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Members Matter at York Electric, and we take pride in serving you well! There is a lot of excitement being generated at your co-op as we work together to plan a BIG day of service for you. All of us here hope you'll join us on Saturday, May 12, for our 77th Annual Meeting at our York office.
President and Chief Executive Officer
We've already reserved a $15 electric bill credit for members who attend and register during the Annual Meeting between the hours of 8:30 a.m. and noon. The event will be rewarding and fun. It's also a great example of the power of community and gives us the opportunity to get to know you better. The April edition of South Carolina Living is full of information pertaining to our Annual Meeting. We want members to be prepared for the event and hope you'll take the time to look through York Electric's pages in the magazine to learn all about the festivities.
Pitch-in and win
One of York Electric's core values is commitment to community. We constantly look for ways to improve the quality of life for others. Our Annual Meeting provides a perfect opportunity to do so, but we need your help to make it possible. We're going to help PATH, and you CAN, too! Every member who brings canned food to benefit PATH, Inc., will be entered into a drawing for a $100 electric bill credit. The drawing will be held on Monday, May 14, and the winner will be notified by phone. Visit pathyork.org to learn about PATH's outreach and to see a listing of the items they need the most.
We look forward to gathering with you–members of the co-op family–to catch up, hear what you have to say and enjoy some good fellowship. I also want to thank you in advance for making your co-op's canned food drive for PATH a huge success.
Paul Basha
President and Chief Executive Officer
Candidates for trustees for 2018 election
The following members of the cooperative are candidates for trustees to be voted on during the Annual Meeting by acclamation for a three-year term, beginning May 2018.
District 3
Richard M. Roach
4150 Mockingbird Lane
Rock Hill, SC 29730
District 4
Paul D. Poston
4987 York Highway
Rock Hill, SC 29730
District 8
Tommie Bratton
1551 Sawmill Road
Hickory Grove, SC 29717
[PDF] YEC Bylaws
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Annual Meeting FAQ
Is drive-thru registration an option this year?
Yes, drive-thru registration is available from 8:30 A.M. until noon. Members who register through the drive-thru will receive the $15 power bill credit and will be entered into a single drawing for a $500 Electric Bill Credit but are not eligible for the door and grand prize drawings. The drawing will be held after the business meeting and the winner will be notified by phone on Monday, May 14. See the map to locate the drive-thru. Members MUST bring a valid photo ID to register. Also, please bring your registration postcard.
ONLY members NOT planning to participate in any of the Annual Meeting festivities, including food purchases, children’s activities, overall entertainment and business meeting, should plan to utilize the drive-thru registration. Also, parking will not be an option for those who register at the drive-thru.
Where are the door prizes given away and do I have to be present to win?
All prizes will be given away directly after the business meeting. The approximate time is 12:45 p.m. Members do not have to be present to win the first half of the door prize drawings, but MUST be present in order to win the second half and grand prize drawings. Members who register in the Drive-Thru are not eligible for the door and grand prize drawings.
What is the Annual Meeting and why should I attend?
The Annual Meeting is a meeting of YEC’s members and a special occasion for members to participate in cooperative business and meet their cooperative leaders and employees. It’s a family affair with a festival atmosphere; the event flourishes with a wide array of activities. Music will fill the air as children explore their way through an inflatable obstacle course and race down a 22 foot dual slide. The aroma of popcorn will entice you to visit the participating food vendors to see what food options they have for you to purchase. Each member who is present and registers receives a registration gift and will be eligible to win door prizes. Most importantly, members can exercise their cooperative right to vote in the election for seats on the cooperative’s Board of Trustees. During the business meeting, the President and CEO will inform members of current events and share important information pertaining to the cooperative. YEC’s bylaws require an Annual Meeting to be held.
When is the Annual Meeting held and how will I be notified?
The Annual Meeting is Saturday, May 12, 2018. Members receive a registration postcard in the mail the last week in April. Members are also notified through the South Carolina Living magazine.
Where and what time is the meeting held?
The meeting is held at YEC’s main office. The address is 1385 East Alexander Love Highway in York, SC. Registration begins at 8:30 a.m. and concludes at noon. The business meeting begins at noon and ends at approximately 12:45 p.m, Saturday, May 12, 2018.
What is the registration gift for 2018?
The 2018 registration gift is a $15 power bill credit. The registration gift is offered as an incentive to encourage members to attend the Annual Meeting, May 12, 2018; therefore, the registration gift is ONLY available to those members who are present. This applies to members who have health-related illnesses or emergency situations. Members who attend are not allowed to register their friends and neighbors by bringing their registration cards.
