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www.PeoplesElectric.coop | September 2016 CONCERN FOR COMMUNITY


23rd


Pauls Valley


35 Davis 7 Annual Show Murray County Antique Tractor and Implement Association 19 177 Wynnewood 29 Tractor Rd.


Show Grounds


Sulphur


24 Hour Outage Reporting System (877) 272-1500 or


(580) 272-1500 (Ada Area) Website: www.PeoplesElectric.coop


IMPORTANT DATES Bills mailed ........................................31st Bills should be paid by the .........10th Cutoff s made ...................................20th


STEPS TO FOLLOW IF YOUR For more


Also coming to PEC Day on September 24 . . . thank you PEC member J.J. McGill of Davis (pictured above) and MCATIA for providing complimentary parking shuttle at PEC’s annual meetings since 2001.


information call: (580) 264-0500 (580) 622-6611 (580) 369-8362


7 miles north of Sulphur on Hwy 177, then 3/4 mile east on Tractor Rd.


MCATIA will be hosting exciting and educational events for the whole family! Gates will open at 7:30 each morning. Throughout these fun-fi lled days, attendees will be able to experience wheat threshing, hay baling, corn shelling, tractor games, arts and crafts, tractor pulls, wood sawing, blacksmiths, a consignment auction, and much more at an admission fee of only $3.00 per person! Under 16 and over 60 are free!


Patronage Capital Credit Allocation Notice


The Patronage Capital Credit Allocation Notice is issued in accordance with the Bylaws of People’s Electric Cooperative.


The total amount allocated for the calendar year of 2015 is $7,512,160.98. The allocation factor is 0.1406577019 for residential accounts, 0.1571387777 for general service/commercial accounts, and 0.0941929596 for large power accounts. The amount of patronage taxable income for the calendar year 2015 is $4,520,855.00. The allocation factor is 0.0846484889 for residential accounts, 0.0945668801 for general service/commercial accounts, and 0.0566857801 for large power accounts. To determine your amount of capital credit allocation, multiply the allocation factor by the total amount of your electric bill for 2015. The amount of your allocation is available from the Cooperative upon request.


This notice is for your information only. This amount is not available as either cash or credit on your electric bill. Refund of this amount in full or in part at any time in the future shall be based on the decision of the Board of Trustees that the fi nancial condition of the Cooperative shall not be impaired by making such refund. This amount is not required to be reported by you for income tax purposes until redeemed for cash and then only if you receive an income tax deduction for the payment made to the cooperative during 2015. Accordingly, it is unlikely that residential patrons will be required to report such allocations even when paid to them in cash or credited to their electric bill. If you cease to be a member, please keep us advised of your current address. Copies of the Cooperative Bylaws are available upon request.


please call Kathy Spillman or Kyle Stuart at (580) 332-3031. If you have any questions concerning this allocation


ELECTRICITY GOES OFF 1. Check your fuse or breaker box. 2. Check with your neighbors. Are they off ? Have they reported the outage?


3. Call our 24 hour Outage Reporting System at toll-free 1-877-272-1500 or (580) 272-1500 (local Ada area).


4. Always report outages promptly! Remember, the cooperative's responsibility ends at the meter. If a service call is made and the trouble is found on the consumer's side, a $50.00 service charge will be assessed.


5. For faster service, please make sure we have the correct phone number(s) for your account on fi le. Your phone number will be used to access your account information.


Providing electricity and energy service to over 21,000 meters in the following 11 south central Oklahoma counties: Atoka, Carter, Coal, Garvin, Hughes, Johnston, McClain, Murray, Pittsburg, Pontotoc and Seminole.


BOARD OF TRUSTEES


Eldon Flinn - Fittstown Chairman & President


Jenny Trett- Sulphur Vice Chairman


Dr. Laurin Patton - Ada Secretary


Bob Thomas - Coalgate Treasurer


Jack Lambert - Ada Trustee


To Ada


September 16, 17, 18


Business Hours


8 a.m. to 5 p.m. Monday-Friday (877) 456-3031 or (580) 332-3031(Ada Area)


People’s Powerline is published monthly by


People's Electric Cooperative


P.O. Box 429 Ada, OK 74821


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