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November - December 2014


Light Post Annual Meeting Highlights


CEO Reports On KEC Progress Challenges ahead include possibility of higher energy costs


Electric Cooperative (KEC). The remainder goes to the generating plant that sells electricity to your co-op.


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Jim Jackson, KEC CEO, shared these facts in his report to members at the KEC Annual Meeting on October 4.


Jackson told members KEC experienced an 11 percent growth in revenue last year due to cold weather. That revenue was offset by a 12 percent increase in wholesale power costs. KEC financial standing remains sound, prompting the board to approve a capital credit refund of $821,871.54 to co-op members.


"Financial stability and reliability at low cost is our constant goal, but those three items can be hard to mix," Jackson said. "But we do it, and I'm proud that the board, employees and our members work together to make those items mix so well."


nly 29 cents of every dollar you pay on your electric bill actually stays wtih Kiamichi


Jackson pointed out that KEC will face hurdles ahead as new federal regulations on power plants begin to affect electricity prices. "The EPA's latest proposal will change the rules so drastically that they will shut down cooperative-owned power plants before their time. In those cases, there will be stranded costs and guess who pays for those costs?" Jackson said.


Jackson encouraged members to visit the website www.Action.coop to learn about the issue and post their comments.


In the coming months, Jackson said KEC will move ahead with construction plans for a new office facility. The board of trustees approved the plan in July after many months of review and consideration. The board approved the decision after pricing showed it would cost less to build a new building than to renovate the existing one.


With EPA regulations threatening to increase future power costs, Jackson explained how KEC programs can help members prepare by making their home more efficient. In partnership with ClimateMaster, KEC is making geothermal systems more affordable for members by financing a large part of the installation cost. Another KEC program offers free home energy audits for co-op members, with the option to finance suggested improvements through Energy Pioneer Solutions.


Number 9 Community Center won the grand prize at the KEC Annual Meeting on October 4. The center will enjoy $600 worth of free electricity, courtesy of Kiamichi Electric. Congratulations on your prize, and thank you for attending your annual meeting!


"Finding ways to save our members money is part of KEC's service to you," said Jackson."The bottom line is electricity is going to cost more, so we are committed to finding ways to lessen that amount to you."


Next year the KEC Annual Meeting will be held at the Southeast Expo Center in McAlester. Jackson said the shift in location will provide more room for visitors, easier access to seating, and more space for vendors to showcase products and services.


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closing plants ■ page 2


have you tried


our portal? ■ page 3


help with winter


energy bills ■ page 4


tis the season Kiamichi Electric Cooperative


966 SW Highway 2 • PO Box 340 Wilburton, Oklahoma 74578


tele: (918) 465-2338


toll free: (800) 888-2731 FAX: (918) 465-2950


Kiamichi Electric on the Web www.kiamichielectric.org


www.facebook.com/kiamichielectric email: support@kiamchielectric.org


Hours of Operation Monday-Friday 8 am to 5 pm


24-Hour Outage Hotline (800) 888-2731


CONVENIENT BILL PAYMENTOPTIONS


■ Pay online using our secure payment site at www.kiamichielectric.org.


■ Pay via smart phone, iPad or tablet using our mobile app. Download the free app at www.kiamichielectric.org.


■ Pay via telephone 24 hours a day using a major credit card at 800-888-2731.


■ Pay in person at Kiamichi Electric, or use our drive-through payment drop box, available 24 hours a day.


■ Pay using the payment kiosk at the following authorized Kiamichi Electric payment locations.


Dr. Doo’s Lakeside Motor Sports Highway 9 East, Longtown


BancFirst E. Carl Albert Parkway, McAlester


The Rhone Agency 1318 S. Main Street, McAlester


Western Auto 312 Dewey Street, Poteau


for energy use ■ page 5


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regulations ■ page 6


PUBLISHED FOR MEMBERS OF KIAMICHI ELECTRIC COOPERATIVE


Holiday Hours Kiamichi Electric Cooperative will close on December 24-25 for Christmas, and January 1 for New Year. To report a power outage during this time, please call 800-888-2731. Merry Christmas!


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