Can I receive the registration gift if I can’t come?
The registration gift is offered as an incentive to encourage members to attend the Annual Meeting; therefore, the registration gift is ONLY available to those members who are present. This applies to members who have health related illnesses or emergency situations. Members who attend are not allowed to register their friends and neighbors by bringing their registration cards.
How do I register and vote?
In order to register and vote, you must bring a valid photo ID. It is also important for you to bring your registration postcard because it has a barcode, with information pertaining to your YEC membership, printed on it. The barcode is scanned and this process minimizes the wait in the registration lines. If you do not bring your postcard, your membership information will have to be verified on the computer and a registration postcard will be prepared for you. Once your postcard is scanned you are registered.
Who are the candidates running for the 2018 Board of Trustees election?
The candidates running for the Board will be published in April’s issue of the South Carolina Living magazine.
How do I enter the door prize drawing?
Once you are registered you are automatically eligible to win a door prize. Your door prize tickets are attached to your registration postcard and will be removed during the registration process. At the end of the registration line, you will drop one of your door prize tickets into the prize collection box. You will keep the other portion so you will be able to know whether or not you are a winner when the door prize ticket numbers are called.
When are the door prizes given away?
All prizes will be given away directly after the business meeting. The approximate time is 12:45 p.m.
Will the Annual Meeting be held if it rains?
The Annual Meeting will be held rain or shine. If there is a threat of a major storm, a decision will be made the Friday before the meeting. If it is necessary to cancel the Annual Meeting, an announcement will be made and a message will be posted to the homepage of our website.
What do I need to do if I am handicapped?
Please make sure your handicapped placard is visible from your automobile. You will be directed to the handicapped parking area and a shuttle will pick you up and take you to the registration lines.
What activities will be available for children?
Every child 12 years old and under who registers will receive a gift. They will be able to explore the inflatable obstacle course and race down a 22 foot dual slide. Cotton candy, snow cones, candy apples, popcorn, etc. will be available for purchase through TC’s Shaved Ice. At noon, during the business meeting, a safety demonstration will be held.
How can I make sure I get to purchase 25-cent hot dogs this year? Last year they sold out.
A total of 8,000 hot dogs will be prepared. YEC encourages members to purchase hot dogs early. Your cooperative plans for the hot dogs to be sold out every year so there is no waste.
The 77th Annual Meeting of the Members of York Electric Cooperative will be held Saturday, May 12, at YEC's main office, located at 1385 East Alexander Love Highway in York.
Registration for the Annual Meeting will begin at 8:30 a.m., followed by the business meeting at noon. Action will be taken on the following matters:
- The report of officers, trustees and committees
- The election of trustees by acclamation
- All other business which may come before the meeting
Members are encouraged to attend the Annual Meeting and MUST bring a valid photo ID and their registration postcard, which will be mailed at the end of this month. Members who need accommodations due to physical impairment are asked to contact YEC in advance at (803) 684-4248. During the business meeting, an interpreter for the hearing impaired will be provided. Also, please note that backpacks are subject to inspection by law enforcement while on-site at the Annual Meeting.
Your cooperative's audited financial report will be available at the Annual Meeting and during the week of the Annual Meeting at YEC's offices.
Each member registering will receive a $15 credit on his or her electric bill, limit one per membership. The credit will be applied to your bill dated June 2018.
Drive-thru registration
YEC will offer the drive-thru registration option again this year as an added convenience for members.
Members who would like to utilize the drive-thru registration will receive the registration gift, which is a $15 electric bill credit and be entered into a drawing for a $500 electric bill credit. However, these members will not be eligible for the door prizes and grand-prize drawings. See the YEC News EXTRA section on pages 24 A-C of April's South Carolina Living magazine for more information.
If you have any questions about the event, please contact our member services department at (803) 684-4248.
I look forward to connecting with you and your family on Saturday, May 12.
Annual Meeting Reminders
- ALL members MUST bring a valid photo ID to register. Also, look for your registration postcard to arrive in the mail the first week of May and make sure to bring it with you to the Annual Meeting.
- ONLY members NOT planning to participate in any of the Annual Meeting festivities, including food purchases, children's activities, overall entertainment and business meeting should plan to utilize the drive-thru registration. Also, parking will not be an option for those who register at the drive-thru. Members who use drive-thru registration will receive a $15 electric bill credit and will be entered into a drawing for a $500 electric bill credit. However, these members will NOT be eligible for the door prizes and grand-prize drawings.
