Rooted in service

York Electric CEO Craig Spencer sits for a photo
Craig Spencer

As we cel­e­brate 85 years of ser­vice to our mem­bers, our mis­sion to serve our com­mu­ni­ty remains as strong as it was at the co-op’s found­ing.

York Elec­tric is more than just a util­i­ty. We’re your neigh­bors, your friends and your fel­low mem­bers. And as a coop­er­a­tive, we’re owned by you. That means every­thing we do is ground­ed in a shared respon­si­bil­i­ty to look out for one anoth­er.

No mat­ter how long you’ve been with York Elec­tric, that com­mit­ment to you stays the same.

In 2025, our team con­tin­ued to deliv­er on that com­mit­ment. We answered more than 80,000 phone calls, com­plet­ed thou­sands of con­struc­tion and ser­vice jobs, main­tained and strength­ened our sys­tem and respond­ed when our mem­bers need­ed us most— as your elec­tric provider and your com­mu­ni­ty part­ner.

We also kept our focus on the future. In 2025, we installed more than 15,000 enhanced meters, giv­ing mem­bers bet­ter insight into their ener­gy use and more con­trol over their month­ly bills. In 2026, we plan to install an addi­tion­al 20,000 of these meters. We’ve made progress on sys­tem upgrades to keep your pow­er reli­able, such as com­plet­ing our Spring­maid and Banks Street sub­sta­tions in the Fort Mill area, as well as bury­ing more than four miles of pow­er­lines in hard-to-reach areas. Instead of using out­side con­trac­tors, we’re now han­dling all under­ground util­i­ty locating—the process of mark­ing where pow­er lines run before dig­ging takes place. This improves accu­ra­cy and effi­cien­cy while sav­ing our mem­bers mon­ey.

We also know afford­abil­i­ty con­tin­ues to be top of mind. The cost of elec­tric­i­ty, like every­thing else, has gone up. Today, about 72 cents of every dol­lar you pay goes toward the cost of whole­sale pow­er, our largest expense.

As a not-for-prof­it coop­er­a­tive, we don’t prof­it when you pay more on your bill. We are owned by you, and our job is to pro­vide safe, reli­able pow­er at the low­est pos­si­ble cost. We oper­ate effi­cient­ly, make care­ful finan­cial deci­sions and work with oth­er coop­er­a­tives to get the best pos­si­ble val­ue for pow­er and mate­ri­als.

We can’t con­trol every cost, but we can con­trol how we respond. And we’re com­mit­ted to mak­ing the most of every dol­lar and doing every­thing we can to lim­it the impact on our mem­bers.

Even in a chal­leng­ing envi­ron­ment, York Elec­tric remains strong. This year, we will return $2.8 mil­lion in cap­i­tal cred­its to our mem­bers. That’s one of the ways we make sure the val­ue of co-op mem­ber­ship comes back to you.

Of course, none of this would be pos­si­ble with­out our employ­ees and Board of Trustees. Their ded­i­ca­tion to safe­ty, ser­vice and good gov­er­nance is what pow­ers this orga­ni­za­tion. They take pride in their work, and it is reflect­ed in the way they serve this com­mu­ni­ty every day.

That same spir­it car­ries beyond the grid. Through Oper­a­tion Round Up and oth­er com­mu­ni­ty efforts, we con­tin­ue to sup­port local fam­i­lies, schools and orga­ni­za­tions, strength­en­ing the com­mu­ni­ties we serve.

As we look ahead, we do so with con­fi­dence. Thank you for your trust in York Elec­tric Coop­er­a­tive.

This image features a handwritten signature with the name "Greg Spencer," presented in cursive writing on a white background.
Craig Spencer
Pres­i­dent and Chief Exec­u­tive Offi­cer

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