Valley Electric Association, Inc.
800 E Highway 372 • PO Box 237 • Pahrump, NV 89041-0237
Phone: (775) 727-5312 or (800) 742-3330 (In Nevada) • Fax: (775) 727-6320 • www.vea.coop
MONTHLY REPORT TOBOARD OF DIRECTORS
May 2020
Valley Electric Association, Inc.
800 E Highway 372 • PO Box 237 • Pahrump, NV 89041-0237 Phone: (775) 727-5312 or (800) 742-3330 (In Nevada) • Fax: (775) 727-6320 • www.vea.coop
May 20, 2020 The regular board of directors meeting has been set for Wednesday, May 27, 2020 beginning at 8:30a.m. The meeting will be conducted via telecommunication. Proposed Agenda:
1. Call to Order
2. Attendance
3. Pledge of Allegiance, Moment of Silence
4. Approval of the Agenda
5. Member Comment Period
6. Director Comment Period
7. Approval of the minutes of the April 29, 2020 regular meeting
8. Presentation of Financial & Statistical Reports
9. Unfinished Business
10. New Business
a. Estate Capital Credit Retirements
b. Board Resolution 2020-04, Elected Directors
c. Board Committee Reports 1. Charitable Foundation Committee 2. Finance Committee 3. Member Liaison Committee 4. Policy Committee
d. Nye County – Community Center
11. Staff Reports a. Chief Executive Officer Report b. Departmental Reports
12. Executive Session 13. Adjournment
Tab 1
Approval of Minutes
Page 1 of 4
VALLEY ELECTRIC ASSOCIATION, INC.
REGULAR MEETING OF THE
BOARD OF DIRECTORS A regular meeting of the Board of Directors of Valley Electric Association, Inc. (“VEA”) was held on Wednesday April 29th, 2020, beginning at approximately 8:32 a.m., at VEA’s headquarters in Pahrump, Nevada. The meeting was held via Zoom, pursuant to Governor Sisolak’s Emergency Directives, COVID-19, and given concerns related to social distancing.
Ms. Keyes presiding as President, appointed Mr. Sweetin as Parliamentarian. Ms. Keyes called the roll of Directors present: Kathleen Keyes, President; Michelle Caird, Vice-President (“VP”); Terrie D’Antonio, Secretary; Rob Shirley, Treasurer; Bonnie Groenert; and Robin Barber
Also present via Zoom were: Mark Stallons, Chief Executive Officer (“CEO”); Steve Morrison, Chief Financial Officer (“CFO”); Bart Thurgood, Chief People Strategist; James Andresen, Director of Engineering & Operations; Nate Johnson, Executive Vice President, Broadband; Doug Maughan, Manager of Power Resources; Amy Carlson, Executive Assistant; Bill Perna, Manager of Customer Service; Joe Fieldsted, Manager of Safety; Jack Venezio, Manager of Network Operations; Cassy Potter, IT Help Desk Technician; Amber Crotty, Administrative Assistant; and Bob Sweetin, Davison Van Cleve, General Counsel; Members: Bruce Holden and Surely Karganilla.
Ms. Keyes called the meeting to order 8:32 a.m., Pledge of Allegiance, followed by a moment of silence. 1. Approval of the Agenda. Ms. Groenert moved to approve the agenda. Ms. Caird seconded
the motion. No comments. The motion was approved unanimously. 2. Member Comments. No Comments.
3. Director Comments. Ms. Caird thanked VEA staff; Ms. D’Antonio thanked Members for
food distribution; Ms. Keyes thanked Members for food drive; Ms. Barber thanked Board and Members for all they do and encouraged all to stay in a positive frame of mind.
4. Approval of Minutes from March 25, 2020 Regular Board meeting. Ms. Groenert moved to
approve minutes as amended. Ms. Barber seconded the motion. The motion was approved unanimously.
5. Presentation of Financial and Statistical Report. Presented by Mr. Morrison, consistent with provided back-up materials.
Mr. Shirley moved to approve. Ms. D’Antonio seconded the motion. No further comment. The motion was approved unanimously.
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6. Unfinished Business. None.
7. New Business.
a. First Quarter Bad-Debt Report. 131 Accounts unable to collect. Write-off’s total $41,980.71 between VEA and VCA, after recovery through future capital credit retirements ($22,366.46) for a net write-off of $19,614.25. Ms. Caird moved to approve. Ms. Barber seconded the motion. No further comment. The motion was approved unanimously.
b. Capital Credit Retirements. Total $15,828.78 from five estates. Net Present Value
$9,364.53. Total $6,466.25. Mr. Shirley moved to approve. Ms. D’Antonio seconded the motion. No further comment. The motion was approved unanimously.
8. Board Committee Reports.
a. Finance Committee met on Monday April 27th, 2020. The 2019 Annual Report was reviewed by Mr. Morrison. March 2020 financial information for Board meeting was also presented.
b. Policy Committee Report. The Policy Committee is scheduled to meet on May 8th,
2020 to review the progress of the policy review being led by Kathy Mattocks.
c. Member Liaison Committee Report. The committee will meet again in June, once the Annual Meeting has taken place.
d. Charitable Committee Report. Discussion on grant applications and review, along
with a follow-up on the large donation made to all the Districts to aide food distribution efforts.
9. CEO and Staff Reports.
a. CEO Report. Presented by Mr. Stallons, consistent with submitted report.
Reviewed last month of meetings and progress. Spoke to changes made due to COVID-19, making payments more convenient through the drive-through and other methods. Discussed transmission planning process, engagement with schools, and ensuring broadband is available. Further discussed how problems are solved as to distance learning opportunities. Mr. Stallons discussed opportunities with SunPower and Solarize to provide roof-top solar to Members. Monitoring of stimulus bills and several other matters.
Comment from Ms. D’Antonio regarding rooftop solar. Ms. D’Antonio expressed concerns about door-to-door salespersons implying a connection with VEA and also raised concerns related to social distancing. Ms. D’Antonio requested that more information be provided to Members indicating that there is no approved or sponsored vendor by VEA. Ms. Groenert reflected same concerns.
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Question from Ms. Groenert about participating in district meetings. Ms. Carlson explained that any Board Member/Member can watch any district meeting on VEA’s website.
b. Safety Report. Presented by Mr. Fieldsted, consistent with submitted report.
c. Human Resources Report. Mr. Thurgood presented the report consistent with previously submitted information. Mr. Thurgood spoke in great detail about COVID-19 and keeping employees safe.
d. Accounting, Customer Service and Fleet Report. Presented consistent with written
report. Lobby is currently shut down. Discussion regarding logistical impacts of lobby shut down. Members have numerous avenues to make payments.
e. Power Resource Report. Presented by Mr. Maughan, consistent with written report.
Total energy purchases were ~42M kWh. Less power in the month of March. April and May will likely be lower. NRECA released a study that COVID-19 will decrease energy usage by approximately 6%. VEA has not seen the full affect yet, since only two weeks of March were affected by Executive Order. Energy prices for March were favorable. Average was $23.71 per MWh. Twin peaking model, we are in the shoulder months. March was slightly lower than the last two years for energy purchases. Peaking decreased as well, as compared to the prior two years. Resource Mix, we only had three energy sources: BP base load (64%); hydro (29%), solar (7%). No peaking contract was in effect in March. Oil pricing decline did not substantially affect VEA’s pricing due to long-term contract requirements. Congestion Revenue Rights are unusually negative compared to historical pricing. There is negative congestion pricing in the market right now. VEA is selling rights each month. Lake Mead is 7 feet deeper than last year at the same time. Increased lake levels benefit the hydro resource. VEA is preparing various filings for the applicable regulatory authorities.
f. Engineering Report/Operations and Projects. Presented by Mr. Andresen, consistent with pre-submitted written report. Pahrump Planning District is no longer issuing any new building permits during this COVID-19 pandemic. This will quell any new construction and rooftop solar permits. VEA signed an engineering contract for the Gamebird expansion, this improves a potential voltage issue. NextGen Farms, the first 400-amp service is now in. All teams are working on Strategic Planning for the June 2020 deadline. VEA is not seeing a drop in job completion time due to the COVID-19 impacts. The canopy is now installed for the Lathrop Wells charging station, which means that this project is 100% complete. Ms. Groenert asked about the status of the community center. Mr. Stallons answered that VEA has not received any new information on that–still in a holding pattern–but there has been no change in the target date.
g. VCA/Broadband Report. Presented by Mr. Johnson, consistent with pre-submitted report. Mr. Johnson described some new developments in fiber deployment. Fiber is being deployed into the DMV building. Once construction can commence, VCA
Page 4 of 4
will try to sign up new government customers for service. VCA has looked at becoming a preferred vendor of the state. The crews are working on the WiMax towers and performing battery maintenance. The batteries need to be good for at least 4 hours. After much troubleshooting, VCA has found the component that is causing the evening latency issues. The issue was found before the Stay-at-Home orders were instituted. At peak times, system is operating at 55%. The Board discussed how a consumer can test its speed. Mr. Johnson described Speed Tests and Ookla (Nokia) servers. Spoke about phone servers, customer service and IT adjustments for telecommuting.
Ms. D’Antonio moved to approve staff reports. Ms. Caird seconded the motion. No further discussion. The motion was approved unanimously.
Zoom Meeting terminated at 10:44 a.m. with no further question. Executive session to reconvene at 11:15 a.m.
There being no further matters to discuss, Ms. Caird moved to adjourn the meeting. Ms. Barber seconded the motion. The motion was approved unanimously. The March 2020 meeting of the Board of Directors was adjourned at 1:15 p.m. DATED this 27th day of May, 2020.