- Prize drawings will be held immediately following the business meeting. Members do not have to be present to win the first half of the door-prize drawings but MUST be present to win the second-half and grand-prize drawings.
- If you have questions, check out the Annual Meeting FAQ below or call (803) 684-4248.
Annual Meeting FAQ
Is drive-thru registration an option this year?
Yes, drive-thru registration is available from 8:30 A.M. until noon. Members who register through the drive-thru will receive the $15 power bill credit and will be entered into a single drawing for a $500 Electric Bill Credit but are not eligible for the door and grand prize drawings. The drawing will be held after the business meeting and the winner will be notified by phone on Monday, May 14. See the map to locate the drive-thru. Members MUST bring a valid photo ID to register. Also, please bring your registration postcard.
ONLY members NOT planning to participate in any of the Annual Meeting festivities, including food purchases, children’s activities, overall entertainment and business meeting, should plan to utilize the drive-thru registration. Also, parking will not be an option for those who register at the drive-thru.
Where are the door prizes given away and do I have to be present to win?
All prizes will be given away directly after the business meeting. The approximate time is 12:45 p.m. Members do not have to be present to win the first half of the door prize drawings, but MUST be present in order to win the second half and grand prize drawings. Members who register in the Drive-Thru are not eligible for the door and grand prize drawings.
What is the Annual Meeting and why should I attend?
The Annual Meeting is a meeting of YEC’s members and a special occasion for members to participate in cooperative business and meet their cooperative leaders and employees. It’s a family affair with a festival atmosphere; the event flourishes with a wide array of activities. Music will fill the air as children explore their way through an inflatable obstacle course and race down a 22 foot dual slide. The aroma of popcorn will entice you to visit the participating food vendors to see what food options they have for you to purchase. Each member who is present and registers receives a registration gift and will be eligible to win door prizes. Most importantly, members can exercise their cooperative right to vote in the election for seats on the cooperative’s Board of Trustees. During the business meeting, the President and CEO will inform members of current events and share important information pertaining to the cooperative. YEC’s bylaws require an Annual Meeting to be held.
When is the Annual Meeting held and how will I be notified?
The Annual Meeting is Saturday, May 12, 2018. Members receive a registration postcard in the mail the last week in April. Members are also notified through the South Carolina Living magazine.
Where and what time is the meeting held?
The meeting is held at YEC’s main office. The address is 1385 East Alexander Love Highway in York, SC. Registration begins at 8:30 a.m. and concludes at noon. The business meeting begins at noon and ends at approximately 12:45 p.m, Saturday, May 12, 2018.
What is the registration gift for 2018?
The 2018 registration gift is a $15 power bill credit. The registration gift is offered as an incentive to encourage members to attend the Annual Meeting, May 12, 2018; therefore, the registration gift is ONLY available to those members who are present. This applies to members who have health-related illnesses or emergency situations. Members who attend are not allowed to register their friends and neighbors by bringing their registration cards.
Can I receive the registration gift if I can’t come?
The registration gift is offered as an incentive to encourage members to attend the Annual Meeting; therefore, the registration gift is ONLY available to those members who are present. This applies to members who have health related illnesses or emergency situations. Members who attend are not allowed to register their friends and neighbors by bringing their registration cards.
How do I register and vote?
In order to register and vote, you must bring a valid photo ID. It is also important for you to bring your registration postcard because it has a barcode, with information pertaining to your YEC membership, printed on it. The barcode is scanned and this process minimizes the wait in the registration lines. If you do not bring your postcard, your membership information will have to be verified on the computer and a registration postcard will be prepared for you. Once your postcard is scanned you are registered.
Who are the candidates running for the 2018 Board of Trustees election?
The candidates running for the Board will be published in April’s issue of the South Carolina Living magazine.
How do I enter the door prize drawing?
Once you are registered you are automatically eligible to win a door prize. Your door prize tickets are attached to your registration postcard and will be removed during the registration process. At the end of the registration line, you will drop one of your door prize tickets into the prize collection box. You will keep the other portion so you will be able to know whether or not you are a winner when the door prize ticket numbers are called.
When are the door prizes given away?
All prizes will be given away directly after the business meeting. The approximate time is 12:45 p.m.
Will the Annual Meeting be held if it rains?
The Annual Meeting will be held rain or shine. If there is a threat of a major storm, a decision will be made the Friday before the meeting. If it is necessary to cancel the Annual Meeting, an announcement will be made and a message will be posted to the homepage of our website.
