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Members Vote Yes For Consolidation Kiwash and Caddo make history as state’s first consolidated cooperative


Kilowatt M


SEPTEMBER 2015 Published for members of Kiwash Electric Cooperative


A supplement to Oklahoma Living


ember owners of Caddo Electric Cooperative of Binger, Okla. and Kiwash Electric Cooperative of


Cordell, Okla., made history last month as they successfully voted to join forces to create one new cooperative. CKenergy Electric Cooperative, Inc., will become effective January 1, 2016, as the state’s first consolidated electric cooperative. Caddo members overwhelmingly approved the proposition for consolidation with 89.3 percent voting in favor. At the Kiwash Annual Meeting later on Monday, August 10, Kiwash members passed the proposition by 84.9 percent.


Headquarters for CKenergy Electric Cooperative will be in Binger, the location of the original Caddo Electric Cooperative. The Cordell office of Kiwash Electric will remain a regional hub for the new entity.


Representatives from both co-ops cite cost reductions as the primary reason for consolidating. “Keeping electric rates affordable is a challenge in an era of rising costs for infrastructure, environmental and other government regulations,” said Dennis Krueger, retiring CEO of Kiwash Electric. “CKenergy Electric Cooperative will achieve an estimated $20 million dollar savings over the next ten years through employee attrition and other savings opportunities that will positively affect the future electric rate structure of the new utility.”


An electric cooperative is a consumer-owned, not-for-profit private organization in which any profits (margins) achieved over and above the operational expenses are allocated back to the local owners through patronage capital. Currently, 28 electric cooperatives serve in rural Oklahoma. “On January 1, there will be 27, thanks to the foresight of the trustees and the members of these two electric utilities,” Krueger added.


A Kiwash Electric member casts his ballot on the consolidation question. The election took place at the Kiwash Annual Meeting on August 10.


Clint Pack, current CEO of Caddo and future CEO of CKenergy Electric Cooperative said the consolidation took a concerted effort by representatives of both co-ops. “CKenergy will continue to be a service oriented organization and will strive to improve its service even more,” he said. “Construction of key interconnects between substations will ultimately enable better service to all our members.”


“Caddo/Kiwash Together” has been the slogan used to educate the consumers of the new CKenergy. “It was a bold decision by the utility members, employees and trustees, Pack said. “But the vote was very positive and CKenergy Electric Cooperative will carry the proud banner forward.”


Caddo and Kiwash up their game for great service.


Members win cash prizes at the Kiwash Annual Meeting.


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Extra fridge in your garage? Make sure it operates safely.


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Kiwash Electric Cooperative PO Box 100 • 120 West 1st Street Cordell, Oklahoma 73632


tele: (888) 832-3362 www.kiwash.coop


OFFICE HOURS: Monday-Friday, 7:30 am - 5:30 pm.


POWER OUTAGE HOT LINE 888-832-3362


BOARD OF TRUSTEES Jack Sawatzky, President


Robert Travis, Vice President John Schaufele, Secretary Treasurer Rex Eagan, Asst. Secretary Treasurer Jevon West


Marvin Hankins


Dennis Krueger, General Manager PAYMENT OPTIONS


• Pay online at www.kiwash.coop.


• Pay by phone by calling 855-875-7216. Available 24 hours a day. Visa or Mastercard.


• Pay in person at 120 West 1st St., Cordell, Monday - Friday, 7:30 am to 5:30 pm.


• Pay via automatic draft of your checking or savings account. To sign up, please visit www.kiwash.coop or call 888-832-3362.


• Pay at one of our authorized payment locations:


Custer City Hall Custer City, Oklahoma


First National Bank Thomas, Oklahoma


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