Kathleen Keyes, President Terrie D’Antonio, Secretary
Tab 2
Financials
Monthly Reports and Financial ResultsAs of April 30, 2020
VALLEY ELECTRIC ASSOCATION CONSOLIDATED YEAR OVER YEAR MONTHLY RESULTS APRIL 2020 STATEMENT - UNAUDITED
2020 2019 VARIANCE BUDGET VARIANCE
VEA 4,584,715$ 4,674,100$ -1.9% 4,705,747$ -2.6%VETA 601,988$ 615,840$ -2.2% 670,190$ -10.2%Comms 724,162$ 623,533$ 16.1% 732,526$ -1.1%Operating Income 5,910,865$ 5,913,473$ 0.0% 6,108,464$ -3.2%Total Cost of Power 2,418,487 2,242,886 -7.8% 2,523,893 4.2% GROSS OPERATING MARGIN 3,492,377 3,670,587 -4.9% 3,584,571 -2.6%
Distribution Expense - Operation 807,413 625,037 -29.2% 777,411 -3.9%Distribution Expense - Maintenance 286,147 285,291 -0.3% 321,941 11.1%Consumer Accounts Expense 197,791 211,275 6.4% 216,315 8.6%Customer Service & Informational Expense 53,668 51,773 -3.7% 62,267 13.8%Sales Expense 34,566 65,018 46.8% 49,931 30.8%Administrative and General Expense 767,959 1,038,386 26.0% 704,230 -9.0% TOTAL OPERATING EXPENSES 2,147,544 2,276,779 5.7% 2,132,096 -0.7%
Fixed Costs (Depr. & Taxes) 1,110,851 1,104,648 -0.6% 1,111,548 0.1%Interest Expense (LTD) 736,471 750,096 1.8% 761,691 3.3%Interest Charged to Construction 1,597 1,419 -12.5% 1,220 0.0%Interest Expense - Other 35,363 165,851 78.7% 33,777 -4.7%Other Deductions 6,845 9,458 27.6% 6,763 -1.2% TOTAL EXPENSES FOR VEA 4,038,670 4,308,252 6.3% 4,047,095 0.2%
NET OPERATING MARGIN (546,292) (637,664) 14.3% (462,524) -18.1%
Interest Income (Non-Operating) 4,617 16,155 -71.4% 8,080 -42.9%Non-Operating Margins - Other (1,773) 69,145 -102.6% (9,775) 81.9%Other - Capital Credits & Patronage Dividends - - - - 0.0%
NET NON-OPERATING MARGIN 2,844 85,300 -96.7% (1,695) 267.8%
TOTAL MARGINS (543,448)$ (552,365)$ 1.6% (464,219)$ -17.1% EBITDA 1,337,989$ 1,384,350$ -3.3% 1,445,712$ -7.5%
YTD(APR) YTD(APR) YTD(APR) APR
2019 2020 BUD 2020 Dollars % Dollars %
Operating Revenue and Patronage Capital 27,537,249 27,793,652 27,933,902 5,910,865 256,402 0.9% (140,251) -0.5%
Power Production Expense - -
Cost of Purchased Power 13,431,115 12,064,115 12,336,356 2,418,487 1,367,001 10.2% 272,241 2.2%
Distribution Expense - Operation 2,808,019 3,128,560 3,132,744 807,413 (320,541) -11.4% 4,184 0.1%
Distribution Expense - Maintenance 1,278,810 1,153,496 1,287,729 286,147 125,314 9.8% 134,233 10.4%
Consumer Accounts Expense 819,944 829,830 865,386 197,791 (9,886) -1.2% 35,556 4.1%
Customer Service and Informational Expense 177,328 254,394 249,082 53,668 (77,066) -43.5% (5,312) -2.1%
Sales Expense 304,407 156,537 199,628 34,566 147,870 48.6% 43,091 21.6%
Administrative and General Expense 4,740,484 2,999,199 2,813,087 767,959 1,741,285 36.7% (186,112) -6.6%
Total Operation & Maintenance Expense 23,560,107 20,586,130 20,884,012 4,566,032 2,973,977 12.6% 297,882 1.4%
Depreciation & Amortization Expense 4,256,800 4,364,537 4,356,254 1,093,236 (107,737) -2.5% (8,283) -0.2%
Tax Expense - Property & Gross Receipts 0 - 0 -
Tax Expense - Other 87,172 67,196 66,000 17,615 19,976 22.9% (1,196) -1.8%
Interest on Long-Term Debt 3,017,285 3,003,742 3,052,114 736,471 13,543 0.4% 48,371 1.6%
Interest Charged to Construction (Credit) 3,974 4,018 4,880 1,597 (43) -1.1% 862 17.7%
Interest Expense - Other 674,687 151,171 144,711 35,363 523,516 77.6% (6,460) -4.5%
Other Deductions 46,078 40,911 27,053 6,845 5,167 11.2% (13,857) -51.2%
Total Cost of Electric Service 31,646,103 28,217,705 28,535,024 6,457,157 3,428,399 10.8% 317,319 1.1%
Patronage Capital & Operating Margins (4,108,854) (424,053) (601,121) (546,292) 3,684,801 89.7% 177,068 29.5%
Non Operating Margins - Interest 81,086 34,236 32,240 4,617 (46,850) -57.8% 1,996 6.2%
Allowance for Funds Used During Construction 0 0 0 0 0 - 0 -
Income (Loss) from Equity Investments 0 - 0 -
Non Operating Margins - Other 188,703 (32,683) (39,100) (1,773) (221,386) -117.3% 6,417 16.4%
Generation & Transmission Capital Credits 0 - 0 -
Other Capital Credits & Patronage Dividends 427,964 495,607 500,000 0 67,643 15.8% (4,393) -0.9%
Extraordinary Items 0 - 0 -
Patronage Capital or Margins (3,411,101) 73,107 (107,981) (543,448) 3,484,208 102.1% 181,088 167.7%
EBITDA 3,931,065 7,166,611 7,022,837 1,337,989 3,235,547 82.3% 143,774 2.0%
2020 VS 2019 2020 VS BUD
PERIOD ENDED APRIL 30, 2020
VALLEY ELECTRIC ASSOCIATIONCONSOLIDATED INCOME STATEMENT - UNAUDITED
ASSETS AND OTHER DEBITS LIABILITIES AND OTHER CREDITS
1. Total Utility Plant in Service $339,442,715 30. Memberships $194,460
2. Construction Work in Progress 3,647,908 31. Patronage Capital 130,943,766
3. Total Utility Plant (1+2) 343,090,624 32. Operating Margins - Prior Years (63,694,146)
4. Accum. Provision for Depreciation and Amort 97,808,195 33. Operating Margins - Current Year (424,053)
5. Net Utility Plant (3-4) 245,282,428 34. Non-Operating Margins 497,160
6. Nonutility Property - Net 0 35. Other Margins & Equities 10,650,494
7. Investment in Subsidiary Companies 0 36. Total Margins & Equities (30 thru 35) 78,167,680
8. Invest. in Assoc. Org. - Patronage Capital 5,639,266 37. Long-Term Debt RUS (Net) 0
9. Invest. in Assoc. Org. - Other - General Funds 0 (Payments-Unapplied ($___________)
10. Invest in Assoc. Org. - Other - Nongeneral Funds 1,846,304 38. Long-Term Debt - FFB - RUS Guaranteed (Net) 0
11. Investments in Economic Development Projects (Payments-Unapplied ($___________)
12. Other Investments 1,088,915 39. Long-Term Debt - Other - RUS Guaranteed 0
13. Special Funds 0 40. Long-Term Debt - Other(Net) 227,058,391
14. Total Other Property & Investments (6 thru 13) 8,574,486 41. Long-Term Debt - RUS Economic Development (Net) 0
15. Cash-General Funds 3,280,425 42. Payments - Unapplied16. Cash-Construction Funds-Trustee 0 43. Total Long-Term Debt (37 thru 41 - 42) 227,058,391
17. Special Deposits 4,390,552 44. Obligations Under Capital Leases 2,075,686
18. Temporary Investments 0 45. Accumulated Operating Provisions - Asset Retirement Obligations 2,406,660
19. Notes Receivable - Net 0 46. Total Other Noncurrent Liabilities (44+45) 4,482,346
20. Accounts Receivable - Net Sales of Energy 5,546,299 47. Notes Payable 0
21. Accounts Receivable - Net Other 988,654 48. Accounts Payable 5,851,979
22. Renewable Energy Credits 0 49. Consumers Deposits 845,963
23. Materials & Supplies - Electric and Other 4,442,490 50. Current Maturities Long-Term Debt 8,015,228
24. Prepayments 1,983,850 51. Current Maturities Long-Term Debt-Economic Dev.
25. Other Current & Accrued Assets 2,253 52. Current Maturities Capital Leases 3,483,939
26. Total Current & Accrued Assets (15 thru 25) 20,634,523 53. Other Current & Accrued Liabilities 4,463,025
27. Regulatory Assets 0 54. Total Current & Accrued Liabilities (47 thru 53) 22,660,134
28. Deferred Debits 60,512,643 55. Regulatory Liabilities 0
29. Total Assets & Other Debits (5+14+26+thru 28) $335,004,080 56. Deferred Credits 2,635,528
57. Total Liabilities & Other Credits (36+43+46+54 thru 56) $335,004,080
VALLEY ELECTRIC ASSOCIATIONAS OF APRIL 30, 2020
CONSOLIDATED BALANCE SHEET - UNAUDITED
VALLEY ELECTRIC ASSOCIATIONADDITIONAL SUPPORTING REPORTS
AS OF APRIL 30, 2020
APR 2020 Current Month Year to Date2020 2019 Change Var. 2020 2019 Change Var.
