>Brookings Oregon News, Sports, & Weather | The Curry Coastal Pilot

News Classifieds Web
web powered by Web Search Powered by Google

News arrow News arrow Business arrow ELECTRIC CO-OP CUTS COSTS WITH NEW 10/4 WORK WEEK



By Valliant Corley

Pilot staff writer

The first few days of Coos-Curry Electric Cooperative 10-hour, four-day work schedule has "been hugely favorable," General Manager Roger Meader said at last week's town hall meeting in Brookings.

The co-op began workdays of 7 a.m. to 5:30 p.m. at the beginning of November. The four-day work week runs from Monday through Thursday, with a three-day weekend.

When the change was approved, Meader predicted the co-op would benefit from the cost-savings expected in the form of reduced fuel consumption, wear and tear on vehicles, employee travel, and the costs to operate the offices.

"With the way our service territory is spread out, we expect the longer work days to allow for greater productivity," Meader said.

He said it took the same amount of time to gather materials from the warehouse in the morning and travel to the job site. But once the crews are there, he predicted there would be more time to actually do the work, saving on travel time and fuel costs.

"In the December board meeting, we will look at the miles driven, gas, electrical usage, overtime for in-house people and overtime for work crews," he said. "We will be reporting to the board all the compliments and complaints. If it doesn't help us save money, three or four months out, we will probably reverse it."

He said if an outage occurs on Friday, it will now be overtime.

"The tree trimming crews that are contracted will stay at a five-day week," Meader said. "They travel on their own time."


Business News by Yahoo Finance

  • China Has No Good Plan to Deal With Its Achilles Heel
    Beijing has yet to put together a credible response as to what should be done with zombie companies, the huge swath of unprofitable state-owned enterprises surviving on the good will of the Chinese government. Until it does, private companies in the world's second-largest economy will continue to fight an uphill battle for growth, and China's reform efforts will share a key characteristic with the mythical creature in question: not dead, but not really alive. With China's fifth plenum just around the corner, we might get some details on the subject soon.
  • Profits at big U.S. banks soar since crisis: New York Fed
    Profits have soared since the global financial crisis at the five biggest U.S. banks with market-making dealing operations, New York Federal Reserve economists said in an article released on Wednesday. From 2009 to 2014, the combined net income of J.P. Morgan, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley annually averaged $41.73 billion, up from annual average of $25.08 billion from 2002 to 2008, they said.
  • As Clinton campaigns, complications with her old boss arise
    President Barack Obama seemed to call Hillary Rodham Clinton's idea of a no-fly zone in Syria "half-baked." Clinton described the president's immigration strategy as "harsh and aggressive." ...

Follow Curry Coastal Pilot headlines on Follow Curry Coastal Pilot headlines on Twitter

© Copyright 2001 - 2015 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use