NEWS RELEASE NEWS RELEASE NEWS RELEASE NEWS RELEASE NEWS • • • • RELEASE CONTACT: Kathy D. Taylor Corn Belt Power Cooperative P.O. Box 508 Humboldt, Iowa 50548 515-332-7726 FOR IMMEDIATE RELEASE CORN BELT COOPERATIVE HOLDS ANNUAL MEETING HUMBOLDT Stop Getting Better” was the theme for the 70th Corn Belt Power Cooperative — “Never Annual Meeting April 5 at the Best Western Starlite Village, Fort Dodge. The meeting’s theme reflected on events from 2016, including the construction of several large transmission projects, implementation of new generation technology and addition of new commercial and industrial electrical load. Corn Belt Power sold more kilowatt-hours of electricity to its member systems in 2016 than in any previous year in the cooperative’s history. Sales totaled 1,962 million kilowatt-hours, surpassing both the 2015 total of 1,890 million kilowatt-hours and the previous all-time record high of 1,956 million kilowatt-hours, set in 2014. Higher commercial and industrial sales drove the total to record highs. The poultry industry resumed operations after recovering from the effects of the avian flu in 2015. Although agriculture-related manufacturing was lower in 2016, agriculture processing increased. Ethanol plants added load, including new grain handling operations. Corn Belt Power’s 2016 system peak occurred on a hot Thursday afternoon July 21. Clear skies, high humidity and temperatures that passed 90 degrees resulted in a 111-degree heat index and a 313-megawatt system peak load. During the meeting, patronage checks were distributed to member cooperatives, totaling $1,108,037 from 2004 deferred patronage. Don Feldman, president, Corn Belt board of directors, previously announced he will step down from the president’s office after this annual meeting. In his last address as president, Feldman reviewed the cooperative’s accomplishments during his tenure. He said, have been fortunate to have a culture of “We cooperation, where we work together. We operate with accountability. We’ve made it an ongoing practice to
NEWS RELEASE • NEWS RELEASE • NEWS RELEASE • NEWS RELEASE • NEWS RELEASE CONTACT: Kathy D. Taylor Corn Belt Power Cooperative P.O. Box 508 Humboldt, Iowa 50548 515-332-7726 FOR IMMEDIATE RELEASE CORN BELT COOPERATIVE HOLDS ANNUAL MEETING HUMBOLDT — “Never Stop Getting Better” was the theme for the 70th Corn Belt Power Cooperative Annual Meeting April 5 at the Best Western Starlite Village, Fort Dodge. The meeting’s theme reflected on events from 2016, including the construction of several large transmission projects, implementation of new generation technology and addition of new commercial and industrial electrical load. Corn Belt Power sold more kilowatt-hours of electricity to its member systems in 2016 than in any previous year in the cooperative’s history. Sales totaled 1,962 million kilowatt-hours, surpassing both the 2015 total of 1,890 million kilowatt-hours and the previous all-time record high of 1,956 million kilowatt-hours, set in 2014. Higher commercial and industrial sales drove the total to record highs. The poultry industry resumed operations after recovering from the effects of the avian flu in 2015. Although agriculture-related manufacturing was lower in 2016, agriculture processing increased. Ethanol plants added load, including new grain handling operations. Corn Belt Power’s 2016 system peak occurred on a hot Thursday afternoon July 21. Clear skies, high humidity and temperatures that passed 90 degrees resulted in a 111-degree heat index and a 313-megawatt system peak load. During the meeting, patronage checks were distributed to member cooperatives, totaling $1,108,037 from 2004 deferred patronage. Don Feldman, president, Corn Belt board of directors, previously announced he will step down from the president’s office after this annual meeting. In his last address as president, Feldman reviewed the cooperative’s accomplishments during his tenure. He said, “We have been fortunate to have a culture of cooperation, where we work together. We operate with accountability. We’ve made it an ongoing practice to