From Dream to Reality


Celebrating the past, present and future of OEC by Tory Tedder


The article below comes from the Oklahoma Electric Co-op News, Volume 30, Number 9, November, 1982. It 


If the Co-op is a non-profit corporation,


why aren't the rates the same as the investor-owned utilities? by Laurie Haynes, OEC Member Services Manager


Oklahoma Electric Co-op is a


  electricity for its members at the lowest price possible. Your co-op  


 of revenue) is kept in reserve.    of a major interruption of service.     reconstruct the service. 


     


  from 1956-1960. (The amount of  


 years.) An important comparison


   rates is the revenue per mile factor. Because we serve mainly  only 5 members per mile of line.    customers per mile of line. That    utility over a co-op. The investment OEC makes


to serve a new co-op member can be substantial. It costs OEC  construct one mile of electric line   miles to reach a new home or    





 each month. To meet the future   facility was built at a cost of $400    bill by about 1 cent per kWh since   OEC's rates at the present


time are not the same as the         The intent of this article is


  OEC is superior. We simply want    cooperative.





mile today than we did in 1983, about 9 per mile, but our revenue per mile is still well under that of investor- owned utilities. The co-op strives to provide a great service for its members with a more limited revenue pool and, through member involvement and support, it succeeds. Capital credits and affordable, steady rates–that's the cooperative difference.


28


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