MAY 2017
Coal County, Oklahoma A NEWSLETTER FOR PEC’S ELECTRIC CONSUMERS
Another innovative stop on PEC’s road to progress New generation units to come online
M
ore than 80 years ago when night’s only glimmer of light came from
the moon above or a coal oil lamp, ten pioneering men of PEC made the dream of building and distributing aff ordable electric power a reality. Their fi rst fi nancial loan in the amount of $135,000 was approved in March of 1938 from the Rural Electrifi cation Administration (REA), and from there, 125 miles of power line were constructed to serve 470 customers in Coal, Hughes and Pontotoc counties.
“ . . . PEC is proactively working to secure our entire membership’s cost of power through careful research and evaluation of the most economical sources of power and innovative uses of technology.”
--Kevin Wood Executive VP and CEO
Fast forward to the early 1990s. PEC became the fi rst electric cooperative in Oklahoma to remotely monitor all substations with full supervisory control and data acquisition (SCADA) capabilities in all of its substations, including those owned by its power supplier. This was long before the term “smart grid” was such a buzzword in the cooperative market or the utility industry as a whole.
By 2005, PEC became one of the fi rst cooperatives in the country to begin using steel poles for all new construction. The steel poles are much stronger thereby creating a much more reliable system for the future.
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Today, every decision continues to be made with progress in mind. Our current service area includes approximately 21,000 locations consisting of residential and general service loads, along with industrial and large commercial entities throughout 11 south central Oklahoma counties.
Kyle Stuart, senior vice-president of administrative services refl ected on the co-ops fi nancial strength. “PEC has been blessed over its 80 year history to grow from very humble beginnings to now having over 200 million dollars in assets. The co- op’s strong fi nancial condition continues to be a tool that allows us to improve overall system reliability, and therefore better serve our members,” Stuart said.
Distribution, Transmission & now Generation
Beginning this summer and continuing throughout the fall, PEC will bring online 30 reciprocating internal combustion engine (RICE) generating units which will
-- See Road to Progress, Page 2
(above l-r) PEC’s senior vp-administrative services Kyle Stuart, senior vp-operations & engineering John Hudson, board of trustees Dr. Laurin Patton, Jenny Trett, Eldon Flinn, Jack Lambert, and Bob Thomas, executive vp & CEO Kevin Wood review progress of a portion of the natural gas generation units located in Coal County scheduled to come online this summer.
Finance a New Heat Pump
Beat the summer heat with a new heat pump. Let PEC set-up convenient monthly payments.
Page 3 IN THIS ISSUE
by Jennifer Boeck, Editor
Report Power Outages (24 hrs/day 7 days a week) 1-877-272-1500 or
(580) 272-1500, local Ada Area
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