January 2012
A Supplement of Oklahoma Living Published by Lake Region Electric Cooperative for its members. Vol. 3
Powerline Press Cooperative Membership Matters
NEWSLETTER No. 1 Tip of the Month
Start the New Year with more energy lamps (CFLs) and light-emitting diodes (LEDs) cut lighting energy use by at least 75 percent. Learn more at
energysavers.gov.
Source: U.S. Department of Energy
By and large, we do not get to choose who provides our electric service. Folks on oppo- site sides of the road may be served by dif- ferent electric providers, some by investor- owned utilities and others by a city-owned municipal electric system. You are a member of Lake Region Electric Cooperative, a not- and your fellow members. There is one major difference between these entities. Every home or business that re- ceives power from LREC, owns a portion of the utility. As a result, anyone who receives cooperative electric service becomes a mem- ber, not a customer.
Being a member matters. LREC does not
LREC will be closed January 2nd in observance of the New Year.
exist to provide you with safe, reliable, and af- fordable electric service and doing so in a way that raises the quality of life in our communi- ties. Because electric cooperatives operate on a revenues above what it takes to run the business helps keep your electric bill affordable. Membership also matters because electric co- operatives care about improving the quality of life in the areas they serve, from sponsoring the scoreboard at the high school football stadium to helping the local food bank.
Membership matters because it entitles you
or college scholarships for your children. You also receive this newsletter because you are a member of an electric cooperative that wants you to stay informed about important news and
LREC Powerline Press
events. The Co-op Connections card even gives you discounts from national chain retailers and restaurants and local stores in your community. your neighborhood.
Membership matters because you have a voice and a vote in how your cooperative is governed. Through democratic control, members like you elected others from our cooperative to serve on the board of trustees. Control stays in local hands. Your board of trustees, along with those who work for your cooperative, are your friends and neighbors.
Membership matters because you receive re- turns on your investment. Electric cooperatives aim to operate at-cost so any excess revenues or margins are retired to members in the form of capital credits, based on their electric use.
1
JuaNita Keener, LREC employee
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