[Last Updated: 1/4/2012 11:10:17 AM]
For Immediate Release
Contact: Ed Rice, Executive Director, Traverse City Light & Power
Phone: (231) 932-4559 or E-mail: firstname.lastname@example.org
Contact: Phil Callighan, Sr. Account Executive, Knorr Marketing
Phone: (231) 947-9707, ext. 207; Mobile: (231) 342-7590
or E-mail: email@example.com
L&P Contributing $1.3 Million to the City ofTraverse City
(Traverse City, Michigan) — Traverse City Light & Power (TCL&P) will conclude its Public Power Week activities by presenting a check on behalf of the utility to the City ofTraverse City in the amount of $1,383,452 at Monday night’s (10-18-10) meeting of the City Commissioners. The meeting will start at 7:00 p.m. at the Governmental Center’s second floor Commission Chambers.
The check represents 5% of TCL&P’s gross revenues received during the fiscal year of July 1, 2009 to June 30, 2010 and will be applied to the City’s general fund. The TCL&P contribution helps to decrease the tax burden on citizens by providing additional funding for the operating budgets for all city departments, such as police, fire, streets and Parks & Recreation. Since 1991 TCL&P has provided $19,565,397 in additional funding to the City.
“TCL&P prides itself on having the lowest rates in the area and having exceptional reliability” said Ed Rice, Executive Director of Traverse City Light & Power. “The presentation of the check is another example of the continuing contributions TCL&P is making to our community.”
The check will be presented to Mayor Chris Bzdok by TCL&P’s Board Chair Mike Coco. Mayor Bzdok will also read a proclamation explaining the many benefits of having public power in our community.
TCL&P kicked off Public Power Week with its 2nd annual “Energy Smart” Open House. Over 850 community members were in attendance and enjoyed safety demonstrations, solar energy popcorn and energy conservation tips. Over 900 Compact Fluorescent Light bulbs (CFLs) were handed out to those attending.
TCL&P is one of over 2,000 other municipally-owned electric utilities nation-wide that provide electric services on a locally-owned, not-for-profit basis.
Traverse City Light & Power (www.tclp.org) is a community-owned, community-focused municipal utility that offers reliable energy at low rates in the region to over 10,000 customers in Traverse City, and parts of Blair, East Bay, Elmwood, Garfield, Peninsula andParadise townships.