Member Sales 34,856,382 36,830,654 (1,974,272) -5.4% 179,649,370 187,562,621 (7,913,251) -4.2%SCE Interchange 1,016,520 1,933,560 (917,040) -47.4% 3,998,520 5,118,120 (1,119,600) -21.9%VEA Internal Use 186,151 172,458 13,693 7.9% 811,749 805,406 6,343 0.8%Total Sales 36,059,053 38,936,672 (2,877,619) -7.4% 184,459,639 193,486,147 (9,026,508) -4.7%
Purchases 36,699,076 37,362,604 (663,528) -1.8% 183,467,362 191,469,446 (8,002,084) -4.2%SCE Interchange 2,801,160 3,537,720 (736,560) -20.8% 4,832,280 5,189,400 (357,120) -6.9%Total Purchases 39,500,236 40,900,324 (1,400,088) -3.4% 188,299,642 196,658,846 (8,359,204) -4.3%
System Losses 8.71% 4.80% 3.91% 2.04% 1.61%
System Demand 85,656 82,134 3,522 4.3% 126,145 130,634 (4,489) -3.4% Month Demand Occurred APR'20 APR'19 FEB'20 JAN'19
ENERGY REVENUEResidential $2,768,021 $2,527,068 $240,953 9.5% $14,034,803 $13,420,570 $614,234 4.6%Irrigation $174,198 $190,151 ($15,953) -8.4% $281,580 $266,154 $15,426 5.8%Commercial - <50 KW $403,787 $432,242 ($28,455) -6.6% $1,865,670 $1,789,048 $76,622 4.3%Commercial - 50-249 KW $408,753 $476,815 ($68,062) -14.3% $1,973,805 $1,884,395 $89,410 4.7%Commercial - 250 KW & Up $397,409 $508,984 ($111,575) -21.9% $1,884,969 $1,967,640 ($82,672) -4.2%Contract Sales $257,371 $340,250 ($82,880) -24.4% $1,514,971 $1,820,922 ($305,951) -16.8%Street Lighting $3,617 $3,684 ($67) -1.8% $14,335 $14,115 $220 1.6%Total Revenue $4,413,156 $4,479,195 ($66,039) -1.5% $21,570,132 $21,162,844 $407,289 1.9%
(0) (0) 0ENERGY SALES
Residential 19,613,481 17,700,006 1,913,475 10.8% 103,211,288 106,566,423 (3,355,135) -3.1%Irrigation 1,313,243 1,704,638 (391,395) -23.0% 2,501,736 2,570,820 (69,084) -2.7%Commercial - <50 KW 2,751,876 2,987,484 (235,608) -7.9% 13,163,755 13,527,161 (363,406) -2.7%Commercial - 50-249 KW 3,765,044 4,433,452 (668,408) -15.1% 20,642,731 18,208,088 2,434,643 13.4%Commercial - 250 KW & Up 3,681,307 4,908,568 (1,227,261) -25.0% 17,953,107 19,548,288 (1,595,181) -8.2%Contract Sales 3,721,369 5,086,763 (1,365,394) -26.8% 22,136,850 27,102,869 (4,966,019) -18.3%Street Lighting 10,062 9,743 319 3.3% 39,903 38,972 931 2.4%Total Sales (kwh) 34,856,382 36,830,654 (1,974,272) -5.4% 179,649,370 187,562,621 (7,913,251) -4.2%
AVG KWH SALESResidential 952 883 69 7.8% 1,252 1,330 (78) -5.9%Irrigation 5,889 7,748 (1,859) -24.0% 2,805 2,921 (116) -4.0%Commercial - <50 KW 1,286 1,401 (115) -8.2% 1,538 1,586 (48) -3.0%Commercial - 50-249 KW 17,036 19,881 (2,845) -14.3% 23,352 20,413 2,939 14.4%Commercial - 250 KW & Up 94,392 140,245 (45,853) -32.7% 115,084 139,631 (24,547) -17.6%Contract Sales 3,721,369 5,086,763 (1,365,394) -26.8% 5,534,212 6,775,717 (1,241,505) -18.3%Street Lighting 2,012 3,248 (1,236) -38.1% 1,995 3,248 (1,253) -38.6%Total 1,500 1,626 (126) -7.7% 1,933 2,070 (137) -6.6%
CONSUMERS APR'20 APR'19 Change APR'20 APR'19 ChangeResidential 40 41 (1) 20,611 20,037 574 2.9%Irrigation (2) 0 (2) 223 220 3 1.4%Commercial - <50 KW 2 6 (4) 2,140 2,132 8 0.4%Commercial - 50-249 KW (1) 5 (6) 221 223 (2) -0.9%Commercial - 250 KW & Up 1 0 1 39 35 4 11.4%Contract Sales 0 0 0 1 1 0 0.0%Street Lighting 0 0 0 5 3 2 66.7%Total Consumers 40 52 (12) 23,240 22,651 589 2.6%
REVENUE PER KWHResidential 0.1411 0.1428 (0.0016) -1.2% 0.1360 0.1259 0.0100 8.0%Irrigation 0.1326 0.1115 0.0211 18.9% 0.1126 0.1035 0.0090 8.7%Commercial - <50 KW 0.1467 0.1447 0.0020 1.4% 0.1417 0.1323 0.0095 7.2%Commercial - 50-249 KW 0.1086 0.1075 0.0010 0.9% 0.0956 0.1035 (0.0079) -7.6%Commercial - 250 KW & Up 0.1080 0.1037 0.0043 4.1% 0.1050 0.1007 0.0043 4.3%Contract Sales 0.0692 0.0669 0.0023 3.4% 0.0684 0.0672 0.0013 1.9%Street Lighting 0.3595 0.3781 (0.0187) -4.9% 0.3592 0.3622 (0.0029) -0.8%Total 0.1266 0.1216 0.0050 4.1% 0.1201 0.1128 0.0072 6.4%
VALLEY ELECTRIC ASSOCIATION, INC.13 Month Cash Flow
Sources of Cash Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20
Energy & Broadband Billing 5,793,031 5,829,173 4,817,736 6,275,117 7,181,800 6,955,970 7,001,334 5,110,451 5,754,027 7,143,788 6,734,401 6,494,935 5,563,991Line of CreditCapital Credits/Interest Income 25,304 10,966 12,156 11,263 4,600 343,439 18,625 4,764 10,360 5,417 2,881 3,474 21,745Aid to Construction 99,666 93,301 60,581 143,628 284,580 71,720 260,138 136,193 173,484 185,264 253,626 195,662 82,575Accounts Receivable 780,514 1,196,193 409,920 429,654 1,174,804 1,556,632 1,362,504 548,247 2,549,480 410,265 560,630 1,091,801 1,232,974CAISO/AEPCO 181,430 54,489 50,651 338,487 144,742 205,926 203,897 36 46,306 84 225,297 296,051Total Sources of Cash 6,879,946 7,184,122 5,351,045 6,859,661 8,984,272 9,072,502 8,848,527 6,003,552 8,487,387 7,791,040 7,551,622 8,011,169 7,197,336
VALLEY ELECTRIC ASSOCIATION, INC.13 Month Cash Flow
Uses of Cash Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20
PlantPlant Materials VEA 123,537 119,841 130,646 144,466 78,038 194,049 52,184 152,369 252,005 17,668 61,266 87,430 94,255 VETA 31,544 2,624 VCA 22,656 90,581 17,509 213,027 68,676 115,797 5,829 139,316 42,454 160,176 119,732 6,873 145,429Construction Work in Progress VEA 153,795 138,336 48,104 140,509 104,280 79,478 20,681 1,387 99,093 7,500 13,976 9,500 93,219 VETA 205,878 28,354 136,235 575,731 110,751 747,469 138,121 28,244 91,147 11,852 13,683 1,274 VCA 30,630 40,000 59,640 87,261 69,500 8,740 32,988 47,619 197,372 23,655 22,083General Plant 125,137 56,411 7,681 27,972 28,050 38,927 32,700 10,265 44,073 5,462 10,585Total Plant 661,633 448,655 392,133 641,676 903,906 536,787 889,825 517,739 454,496 286,756 448,271 146,603 366,845
InvestmentsTotal Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt ServiceLong Term Debt - Principal 97,070 100,464 1,439,848 100,959 630,943 1,454,667 101,703 98,863 1,472,735 99,382 99,639 1,758,567 100,170Long Term Debt - Interest 204,654 197,674 2,034,450 196,141 316,114 1,993,543 190,350 164,908 1,846,301 172,536 161,758 1,536,119 153,180Line of CreditTotal Debt Service 301,724 298,139 3,474,298 297,100 947,058 3,448,210 292,053 263,771 3,319,036 271,919 261,397 3,294,686 253,350
OperationsPurchased Power/Margin Calls 2,323,888 2,101,322 2,361,796 2,544,922 3,226,335 2,899,754 2,518,846 2,293,678 2,863,009 3,636,297 2,928,518 2,919,144 2,103,868Gross Payroll 1,143,086 1,141,056 1,163,806 1,218,773 1,585,984 1,073,076 1,131,490 1,191,902 1,112,963 1,934,746 1,106,840 1,093,053 1,132,633NRECA Benefits 1,116,389 990,101 1,036,334 1,006,630 1,041,203 391,383 477,565 412,256 383,305 1,196,665 1,259,698 995,366 1,116,825Capital Credits 12,696 1,376 44,851 14,263 37,830 28,527 102,511 34 35,405 9,853 17,170 4,373 27,989Transmission SaleOperating Material & Services 1,400,136 1,276,666 1,047,430 980,820 1,505,253 933,058 1,536,656 947,872 1,375,556 1,251,810 886,736 1,122,453 1,104,782Total Operations 5,996,195 5,510,522 5,654,217 5,765,407 7,396,605 5,325,798 5,767,068 4,845,742 5,770,238 8,029,371 6,198,962 6,134,389 5,486,097
Total Uses of Cash 6,959,552 6,257,316 9,520,647 6,704,183 9,247,569 9,310,795 6,948,945 5,627,252 9,543,770 8,588,046 6,908,629 9,575,678 6,106,292
Net Cash Increase/(Decrease) (79,606) 926,806 (4,169,602) 155,478 (263,297) (238,293) 1,899,582 376,300 (1,056,383) (797,006) 642,993 (1,564,509) 1,091,044
VALLEY COMMUNICATIONS
MONTHLY REPORTS &FINANCIAL RESULTS
AS OF APRIL 30, 2020
ASSOCIATION
YTD(APR) YTD(APR) YTD(APR) APR
2019 2020 BUD 2020 Dollars % Dollars %Revenue - Internet 2,264,183 2,868,770 2,766,735 711,270 604,587 26.7% 102,034 3.7%Cost of Sales - Internet 948,677 1,154,685 1,241,716 267,995 (206,008) -21.7% 87,031 7.0%Gross Margins - Internet 1,315,506 1,714,084 1,525,019 443,275 398,579 30.3% 189,066 12.4%Revenue - VOIP 49,333 86,328 80,340 18,443 36,995 75.0% 5,988 7.5%Cost of Sales - VOIP 67,110 57,756 67,028 13,107 9,354 13.9% 9,272 13.8%Gross Margins - VOIP (17,776) 28,572 13,312 5,337 46,349 260.7% 15,260 114.6%VEEK Revenue 8,841 8,340 9,533 1,037 (502) -5.7% (1,193) -12.5%Smart Home Revenue - - - - 0 0.0% 0 0.0%TOTAL REVENUE 2,321,746 2,963,437 2,856,608 730,750 641,691 27.6% 106,829 3.7%Total Cost of Sales 1,108,456 1,212,441 1,308,854 281,101 (103,984) -9.4% 96,413 7.4%Gross Margins 1,213,290 1,750,996 1,547,754 449,648 537,707 44.3% 203,242 13.1%Maintenance Expense 30,842 42,853 23,185 7,731 (12,011) -38.9% (19,668) -84.8%Consumer Accounts Expense 109,315 111,517 172,009 24,584 (2,201) -2.0% 60,493 35.2%Customer Service (VEEK) Expense - - - - 0 0.0% 0 0.0%Sales Expense 87,070 27,657 49,637 9,667 59,413 68.2% 21,980 44.3%Admin and General Expense 293,981 323,472 312,939 75,779 (29,492) -10.0% (10,533) -3.4%Total Controllable Costs 521,208 505,498 557,771 117,762 15,710 3.0% 52,273 9.4%Total Operating Expenses 1,629,664 1,717,939 1,866,625 398,863 (88,275) -5.4% 148,686 8.0%Depreciation & Amortization Expense 1,671,819 1,775,711 1,765,986 446,291 (103,892) -6.2% (9,725) -0.6%Tax Expense-Other 47,959 66,089 66,000 16,522 (18,130) -37.8% (89) -0.1%Interest Expense 218,799 144,731 144,711 33,797 74,068 33.9% (20) 0.0%Int Charged to Const 0 0.0% 0 0.0%Other Deductions (167) - - - (167) -100.0% 0 0.0%Total Expenses 3,568,074 3,704,470 3,843,322 895,473 (136,396) -3.8% 138,852 3.6%Net Margins (1,246,328) (741,033) (986,714) (164,723) 505,295 40.5% 245,681 24.9%EBITDA 692,249 1,245,498 989,983 331,886 553,249 79.9% 255,515 25.8%
