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Page 2 C A N A D I A N P.O. Box 751 Seminole, Okla.


Serving Hughes, Lincoln, McIntosh, Okfuskee, Pottawatomie, Seminole and portions of Oklahoma, Cleveland and Creek counties


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 - Yates Adcock, Dustin .................... Vice President - Joe Semtner, Konawa ........... Sec.-Treas. - Robert Schoenecke, Meeker ..... Asst. Sec/Treas. - Steve Marak, Meeker ......... Gary Crain, Prague........................................... Clayton Eads, Shawnee .................................. Matt Goodson, Tecumseh ................................ J.P. Duvall, Seminole ....................................... George E. Hand .............................................. J. Roger Henson .............................................


Telephone Numbers


Seminole Shawnee, Tecumseh Earlsboro Eufaula Toll-free


(405) 382-3680 (405) 273-4680 (918) 689-3232 (877) 382-3680


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. Read


Billing date


Cycle 1 Cycle 2 Cycle 3


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


5th 15th 25th


1-1/2% penalty is applied 20 days after billing date


Operating Statistics for February 2013


2014


Operating Revenues Wholesale Cost of Power Percentage WPC is of Revenue Revenue per Mile of Line Consumers per Mile of Line KW Peak Demand - This month Billing kW demand KW Peak Demand - YTD KWh Purchased - This month Taxes Paid


Interest on Long Term Debt System Load Factor


$4,248,207 $3,518,617 82.82


$818.38 4.59


142,252 109,236 146,172 64,470,320 $97,835 $162,420 67.4


$5,278,324 $4,563,871 86.46


$1,014.28 4.61


182,888 109,675 182,888 74,421,380 $114,545 $163,167 60.6


New Services Staked in March During the month of March 28 new services were staked. The total new services staked in 2014 is 90. This compares to 85 for the same period in 2013.


FINANCIAL STATEMENT


BEGINNING BALANCE 2/28/14....... Deposits.......................................................... Interest Income ................................................ Checks Issued ........................................... Approved, not yet paid ........................... BALANCE 3/31/14..............................


$200,037.67 8,130.42 43.00


-13,794.39 -13,883.00


$180,533.70


CVEC Foundation administers and disburses funds collected through CVEC's Operation Round-Up Program.


District 8 District 6 District 2 District 1 District 3 District 4 District 5 District 7 Manager Attorney


By George Continued from page 1.


the third. Businesses that thrive are those that do the best job of meeting customer expectation. Successful busi- nesses embrace higher customer expectations and do their best to meet or exceed those expectations. Canadian Valley Electric Cooperative was one of the first utilities to install “smart meters” about 12 years ago. We didn’t call them smart meters then. We can read these meters from the of- fice for energy usage, check to see if the power has “blink- ed” and how many times. They can also tell us if someone has messed with the meter. For those who regularly don’t pay or move in and out, 1005260905 with a little add-on de- vice we can also turn the power on and off without making a trip by a lineman. Fortunately we don’t need very many of those add-on devices.


Some of these meters are about 12 years old now and still serving us well. At the time of installation, the cost was a significant expense for the cooperative. But just the savings of not having to send an employee to read the meters each month and then send someone to reread when human error occurred or the bill was too high, paid for this “new at the time” technology in less than five years. Today virtually every utility now has the ability to read their cus- tomers’ meters remotely. While this system still serves us well for the purposes it was originally intended, customer expectations are rising. Meter-monitoring technology ex- ists to do much more than the 12-year-old technology. Can you imagine comparing a 12-year-old cell phone with a new I-Phone 5 “whatever”? Today the technology exists or is being developed to allow customers to monitor their elec- tric service and usage over that new I-Phone from virtually anywhere in the world. There is always a price to pay, but soon meter technology will be there to constantly monitor not only for energy usage, outages and blinks, but to watch Continued on page 3.


V A L L E Y ELECTRALITE


The ElectraLite


May 2014


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