It's Public Power Week, and while that may be something often taken for granted, the
Traverse City Light & Power utility is making residents take notice, with a really, really big check to the city.
TC L&P presented the City of Traverse City with a check for just over $1.5 million for its general fund, which represents 5 percent of the publicly-owned utility's gross revenues for its most recent fiscal year, ended June 30.
"Light and Power strives to provide its customers with safe, reliable and reasonable priced electric service," says Ed Rice, L&P executive director. "The presentation of the check is just another example of Light and Power’s continuing contributions to our community."
By giving back in the form of a check to the general fund, that money becomes available to all city departments, like police, fire, streets, and parks and recreation. It's a fairly regular contribution from L&P, which has given back more than $21 million in funding to the city since 1991.
As Public Power Week continues, the utility also is holding its Energy Smart Open House, including activities like safety demonstrations and making solar energy popcorn, and information like tips on conserving energy.
TC L&P is a community-owned utility that serves more than 11,000 customers in Traverse City and surrounding townships.
Writer: Sam Eggleston
Source: Ed Rice, Traverse City Light & Power
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