What do I need to do if I am handicapped?
Please make sure your handicapped placard is visible from your automobile. You will be directed to the handicapped parking area and a shuttle will pick you up and take you to the registration lines.
What activities will be available for children?
Every child 12 years old and under who registers will receive a gift. They will be able to explore the inflatable obstacle course and race down a 22 foot dual slide. Cotton candy, snow cones, candy apples, popcorn, etc. will be available for purchase through TC’s Shaved Ice. At noon, during the business meeting, a safety demonstration will be held.
How can I make sure I get to purchase 25-cent hot dogs this year? Last year they sold out.
A total of 8,000 hot dogs will be prepared. YEC encourages members to purchase hot dogs early. Your cooperative plans for the hot dogs to be sold out every year so there is no waste.
Largest Amount Ever in 77 Years!
York Electric is giving money back to its members again this year. As a not-for-profit utility, York Electric returns revenues that exceed operating costs to members as Capital Credits. In May, your cooperative will retire $1.4 million to people who were members during 1994, 1995, 1996 and 2016.
Returning capital credits is another way York Electric is looking out for you.
In May, we will return $1.4 million to members who received service in 1994, 1995, 1996 & 2016. Members will receive Capital Credit checks in the mail unless the amount due to them is less than $15. If the member's refund is less than $15, the amount will be printed on the utility bill statement as a line item credit. The amount of Capital Credits returned is determined by margins and your total energy billings for the years listed above. Questions? Call (803) 684-4248.
Capital Credits FAQ
As members of YEC, do we build equity in the co-op, and if we leave the area do we get a payout?
Capital Credits are a benefit of membership in a member-owned utility. Each year, YEC uses the revenues that exceed operating costs as equity. These funds and borrowed capital allow YEC to serve a growing number of members while implementing the latest technology to provide the best possible service. As a not-for-profit utility, YEC later returns these revenues to the members who originally paid them in his/her electric bills.
Each year, our members receive Capital Credit checks. Members will receive Capital Credit checks in the mail unless the amount due to them is less than $15. If the member’s refund is less than $15, the amount will be distributed and printed on their utility billing statement as a line item credit. The amount of Capital Credits returned is determined by total revenues received over expenses for the cooperative and your total energy billings for the year. They are paid periodically with board approval after review of YEC’s financial status.
If you leave YEC’s service area, your Capital Credits remain in your name and member number until they are retired. Therefore, you need to make sure YEC has your current mailing address.
What are Capital Credits?
York Electric is a cooperative. A cooperative is owned by its members and does not technically earn profits. Instead, any revenues over the cost of doing business are considered “margins”. These margins represent an interest free loan of operating capital by the membership of the cooperative. This capital allows York Electric to finance operations and, to a certain extent, construction. The utility then returns this capital to the members in later years.
How often will I receive an allocation notice?
You should receive an allocation notice each year after a financial audit of York Electric has been completed. During the month of May, members receive Capital Credit checks in the mail unless the amount due to them is less than $15. If the member’s refund is less than $15, the amount will be distributed and printed on their utility billing statement as a line item credit.
What do I have to do to start accumulating Capital Credits?
Capital Credits are calculated by York Electric for every member who purchased electricity during a year in which the utility earned margins. No special action is required to start a Capital Credit account. Your membership with York Electric activates your Capital Credit account.
How are Capital Credits calculated?
The amount of Capital Credits you earn in a given year is based upon the amount of electricity purchased. Each member receives a credit based on a percentage for each dollar of electricity purchased.
Will I receive a Capital Credits check every year?
Not necessarily. The board of trustees must authorize a refund before you receive a check. When considering a refund, the board analyzes the financial status of the cooperative and will not authorize a refund if it is not in the best interest of the membership.
Can I use the Capital Credits I have allocated to pay my electric bill?
No. Allocated Capital Credits may not be used to pay current bills. While your electric bill is due monthly, you will not be entitled to your Capital Credits until the board of trustees authorizes a refund. This will take place over many years, since York Electric needs the funds to grow.
What happens to the Capital Credits of members who die?
The representative of the estate can have the balance of Capital Credits transferred into the heir’s name and the balance will be paid out as the board of trustees approves refunds.
What happens to my Capital Credits when I leave York Electric’s service area?
Your Capital Credits remain in your name and member number until they are retired. You just need to ensure that York Electric has your current mailing address.
