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 $50 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
October is National Cooperative Month, and we love celebrating all that makes us and the thousands of other cooperatives unique. One of the most distinctive differences between a co-op and an investor-owned business is the fact that co-ops are not-for-profit entities that operate at-cost. When profits are made above operating costs, we distribute those margins back to the consumer-members, not investors. What we refer to as "capital credits" represent these margins. In October, virtually every member who purchased electricity in 2008 will receive a check in the mail from OEC. You will find more information about capital credits along with the check, or you can visit www.okcoop.org to learn more. But the value of being part of a co-op doesn't lie solely in its financial health. It's true that no one benefits financially from a co-op business, so there are no profits or motivation for profits. What we hang our hats on is our dedication to quality, service and safety. You — our member-consumers — are why we are in business and who we are in business to serve. This is shown through our commitment to our communities, our focus on providing reliable electric service, our transparency and, most recently, our relentless effort to provide you with high-speed, affordable internet service. You are more to us at OEC than just a customer. We hope you know that, as your trusted energy advisor, we strive to improve your quality of life through the safe delivery of highly reliable, reasonably priced electric service, innovative energy programs and exceptional member service.
