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■ currents ask your co-op


Q. A.


Why is the power cost adjustment (PCA) on my bill different from my neighbor?


The reason has to do with your co-op billing cycles,which are staggered throughout the month.


The power cost adjustment(PCA) is collected from Choctaw Electric members and paid in full to our wholesale energy supplier, Western Farmer’s Electric Co-op (WFEC). The PCA reflects the actual cost to generate electricity based on the current price of generating fuels, namely natural gas and coal. As these prices fluctuate, so goes the PCA.


WFEC “sets” the PCA at the same time each month. Basically, whatever the PCA is on that particular day is what you pay. This day occurs mid-month during CEC’s third billing cycle. The new PCA charges begin each month on Cycle 3 and run through Cycles 4, 1 an 2, before changing again.


Over the past year, wholesale power costs have increased by around .01/ per kilowatt- hour (kwh), mainly due to the gradual incline in natural gas prices. For instance, in April 2013, the cost of wholesale power from WFEC totaled $1.2 million. Keep in mind, that’s the monthly cost. In April of 2014, the cost climbed to $1.4 million.


When you consider that roughly 40 percent of what you pay for electricity goes to cover generating costs, it’s easy to understand why co-ops support measures that ensure a balanced mix of generating fuels that includes natural gas, coal, hydro, and renewables such as wind and solar.


Do you have a question for your electric co-op? If so, we’d love to hear from you. Please send your questions by mail or email to: Jennifer Boling, Choctaw Electric Cooperative, PO Box 758, Hwy 93 North, Hugo,Oklahoma 74743. Email: jboling@choctawelectric.coop.


Independence Day Hours


The offices of Choctaw Electric Cooperative will close on July 4 for Independence Day. To report a power outage or a service problem during this time please call your co-op at 800-780- 6486.


CEC Wins Newsletter Award


Choctaw Electric Cooperative’s newsletter, Inside Your Co-op, won several awards in the Oklahoma Association of Electric Cooperatives (OAEC) newsletter competition, In the large cooperative division, Inside Your Co-op won an award of excellence for Best Overall Content, and an award of merit for layout and design. The Choctaw Electric website also won award of excellence in the competition.


The awards were presented during the Oklahoma Association of Electric Cooperatives (OAEC) Annual Meeting held in April in Oklahoma City.


Members May Submit Changes to CEC Bylaws


Choctaw Electric Cooperative members may submit proposed changes to the CEC bylaws no less than 90 days prior to the CEC Annual Meeting on September 27, 2014.


The CEC bylaws are the rules under which your cooperative operates. These rules govern many aspects of your cooperative business including the election process and the establishment of cooperative voting districts. Information about amendments and changes is found in Article XV of the CEC bylaws.


CEC publishes proposed bylaw changes in the monthly newsletter, Inside Your Co-op, prior to the annual meeting. Members will vote on proposed amendments at the annual meeting.


Choctaw Electric CEO Terry Matlock and Oklahoma Living Editor Anna Politano show off one of the awards presented to the co-op at the OAEC Annual Meeting.


Copies of the CEC bylaws are available at your co-op office in Hugo, Idabel, and Antlers, or download a copy at www.choctawelectric.coop.


Install a Storm Shelter


For as little as $46 per month, you could install an in-ground storm shelter. Choctaw Electric storm shelter loans make safe shelter affordable for members by financing purchase,


delivery and installation. Two types of storm shelters are available: •


Manufactured in-ground shelter


• Poured-in-place, solid concrete in- ground storm shelters


Models are available in a variety of sizes with seating capacity up to 20 persons. For details, call 800-780-6486, ext. 2o7.


Correction


The May issue of Inside Your Co-op contained an error. The correct email address for Byrd Heat and Air LLC is leightonbyrd@yahoo. com. We’re sorry we goofed!


4 | june 2014


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