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PARTNERING WITH EDUCATION FOR A BRIGHTER FUTURE


School District


Corporate Profile Verdigris Valley Electric Cooperative is:


• A distribution co-op providing electric service to residential, commercial and industrial consumers


•Headquartered in Collinsville, Oklahoma •Incorporated October 24, 1938


• Serves 36,126 meters; is Oklahoma’s third largest electric cooperative (based on the number of meters)


• Maintains 4,757 miles of electric line


• Serves members in Nowata, Osage, Rogers, Tulsa and Washington counties


• Ninety-six employees cover the co-op’s more than 3,132-square mile service territory daily


• VVEC has warehouse and maintenance facilities in Nowata and Bartlesville, Oklahoma


• A non-profit corporation wholly-owned by the members it serves


• Governed by a nine-member board of trustees who are elected by members residing in the districts they represent.


• Trustee terms of office are for three years; three trustee positions are up for election each year


Power Circuit


Power Circuit is published monthly by Verdigris Valley Electric Cooperative, Collinsville, Oklahoma for its members in Tulsa, Rogers, Washington, Nowata and Osage counties. Periodical postage paid at Tulsa, Oklahoma and other additional mailing offices. Subscription price is $0.21 per month.


POSTMASTER - send address changes to: Power Circuit, P.O. Box 219, Collinsville, OK 74021.


Volume 75 • Number 10 • October 2016


Oklahoma Union Oologah Caney Valley Owasso Collinsville Skiatook Bowring Nowata Barnsdall Dewey


Sequoyah Sperry


Bartlesville Copan Justus Avant Foyil


Pawhuska South Coffeyville Chelsea Claremore Hominy


Sand Springs Verdigris Catoosa Prue


Anderson Tulsa


Osage Hills Inola


Chouteau-Mazie VVEC


$104,215.30 95,891.69 95,381.28 89,354.87 70,747.34 64,886.58 62,841.66 57,680.24 56,311.69 54,863.54 49,901.13 44,972.38 44,565.48 34,247.37 28,877.58 27,411.67 26,017.58 24,078.41 22,478.16 21,547.36 21,310.45 20,981.60 19,467.79 14,392.97 13,626.87 12,441.40 10,484.44 10,036.72 6,459.14 4,063.29 574.38


$1,210,110.36 KAMO


$40,834.16 90,106.38


48,292.80 43,546.40 34,844.65


Total


$145,049.46 95,891.69 185,487.66 89,354.87


37,971.25 37,368.53


95,530.84 32,509.11


9,568.15


12,544.07 16,725.43


119,040.14 108,432.98 62,841.66 57,680.24 91,156.34 54,863.54 49,901.13 44,972.38 44,565.48 34,247.37 28,877.58 65,382.92 26,017.58 61,446.94 22,478.16 21,547.36 21,310.45


116,512.44 51,976.90 14,392.97 13,626.87 22,009.55 10,484.44 10,036.72 6,459.14 16,607.36 17,299.81


$499,841.77 $1,709,952.13


GIVING BACK TO THE COMMUNITY VVEC provides financial support to school systems in our service territory


through the payment of gross receipts tax. The 2 percent gross receipts tax is collected from members’ monthly electric bills at the instruction of the Oklahoma Tax Commission. The amount of tax is distributed by the miles of electric line the co-op has in each school district.


KAMO Power, VVEC’s wholesale power supplier, also pays gross receipts taxes. In 2015, VVEC and KAMO Power together paid over $1.7 million in taxes to area school systems.


ON THE COVER


From top: 2016 Youth Tour delegates, Katelyn Shearhart & Michael McGill traveled to Washington, D.C. as part of a VVEC scholarshipped trip; photo courtesy OAEC. VVEC employee Robert Rouse teaches students about electrical safety; photo by Mike Mattox. VVEC Trustee Jimmy Brackett presents a check to Nowata Schools to support the school’s vo-ag program. The Rock Volunteer Fire Department poses in front of their fire truck at an appreciation cookout hosted by VVEC for area fire departments; photos by Misti Frazier.


2 • Power Circuit • October 2016


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