Power costs expected to remain stable, annual meeting crowd told
JUST 18 WORDS IN THE CEO REPORT contained the best news of the day at Laurens Electric Cooperative’s 2010 annual meeting June 5.
“The cost of power remained constant last year, and should continue to stay level in the coming year,” said J. David Wasson Jr. The CEO also told members the co-op has taken advantage of the economic slowdown to make system improvements that should “greatly improve service reliability for you.”
The co-op registered 2,309 members in attendance. The members re-elected Joe Nicholson, William (Bill) Hendrix and Chairman Lewis Harrison to their board.
Wasson added, “In these difficult economic times, everyone here at the co-op is focused on tightening our belts and working hard to keep your electric service reliable and your costs as low as possible.”
In his comments, Harrison praised LEC management and employees for reducing operating costs by $750,000 last year. Harrison also thanked Mike Couick, president of state association of electric co-ops, for leadership at the state and national level for advancing proposals to promote home energy efficiency.
Harrison noted, “As a not-for-profit, member-owned electric cooperative we want to make certain that every cooperative member continues to receive affordable electric power. The most immediate way to achieve that goal is through energy efficiency and conservation.” He suggested members access the co-op website and read South Carolina Living regularly for energy-saving advice.
See the booklet 101 Easy Ways to Save Energy and Money in the center of this month’s magazine.
