YEC invests in the future of your co-op through system upgrades. This month, I’m going to reach back to my engineering roots to discuss many state-of-the-art improvements your co-op has made to our distribution system. In this issue, you will find detailed information about upgrades and their benefits to you.
As you know, we are always looking out for you, which means we want to make sure your lights come on and stay on. We strive to provide excellent service day to day, but it is imperative for your co-op to plan ahead in order to carry this mission into the future. From 2018 through the rest of this year, an investment of more than $19.5 million will be spent improving our distribution system and another $5.9 million will be put towards maintenance. While some of these updates were necessary because of growth, others were to improve technology, increase reliability, and to make our grid smarter, enabling us to identify and isolate outages as they occur.
We realize this is a large amount of money. While this includes dollars we spend yearly in right of way maintenance, it does not include our large ongoing project to bury overhead lines that are hard to reach in outage situations. As your co-op, our job is to power your life. This price tag sets us up for success to continue providing reliable, safe, affordable energy for years to come. Thank you for trusting us to serve you. We aim to continue improving while staying true to our mission of always putting our members first.
President and Chief Executive Officer