From the Top with CEO Patrick Grace

I couldn’t be happier to announce that, after two years of canceled plans, our Annual Meeting and Member Appreciation Night is making its comeback in a few short months. Mark your calendars for Friday, Aug. 5, 2022, for a night of entertainment, prizes and family fun at the Lloyd Noble Center in Norman.

We are excited to be able to share an evening with you again after a long break, and I think you’ll be pleasantly surprised with how we’ve grown and evolved since we last met in 2019. The good news is everything should look the same as past Annual Meetings — our caterer will be back with some delicious barbecue, and we’ll have prizes, the Kids’ Zone, Innovation Expo, entertainment, the $1,000 grand prize and everything else you’ve become accustomed to over the years.

For those who are newer to OEC, we hope you will plan on joining us Aug. 5 to fully experience what it means to be a co-op member. From an area dedicated to kids’ activities and local robotics team demonstrations, to the Luck of the Draw $1,000 scholarship giveaways and more, we have fun lined up for the whole family.

Prior to the Annual Meeting and Member Appreciation Night, we will hold meetings in Districts 3, 5 and 7. We meet at those District Meetings in July with the purpose of electing board trustees to represent members in those districts. Members in those districts will receive special invitations in the weeks to come.

On another note, summer is upon us, and I encourage you to read about our three residential rate options on page 4. Now is the perfect time to switch rates (if you haven’t already switched within the last 12 months). You can view more information and switch rates by visiting www.okcoop.org/rates. Stay safe this month, and we will see you in August.

Annual Meeting & Member Appreciation Night Returns in August

After a two-year hiatus due to the COVID-19 pandemic and its resulting restrictions, we are busy planning the first Annual Meeting and Member Appreciation Night in three years. Set your calendar for Friday, Aug. 5, 2022, and plan on arriving no earlier than 4:30 p.m. at the Lloyd Noble Center in Norman.

Country music performer Jim Garling from Guthrie, Oklahoma, and American folk-rock band The Imaginaries, also from Oklahoma, will provide entertainment, while our traditional barbecue meal will be served. 

Members in attendance will receive a $20 electric credit for attending and will be entered to win one of dozens of prizes and giveaways. Resources and informational booths will be set up so members can learn about all of our programs and offerings, including OEC Fiber.

The Kids’ Zone will welcome kids of all ages for games, prizes and fun, as well! You will receive more information in the coming months about this annual member appreciation event. We will plan to see you there!

 

Are You on the Right Rate?

Exploring our rate options could save you money this summer

Summer is here, and soon your electric bill will reflect it. Now is the time to take a closer look at not just how much electricity you use, but how you use it, so you can be on the rate that keeps more money in your pocket.

Standard Residential Rate

The Standard Residential Rate is perfect for members who like simplicity and convenience and who use an average of 1,600 or more kilowatt hours (kWhs) per month. On this rate, all kWhs cost 9¢ year-round, with a break in the winter. Energy use greater than 1,000 kWhs is billed at 6¢ per kWh on January, February, March, April, May, November and December bills. This rate includes a daily $1.50 service availability charge. Learn more about this rate here and read on to learn more about the flat monthly charge.

Time of use rate

This rate is perfect for energy savers who are willing to modify behavior to maximize savings. It’s a more complex rate design, but energy-conscious members are able to take full advantage to see savings. Energy used between 3 and 7 p.m. on weekdays from June 1 through Aug. 31 (excluding July 4) costs 24¢ per kWh. All other kWhs are billed at 11¢ per kWh on June bills and 9.8688¢ on July, August and September bills. Kilowatt-hour costs range from 6¢ to 9.2752¢ per kWh on winter bills. 

The service availability charge for this rate is only $1 per day. Learn more about this rate here.

Electric vehicle rate

This rate is not only perfect for electric vehicle (EV) owners but those willing to divert energy consumption to evening and overnight hours. This simple year-round rate offers 9¢ per kWh between 5 a.m. and 9 p.m., and 5¢ per kWh between 9 p.m. and 5 a.m. Anyone able to shift energy use during those overnight hours should see savings.

This rate includes a daily $1.50 service availability charge. Learn more about the EV rate here.

Explore the rate options and switch rates at www.okcoop.org/rates. You may also switch rates right from your My OEC mobile app or by calling our Member Service team at 405-321-2024. Please note you may only change rates once in a 12-month period. Visit www.okcoop.org/rates for a full breakdown of each rate.

 

Unclaimed Capital Credits

Click here for a full list of members from 2009 set to receive capital credits

*The list is alphabetical by first name.

 

85th Anniversary Photo Contest

Enough “Unprecedented”

Written by Brittnee McCabe, Intern

I’m not sure about you, but I think we’ve lived through enough unprecedented events. I’m ready for the precedented times to return.

We are only a few weeks removed from the most recent unprecedented event: Millions being forced to be without power temporarily to avoid a catastrophic power system collapse across a 14-state area. While we’re grateful it didn’t come to that, I am truly sorry we had to experience it at all. 

It was a first for Oklahoma and the Southwest Power Pool, which directed generation and transmission providers to implement rolling blackouts. It’s been something we’ve read about but never had to endure. But the extreme stretch of record-setting cold weather put too many strains on an otherwise strong electrical system, and it called for extreme measures to help alleviate it.

While we tried our best to communicate as quickly as we could, the immediacy of the situation allowed only minutes for these adjustments to happen. Whether this event was in our control or not, I apologize if you were one who lost power. As your power provider, it is our job to ensure you always have power. It is not lost on us that the timing could not have been worse, as blackouts were occurring during the morning hours when temperatures were at their coldest. We will all certainly learn from yet another unprecedented event and put steps together to ensure we are fully prepared the next time something similar happens. Hopefully this is the only time in our lifetimes we have to experience something of this magnitude.

Unfortunately, we will all feel the effects of February’s events when we open our March bills. We are using some cash reserves we have in place specifically for events like this to absorb some of the blow, but the record-setting usage will almost certainly lead to electric bills quite a bit higher than normal. Please know we are prepared to work with each individual member to set up a flexible payment plan, if needed. We understand the magnitude of this event and its potential long-term effects, and we want to work with you, so please don’t hesitate to give our great member services team a call.

It’s still hard to believe we experienced rolling blackouts, and again, I apologize if you were forced to share in this experience as well. You can read more about this event on page 6. Here’s to better — and much warmer — times ahead.

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