Oklahoma Electric Co-op News July 2020

Page 2

Board of Trustees Percy Moreu, President District2Trustee@okcoop.org

District 2

Rusty Grissom, Vice President

3

Ronnie Tharp, Sec. Treasurer

9

Bob Usry, Asst. Sec. Treas.

8

Mike Argo

1

Ronnie Grover

4

Shirley Idleman

5

John Jensen

6

Danny Watters

7

District3Trustee@okcoop.org District9Trustee@okcoop.org District8Trustee@okcoop.org District1Trustee@okcoop.org District4Trustee@okcoop.org District5Trustee@okcoop.org District6Trustee@okcoop.org District7Trustee@okcoop.org

Oklahoma Electric Cooperative 242 24th Ave NW | PO Box 1208 Norman, OK, 73070 321-2024, FAX 405-217-6900 http://www.okcoop.org

Senior Management Co-op Manager...............................Patrick Grace Chief Financial Officer.........Preston O’Brien, CPA VP of Engineering...........................Thad Peterson VP of Operations...............................Marty Hayes VP of Administration...........................Jonna Buck VP of HR and Legal Services............Tracy Mowdy VP of Metering................................John Spencer VP of Information Technology.....David Goodspeed Oklahoma Electric Co-op News is published monthly by Oklahoma Electric Cooperative, 242 24th Ave. NW, Norman, OK 73069, (USPS865-700). Subscription rates: $6.00 per year for non-members, 50¢ per year for members. Periodical postage paid at Norman, OK and other additional mailing offices. POSTMASTER: Please send form 3579 to: Oklahoma Electric Co-op News, PO Box 1208, Norman, OK 73070.

Co-op News Editor Brianna Wall

Hidden Account Numbers Worth $150 Each month, OEC will pay $50 to the two co-op members who locate their hidden account numbers inside the Co-op News that month. The hidden account numbers will be placed at random within the text of each issue and not on the mailing label. The amounts will simultaneously increase in $50 increments until one or both account numbers are located by their respective owners or until the maximum of $500 is reached. 1. One of the hidden account numbers must be your own. 2. You must advise OEC by phone, mail or in person at the co-op’s office by the 15th of the month. If you find your account number call the Member Relations department at 217-6708.

FROM the

TOP Patrick Grace, CEO

As your neighbors and fellow community members, it is imperative that we do everything in our power to support you in this unprecedented time. For the health of the company, disconnects for non-payment will likely resume in July unless custom payment arrangements have been made. As always, we are here for you and will work with each and every person individually to ensure you and your family succeed past this pandemic. Please engage with us and let us know what assistance you need, so we can make the proper arrangements on our end. We are happy to help you any way we can. We like to also remind our members every summer of the money that can be saved by making changes to how you consume energy this time of year. But this year we have taken it a step further and curated different rate options that could help you find savings without making any changes in your home. We've had our time-of-use rate for about 10 years now, which is great for those actively seeking ways to lower their bills. If you shift your energy use during the hours when electricity costs more, you will naturally save money. We have learned, however, not everyone wants to monitor their consumption that closely. Ultimately, that led to the creation of several rates members can choose from based on your preferences and how you want to live. For those who don't want to worry about what time is best to start the laundry or programming air conditioners to run at specified times, we have the standard residential rate. It is simple and easy to understand. Now is a great time to change to that rate as it levels out your bills. While you might experience lower-than-normal summer bills after switching to the standard residential rate, your winter bills might be a little more expensive than you're used to. However, for most members, this rate saves money over the course of 12 months. While we call it our EV rate, this rate deeply reduces the cost of overnight electricity consumed, If you're able to shift a bulk of your energy use to the overnight hours, I recommend looking into this rate. We make it easy to see which rate is best for you. Simply visit www.okcoop.org/ rates and use the rate calculator to pull your home's data to find which rate is best for you. If you like the rate you're currently paying, be sure to get an HVAC tune-up and change those air filters every quarter to ensure your home is efficiently circulating air. Stay safe this summer and we hope these rate options help keep more money in your pocket.


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