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C A N A D I A N December 2013


V SUPPLEMENT TO OKLAHOMA LIVING


Consolidation Discussions Continue


Discussions about a potential consolidation between Canadian Valley Electric Cooperative and Central Rural Electric Cooperative continue, as the boards of trustees wait for the results of the comprehensive study being conducted by the Cooperative Finance Corporation. We encourage you to continue to visit the website www.buildingourenergyfuturetogether. com to learn more about the two cooperatives. Here are some quick facts about both coopera-


tives to get you started.


Canadian Valley Electric Co-op Headquarters: Seminole, OK Website: www.canadianvalley.org Miles of line: 4,873 Meters: 23,430 Employees: 59 CEO: George Hand Board Chairman: Yates Adcock Service area: Creek, Hughes, Lin- coln, McIntosh, Okfuskee, Oklahoma, Pottawatomie and Seminole counties


Central Rural Electric Co-op Headquarters: Stillwater, OK Website: www.crec.coop Miles of line: 4,169 Meters: 22,819 Employees: 79 CEO: David Swank Board Chairman: Gary McCune Service area: Garfield, Lincoln, Lo- gan, Noble, Oklahoma, Pawnee and Payne counties


Annual Essay Contest Winners Recognized


Winners of the 13th Annual Amer- ican Legion-Canadian Valley Electric Cooperative essay contest are Kariah Hester and Drake Irby.


Hester is a student of Debra Reid at Luther High School. She is the daughter of Lakesha Hester and Anthony Thompson.


Irby is a student of Pamela An- derson at Chandler Jr. High School, and the son of Joseph and Tracy Irby. The winners were recognized at


the recent American Legion-Canadian Valley Electric Co-op annual Flag Re- tirement Ceremony, and were each awarded $250.


A ELECTRALITE By George


Those of you who regularly pay attention to this column know Canadian Valley Electric Cooperative and Central Rural Electric Cooperative, our neighbor- ing electric cooperative to the North, are considering a possible consolidation of our operations to better serve our collec- tive memberships. We are in the process of studying various aspects of our opera- tions to determine the effects of combin- ing our efforts to “build a better servant” electric cooperative for the people of the part of Oklahoma we serve. We are in- viting and asking other organizations and entities, with which we regularly interact, to review the possible consolidation and give us their advice and feedback.


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include our primary lenders: the Rural Utilities Service (RUS), CoBank, and the National Rural Utilities Cooperative Fi- nance Corporative (CFC). We have and will continue to hold discussions with our wholesale power suppliers as well as our statewide organization, the Oklahoma Association of Electric Cooperatives. We plan to have professionals in this area of cooperative consolidations who work with cooperatives nationwide through the National Association of Electric Coop- eratives (NRECA) review the proposed consolidation plan and give us their input. One of our similarities is that both co-ops have for years used the ser- vices of the same engineering firm - CH Guernsey Engineers - for electric sys- tem design and other purposes. While headquartered in Oklahoma, this firm is a well respected, nationally recognized engineering firm. We will be asking this firm to study and review the synergies of combining the operations of the two cooperatives focusing on the benefits to the combined membership both economi-


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