Printer Friendly
The Free Library
19,604,540 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CWL Not Worried About $3M Drop in Earnings. (NE Journal).


The soft electric market will cause Jonesboro Jonesboro, city (1990 pop. 46,535), a seat of Craighead co., NE Ark., on Crowley's Ridge; founded 1859, inc. 1883. The city services a rich agricultural area with many processing plants.  City Water and Light to see a near $3 million drop in earnings in 2002.

The utility produces more electricity than its customers can use, and the excess is sold on the open market, said CWL CWL Catholic Women's League
CWL Campus Wide Login
CWL Center for Writing and Learning
CWL Concealed Weapons License
CWL Cardiff, Wales, United Kingdom - Cardiff-Wales (Airport Code)
CWL Congestion Window Limit
CWL Crying With Laughter
 manager Ron Noun 1. Ron - a Chadic language spoken in northern Nigeria
Bokkos, Daffo

West Chadic - a group of Chadic languages spoken in northern Nigeria; Hausa in the most important member
 Bowen Bow·en   , Catherine Drinker 1897-1973.

American writer of semifictional biographies, such as The Lion and the Throne (1957), a life of Sir Edward Coke.
.

But the electric market is soft now, he said.

Bowen said for years there wasn't enough electricity being generated, and now there's more supply than demand.

"All indications are it's going to be a buyer's market A Buyer's Market is the second novel in Anthony Powell's twelve-novel series, A Dance to the Music of Time. Published in 1952, it continues the story of narrator Nick Jenkins with his introduction into society after boarding school and university.  for a while," he said.

In addition, gas prices are low, which helps keep the price of generating electricity down.

"We'd like for the electric market in some ways to be high," Bowen said. "But the truth is you get those fluctuations and interest changes, fuels costs change [and] market power changes -- and those are just normal fluctuations."

The total revenue of the water, sewer SEWER. Properly a trench artificially made for the purpose of carrying water into the sea, river, or some other place of reception. Public sewers are, in general, made at the public expense. Crabb, R. P. Sec. 113.  and electric departments will be about $75.5 million in 2002 This year, $80.8 million was budgeted for revenue.

The utility will have $5.4 million less revenue for its electric section but only $2.4 million less in expenses, which includes the savings from the fuel costs to supply those sales that it won't make, Bowen said.

However, the drop in earnings, from $7.4 million this year to $4.4 million in 2002, doesn't concern the utility that much.

"Our five-year projections indicate that, short of some unknown variables, we think our rates will be stable for the next five years," Bowen said.

The utility doesn't see a need to raise its customers' electric rates, which have been the same since 1984.

"Our costs have not fluctuated a lot,". Bowen said.
COPYRIGHT 2001 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Jonesboro City Water and Light
Comment:CWL Not Worried About $3M Drop in Earnings. (NE Journal).(Jonesboro City Water and Light)
Author:Friedman, Mark
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 17, 2001
Words:281
Previous Article:Colson Cuts 46 Employees. (NE Journal).
Next Article:ASU Slashes Budget By $1.4 Million. (NE Journal).
Topics:



Related Articles
Jonesboro Group Tries to Save Old Plant.
$5M Expansion Begun by Jonesboro Utility.
Jonesboro utility awards $1.25 million job to local firm. (NE Journal).
Jonesboro utility sees earnings fall. (NE Journal).
Jonesboro CWL sees insurance rate rise. (NE Journal).
Rural Water Service merges with Jonesboro CWL. (NE Journal).
Jonesboro utility buys transformer for new mall.
Jonesboro utility buying generator.
Jonesboro utility offers 16 acres for $2.2 million.
Jonesboro utility expects $12.47 million profit in 2008.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles