excelsior emc company statesboro georgia

He explained that wholesale power costs were extremely volatile in the last year with costs of purchased power increasing 41% from $29 million in 2021 to $41 million in 2022. Proctor then spoke of the costs of wholesale power in 2022. Proctor thanked team members who extended their employment past their scheduled retirement to help ensure that knowledge was passed to the next generation of leadership within the cooperative. Proctor described the organizational changes that Excelsior has made over the past year to prepare new team members through employee development, knowledge transfer, leadership development and succession planning. The 2023 revisions and updates to the Cooperative’s capital credit study along with management recommendations that there be no general retirements or estate retirements during 2023 were reviewed and approved by the Board during their April meeting.

Proctor explained that each year the Board conducts a detailed review of capital credits. This new geographic information system will serve as the foundation of Excelsior’s design, construction, and maintenance system and will provide much more accuracy and efficiency during day-to-day workflow as well as during outage restoration.

The next large project that Proctor noted was the integration of a new electronic mapping system.

One such project converts the Jimps substation located beside the Walmart Distribution Center to a higher voltage, which will help to prepare the system for the residential, commercial and industrial growth in the area. He stated that Excelsior’s four-year work plan consists of multiple projects that will improve Excelsior’s system reliability and resiliency.

Excelsior emc company statesboro georgia