Rangely

Moon Lake Electric shows growth despite recession

ROOSEVELT, UTAH — The economy may have slowed down in the Uintah Basin at the end of 2008, but Moon Lake Electric Association still saw growth, the cooperative’s general manager and CEO said Thursday night.
Grant Earl told Moon Lake’s members revenues rose 3 percent last year. The increase helped the co-op meet all of its financial obligations and close 2008 with a net margin of more than $5 million.
“We’re still in good financial…