OEC Foundation awards $43,000

The OEC Foundation, Inc. board of directors met Dec. 5 to review applications for assistance via the Operation Round Up® program. It approved over $43,500 in grants to local organizations and families.

The board awarded $10,000 each to the Citizens Advisory Board's Secret Santa program and the Maguire Community Foundation's Burn Closet, as well as $3,000 each to Bridge Creek School, Grady County Fire Department's Ninnekah Station and McClain County Foster Children CARE.

Rate Adjustment Takes Effect January 1st

A recent cost of service study revealed a wide gap between OEC’s true fixed costs and our rates’ fixed costs. As a result, the service availability charge will increase from 75¢ to 83¢ per day, effective Jan. 1, 2018.

“According to that same cost of service study, our service availability charge should be $53 per month – or about $1.77 per day,” said Patrick Grace, CEO. “Currently, that charge is 75¢. When the increase takes effect, it will be 83¢, which is still less than half what it should be.”

WHAT ARE FIXED COSTS?

Employees complete leadership training

Twenty OEC employees recently completed the Employee Development and Leadership Program, a program intended to motivate employees to develop a knowledge base of all facets of the co-op, not just the areas in which they work on a daily basis. Spanning two years, the program consisted of classroom courses, the reading of leadership and development books, job shadowing, volunteer work, touring other cooperatives, giving a presentation and more.

OEC Foundation partners with Operation School Bell

The OEC Foundation, Inc. over the past 15 years has donated over $140,000 to the Assistance League of Norman (ALN) for its Operation School Bell program. The tradition continued in October when the Foundation's board of directors granted $10,000 to the organization."We are proud to support such a generous cause in the community," said Joyce Wallace, OEC Foundation board president.

From the Top, CEO Patrick Grace

I hope your holiday season has gotten off to a great start. As our annual events wind down at OEC, we've been looking ahead to next year and working hard to ensure we're constantly improving our members' quality of life through the safe delivery of highly reliable, reasonably priced electric service, innovative energy programs and exceptional member service. In order to do that, we have tweaked the 2018 residential and small commercial rate. Beginning Jan. 1, the service availability charge (SAC) is increasing from 75¢ per day to 83¢ per day.

OEC publications claim five statewide awards

The Co-op News member magazine, Watts Watt employee magazine and other member communication pieces won statewide awards in the 2017 Oklahoma Communications Contest, hosted by Oklahoma Living magazine. 

OEC received Awards of Excellence for Best Layout and Design for the Co-op News, Best Internal Newsletter and Best Annual Report. The newly reimagined new member packet  and promotion of OEC’s 80th Annual Meeting and Member Appreciation Night received Awards of Merit for Best Creative Communications Piece and Best Marketing Campaign, respectively.

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