Bill Swank
Bill Swank
adjustment along costs customers direct fuel high increase pass
This is an increase in the adjustment in the fuel (cost) . . . that is a direct pass along to the customer. We're impacted by the same high costs of fuel that each of our customers are.
difference following fuel prices
If fuel prices come down drastically, we will refund the difference the following year.
cost life
Unfortunately, hurricanes are a way of life here in Florida, and restoration is a cost of doing business.
cause failure pole poles primary wind
The primary cause of the pole failure was not deterioration of the poles, it was the wind loading on the poles and the wires. It wasn't a deterioration issue.
confident costs related storm
We're confident that, when they see it spelled out in detail, that they will find that these were prudently incurred costs and related to storm restoration.
investment looking
We're looking at it as an investment on our part.
failure identify inspection poles program purpose sure tending toward
The purpose of the inspection program is to make sure that if there are poles that are deteriorating, we go out, identify them and make sure the ones that are tending toward failure are braced or replaced.
era higher living
We're living in an era where there is a higher incidence of hurricanes. This will give us what we need for a while.