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HARMON ELECTRIC


www.harmonelectric.com October, 2013


How We’re Special


Celebrating National Cooperative Month By Magen Howard


Every October since 1930, not-for-profi t cooperatives of all


kinds have recognized National Cooperative Month as a way to appreciate their many members and to educate the public about how co-ops work. This year, Harmon Electric highlights the notions that guide all co-ops: the seven cooperative principles. These notions lead electric cooperatives like Harmon Electric to do business in a better way every single day. Here are real-life examples of how the principles affect your cooperative.


No. 1: Voluntary and Open Membership Co-ops are open to anyone who is able to use its services,


which means any person who moves onto Harmon Electric lines is allowed membership.


No. 2: Democratic Member Control Every year on the fi rst friday in April, Harmon Electric


convenes for its annual membership meeting where members get to know the people who run their co-op. Members are also updated on business matters at the meeting. “Democratic member control” means members vote for a director who represents them on a board, which governs the cooperative. Annual meetings serve as the forum for electing these directors.


No. 3: Members’ Economic Participation Because electric cooperatives are owned by its members,


they do not create profi ts for distant shareholders. Any excess revenue—called “margins”—is allocated back to the membership in the form of capital credits. Nationally, electric cooperatives have retired $11 billion in capital credits since 1988--$768 million in 2012 alone. 450200


No. 4: Autonomy and Independence Electric cooperatives form a vast network across America.


. In This Issue: How We’re Special..............................................................1 From The Desk of Charles Paxton....................................2 Statement of Nondiscrimination...........................................2 We All Have A Job To Do........................................2 Take The Chill Out of Winter Bills.....................................3


They are found in 47 states, and cooperative-owned electric lines cover 42 percent of the nation’s land mass. “We work with our co-op neighbors, but Harmon Electric members are the sole governors of Harmon Electric,” Charles Paxton, general manager, explains. “Our member-elected board of directors approves policies and resolutions that inform the way we do business.”


No. 5: Education, Training, and Information Cooperatives have the responsibiliy to keep their members


informed—not just about cooperative business, but also about topics like energy effi ciency, safety, and community contribution. For example, The Harmon HiLites inserted in the monthly Oklahoma Living publication is one way Harmon Electric keeps its members up on relevant news. You can also stay informed by “liking” Harmon Electric on Facebook or by visiting our website at www.harmonelectric.com


No. 6: Cooperation Among Cooperatives Even though co-ops are independent entities, they still


rely on one another to share resources, information, and, in some cases, manpower. Electric co-ops have long relied on one another to get power restored more quickly after severe weather emergencies. When Harmon Electric needs extra hands after a major storm, co-ops from neighboring towns and states help out. And when neighboring co-ops need help, Harmon Electric sends crews to them, which gets power back on so much faster.


No. 7: Concern for Community While our fi rst priority is delivering safe, affordable,


reliable electricity to those we serve, Harmon Electric also feels strongly about supporting and contributing to the development of our communities.


Seventy-Fifth Anniversary 1938-2013 Hi Lites


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Protect Your Home From Electrical Fires.......................3 Classifi ed Ads...................................................................4 Recipe-French Vanilla Cappuccino Mix..........................4 Hidden Account Number Worth $10.00..........................4


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