PERIOD ENDED APRIL 30, 2020
VALLEY COMMUNICATION ASSOCIATIONCONSOLIDATED INCOME STATEMENT - UNAUDITED
2020 VS 2019 2020 VS BUD
ASSETS AND OTHER DEBITS LIABILITIES AND OTHER CREDITS1. Total Plant in Service $45,768,259 30. Memberships $0 2. Construction Work in Progress 1,240,469 31. Patronage Capital 0 3. Total Plant (1+2) 47,008,729 32. Operating Margins - Prior Years (21,550,556)4. Accum. Prov for Deprec and Amort 15,327,793 33. Operating Margins - Current Year (1,287,902)5. Net Plant (3-4) 31,680,935 34. Non-Operating Margins 0 14. Total Other Property & Investments 0 35. Other Margins & Equities 45,000,000 15. Cash-General Funds 15,330 36. Total Margins & Equities (30 thru 35) 22,161,542 16. Cash-Construction Funds-Trustee 0 40. Long-Term Debt - Other(Net) 0 17. Special Deposits 0 43. Total Long-Term Debt 0 18. Temporary Investments 0 44. Obligations Under Capital Leases 2,075,686 19. Notes Receivable - Net 0 46. Total Other Noncurrent Liabilities 2,075,686 20. Accounts Receivable Trade 494,997 47. Notes Payable 0 21. Accounts Receivable - Net Other 0 48. Accounts Payable 9,451,839 23. Materials & Supplies 1,441,822 49. InterCompany payable 0 24. Prepayments 55,039 50. Current Maturities Long-Term Debt 0 25. Other Current & Accrued Assets 0 52. Current Maturities Capital Leases 3,483,939 26. Total Current & Accrued Assets 2,007,188 53. Other Current & Accrued Liabilities 5 28. Deferred Debits 3,484,887 54. Total Current & Accrued Liabilities 12,935,783
56. Deferred Credits 0 29. Total Assets & Other Debits $37,173,010 57. Total Liabilities & Other Credits $37,173,010
VALLEY COMMUNICATION ASSOCIATIONAS OF APRIL 30, 2020
BALANCE SHEET - UNAUDITED
Tab 2A
Unfinished Business
Tab 3
New Business
Early Capital Credit Retirement Requests May 27, 2020
Estimated Estimated MemberName CC Amount NPV Difference District Number Years
1 Estate of $3,356.32 $2,092.51 $1,263.81 1 1998-2011
2 Estate of $5,384.58 $3,091.56 $2,293.02 6 1995-2017
3 Estate of $4,598.77 $3,812.06 $786.71 1 1991-2003
4 Estate of $4,093.02 $2,132.17 $1,960.85 1 2003-2017
5 Estate of $3,908.93 $1,997.12 $1,911.81 6 2006-2017
6 Estate of $1,957.52 $1,046.50 $911.02 1 2004-2017
7 Estate of $2,081.12 $1,023.22 $1,057.90 6 2008-2017 Totals $25,380.26 $15,195.14 $10,185.12
APPROVED at the May 27, 2020 Board of Directors Meeting
Steve Morrison, Chief Financial Officer
Tab 4A
Chief Executive Officer
Report
May 27, 2020
CEO BOARD REPORT
Business Meetings Several meetings with NISC regarding software and
best practice process review Ongoing COVID-19 weekly team meetings Several Strategy communications team meetings Attended phone system upgrade meeting Power Supply strategy & risk management meetings DER Strategy Team meeting Broadband strategy meeting Weekly meetings with department heads Several Lobby review meetings concerning our
reopening plan
Business Meetings Beatty District 3 Meeting Pahrump South District 1 Meeting Sandy Valley District 5 Meeting Pahrump North District 6 Meeting 138kV Field trip with Tim Dunlap Attended Arizona G&T Annual Meeting Met with Southern Nevada Water District about
Henderson water project proposed route Meeting with Sen. Cortez Masto’s office about SBA
loan program eligibility Attended CoBank SBA loan review Reviewed capital projects
COVID-19 Update Team has shifted to meeting one time
each week Developing action plan to reopen lobby
in accordance with Nevada Roadmap to Recovery, CDC & OSHA guidelines.
DER Team Update Working with rate consultant to
investigate equitable options Investigating Community Solar
marketing plan Partnering with consultant to develop
rooftop solar business plan Meeting with potential solar business
partners
Financial & Budget Review Continuing to develop budget details in BudgetPro Developing management cost report to break costs
into three business streams: Power Supply & Delivery Electric Distribution Communications
Updating Financial Forecast with CFC & CoBank Working with CFC & CoBank to move lines of credit
to long term loan Identifying benchmarking opportunities
Strategic Plan Update Management Team met March 11th, April 16th and
May 14th with the following strategy teams reporting:
Financial Member & Customer Satisfaction
and GO-To Advisor Culture of Excellence Safety & Reliability
All the teams are developing actions plans to present to the board in June.
Annual & District Meetings Virtual Online District Meetings posted on
website Pahrump Districts 5 & 6 election results
announced Virtual Annual Meeting – May 28th @ 6pm
Posted on website
Tab 4B
Safety Report
533,868 Hours without Lost time or Recordable Injury
2 Near Misses Reported
0 Incidents Reported
KPI Threshold Target Stretch YTD
Incident Rate 0.00 0.00
Severity Rate 0.00 0.00
EMOD 1.01 1.00 0.95 1.01
Safety ReportMay 2020
Operations Meeting Subject: Pole Top Rescue
General Session: Departmental
DOT Driving Records Reviewed: 45
Crew Visits: 3 Limited because of social distancing
Job Briefings Reviewed: Moving to new system on the Safe App.
So far 79/105 have signed up to use the Safe App.
Next Safety Goal: 2 years without a Recordable Injury or Lost
Time (July 3,2020)
Tab 4B
Human Resources Report
HUMAN RESOURCES
May 2020
Projects & Initiatives
Strategic Initiatives• Culture of Excellence - Objectives
• Create Positive Culture • Safety Improvement Plan• Leadership Development (competencies)• Employee Training and Engagement
• Several weekly Team Meetings
• Development of a new Performance Management Plan and Training• Cross Training• Succession Planning
Projects, Initiatives & Compliance
COVID-19• Tracking the Cross Training of Critical Functions • Tracking and Providing Regular Updates of the Process
of the Virus; World, U.S., Nevada, Nye County, and VEA Districts (where information is available)
• HR Developing a Master Roadmap to Recovery for Employees
• Progress on the updating of company policies• Completed Annual Classification for Workers
Compensation Policy
Tab 4B
Accounting
Report
Valley Electric Board of Directors Expenses 2020
Board Expenses by District - Detail of ExpensesMeeting Food/ iPad Wifi/ Other
Board Meetings Special Meeting Committees Other meeting Mileage Supplies Phone Region 9 Conf Director School Other Conf Board Expenses Total
District 1 - Caird 5,000.00 500.00 1,400.00 600.00 53.65 301.89 180.28 - - - - 8,035.82
District 2 - Groenert 5,000.00 500.00 200.00 900.00 212.65 301.89 180.28 - - - 37.80 7,332.62
District 3 - Shirley 3,750.00 500.00 800.00 700.00 603.75 301.89 180.28 - - - 37.80 6,873.72
District 4 - Keyes 5,400.00 600.00 - 1,000.00 1,006.25 301.89 180.28 - - - - 8,488.42
District 5 - D'Antonio 5,000.00 500.00 1,100.00 650.00 275.33 301.89 180.28 - - - - 8,007.50
District 6 - Barber 5,000.00 500.00 - 700.00 - 301.89 180.28 - - - 37.80 6,719.97
Totals 29,150.00 3,100.00 3,500.00 4,550.00 2,151.63 1,811.33 1,081.69 - - - 113.40 45,458.05
Board Expenses by Month 2020
Jan 2020 Feb 2020 Mar 2020 Apr 2020 May 2020 Jun 2020 Jul 2020 Aug 2020 Sept 2020 Oct 2020 Nov 2020 Dec 2020 TotalDistrict 1 2,435.04 2,365.44 1,281.22 1,954.13 - - - - - - - - 8,035.82 District 2 1,907.79 2,389.49 1,481.22 1,554.13 - - - - - - - - 7,332.62 District 3 2,309.14 2,779.24 31.22 1,754.13 - - - - - - - - 6,873.72 District 4 2,415.09 3,037.99 1,581.22 1,454.13 - - - - - - - - 8,488.42 District 5 2,320.59 2,301.57 1,281.22 2,104.13 - - - - - - - - 8,007.50 District 6 1,850.39 2,234.24 1,281.22 1,354.13 - - - - - - - - 6,719.97
Total 13,238.02 15,107.94 6,937.34 10,174.75 - - - - - - - - 45,458.05
Tab 4B
Power Resource
Report
MAY 2020
POWER RESOURCES BOARD REPORT
April 2020 Energy & Load
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
kW
Daily Peak
Demand Loading
Feb-20 Mar-20 Apr-20
April 2020 Energy & Load
Our total energy purchases for April 2020 were 36,699,076 kWhs andpeaked with a demand of 85,656 kW’s on April 30. CAISO peaked at30,658 MW on April 28.
