Lansing Board of Water and Light · Lansing, MI United States
Company Description
Phone: 517-702-6000
Fax: 517-702-6855
Toll Free: 800-483-8009
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This link will open in a new window Letting off a little steam is a good thing for Lansing Board of Water and Light, which provides electricity to 96,000 residential, commercial, and industrial customers and water to about 55,000 customers in Lansing, Michigan. The city-owned utility also produces and distributes steam to 250 customers along 14 miles of steam line. Lansing Board of Water and Light can chill out too. Its chilled water system delivers up to 10,000 tons of chilled water capacity to 14 customers to cool the interior of buildings in the downtown area. Lansing Board of Water and Light is the largest municipally owned utility in the state. It is also a major employer in the Lansing area. To read the full description, subscribe now.
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Key Lansing Board of Water and Light Financials
| Company Type | Government-owned Branch |
| Fiscal Year-End | June |
Lansing Board of Water and Light Executives
23 executives listed for Lansing Board of Water and Light's Lansing, MI location.
| Title | Name & Bio | Contact |
| Chairman | Frank Lain | Network |
| Vice Chairman | Sandra Zerkle | Network |
| General Manager | J. Peter Lark | Network |
Competition
Competitive Landscape for Lansing Board of Water and Light
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Lansing Board of Water and Light Competitors
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