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Page 2 C A N A D I A N V A L L E Y


P.O. Box 751 Seminole, Okla. 74818 Serving Hughes, Lincoln, McIntosh, Okfuskee, Pottawatomie, Seminole and portions of Oklahoma, Cleveland and Creek counties


ELECTRALITE By George cont.


Main Office and Headquarters Interstate 40 at the Prague/Seminole Exit


Area Office


35 W JC Watts Street, Eufaula Office Hours


8 a.m. to 5 p.m., Monday -Friday Board of Trustees


President— Matt Goodson, Tecumseh ......................District 5 Vice President — Robert Schoenecke, Meeker .........District 2 Secretary-Tres.—Steve Marak, Meeker ....................District 1 Asst. Sec/Treas. — Joe Semtner, Konawa ................District 6 Yates Adcock, Dustin ..............................................District 8 Gary Crain, Prague.....................................................District 3 Clayton Eads, Shawnee .............................................District 4 J.P, Duvall, Seminole .................................................District 7 George E Hand .....................................................Manager J. Roger Henson ....................................................Attorney Ann Weaver ...........................................................Editor


Telephone Numbers


Seminole .........................................................(405) 382-3680 Shawnee, Tecumseh, Earlsboro ......................(405) 273-4680 Toll free.............................................................(877)382-3680 Eufaula ........................................................... (918) 689-3232


Read


Cycle 1 Cycle 2 Cycle 3


26th-31st 6th-11th 16th-21st


Billing date 5th


1-1/2% penalty


15th is applied 20 25th after billing date


In Case of Trouble 1. Check for blown fuse or tripped circuit breakers. 2. Check with your neighbors. Ask if their electricity is off and if they have reported it. 3. If not call the office and report the trouble.


Operating Statistics for August 2010


Operating Revenues .......................... $5,477,119 Wholesale Cost of Power .................. $4,008,457 Percentage WPC is of Revenue .................. 73.19 Revenue Per Mi of Line: MTD ............. $1,063.93 Consumers per mile of line:MTD .................. 4.56 KWPeak Demand -This Month ................ 148,810 Billing KW Demand ..................................115,005 KW Peak Demand: YTD .......................... 158,984 KWH Purchased - This Month ............. 75,462,470 Taxes Paid ............................................... $114,205 Interest on Long Term Debt ................... $188,615 System Load Factor ...................................... 68.2


2011


$6,000,143 $4,378,243 72.97


$1,161.02 4.58


165,676 110,748 165,676


79,215,980 $122,183 $189,330 64.3


New Services Staked in September During the month of September 35 new services were


staked. The total new services staked in 2011 is 359. This compares to 330 for the same period in 2010.


from oil and gas production. Some drive as much as 200 miles per day to find jobs in Oklahoma City, Tulsa and elsewhere to sup- port and maintain the lifestyle of the area in which they were born and raised. Many do so on limited incomes. These people are the members and customers of Canadian Valley Electric Cooperative. The economic boost to the area from the jobs during construction and ongoing operation of the pipeline will be significant to the area. Most of the schools in this area have been consolidated. The schools that remain struggle with the declining property tax base to produce the revenue that is necessary just to maintain their existing physical assets. County government officials likewise must meet the requirements placed on them with very limited resources. The de- clining job base and declining tax revenues from property and other economic activity have been and continue to be long term issues in many of the rural areas of southeastern Oklahoma. The increase in the property tax base from the Keystone Pipeline and the associ- ated pumping stations will help support the schools and the public infrastructure in the counties. Canadian Valley Electric Cooperative is a nonprofit electric distribution utility and as such operates on cost based rates. The ma- jority of our customers are rural residential consumers. An electric utility system functions most efficiently when it serves a variety of electric consumers including customers like Keystone Pipeline with its more constant utilization factor, thus helping control the energy costs of all customers on the utilities system grid. Large customers such as Keystone helps make the utilization of the electric transmis- sion system more efficient, benefiting all customers connected to the system. Keystone Pipeline pump stations will also be located in the service territories of two other electric distribution cooperatives, Southeastern Electric Cooperative and Peoples Electric Cooperative with the same positive economic impact on those cooperatives and their residential customers.


The Keystone Pipeline project will be an economic boost to these areas and other areas by adding jobs, increasing the tax base and improving the utilization efficiency of the electric utility system. I am sure that there will be numerous speakers which will express the value to our nation of providing a more secure and de- pendable resource for the oil we must import to meet our needs. But there is more. Our nation’s economy continues to struggle primarily for jobs but also for investments in the future. We hear that large companies are “sitting” on piles of cash, afraid to invest their money in those assets that our nation needs to provide economic opportuni- ty to our citizens in the future. In TransCanada through the Keystone XL Pipeline project we have a company ready to invest and risk their dollars in the future of our nation’s economy. Let’s support them. Not stand in their way.


Additionally I have read and heard that there are those who are concerned that this large pipeline pumping oil across the country might “spill” some oil and injure the environment. Let’s admit that no one can give a 100% guarantee that this pipeline or any pipeline will never “spill” some oil into the environment which must be cleaned up. I believe that should this happen, it will be a lot easier to clean up the spilled oil, than to remove the stain of the spilled blood that has occurred to keep the oil flowing from across the ocean from people who don’t like us. Everyday we send more of our nation’s wealth to the Middle East to satisfy our need for energy. Some of that wealth has likely already been used to injure us as individuals and as a nation. The TransCanada Keystone XL Pipeline project is good for


all Americans. Let’s move forward. Thank You”


The ElectraLite


NOVEMBER 2011


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