Our total energy purchases for March 2020 were 42,653,488 kWhs andpeaked with a demand of 89,200 kW’s on March 19. CAISO peaked at29,279 MW on March 5.
Our total energy purchases for February 2020 were 47,466,145 kWhsand peaked with a demand of 126,145 kW’s on February 4. CAISOpeaked at 29,279 MW on February 3.
Real-time Market prices for April
• Mead ON-Peak for April averaged $18.88/MWh with average dailyprices ranging anywhere from $18.08/MWh to $19.55/MWh.
• SP15 ON-Peak for April averaged about $18.19/MWh with averagedaily prices ranging anywhere from $17.72/MWh to $18.68/MWh.
0
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
January February March April May June July August September October November December
2018 2019 2020
Energy Purchases (kWh)
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
January February March April May June July August September October November December
2018 2019 2020
Peak Load(kW)
64%
28%
8%
April 2020 Energy Resource Mix
Baseload Hydro Community Solar
$35.75
$19.43
$61.05
April 2020 Energy Cost
Baseload Hydro Community Solar
YTD COP $65.76
Our YTD all-in Cost of Power was $65.76 MWh through March 2020. Our Avoided Cost of power for the 12 months ended April 2020 is $0.0402 per KWh.
April 2020 YTD Budget YTD 20202020 Price YTD Price YTD Price vsApril MWh April MWh April MWh Budget
Total Load (KWh) 36,699,076 183,461,498 189,790,000 (6,328,502) Cost of Purchased Power 1,602,530 43.67$ 8,035,324 43.80$ 8,336,268 43.92$ (300,944)
Transmission Expense 698,006 19.02$ 3,400,251 18.53$ 3,279,809 17.28$ 120,441 Regional Market Expense 117,951 3.21$ 628,540 3.43$ 720,279 3.80$ (91,738)
Total Cost of Power 2,418,487 65.90$ 12,064,115 65.76$ 12,336,356 65.00$ (272,241)
Power Cost vs Budget
Congestion Revenue Rights (CRR)
The auction clearing prices were very favorable for VEA. TheOn Peak Auction Clearing Price for Mead to VEA was $0.04,despite DA Congestion averaging -$16.99 in March and -$8.08so far this April. While the ME-JF Constraint continues to bindduring most solar producing hours, the average shadow price forthe constraint has dropped by more than half since March. VEAcleared all 98.793 MWs offered for a total of $989.62 inrevenue.
Lake Mead Water LevelWATER LEVEL
1,093.94Feet MSL
May 17, 20207:00 PM
Level is 135.06 feetbelow full pool of
1,229.00
Tab 4B
Customer Service& Fleet Reports
Monthly Customer Service Report
May 2020
April 2020
Memberships - There was an increase of 38 memberships for the month of April 2020, bringing
it to a total of 19,256 active memberships.
Distributive Generation Growth – In the month of April 2020, there were a total of 25 net meters
installed. This brings the total number of net meters to 889. There were a total of 48 new
applications received and processed for new installations.
488 500530
566625
662694 713
742770
824864 889
0
100
200
300
400
500
600
700
800
900
1000
Distributed Generation Growth
Consumer Accounts by Classification – For the month of April 2020, there were a total of 20,395
traditional billing accounts, this was an increase of 39 traditional billing accounts. The budget
billing accounts decreased by 3 accounts bringing the total to 1,073. There were 2,196 active
prepaid accounts, which is a decrease of 3 prepaid accounts from the month of March 2020.
19779 19865 19978 20052 20089 20087 20139 20226 20265 20275 20309 20356 20395
1158 1148 1141 1130 1118 1112 1101 1083 1075 1083 1083 1076 1073
2178 2170 2192 2180 2182 2184 2190 2179 2172 2179 2212 2199 2196
17000
18000
19000
20000
21000
22000
23000
24000
Consumer Accounts by Classification
Traditional Billing Budget Billing Prepaid Billing
Monthly Broadband Churn – VCA disconnected 204 broadband accounts during the month of
April 2020. This accounted for 1.96% of our total subscribers. VCA connected 155 Broadband
accounts; this generated a net decrease of 49 broadband accounts
(188) (205) (177) (175) (205) (164) (139) (126) (125) (181)(87)
(269) (204)
355 214
411 272 302 250 284
173 275
377
195 273
155
167
9
234
97 9786
145
47
150
196
1084
-49-1.97%
-1.83%-1.81%
-1.66%-1.39% -1.25% -1.23%
-1.75%
-0.83%
-1.96%-300
-200
-100
0
100
200
300
400
500
600
Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 20-Feb 20-Mar 20-Apr
Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-
19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20
Net Increase 167 9 234 97 97 86 145 47 150 196 108 4 -49Total Connected Accounts 355 214 411 272 302 250 284 173 275 377 195 273 155Total Disconnected Accounts -188 -205 -177 -175 -205 -164 -139 -126 -125 -181 -87 -269 -204Churn % -1.97% -2.14% -1.83% -1.81% -2.08% -1.66% -1.39% -1.25% -1.23% -1.75% -0.83% -2.57% -1.96%Subscribers 9566 9575 9691 9664 9834 9880 9992 10092 10154 10350 10458 10462 10413
Broadband Monthly Subscriber Churn
Phones – During the month of April 2020 12,053 calls were offered to the Valley Electric inbound
call queue. 129 of these calls overflowed to CRC, CRC answered 111 of these calls, 37 of these
calls were during business hours. The Automated Payment Gateway handled 4,849 calls in the
month of March. The VEA and VCA customer service effectively answered 7,075 of the calls
offered to Valley Electric.
10,688
12,64111,985
14,45715,045
15,663 15,36514,838
17,505 17,131
14,597
15,826
12,053
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20
Monthly Inbound Calls
26852413
1942
3172
1041 935
536 527 570 477 621351
1290
500
1000
1500
2000
2500
3000
3500
Total CRC Calls
05000
100001500020000
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
20-Feb
20-Mar
20-Apr
VEA-VCA Calls 6476 5391 8037 9158 9364 881010176102028377 9638 7075Automated Payment
Gateway (IVR) 3325 5533 5845 5442 5465 5394 6529 6452 5599 5771 4849
CRC During Business Hours 242 361 122 98 115 107 230 138 141 66 37Total CRC Calls 1942 3172 1041 935 536 527 570 477 621 351 92
MONTHLY INBOUND CALLS
SmartHub Mobile Payments– For the month of April 2020, 5,292 payments were made through
our mobile device SmartHub application totaling $489,129. Approximately, 56% of those were
prepaid accounts. This is a total decrease of 650 mobile payments from the month of March 2020.
4205
5091
6054
6842 6942
59525572
6355
72107474
6659
5942
5292
0
1000
2000
3000
4000
5000
6000
7000
8000
Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20
SmartHub Mobile Payments per Month
Smarthub Ebill Payments - For the month of April 2020, 5,003 payments were made through our
SmartHub web interface totaling $877,981. Approximately 13% of those were prepaid accounts.
This is a total increase of 269 ebill payments from the month of March 2020.
42234026 3921
4292 4441
4023 40854285 4433 4594 4474
47345003
0
1000
2000
3000
4000
5000
6000 Smarthub Ebill Payments per Month
Pahrump Kiosk Payments – For the month of April 2020, 1,503 payments were made at our
Pahrump Kiosks totaling $178,628.
10091276
1096
1458
644
1046861
1185 12321442
1109 1135897
388
329 587
552
1077
595
411
494618
486
437 398
289
64
4690
85
15150
117
58
10984
13651
317
0
500
1000
1500
2000
2500 Pahrump Kiosk Payments
Lobby
Smiths
Main
Outer District Kiosk Payments – For the month of April 2020, 156 payments were made at our
Outer District Kiosks totaling $17,775.
115137
120153
136107 111 114
130 134 136101
71
41
46
36
5353
62 4463
74 78 70
48
44
38
42
38
52
47
2723
31
3745
41
52
35
10
7
6
16
10
611
8
1015
14
14
6
0
50
100
150
200
250
300
Outer District Kiosk Payments
Sandy Valley
Beatty
Amargosa
Fish Lake
Integrated Voice Response System Payments (IVR) - During the month of April 2020, 2,106 payments were made through the IVR system totaling $280,295. Of these payments, 20% were for prepaid accounts. This is a total decrease from the month of March 2020, by 70 payments.
1100
1496 1566
18972023
1804 17341877
2249 22022031
2176 2106
0
500
1000
1500
2000
2500
IVR System Payments
Total Service Orders Opened – For the month of April 2020, Customer Service opened a total of 1,855 service orders. This month all collection processes were postponed due to the Covid 19 pandemic, this accounted for a significant decrease in VEA service orders. Total VCA service orders accounted for 576 of the total service orders. This is a total decrease of 410 total service orders opened from the month of March 2020.
Connections, 150
Disconnections, 145
Maintenance, 37Collections, 0
Misscellaneous, 55
New Construction, 75
Transfers, 160
Remote Disconnects, 0
VEA Total Service Orders
Maintenance VCA, 59 Upgrade &
Downgrade VCA, 94
Disconnects VCA, 453
New VCA, 576
Reconnect VCA, 51
VCA Total Service Orders
Total Open Service Order Aging – As of April 30, 2020, there were a total of 970 service orders remaining open. There is an increase of 49 open service orders from the month of March 2020. Of these service orders, 26% have been open for a duration of 90 days or more. Of the service orders that have been open for a duration of 90 days or more, 27% of these are broadband service orders that include fiber broadband orders. New construction and DG installation service orders account for 72% of the service orders open for 90 days or more.
1 - 4 Days, 85
5 - 9 Days, 61
10 - 19 Days, 151
20 - 29 Days, 67
30 - 59 Days, 274
60 - 89 Days, 88
90 Days or more, 244
Open Service Orders by Duration
Monthly Fleet Report May 2020
April 2020
Fleet Snapshot – For the month of April 2020, fleet statistics were as follows:
Location Vehicles (Excluding Off-road Equipment &
Trailers) Sandy Valley 3
Pahrump 82
Amargosa Valley 3
Beatty 6 (Shares Vehicles with Amargosa and Fish Lake
Valley) Fish Lake Valley 5
Vehicle Uptime – In April, uptime was 16,392 hours of a total of 17,424 hours available or 94.07%. Year to date uptime is 92.53%.
