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Subject:   Seattle City Light Releases 2010 Annual Report
For Immediate Release:   
7/26/2011  9:14:00 AM
For More Information Contact:
Scott Thomsen  (206) 386-4233


Amid Challenges of Great Recession, Utility Achieved Cost Savings, Invested in Future

SEATTLE – Seattle City Light released its 2010 Annual Report today, highlighting the utility’s achievements in overcoming the challenges of the recession, depressed wholesale energy prices and low snowpack.

Employees led this effort by finding creative new ways to do business. In all, those efficiencies along with budget adjustments, reductions and eliminations of some programs, furloughs and layoffs reduced City Light’s operational costs by $89 million. Meanwhile, Seattle City Light also invested in needed maintenance to protect system reliability and improve customer service.

Among the achievements, City Light:
• Installed 6,000 LED streetlights, saving the city nearly $300,000 a year in operating costs.
• Made it easier for customers to navigate its website and manage their accounts online.
• Hired 14 pre-apprentices, who started training to become tomorrow’s lineworkers.
• Replaced 15,000 feet of 230 Kilovolt transmission line and16,000 feet of underground cable.
• Injected 22 miles of underground cable with silicone gel to extend life expectancy by more than 20 years.
• Reached a settlement agreement that sets the stage for relicensing Boundary Dam.
• And added about 1,200 acres of fish and wildlife habitat along the Skagit River for conservation.

The report, including City Light’s audited financial data is available online at Seattle City Light 2010 Annual Report.

Seattle City Light is the 10th largest public electric utility in the United States. It has some of the lowest cost customer rates of any urban utility, providing reliable, renewable and environmentally responsible power to nearly 1 million Seattle area residents. City Light has been greenhouse gas neutral since 2005, the first electric utility in the nation to achieve that distinction.

 

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