Local Economy

Before addressing some good news for Ephraim City I wanted to share some good news for the State of Utah.  Recently Forbes Magazine rated Utah the "The Best State for Business and Careers."  This is in large part due to the fiscally conservative state that we are.  Businesses appreciate the type of environment this fiscal conservatism has created for their businesses to succeed.

On an more local level, Ephraim City is currently sitting at 13.72% Year-to-Date above last year in sales tax revenue.  Sale tax revenue is the City's number one source of income, so while this is great news, we are still proceeding cautiously entering into 2012.

I would like to wish everyone a very Merry Christmas!   

Intermountain Power Agency (IPA) Annual Meeting

IPA is the owner of the Intermountain Power Project (IPP) located in the Great Basin region of western Utah. IPP generates an average of more than 13 million megawatt hours of energy each year from its two coal-fired units. The energy is delivered over the project's AC and DC transmission systems to 36 participants in the project that principally serve Utah and Southern California.  At the meeting we held discussion on wether to convert the IPP into natural gas.  California purchases roughly 75% of the power generated at the plant and new California state regulations require power useres to retire all their coal generation by 2027.  This could be a big change for this project.  IPP currently is one of the most effective coal genrating facilites in the country.  Those in attendance were also able to hear from Former Utah Governer Norman Bangerter.