02,0004,0006,0008,000
10,00012,00014,00016,00018,00020,000
Vehicle Availability
Available Hours Down Hours Uptime Hours
Vehicle Usage - For the month of April 2020, fleet logged 60,447 miles, an increase of 3,192
miles from March.
Monthly Maintenance Costs – VEA spent $58,222 on direct maintenance costs in April, a
decrease of $12,189 from March. Our 2020 actual expenditures year-to-date is $819,950 or
24.82% of our total budget goal. Direct costs include fuel, maintenance parts and vehicle
labor charged direct to the individual equipment. Indirect costs include depreciation,
administrative labor, miscellaneous labor and shop items that are spread across the fleet.
- 5,000
10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000
Miles Driven by Area
Sandy Valley Pahrump Amargosa Beatty Fish Lake Valley
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20
Direct & Indirect Cost Comparison
Direct Costs Indirect Costs Total
Monthly Cost-Per-Mile/Hour– Included below; a summary by vehicle class. Cost per
mile/hour is a direct expense comparison based on the amount of miles or hours used vs
expenditures, to that specific class of equipment.
Class 3 Cars, Vans & SUV's Month Operating Expense Miles Driven Cost Per Mile
January-20 $12,787.00 8,777 $1.46 February-20 $11,559.00 9,595 $1.20
March-20 $16,203.00 8,076 $2.01 April-20 $11,490.00 7,869 $1.46 May-20 June-20 July-20
August-20 September-20
October-20 November-20 December-20
Total $52,039.00 34,317 $1.52 Number of units - 14
Class 4 & 5 Pickup's Month Operating Expense Miles Driven Cost Per Mile
January-20 $22,674.00 15,142 $1.50 February-20 $19,899.00 16,676 $1.19
March-20 $27,435.00 14,165 $1.94 April-20 $13,193.00 13,615 $0.97 May-20 June-20 July-20
August-20 September-20
October-20 November-20 December-20
Total $83,201.00 59,598 $1.40 Number of units - 22
Class 6 & 7 Medium Utility Trucks Month Operating Expense Miles Driven Cost Per Mile
January-20 $58,278.00 30,068 $1.94 February-20 $61,096.00 24,738 $2.47
March-20 $71,092.00 29,318 $2.42 April-20 $42,727.00 32,512 $1.31 May-20 June-20 July-20
August-20 September-20
October-20 November-20 December-20
Total $233,193.00 116,636 $2.00 Number of units - 35
Class 7A & 9A Aerial Units Month Operating Expense Hours Used Cost Per Hr
January-20 $14,250.00 177.00 $80.51 February-20 $16,774.00 260.00 $64.52
March-20 $21,325.00 161.00 $132.45 April-20 $15,003.00 304.00 $49.35 May-20 June-20 July-20
August-20 September-20
October-20 November-20 December-20
Total $67,352.00 902.00 $74.67 Number of units - 37
Class 9 Heavy Utility Trucks Month Operating Expense Miles Driven Cost Per Mile
January-20 $78,453.00 4,813 $16.30 February-20 $49,337.00 4,765 $10.35
March-20 $57,995.00 5,695 $10.18 April-20 $47,813.00 6,307 $7.58 May-20 June-20 July-20
August-20 September-20
October-20 November-20 December-20
Total $233,598.00 21,580 $10.82 Number of units - 28
Tab 4B
Engineering
Report
Engineering Report May 2020
Engineering
Engineering has been continuously working on new service requests, service alteration requests, and
Distributed Generation requests over the past month. For Subdivisions, Engineering continues to complete
new service requests for residential lots. Some primary work is still being completed as well. Engineering
started the design of a conductor upgrade project in Fish Lake Valley at the beginning of this year. A final
cost estimate is still being completed by Engineering at this time. Once completed, it will be presented to
management for further direction. This work is VEA’s initial step towards addressing voltage concerns on
Fish Lake Valley South Sub Circuit #4. VEA Engineering recently had a voltage study completed that
included member input on issues with their start-up voltages. While the study did find that the distribution
system was operating within service voltage levels, system improvement projects were determined to help
improve voltage levels for the members connected to the circuit. Engineering is currently designing the
reconductoring 2 miles of existing overhead conductor to 336 ACSR. By doing so, VEA will be reducing
the conductor’s resistance by increasing its diameter, which will have a direct impact to voltage loss on the
system. The study also determined that members should be operating soft start motors to render a maximum
300% start-up current.
Engineering currently has a couple of projects in design this month. We are continuing our analysis on
design requirements for building existing infrastructure with 556 ACSR conductor. We are nearing a 30%
design this month and will be coordinating an updated cost estimate to the project owner based off of the
30% design. This coordination will allow the project owner to determine the validity of their project.
At the Transmission level, Engineering was contacted by a subdivision developer in the Las Vegas area to
discuss the need to redesign 3-4 H-Frame 138kV structures to accommodate the construction with VEA’s
ROW. This redesign will require VEA to rebuild, and possibly relocate, these poles from the H-Frame style
to single monopole type structures. Engineering is nearing a Issue for Review package in the coming weeks.
This will allow Engineering to determine if long lead time material items will be needed for construction
or not. Engineering typically works with developers before executing construction agreements to get long
lead time material items on order sooner to help with project schedules. Engineering will move forward
with construction once the developer has agreed to the Construction Aid requirements. A Engineering
Design agreement has been executed with the Developer at this time and a Facility Relocation Agreement
will need to be executed before construction.
VEA has been contacted by another developer in the Las Vegas area with a facility relocation request similar
to the one mentioned above. Engineering will be working with the developer this month on executing an
Engineering Design agreement to get the project started.
Lands & GIS
BLM ROW Grant Renewals
BLM Right-of-Way (R.O.W.) grant NVN-004108 near Dyer, NV is up for renewal. The 30-year renewal
application will be submitted to the BLM within the month.
USFS ROW Grants
We are currently in the process of cleaning up several ROW Grants that are controlled by The United States
Forest Service. The grants, originally under the jurisdiction of the BLM transferred to the USFS. The USFS
has requested an amendment to the grants that accurately reflect our lines. The process should be completed
before the end of the year. (UPDATE) This application has been submitted to the USFS. We are awaiting
their reply.
Broadband GIS “Workforce” Projects
GIS is working with VCA to streamline work assignments and work assignment tracking in an effort to
reduce inefficient processes and provide a better understanding of current work projects enterprise wide.
Line Totals Report: Transmission Line = 215.37 Miles (VEA Total) 55 kV = 24.71 Miles 138 kV = 190.66 Miles 230 kV = 164.24 Miles (GridLiance) Primary OH Line = 1,452.65 miles Primary UG Line = 134.85 miles Secondary OH Line = 100.22 miles Secondary UG Line = 531.09 miles
Compliance: North American Electric Reliability Corporation (NERC)-Western Electricity Coordinating Council (WECC) Compliance The Critical Infrastructure Protection (CIP) Team has been making several small system changes to improve
the security and reliability of the VEA SCADA system, including adding redundant devices and updating
software. The CIP Team is revising VEA’s documentation to reflect these changes. The CIP Team is also
preparing for several of its annual tasks, including a system vulnerability assessment, personnel training,
and account & privilege reviews. These tasks are scheduled for June but will be adjusted as necessary to
accommodate personnel availability. FERC has delayed the enforcement of the CIP-013 supply chain risk
management standard from July 1 to October 1, 2020. The Compliance Team still plans on finalizing its
CIP-013 process by the end of June but may take advantage of the additional time to refine or expand the
process. VEA’s CIP Team has also made progress on another upcoming standard, CIP-012. CIP-012 will
be enforceable in 2022 and requires protection of data communications between control centers. VEA
attended the CAISO stakeholder meetings to discuss the joint approach for CIP-012. VEA and other entities
in the Reliability Coordinator Area will be working with AT&T to implement the encryption to protect
control center communications traffic. The Compliance Team is also working with Engineering &
Operations on several projects. The Compliance team is drafting a mitigation plan to submit to WECC for
the potential non-compliance of FAC-008 identified during the January 2019 WECC audit. As part of this
mitigation plan, the Compliance Team has been gathering and organizing evidence to support the equipment
ratings used in determining the 138 kV & 230 kV Facility Ratings. Compliance & Operations are also
working on the event recording project, which will automatically collect event data from field relays and
store it for further analysis and sharing with other reliability entities, as necessary. The software for data
collection has been purchased, and the SCADA technicians have developed a plan to configure the relays,
RTACs, and software to automatically retrieve the event records. The configuration should be completed
later this summer.
Tab 4B
Operations
Report
Operations Report
May 2020
In April, twenty-three (23) work orders consisting of new consumer sign-ups, retirements for idle
services, and system maintenance work were created. This is an decrease of fourty-six (46) work
orders when compared with April 2019. Line crews also completed thirty-nine (39) work orders,
a decrease of four (4) work orders completed when compared to April 2019. Bar charts showing
work order activities are provided below.
