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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 ..............................................District 8


Yates Adcock, Dustin


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


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 March 2011


Operating Revenues .......................... Wholesale Cost of Power .................. Percentage WPC is of Revenue .................. Revenue Per Mi of Line: MTD ................ $831.14 Consumers per mile of line:MTD .................. 4.56 KWPeak Demand -This Month ................ 123,916 Billing KW Demand ..................................110,748 KW Peak Demand: YTD .......................... 162,960 KWH Purchased - This Month ............. 61,316,010 Taxes Paid ............................................... $82,888 Interest on Long Term Debt ................... $168,310 System Load Factor ...................................... 66.5


$4,290.333 $3,341,519 77.88


2012


$4,310,595 $3,181,719


73.81


$832.81 4.58


124,618 115,112 146,746


58,256,510 $85,544


$187,258 62.8


New Services Staked in April


During the month of April 20 new services were staked. The total new services staked in 2012 is 122. This compares to 132 for the same period in 2011.


Billing date 5th


15th 25th


1-1/2% penalty is applied 20


after billing date


Many of those who support these new more stringent regula- tions on production and use of fossil fuel energy want to see higher prices for all fossil fuel energy sources, so that less of these energy sources will be used. Many of these groups, because of their economic status, have lifestyles that will not be impacted at all by the increase in the cost of energy they consume. If environmental extremists are right and we must reduce fossil fuel consumption to avoid calamity, then forcing higher prices for consumption of fossil fuel energy, is akin to allowing the elite the privilege to buy the “right to pollute.”


The impact goes well beyond the magnitude of the electric bill. As we place more stringent regulations on producers within our borders, damaging our economy, while much of the rest of the world continues business as usual, has there been any positive gain overall?


In Oklahoma it’s reported we have an abundance of natural gas. The more natural gas we use, the more jobs it creates and the better for the state. Natural gas just starts out cleaner than coal. But it is still a carbon based fossil fuel and the environmentalists have their sights set on this source of energy also. As new generating plants are required for new customers and older plants reach the end of their useful lives, natural gas is today’s choice.


I have been associated with the energy business since 1971 and changes do come. I remember when laws were passed to shut down natural gas fired electric generating plants. The electric utili- ties were forced to turn to other sources. These other sources were for the most part coal and nuclear generating plants. In Oklahoma one attempt to build a nuclear generating plant failed after hun- dreds of millions of dollars had been spent. Every electric generat- ing utility began replacing natural gas plants with new coal fired generators. Billions of dollars were spent to make the change with all ending up on the backs of rate payers. The lesson is, like most of life, “do not put all of your eggs in one basket”, at least on this earth and in the energy business.


I am a great believer in technology. Price helps drive technol- ogy. We can change if that is required. I cheer every time a new wind generating farm is announced. Advances in solar energy technology will bring this resource into the mix.


When it is 110 degree over a large area of the country, then wind is not usually contributing. We must develop storage technology. We just cannot expect to make changes to such an important industry in a short time without hurting people. It took the electric energy providing industry more than a century to get to this point.


It cannot all be changed quickly by edicts from those who take no responsibility for the impacts of their pronouncements. At every opportunity add your voice to those calling for reason. We are all going to deal with the results.


BEGINNING BALANCE 3/31/12.....$155,500.14 Deposits ........................................................7,574.81 Interest Income .................................................7.06 Checks Issued ............................................-5,500.91 Approved, not yet paid ............................-5,159.00 BALANCE 4/30/12.............................$152,422.10


FINANCIAL STATEMENT


The ElectraLite


JUNE 2012


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