York Electric's Annual Meeting is one of the benefits of being part of an electric co-op. We are already hard at work planning this fun-filled day for you, our members. They've already reserved a $15 power bill credit for all members who register.
Kids will enjoy finding their way through the inflatable obstacle course, and all those attending will be entertained by the Carolina Rhythm Band. There will be lots of door prizes, too. You might even win a $1,000 power bill credit!
The meeting gives us the opportunity to get to know you better. Your role in YEC is essential! Please review the Annual Meeting bylaw excerpts pertaining to nominations of trustees and let us know if you have any questions.
Bylaw excerpts—Article IV Trustees, Section 4.06 Nominations
Not less than ninety (90) days prior to the meeting, nominations may be made by twenty-five (25) or more members of the cooperative in writing over their signatures on an explicit petition document listing their nominee(s) in like manner. This document must be obtained from the cooperative no more than one hundred twenty (120) days prior to the Annual Meeting and must be specific to each district. In addition to the required petition, candidates must attend a Board-developed educational program on Cooperative history, operations and governance not less than sixty (60) days prior to the next Annual Meeting, or have a minimum of three (3) years of service as an electric cooperative Trustee. The educational requirement will be offered at the Cooperative on two (2) specified dates prior to the Annual Meeting.
The Secretary shall mail to the members with the notice of the meeting, or separately, but at least ten (10) days prior to the date of the meeting, a complete statement of the names and addresses of all nominees for each Trustee District from or with respect to which one or more Trustees must be elected, showing clearly those who have completed the educational requirement and those who have completed a minimum of three (3) years of service as an electric cooperative Trustee.
The Secretary shall post in like manner such nominations at the Cooperative offices sixty (60) days prior to the next Annual Meeting.
Keeping your lights on is our priority at YEC. That's why we focus on providing you with the best–the best service at the best price by the best people. I'm a little biased, but our employees are the best at taking care of you. Our members are always first, even in the worst weather conditions. Our dedication to you is no small task. We are proud to say we have safely responded to more than 99 percent of outages in less than an hour and in doing so, won the 2017 safety award for the Electric Cooperatives of South Carolina. To work quickly and safely takes skill, focus, discipline and determination. These qualities are found in each of our linemen who work tirelessly to keep your lights on each day. We train for the worst, never taking the hazards of our work for granted. Our linemen are the heartbeat of YEC, and we can't thank them enough for their dedication.
To celebrate their accomplishments, we join other cooperatives to celebrate National Lineman Appreciation Day on April 18. If you would like to show your support, write to us on social media, #YECLinemenRock, to share your thoughts. You can even get your kids involved! All first-grade students are invited to participate in our annual Linemen Gear Up for Safety Coloring Contest, the deadline for entries is Friday, April 27. Download the coloring sheet and learn more about the first, second and third place winners.
In addition to the hard work from our linemen, I would also like to share a few system upgrades that have decreased outage numbers and improved restoration times. We have:
- Completed installations to update Tirzah substation and have started making additional improvements to our Lakeview and India Hook substations, increasing capacity and improving reliability.
- Maintained a true five-year rotation for right-of-way trimming.
- Installed animal guards on a large portion of our system to prevent outages.
President and Chief Executive Officer
Although we strive to keep your power on, sometimes outages are out of our control. To help you understand more about why outages occur, what we do to prevent them and our restoration process, check out our videos on social media where linemen share insight about outage situations. Empowering you about electricity not only keeps you safe, but knowledgeable about how your Cooperative is working for you.
Paul Basha
President and Chief Executive Officer
Our blood runs the co-op way
YEC employees give back with the gift of life. Together with a few public volunteers, your Cooperative collected 30 units of blood, which is enough to benefit up to 90 people in need. Interested in saving a life? Go to redcrossblood.org to find a drive near you!
Empowering our members is important at YEC so that you can use electricity the way in which you choose. We proudly serve our members, the owners of our co-op, providing unmatched dedication and skill to get the job done. Beyond the service provided by our dedicated employees, we want to be your trusted source for information about electricity and give you the knowledge to use power safely and conservatively. It's your power, it's your Cooperative. So, where does your electricity come from, anyway? Where does your power come from? »
Power Saver Rewards
Load Management Program: YEC members are now able to sign-up for the Power Saver Rewards program.
Community Solar
YEC constructs first solar farm in our area: YEC is shining the light for solar energy use in our area.
Beat the Peak
In 2017, YEC started a new Beat the Peak program, a free and voluntary effort to help control energy costs.