WORK ORDERS
0 5 10 15 20 25 30
S PAHRUMP (1)N PAHRUMP (6)AMARGOSA (2)
BEATTY (3)FISH LAKE VALLEY (4)
SANDY VALLEY (5)
S PAHRUMP (1) N PAHRUMP (6) AMARGOSA (2) BEATTY (3) FISH LAKE VALLEY(4) SANDY VALLEY (5)
NEW SIGN-UPS 13 8 0 1 1 0COMPLETED 27 8 2 1 0 1
WORK ORDER REPORTAPRIL 2020
0 10 20 30 40 50 60
S PAHRUMP (1)
N PAHRUMP (6)
AMARGOSA (2)
BEATTY (3)
FISH LAKE VALLEY (4)
SANDY VALLEY (5)
S Pahrump (1) N Pahrump (6) Amargosa (2) Beatty (3) Fish Lake Valley(4) Sandy Valley (5)
New Sign-ups 57 10 0 1 0 1Completed 23 17 2 0 0 1
Work Order ReportApril 2019
Chart below shows the Processed Distributed Generation applications per month
VEA DISTRIBUTION OUTAGES
During the month of April 2020 there were 25 reportable outages affecting 240 meters with an
average duration of approximately 1.5 hours each. An additional 22 events are classified as
member equipment, construction and maintenance. There were also 5-recorded momentary
outages coded as Power Supply (2), Unknown (2) and a Bird included on the VEA system for a
total of 52 interruptions. The count by cause:
2020 – SAIFI (System Average Interruption Frequency Index) .011 (April) .142 (YTD)
2020 – SAIDI (System Average Interruption Duration Index) .771 (April) 9.469 (YTD)
2020 – CAIDI (Customer Average Interruption Index) 71.792 (April) 78.688 (YTD)
2020 – ASIA (Average Service Availability Index) 99.998 (April) 99.995 (YTD)
• Power Supply (2) 2 Momentary
• Planned (5) Non-Reportable
• Equipment or Installation/Design (11)
Animal (3) 1 Momentary
•
• Public (20) 2 Reportable (Motor Vehicles)
• Unknown (11) 2 Momentary
44
18
4838
0 0 1 1 3 212
3320
5845 45
JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC
Mon
thly
Tot
als
Solar Applications processedper Month
2020 2019
2
5
11
3
20
11
0 5 10 15 20 25
POWER SUPPLY
PLANNED
EQUIPMENT / INSTALLATION-DESIGN
ANIMAL
PUBLIC
UNKNOWN
Outage by Cause April 2018
Amargosa – Valley Substation - 1 Outages (1 Reportable) • Public (1) / Reportable (Motor Vehicle)
Beatty – Beatty Substation - 2 Outage (1 Non-Reportable, 1 Momentary)
• Public (1) / Non-Reportable • Unknown (1) / Momentary
Fish Lake – Fish Lake Valley Substations – 13 Outages (7 Reportable, 3 Non-Reportable, 3 Momentary)
• Power Supply (2) / 2 Momentary • Equipment or Installation/Design (4) • Animals (2) / 1 Momentary • Public (3) / 3 Non-Reportable • Unknown (2)
Pahrump – Vista, Charleston Park, Thousandaire and Pahrump Substations - 35 Outages (15 Reportable, 19 Non-Reportable, 1 Momentary)
• Planned (5) / 5 Non-Reportable • Equipment or Installation/Design (7) • Animal (1) • Public (15) / 1 Reportable (Motor Vehicle) • Unknown (7) / 1 Momentary
Sandy Valley – Sandy Substation – 1 Outage (1 Reportable)
• Unknown (1)
TRANSMISSION – OUTAGES
02/14/2020 (Continued Line Outage)
At 7:08am the Sloan Canyon Switchyard – Mead Substation (WAPA) 230kV line was de-energized and an Inter-
Company Clearance was issued to Summit Line Builders. The line was de-energized to allow Summit to do
complete rebuild. The line outage expected to last throughout 2020 with a schedule return to device date of
12/31/2020.
04/08/2020
At 4:43am the Bishop Control (SCE) – Silverpeak (NVE) 55kV Line tripped and instantly reclosed. This affected
all accounts in Fish Lake Valley. Bishop Control operator was unable to provide a cause of the interruption.
04/17/2020
At 6:49pm the Bishop Control (SCE) – Silverpeak (NVE) 55kV Line tripped. SCE and NVE operators
coordinated and closed the line for test which held. The line was restored at 6:52pm and power was restored to
all of Fish Lake Valley. No cause was reported by SCE or NVE.
DISTRIBUTION CONSTRUCTION AND MAINTENANCE ACTIVITIES
Amargosa
Work for the month that was completed was a new three phase service for Nex Gen Farms grow house, assisted
with shade structure construction at the Lathrop EV charge station, parking lot lighting at Longstreet was
upgraded to new LED lamps, a damaged 150 KVA pad mount transformer at Funeral Mountain Ranch was
replaced, pole top and bucket rescue training and routine maintenance and service work was also completed.
Beatty
Work for the month that was completed was a new single phase service at US Ecology, assisted with install of a
shade canopy at the Lathrop charging station, tree trimming in hot spots around town, pole top and bucket truck
rescue and replaced reclosers R6002 and R6004 feeding Lida and Goldpoint.
Fish Lake Valley
Routine maintenance/ patrolling was conducted with our main focus of removing nests on an almost daily basis.
There were several outages associated with nests, birds, and rain. The bird guard has helped reduce interruptions,
but will not eliminate them all together.
Site meetings were conducted regarding the Re-conductor job on a section of Circuit 4 out of South Sub.
Sandy Valley
Routine service work and maintenance. Completed hot spot tree trimming cycle, assisted the shop with truck
repairs and completed line patrol circuit 2 and maintenance.
Pahrump
Crews in Pahrump during the month of April have been keeping up with the daily work of new home services
and Maintenance of the distribution system and the continued build out of subdivisions.
This month has continued with the CORVID-19 virus protocols of social distancing as best as the crews can,
given the fact that they have to close together as a team on their jobs daily. This has caused us to adjust some of
our work procedures. VEA line crews are some of the most essential workers; they must continue to keep the
electrical system operating efficiently to maintain the constant need for electricity needed to keep the communities
we serve operating as seamlessly as possible.
One of the Pahrump crews primarily concentrated on services to new homes, subdivision infrastructure. The other
crew worked on distribution line maintenance, insulator replacement, out of town work at Creech AFB.
Early morning report of flickering lights, broken wire at the top of a cutout.
New Transformer and junction box being installed by two of our senior apprentices.
A new fence was installed next to a VEA switch pole, the fence company moved the switch platform and did not
leave enough clearance to operate the switch. The homeowner was contacted and promptly had the fence company
to fix it. We appreciate the cooperation of our members.
Metering
In April, metering personnel completed:
• One (1) high bill complaints/meter tests.
• Fifty-three (53) distributed generation (solar) inspections and net meter sets.
• Ten (10) solar breaker de-rates.
• Thirty-Four (34) misc. service orders.
• Two (2) check for solar visit/reverse flow alarm.
• Two (2) solar activation lock-outs
• Two (2) new single-phase Current Transformer rated service installs (US Ecology, Spring Mtn.
Raceway).
• Three (3) three phase Current Transformer rated meter installation upgrades/rebuilds ( Precision
Concrete, Lakeside, Town of Pahrump )
• One (1) three phase Current Transformer meter installation ( Next Gen Farms in Amargosa )
• Sixty – Seven (67) single-phase meters examined, diagnosed and tested.
• Twelve (12) DSI (disconnect switch Interbase) were examined, diagnosed and tested.
• Two (2) single-phase net meter, examine, diagnose and test.
• Twenty - two (22) three-phase meters, examined, diagnose and test.
Operations Metering Personnel also had the Trouble Crew assisted them in rebuilding two older Current
Transformer (CT) rated metering structures in Pahrump. Metering personnel assisted the Pahrump Line Crews in
replacing an old rusted pad mount transformer and metering at Lakeside Casino. Metering personnel had the
Beatty crew assist them in a single phase Current Transformer rated meter installation at US Ecology. Two
consumer solar installations had to be locked out due to activation of their system prior to VEA during their
inspection and setting a Net Meter.
SUBSTATION CONSTRUCTION AND MAINTENANCE
Substation Technicians continued working on the Valley Substation project. Working in conjunction with the
SCADA group, Technicians began the process of cutting over the distribution circuits from the old ACS RTU to
the new RTAC system. Along with the Valley Substation SCADA work, they also began working on the Valley
Substation TX1 LTC maintenance work. Due to worn out pass through gaskets, Valley transformer #1 main
tank oil was leaking into the LTC compartment. The extra pressure caused the LTC compartment to leak. In
order to replace the pass through gaskets, the following work was needed: draining the LTC compartment,
draining approx. 2000 gallons of oil from the transformers main tank, disconnecting all LTC connections inside
the transformer main tank, disconnecting all leads and contacts from the LTC compartment and removing the
barrier board. New moving contacts will be install as well. Routine monthly substation inspections on
Gridliance and VEA stations were also completed.
2020 Metering Department
Tasks Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
High Bill Complaints 45 24 18 1 88Examine, Diagnose, Test Single Phase, Net meter 57 63 148 67 335
Net Meter Inspection, Installation and De-Rates 58 100 47 69 274
Volt Recorders 2 0 1 0 3
Service Orders 18 25 54 34 131
3 phase meter tests/Installs 3 0 10 26 39
Single Phase CT Test 3 0 3 2 8 DSI (disconnect switch inter-base 10 22 23 12 67
Total 196 234 304 211 0 0 0 0 0 0 0 0 749
20
40
60
80
100
120
140
160
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High Bill Co
Examine, D Phase, Net Net Meter Installation Volt Record
Service Ord
3 phase me
Single Phas
DSI (discon base
Inside the LTC compartment
SCADA/A&T
A&T personnel were called to help with a failed recloser R9007 in Fish Lake Valley. The recloser failed after a
bird’s nest that was recently constructed caused a short on top of the device between the source and load side
bushings. The resulting arc destroyed five of the six bushings and severely burned the lid of the recloser tank and
mounting bracket, rendering the device inoperable. The recloser was bypassed and removed from service so
repairs could be made. A&T returned the recloser to Pahrump so it could be rebuilt, tested and made ready to be
put back into service at its original location.
Due to warmer temperatures, we have started to experience battery failures in some of our distribution protective
controls. As such, batteries were replaced in recloser controls R2006 and R1058. Both of these controls are located
in Pahrump and after performing the maintenance, both were put back into normal operation.
A&T techs along with SCADA technicians completed test site billing for the month of May, and installed monthly
security patches on the SCADA system for critical infrastructure protection (CIP) compliance. This group has
also been working closely with Engineering to help resolve UFE charges (settlements) involving CAISO. This is
an ongoing task assisting in resolving these charges. SCADA technicians also began working on the Valley
Substation Expansion project. This involves cutting over the old ACS RTU (Remote Terminal Unit) to the new
RTAC.
Tab 4B
Projects
Report
Engineering & Operations Project Report
May 2020
Gamebird 138/230 kV Expansion Project
In January 2020, CAISO approved the Gamebird 230/138 kV station expansion (Gamebird)
project. GLW will partner with VEA on the Gamebird project. GLW will design and own the 230
kV equipment and assets on this project, and VEA will design and own the 230/138 kV transformer
and the 138 kV equipment and assets on this project. A kickoff meeting was held this month for
this project with GLW, VEA and HDR to discuss the proposed design and timing of the project.
