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Page 2 C A N A D I A N P.O. Box 751 Seminole, Okla.


Serving Hughes, Lincoln, McIntosh, Okfuskee, Pottawatomie, Seminole and portions of Oklahoma, Cleveland and Creek counties


Main Office and Headquarters Interstate 40 at the Prague/Seminole Exit


Area Office


35 W. JC Watts Street, Eufaula Office Hours


8 a.m. to 5 p.m., Monday - Friday Board of Trustees


President - Yates Adcock, Dustin .................... Vice President - Joe Semtner, Konawa ........... Sec.-Treas. - Robert Schoenecke, Meeker ..... Asst. Sec/Treas. - Steve Marak, Meeker ......... Gary Crain, Prague........................................... Clayton Eads, Shawnee .................................. Matt Goodson, Tecumseh ................................ J.P. Duvall, Seminole ....................................... George E. Hand .............................................. J. Roger Henson .............................................


Telephone Numbers


Seminole Shawnee, Tecumseh, Earlsboro Eufaula Toll-free


(405) 382-3680 (405) 273-4680 (918) 689-3232 (877) 382-3680


In Case of Trouble


1. Check for blown fuse or tripped circuit breakers. 2. Check with your neighbors. Ask if their electricity is off and if they have reported it.


3. If not call the office and report the trouble. Read


Billing date


Cycle 1 Cycle 2 Cycle 3


26th-31st 6th-11th 16th-21st


5th 15th 25th


1-1/2% penalty is applied 20 days after billing date


Operating Statistics for March 2012


Operating Revenues Wholesale Cost of Power Percentage WPC is of Revenue Revenue per Mile of Line Consumers per Mile of Line KW Peak Demand - This month Billing kW demand KW Peak Demand - YTD KWh Purchased - This month Taxes Paid


Interest on Long Term Debt System Load Factor


$4,310,595 $3,181,719 73.81


$832.64 4.58


124,618 115,112 146,746 58,256,510 $85,544 $187,258 62.8


2013


$4,919,951 $3,660,246 74.40


$947.60 4.60


134,252 109,236 146,172 64,683,730 $91,816 $181,548 64.8


New Services Staked in April


During the month of April 47 new services were staked. The total new services staked in 2013 is 132. This compares to 134 for the same period in 2012.


District 8 District 6 District 2 District 1 District 3 District 4 District 5 District 7 Manager Attorney


By George Continued from page 1.


dollars at that time. I made the deal. But again I was blessed against my ignorance. Someone else bought that Corvette and it was the end of the model year.


I


“settled” for a new 1972 Mercury Montego. It only cost me $2,700. But they still “took” my 1969 Mustang. I drove that 1972 Montego for 15 years and


257,000 miles. After that my wife and I bought a 1988 Mercury and drove it for 250,000 miles. Marriage and kid reduce the “have to have” need for new cars. Today so does the sticker price. It’s hard to find a car to haul the grandkids around that cost less than $25,000. For now I just look. So far that is too much to pay for plas- tic and steel that will rapidly depreciate to very little. I have learned that the banks want their money back. Over the years the same type of “sticker shock” has occurred in the electric utility business. Fortunately most electric utility poles last more than “250,000 miles.” The average utility pole is expected to last about 35 years. Many of the early poles set in the CVEC electric system have lasted much longer. A typical price for an electric pole in the 1940’s was about $15.00 with about that much more to have it installed with hardware – about $30.00 total. For the past 28 years we have been formally “checking” about 10% of our more 100,000 electric poles each year or about 10,000 poles per year.


Some of our older poles will


have as many as three metal inspection tags. Each year two to five percent of the inspected poles will be judged not to have sufficient “life” left in them to last to the next inspection. That means we replace between 200 and 500 poles each year that have reached the end of their serviceability. These new poles cost from $1,000 to $3,000 installed depending on the equipment on the pole. These new poles are replacing poles that may have only cost $30.00 when originally installed. Even that $30.00 has been out of the rate base for a long time. So these replacement poles are “rate base shock.” Fortunately, growth in new customers and energy sales have helped offset most of these increased costs.


But


there are rate concerns in the future, if, when new cus- tomer growth slows. And this “sticker shock” applies to just about everything.


I wish I still had my 1969 Mustang and my 1960 Impala and my 1955 Ford Crown Victoria. I would take better care of them.


V A L L E Y ELECTRALITE


The ElectraLite


June 2013


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