment Subtotal 108 Less:Accumulated Depreciation ( 0 ) ( 20,800 ) ( 20,800 ) Net Utility Plant 123 Investment in Subsidiaries 124 Other Investments Total Investments 131 Cash 0 644.61 644.61 136 Short-Term Investments 142 Accts./Notes Receivable-Customers 0 4.91 4.91 143 Other Receivables 144 Less: Provision for Doubtful Accts. ( ) ( ) ( ) 146 Receivables from Assoc.Companies 150 Materials and Supplies 166 Prepaid Expenses 173 Unbilled Utility Revenue Total Current Assets 181 Unamortized Debt Discount&Expense 183 Prelim. Survey& Investigation Chgs. 184 Rate Case Expenses 186 Other Deferred Charges Total Deferred Charges TOTAL ASSETS 0 499,849.52 499,849.52 3 Rev 11123 ANNUAL REPORT 2 FOR SMALL ELECTRIC UTILITIES YEAR ENDED 33 BALANCE SHEET Balance Balance Increase Beginning at or of Year End of Year (Decrease) LIABILITIES AND CAPITAL 201 Common Stock 204 Preferred Stock 211 Paid in Capital 0 9281.76 9281.76 216 Retained Earnings 0 (48,028.88) (48,028.88) Total 221 Long-Term Debt 0 347,087.90 347,087.90 231 Notes Payable to Banks 231.1 Notes Payable to Others 232 Accounts Payable-Trade 232.1 Accounts Payable-Others 235 Customer Deposits 235.1 Revenue Billed in Advance 236 Accrued Federal Income Taxes 236.1 Accrued Income Taxes - Other 237 Accrued Interest 238 Dividends Accrued 241 Other Taxes Accrued/Withheld 0 372.74 372.74 242 Other Current Liabilities 0 36,136 36,136 252 Advances for Construction 255 Investment Tax Credit 262 Reserves for Contingencies 265 Other Liabilities&Reserves 0 155,000 155,000 271 Cont. in Aid of Construction Total TOTAL LIABILITIES &CAPITAL 0 499,849.52 499,849.52 4 Rev 11/23 ANNUAL REPOR16F� SMALL ELECTRIC UTILITIES YEAR ENDED 11 LL;;ii DETAIL OF UTILITY PLANT ACCOUNTS Balance Added Withdrawn Balance Beginning During During at Classification of Year Year Year End of Year 301 Organization 302 Franchise&Consents 310 Land &Land Rights 0 104,000 0 104,000 311 Steam Production Plant 312 Hydraulic Production Plant 0 416,000 0 416,000 314 Other Production Plant 343 Transmission Plant 343.1 Distribution Plant 348 General Plant 391 Office Furniture&Equipment 392 Transportation Equipment 394 Shop Equipment&Tools 399 Other Tangible Property Total Beginning of Year 0 XXXXXXXXXXX XXXXXXXXXXXXX Total Added During Year X)UUUUUUCXX 620,000 XXXXXXXXXXX XX =xXXXXXXX Total Withdrawn During Year XXX)UUUCXXX xxxxxxxxxxx 0 XXXXXXXXXX)U x Total End of Year XXX)UUU<XXX XXXXXXXXXXX XXX)UUUCUU XXXX 520,000 5 Rev 11/23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 DETAIL OF DEPRECIATION RESERVE ACCOUNT 110 Balance Added Retired Balance Beginning During During at Classification Rate of Year Year Year End of Year 311 Steam Production Plant 312 Hydraulic Production Plant 0 20,800 0 20,800 314 Other Production Plant 343 Transmission Plant 343.1 Distribution Plant 348 General Plant 391 Office Furniture & Equip. 392 Transportation Equip. 394 Shop Equipment&Tools 399 Other Tangible Property Composite Depr. Rate Reserve Balance Beg. of Year 0 XXXXXXX 0 XXXXXXXXXXXX Add. to Reserve During Year XXXXXXXX 20,800 0 XXXXXXXXXXXX Retirements From Reserve XXXXXXXX XXXXXXX 0 XXXXXXXXXXXX Reserve Balance Close of Year XXXXXXXX XXXXXXX XXXXXXXX 20,800 6 Rev 11/23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 SIGNIFICANT ADDITIONS TO PLANT Description Amount $ $ $ $ $ S S $ $ $ S $ RETIREMENTS OF PLANT Book Accumulated Description Cost Description S $ S $ S $ S $ S S S $ � S $ S S $ 7 Rev 11/23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 STATEMENT OF EARNED SURPLUS ACCOUNT 216 (This statement must be used for all corporations, partnerships and proprietorships) Amount Balance in Surplus Beginning of Year 0 Balance Transferred from Income Account 48,028.88) Other Credits 