York Electric Cooperative is proud of its accomplishments during 2013 and we are building on those successes in 2014. Our number one priority continues to be to provide you, our members, with reliable, safe and affordable energy.
York Electric’s directors are determined to continue to support policies and actions that will result in the delivery of quality service to you as we embrace the opportunities and confront the challenges that lie ahead.
One of YEC’s top priorities is to keep its employees and the public safe as it maintains, expands and improves its electrical system. Your cooperative’s workforce completed 2013 with an impressive safety record. YEC’s employees have worked without any lost-time accidents or injuries since 2004.
Advanced Metering Infrastructure (AMI)
YEC expanded its AMI efforts to 25% of its service area. This technology improves outage notification and the restoration process. It also provides additional metering data to better assist members with billing and service questions and gives YEC the capability to provide members with valuable usage information such as consumption patterns, outage history and voltage information.
Power Saver Rewards
Power Saver Rewards (load management) is now available to 90 percent of YEC’s membership. Participating members allow YEC to install a device on their air conditioner/heat pump to reduce their cooperative’s load at peak times. By doing so, members receive a credit on their power bill. This system helps YEC reduce the cost of power, and it helps keep all members’ bills lower.
YEC’s Co-op Connections program continues to save members money! The card offers discounts from local, regional and national merchants, and in 2013 saved YEC’s members approximately $200,000 on prescriptions alone. The card also offers members significant savings on lab and imaging services, chiropractic, dental, vision and hearing care.
Thanks to YEC’s members who participate in the Operation Round Up program, a lot of good things happened in our community. $136,000 was given to families facing emergency situations and local non-profit charities. Members who support Operation Round Up have donated more than $1.8 million since 2000.
YEC awarded more scholarships. Ten $1,000 Touchstone Energy scholarships were offered to high school seniors and two $500 scholarships to students attending York Technical College.
YEC offered a mobile app which allows members to see their account information, pay their bill and sign up for alerts on their mobile device and more.
One of the many benefits of being a member of YEC involves the allocation of excess revenue, called margins, in the form of capital credits. Your cooperative operates at cost-collecting enough revenue to run and expand the cooperative but with no need to raise rates to generate profits for distant shareholders. When YEC’s financial position permits, it retires, or pays, the capital credits to members in cash or as a bill credit. In 2013, YEC returned $800,000 to members who received service during 1989, 1990 and 2011.
YEC’s members who purchase renewable Green Power can be especially proud: Clover Middle School became York Electric’s second local Green Power Solar School, joining Springfield Middle School. YEC developed an overall electric vehicle plan that includes beta sites for in-home chargers and special electric rates to encourage vehicle charging on non-peak times. A new section was added to your cooperative’s website focusing on alternative forms of energy and renewables.
In 2013, YEC’s active accounts increased by 3% for a total of 46,521.
Silcotech North America Inc., a manufacturer of silicone components, announced that it is coming to YEC’s East York Industrial Park. The company will invest $3.5 million in an injection molding plant that will employ as many as 50 people in three to five years. The planned 18,000–square–foot facility is expected to be operating by July 2014. YEC also assisted with the location of Shuttefly, Inc. to York County. Shutterfly, the on-line photo book company, moved into the former United American Video building in Fort Mill. Power reliability is crucial to the film processing and printing industry and YEC is proud to add this company to its growing list of large commercial and industrial accounts. The company began operating this summer and employs more than 300 in its 300,000 square foot facility.
Serving large industrial members helps YEC hold down the cost of service for all co-op members.
YEC will continue to make safety its number one priority by keeping its employees and the public safe as we maintain its electrical system.
Advanced Metering Infrastructure (AMI)
Expand AMI technology implementation to 35% of YEC’s system and offer Power Saver Rewards (load management) Program to all members.
In an effort to promote Green Power, YEC will work with Santee Cooper to have a solar generating facility constructed at its Fort Mill office located on Highway 21. YEC will develop a solar implementation plan that will assist its members who want to pursue renewable generation options.
YEC will continue to improve its right-of-way maintenance efforts and will strive to maintain its goal of a 60-minute response time to the scene of an outage except during system-wide outages. And, to improve the level of service during outages, a new outage management system will be implemented and updates pertaining to outages will be posted on YEC’s website and Facebook page.
YEC will participate in a K-8 energy-focused education initiative program called enLIGHTenSC. The program was created to give students a more complete understanding of energy, economics, and related environmental issues to help ensure that lessons about energy become an integral part of each student’s educational experience. At present, enLIGHTenSC includes teacher training opportunities, a website (www.enlightenSC.org) with instructional and other resources, and a set of age-appropriate lesson plans written to existing state standards for science, technology, engineering, and mathematics (STEM). Future plans call for creation of a state-wide student energy competition.
President and Chief Executive Officer
Charles R. (Dick) Burrell