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Chelan PUD GM Steve Wright Talks Long-Term Finances, Changing Electricity Markets

Chelan County PUD General Manager Steve Wright joins Dan Langager in the KOHO studio to talk about the utility’s finances – from a debt payment this  year of $52 million, bringing their outstanding debt to $537 million – about a 38 percent debt ratio and new contracts with Avangrid Renewables of Portland, Ore. and Avista of Spokane, to a bottom line projection of ending the year $10 million better than budget estimates and not increasing county residents’ electric rates for a sixth year in a row.

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