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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


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


Operating Statistics for March 2013


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


$4,919,951 $3,660,246 74.40


$947.60 4.60


134,252 109,236 146,172 64,683,730 $91,816 $181,548 64.8


2014


$5,701,555 $5,054,729 88.66


$1,095.40 4.62


184,404 109,675 184,404 74,209,410 $105,797 $180,056 54.1


New Services Staked in March During the month of March 44 new services were staked. The total new services staked in 2014 is 134. This compares to 132 for the same period in 2013.


FINANCIAL STATEMENT


BEGINNING BALANCE 3/31/14....... Deposits.......................................................... Interest Income ................................................ Checks Issued ................................................. Approved, not yet paid ........................... BALANCE 4/30/14..............................


$194,416.70 8,139.84 10.49


-762.22


-22,698.00 $179,106.81


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


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


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


By George


America, we have a problem. Three out of four Ameri- cans say they are concerned the proposed EPA policies will produce higher electricity costs. This poll relates a concern by many that electricity is going to cost more due to more regulations on existing generators. This is a valid concern. However, we must also be concerned that the actual sup- ply of reliable energy is going to become an issue as more generating companies announce plans to shut down exist- ing coal fired generating plants. Companies are deciding to shut down these plants rather than spend billions of dollars to meet new regulations knowing that after spending the money on these existing plants to comply with today’s regulation they will still be subject to even more strict regulations in the future for which the technology does not commercially exist to meet. Removing reliable and afford- able coal generation from our electric generation mix will force Americans to rely more on fuels subject to swings in price from supply and demand. An editorial in today’s paper reports how the United States is exporting more coal to other countries to be burned in their generators to fuel their economies while our econo- my suffers and American pay more for electricity. After the problems with the nuclear power plants in Japan when the tidal wave damaged the nuclear power plants and allowed the nuclear material to escape, Europe, Japan, China and others are moving away from nuclear energy to using more coal, much of it from the United States, to make the electric- ity they need to meet the needs of their citizens and compete in the world economy. We are beating ourselves up and handing our standard of living to the world while the price is being primarily paid by those in our country who can afford it the least.


I am a proponent of wind and solar energy. We should Continued on page 3.


V A L L E ELECTRALITE


The ElectraLite


June 2014


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