0 Dividend Appropriations-Distribution of Earnings 0 Other Charges 0 Balance in Surplus Close of Year (48,028.88) CAPITAL STOCK No. of Par on Outstanding Shares Stated Value Per Balance Dividends Class and Series of Stock Authorized Per Share Sheet Amount Paid Common Stock 100 3650 0 0 DETAIL OF LONG-TERM DEBT Outstanding per Interest Accrued Class & Series of Obligation Rate Balance Sheet Paid Interest Note Payable - Israel Ray 3% 347,087.90 9814.72 0 8 Rev 11/23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR EtY0E0 2023 STATEMENT OF INCOME Increase Current (Decrease) Year Prior Year Operating Revenues 61,518.39 Operating Revenue Deductions: Operating Expense 78,932.55 78,932.55 Depreciation 20,800 20,800 Other Taxes Federal Taxes on Income Total Revenue Deductions Net Operating Revenues Income from Merchandising Jobbing&Contract Income from Non-Utility Operations Gross Income Interest on Long-Term Debt 9814.72 9814.72 Other Interest Charges Net Income (48,028.88) (48,028.88) DETAIL OF OPERATING REVENUES Flat Rate Sales Metered Sales Residential 52,309.39 52,309.39 Metered Sales Commercial 9,209.00 9,209.00 Other Electricity Sales Sales to Irrigation Customers Total Operating Revenue 61,518.39 61,518.39 Hook-up or connection fees collected S To what account were they booked? 9 Rev 11123 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 DETAIL OF OPERATING EXPENSES Increase Current (Decrease) Maintenance Year Prior Year Power Generation-Labor 52,018.07 52,018.07 Power Generation- Materials&Supplies 18,896.16 18,896.16 Buildings, Fixtures&Ground -Labor Buildings. Fixtures &Ground - M & S Transmission Lines Distribution Lines 2317.25 2317.25 Services Meters Poles Meter Reading Labor Customer Accounting &Collection Sales Promotion Expense General Officers Salaries General Office Salaries General Office Supplies & Expense 374.18 374.18 Miscellaneous Expense (Attach Schedule) 4953.36 4953.36 Rents 373.53 373.53 Total Operating Expenses 78.932.55 78,932.55 OTHER TAXES Increase Current (Decrease) List by Types Year Prior Year Total Other Taxes 10 Rev 1 V23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 Year Original Name Plate Net Peak Total kW Name of Plant Construction Rating (kW) Demand (kW) Generation Hydro Kirby Dam 1907 110 Internal Combustion Diesel Back-up 2007 113 SUBMIT SYSTEM MAP INDICATING LINE VOLTAGE AND SHOWING LOCATION AND CAPACITY OF ALL TRANSFORMERS. 11 Rev 11/23 ANNUAL REPORT FOR SMALL ELECTRIC UTILITIES YEAR ENDED 2023 ENGINEERING Feet of Distribution Lines In Use Installed Abandoned In Use Beginning During During Close of Size of Year Year Year Year ELECTRIC STATISTICS NUMBER OF BILLS KWH SOLD This Year Last Year This Year Last Year Metered Residential 70 309,921 Commercial 4 36.704 Industrial Flat Rate Residential Commercial Industrial Street Lighting TOTALS 74 346,625 12 Rev 11/23 CERTIFICATE State of Idaho ) )SS County of 1� ) WE, the undersigned Nicholas Jones and of the Atlanta Power Company utility,on our oath do severally say that the foregoing return has been prepared under our direction,from the original books,papers and records of said utility;that we have carefully examined same, and declare the same to be a correct statement of the business and affairs of said utility for the period covered by the return in respect to each and every matter and thing therein set forth,to the best of our knowledge, information and belief. (Chief Officer) (Officer in Charge of Accounts) Subscribed and Sworn to Before Me this f rl� day of t � 1 SUSAN E CONGER Notary Public•State or Idaho NOTARY PUBLIC Commission Number 20210736 My Commission Expires Feb 18,2027 My Commission Expires excel/gkodVannual report form for elec 99.00.01.02.03 13 Rev 11123