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Zeeland BPW to Hold Meeting April 21st about Sale of Blendon Substation | Events

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Zeeland BPW to Hold Meeting April 21st about Sale of Blendon Substation
Zeeland BPW to Hold Meeting April 21st about Sale of Blendon Substation

News Release:

Zeeland, Mich.– The Zeeland Board of Public Works (ZBPW) has announced they will host a public meeting on April 21, 2011, to discuss the potential sale of equipment at the Blendon Substation. ZBPW is encouraging city of Zeeland voters to attend the meeting to learn more about the potential sale, which requires voter approval in the May 3 election. 

The meeting will be start at 7 p.m. at the Howard Miller Community Center, 14 S. Church Street, Zeeland. Refreshments will be served.

“Rather than incurring the costs of regulatory compliance associated with ownership of equipment at the Blendon Substation , the Board of Public Works would like to explore the option of selling the equipment and depositing the money back into the BPW general fund,” said Bill Cook, general manager, Zeeland Board of Public Works. “We are inviting the public to hear about the options available, so they can make an informed decision on the May 3 ballot.”

In the wake of the blackout of 2003, the North American Electric Reliability Corp. (NERC) has determined that the ownership of certain transmission facilities such as those owned by the ZBPW at the Blendon Substation must comply with national reliability standards. In order to comply with these standards, ZBPW would have to spend an estimated $6 million over the next 20 years. ZBPW rates to customers would correspondingly reflect these added costs.

The Michigan Electronic Transmission Company (METC), which already supervises, operates and maintains the substation, is interested in purchasing the substation for its current book value of approximately $400,000. Because the METC already operates the substation, the sale would have no impact on ZBPW’s transmission access or service.

According to the city charter, the ZBPW isn’t allowed to sell any part of usable utility assets unless it is approved by a super majority (60 percent) of city residents who participate in the election.

 

About Zeeland Board of Public Works The Zeeland Board of Public Works is a municipally owned water and electric utility serving the city of Zeeland, Michigan and its surrounding community. The Board of Public Works Commission provides oversight and direction for utility operations as well as approval over rate and budgetary matters. The board is comprised of five residents of the city who are appointed by the Zeeland City Council. For more information please visit, http://www.bpw.zeeland.itright.com/Home/tabid/4316/Default.aspx

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