The project will require looping the existing Sloan Canyon to Pahrump 230 kV transmission line
in and out of the Gamebird 230 kV expansion. GLW will acquire new easements for the new 230
kV transmission line needed for this project. Due to the expansion of the Spring Mountain
Raceway near the project site, transmission routing options are limited. Transmission structures
will be single pole steel structures. In addition to the GLW 230 kV expansion, VEA will be
expanding the 138 kV transmission system to support the new VEA owned 230/138 kV auto
transformer. VEA will design one 138 kV line terminal with the possibility for two future 138 kV
terminals.
The targeted in service date for this project is May 1, 2021 subject to obtaining the necessary land,
equipment, permits and rights of way to construct the project.
During this last month HDR (the engineering firm hired by GLW and VEA to do the substation
design for GLW’s 230 kV additions and VEA’s 138 kV additions), GLW, and VEA held meetings
to discuss the project, the associated roles and responsibility, the site plan, and overall substation
layout, the race track’s requirements, and other design items. HDR is targeting to provide its 10%
engineering drawings to GLW and VEA by the middle of May. GLW is working on the needed
land acquisition, transmission rights of way and permits and plans that will be submitted to the
County. VEA is working with GLW on the size of the 230/138 kV transformer and other
equipment that needs to be purchased and installed.
GridLiance’s (“GLW”) Sloan Canyon Testing and Commissioning
VEA continues to working with the CAISO on VEA’s default load aggregation point (“DLAP”)
metering and unaccounted for energy (“UFE”) associated with Sloan Canyon Switching Station
(“SCSS”) and the Sunshine Valley projects.
The Mead to Sloan Canyon 230 kV line coupling capacitor voltage transformer (“CCVT”) in Sloan
Canyon have been shipped back to the factory, so ABB can investigate them further. These
CCVTs were removed since the Mead to Sloan Canyon 230 kV line is out of service.
CCVT Inspection in Sloan Canyon
Southern California Edison (“SCE”) installed its meter in their Eldorado Substation on the Sloan
Canyon to Eldorado 230 kV line on February 19th and 20th. SCE is waiting for the CAISO to
certify this metering. This new metering will be used to determine VEA’s DLAP and UFE in the
future.
GLW and VEA are working on other “clean up” items within SCSS related to the CCVTs.
GridLiance’s Sloan Canyon to Mead 230 kV Line Rebuild
GLW has been actively working on removal of the existing 230 kV line, completing the line and
substation design, obtaining needed permits and rights of way, with their construction contractor
for rebuilding the approximately fifteen (15) miles of Sloan Canyon to Mead 230 kV line. They
continue to be aware of and working within the requirements of the COV-19 issues.
The Mead to Sloan Canyon 230 kV line was taken out service on February 14, 2020 and is planned
to be out of service until December 31, 2020. During this outage, GLW will be rebuilding the
Mead to Sloan Canyon 230 kV line. GLW is planning to be completed with its rebuild work by
the end of October 2020, and to place the line and it associated equipment in service by the end of
2020.
The removal and rebuild will involve crossing under and over approximately seventeen (17)
different lines ranging from 500 kV DC to 69 kV AC from Sloan Canyon to Mead Substation.
GLW has been working with Western Area Power Administration (“Western”) for the needed
changes to and within Western’s Mead Substation. VEA’s System Control is coordinating with
GLW, HDR, GLW’s construction contract - Summit Line Constructors (“Summit”), other
balancing area authority and other entities for the needed outages/hot line clearances.
VEA will be involved with the Mead to Sloan Canyon 230 kV line commissioning, the
fiber/communication commissioning, and installing and commissioning updated relays and
metering equipment at Sloan Canyon and Mead for this project. This work is scheduled to begin
in the middle of October 2020.
Sunshine Valley Solar Project
First Solar has completed the sale of the Sunshine Valley plant to EDP Renewables North America
LLC (“EDPR”). Firs Solar will continue to operate and maintain the Sunshine Valley Project for
EDPR. VEA has completed the construction of the 138 kV portion of the Valley Substation for
Sunshine Valley. VEA continues to work on the 24.9 kV portion of Valley Substation including
moving equipment and controls into the new control building which was required as part of this
project which it will be invoicing First Solar for. VEA is expecting to have this work completed
by the end of second quarter of 2020.
The Amendment to the Large Generator Interconnection Agreement (“LGIA”) for the Sunshine
Valley Project between California Independent System Operator (“CAISO”), GLW, First Solar
and VEA has been executed by all parties. The CASIO is planning to file the agreement with the
Federal Energy Regulatory Commission (“FERC”) in near future. This agreement will need to be
updated to reflect EDPR as one of the new owner and First Solar as the operator.
Tab 3B
Broadband Services
Report
Broadband Services Report
May 27, 2020
VCA Broadband• Outside Plant (OSP)
• Fiber Placed in neighborhoods • The last 22 drops in Entrata have been pulled in completing all of the drops in this
subdivision (98). Installations will begin scheduling.• 22 additional drops were pulled into various housing developments and
subdivisions including Cottage Grove and Villa Serena.
• Fiber service turned up for a new business in the Albertson’s shopping center
• WiMAX tower battery maintenance has been completed – new battery banks installed in 20 towers
• WiMAX air conditioner maintenance a been completed• Noticeable decrease in tower issues related to AC power failure
10121416182022242628
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Backhaul UtilizationMax Capacity 40G
April
1012141618202224
Backhaul UtilizationMaximum Capacity 40 Gb
May
Broadband backhaul peak time utilization remains relatively steady at 19Gb to 20Gb with occasional peaks and valleys. Mid-month increases in usage are apparent, however we are currently not sure what drives this demand.
Repair and Installation
• Trouble Tickets• April ticket numbers were flat from 836 to 837• 59% (492) resolved over the phone or cancelled• 26% (217) VCA system related• 15% (128) subscriber network issue or work request
• Seeing a significant increase in new applications, likely as a result of the recent vandalism to a local cellular tower which has negatively impacted some competitors
• Developing plans to address the increased installation load with current staff
Distance Learning Connectivity (DLC)• Contacted by Nye, Esmeralda, and Clark County (Sandy Valley school) to request assistance with
distance learning for students mid-March• In total, approximately 100 students in need of connectivity• Options considered; VCA WiMAX, cellular routers• Ultimately selected cellular routers
• Readily available• Rapid deployment and minimal personnel labor• Ease of deployment for the student families
• Routers distributed by the districts along with learning devices• Deployment was very smooth • Content management performed by the school districts through their Chromebook devices and user
accounts, limiting the availability of non-learning services through the router
Broadband related COVID-19 Items • Broadband technicians continue to perform installs without entering the members residence
• Installation and repair work only being done on the exterior and the cable is routed through a door or window• The technician works with the subscriber at a safe distance to help finish the router install or performance maintenance• Utilizing the ValleyCom Help app. to increase network knowledge beyond the residential router• Equipment that is disconnected and returned by the subscriber is being placed in a drop box in the main office
vestibule, to be held for cleaning
• Working with the HR Department to develop guidelines based on CDC and Health Department guidelines
• Developing plans to return to those subscribers that were temporarily installed once the guidelines are established
Broadband related COVID-19 Items
• Usage of the broadband network service provider connections has remained relatively steady through the last month as people continue to stay, work and school at home. Utilization of available bandwidth continues to peak around 50% of capacity.
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30-A
pr
1-M
ay
2-M
ay
3-M
ay
4-M
ay
5-M
ay
6-M
ay
7-M
ay
8-M
ay
9-M
ay
10-M
ay
11-M
ay
12-M
ay
13-M
ay
14-M
ay
Backhaul UtilizationMaximum Capacity 40 Gb
Information Technology and Telecommunications • Work From Home Program
• Personnel working from home have had few technology issues• Zoom and Teams platforms have been extremely useful in keeping the staff engaged with each other• IT staff has been instrumental in getting the systems set up and working with the personnel to keep them productive
• Phone System implementation• The broadband staff have been working closely with IT preparing for the new phone system implementation• Staff have been trained on the new functionalities• Call trees and call queues have been set up based on collaboration with member facing departments• Go live date is Monday, May 18
• Facility Security• Telecommunications is working on increasing video surveillance of the campus and key locations• Upgrades to the access control system have recently been performed bringing the system current
0
20
40
60
Corporate Firewall Attack Report4/23/2020
Critical High Medium Poly. (Critical) Poly. (High)
5 3 1
1827
8
4964
29 26
66
10
28
913 186
18 15 21
85
27 22 1935 29
22 24
0 3 010 8 5
62
32
10 11
32
012
0
-50
0
50
100
1-May 2-May 3-May 4-May 5-May 6-May 7-May 8-May 9-May 10-May 11-May 12-May 13-May 14-May
Corporate Firewall Attack Report5/14/2020
Critical High Medium Poly. (Critical) Poly. (High)
Attempted cyber attacks on our corporate networks remains relatively steady with the occasional peaks and valleys, however not out of the ordinary. In April we saw a slight increase in attack attempts, however May indicates a downward trend, as indicated by the arching trend lines in the center of the chart.All attacks have been blocked by internal security systems and the network remains secure.
Major Outage Report• Long haul Optical Transport Network (OTN) between Las Vegas and Reno
• Failure of the 1UD200 uplink line card in the ALU 1830PSS-16 OTN within the Mina POP (Point of Presence) caused an outage on several circuits belonging to a key customer beginning at 11:18 p.m., on Sunday, May 3rd
• Initial restoration attempts were performed by re-routing the circuits across a Service Access Switch that was not affected by the card failure. This was thought to have restored the circuits Monday May 4th at 12:40 p.m., as traffic was observed to be traversing the link.
• Further testing by the customer revealed several critical protocols were being blocked on the new path
• Tuesday May 5th, at 11:45 a.m., all circuits were fully restored by re-routing the circuits to a redundant leg of the OTN path.
• Total outage time was approximately 36 ½ hours.• A new IDU200 card has been ordered and should be received by May 22nd
Major Outage Report (cont’d)
• Radio Frequency Interference (RF Blast) on Friday, May 8th, at approximately 1:40 p.m., caused approximately 25% of the Pahrump WIMAX base stations to drop offline
• The NOC immediately responded to the service outage and all hands began re-booting the radios
• All radios were restored by 5:15 p.m. Friday, May 8th
• Total outage time was approximately 3 ½ hours• The cause of the interference is unknown, however could possibly have been caused by the
relocation of competitor’s RF equipment from the vandalized cellular tower earlier in the week to other tower locations
Tab 5
Executive Session
