POWERShield Perks Continued from page 1
120 volts. Electricity can spike for a number of uncontrollable circumstances, such as weather events, animals interfering with electrical equipment and vehicle accidents with utility poles which can send millions of volts searing through your wiring. Many homeowners believe that
adequate surge protection begins and ends with plugging their computer into a power strip. Unfortunately, that’s seldom the case. First of all, not all surge protectors
live up to their name; some are little more than glorifi ed extension cords. Second, a surge will follow any
wire into a house — phone and cable lines included — and threaten fax and answering machines, televisions, satellite systems, computers, and modems.
263602004 And third, delicate electronic
circuitry proliferates today’s modern home, leaving common appliances as vulnerable as computers to the eff ects of surges.
All is not lost
Homeowners can protect most digital electronics and appliances with surge suppressors. As the term implies, these devices suppress a fl uctuating power supply by diverting excess voltage to a ground wire. PEC is proud to off er POWERShield which consists of two levels of protection: 1) at the meter base and 2) within the home in order to provide the ultimate in protection. The fi rst line of defense against
surges is a socket device installed at your meter base. This device is designed to reduce any potentially damaging external, high-voltage spikes and surges to a “safe” level before they enter your home via the power line. Extra protection is provided by
surge suppression devices installed at outlets within your home for sensitive
electronic equipment. When installed properly, these devices will protect your equipment from surges through the electrical wiring, telephone lines and coaxial cable. Device warranties range from $250 to $50,000. Equipment and warranty are
provided by TESCO, a name trusted by cooperative customers throughout the United States. Protect your home through this
program for $4.95 per month and a one time installation fee of $50, with a 60 month lease agreement. *During September, the $50 installation fee is discounted to $25. No deposit is required for current PEC consumers who have received service during the most recent 24 months and have established good credit with the cooperative. (For those who do not meet this criteria, there is a $100 refundable security deposit required to join the program.) The outside equipment remains the property of PEC; however, the devices inside the home are yours to keep. Call us today at (580) 332-3031 or
toll-free 1-877-456-3031 within the local Ada calling area.
How Do Capital Credits Work?
Because People’s Electric Cooperative operates at cost, any excess revenues, called margins, are returned to members in the form of capital credits.
Your capital credits
retirements are returned each year at
PEC Day or by mail.
4 PEC tracks how much 5
electricity you buy and how much money you pay for it throughout the year.
People’s Electric Co-op has retired more than
$18 million
When PEC’s financial condition permits, your board of trustees decides to retire (or pay) the capital credits.
to members since 1987.
PEC allocates the 3
margins to members as capital credits based upon their use of electricity during the year.
1
At the end of the year, PEC completes
financial matters and determines
whether there are excess revenues, called margins.
2
POWERWatch:
“Let us watch your power when you’re NOT.”
PEC has optional metering equipment available which will automatically notify PEC’s dispatch center of an outage at your specifi c
location. 350201904 For members who elect this
option, POWERWatch will notify PEC of a power outage, even when no one is at home. POWERWatch is ideal for lake homes and other locations that are not regularly occupied--or just when you’re on vacation.
Peace of mind for only $3 per
month (single-phase meters), which is simply added to your monthly PEC electric bill. T ree-phase customers may take advantage for $6 per month.
And that’s not all . . . we’ll even
send you a POWERWatch email once your power has been restored to your meter for an additional $1 per month.
Simply contact PEC’s Customer
Service department at toll-free 1-877- 456-3031 or (580) 332-3031 (local Ada area) for more information or to initiate POWERWatch today at your meter location.
This year when you receive your capital credit check at annual meeting or in the mail, remember that this member benefi t is special. The amount of your capital credit check may vary from year to year, and it may not always be the amount you’d like it to be, but it’s an example of the fi nancial strength your cooperative continues to achieve.
2 | September 2015
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