Smith Bits Receives A $12,427.84 Rebate Check For Installation Of Ground Source Heat Pumps

PRESS RELEASE
FOR IMMEDIATE RELEASE
FOR MORE INFORMATION: Contact Drake Rice, Director of OMPA Member Services, 405/340-5047

Smith Bits Receives A $12,427.84 Rebate Check For Installation Of Ground Source Heat Pumps

On May 17, OMPA General Manager Cindy L. Holman presented a  $12,427.84 rebate check from Oklahoma Municipal Power Authority’s (OMPA)  Demand and Energy Efficiency Program (DEEP) to Smith Bits Maintenance & Facilities Manager Dennis Bond for the installation of geothermal heat pumps at the plant located at 1405 North Waverly in Ponca City.  Butch Bucher, the former Smith Bits Maintenance Coordinator who assisted with the implementation of the project, also was there for the presentation.  In addition, Ponca City Mayor Homer Nicholson, who also serves on the OMPA Board of Directors, Ponca City General Manager of Electric Utilities Phillip Johnston, Ponca City City Manager Craig Stephenson, Ponca City Development Authority Director of Business Expansion and Retention Laurence Beliel, Ponca City Development Authority Board of Trustees Vice Chair Jeffrey Meyers, OMPA Energy Services Engineer Tom Willis, who is the coordinator of DEEP, and OMPA Member Services Media Specialist Jennifer Rogers attended the presentation.                        

“This project demonstrates the leadership role in energy conservation undertaken by the management of Smith Bits with the support of the City of Ponca City and Ponca City Energy.  Ponca City was the first OMPA member city to receive a DEEP rebate check and remains committed to reducing their energy demand,” said Holman.

According to Willis, “The installation of approximately 80 tons of ground source heat pumps and the replacement of the old inefficient air conditioning with these new highly efficient units will save the company money on their electric bills and reduce their electric demand by 77.67 kW annually.”  Wards Air Conditioning of Ponca City installed the units and Michael Ward, President of Wards Air Conditioning in Ponca City, attended the presentation.

DEEP assists OMPA’s 38 member cities with their customers to reduce their electric service energy demands and costs.  This program provides rebates to commercial and industrial customers that implement retrofits that reduce their summer demand at peak times.  These projects include lighting, HVAC, refrigeration, commercial food service equipment, pumps and motors. The reduction of these demands help keep energy rates as low as possible and delays the need to add additional OMPA generation capacity to the system. 

“DEEP can have the effect of helping customers continue to stay and grow in the community.  Both small and large businesses can benefit from participating in this program,” added Willis.

The funds available for approved projects will be determined by the OMPA Board.  Funds available for an individual project will be determined through submission of detailed project plans.  For more information on DEEP, visit the OMPA website at www.ompa.com or contact Willis at twillis@ompa.com.

“Smith Bits is a global leader in the design, manufacture and marketing of drill bits used in oil and gas exploration.  Winner of numerous awards, Smith Bits continues to garner industry recognition as the world drilling record bit performance leader for nine consecutive years and recently achieved the prestigious Hart Publishing E&P Special Meritorious Award for Engineering Innovation for the proprietary IDEAS® technology,” according to information from Smith Bits.

Smith Bits was purchased by the Schlumberger Company in 2010.  “Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 108,000 people representing over 140 nationalities and working in approximately 80 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production,” according to the Schlumberger website, www.slb.com

OMPA is a state governmental agency created by the legislature to serve cities and towns that own and operate their electrical distribution systems and is governed by the members.  The Authority presently serves 38 municipally-owned electric systems in Oklahoma.

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