80th Annual Meeting Held
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For Immediate Release:
Friday, June 16, 2017
Members of Menard Electric Cooperative Attend 80th Annual Meeting
More than 380 registered members and their families, numbering nearly 800 in total, attended Menard Electric Cooperative’s 80th Annual Meeting on June 15th at PORTA High School in Petersburg. Before the business meeting, attendees enjoyed a grilled pork chop dinner, bucket truck rides, children’s activities, video presentations and visiting with co-op employees and directors.
In a report to members Board President Jay Frye spoke of the co-op’s financial stability, noting that 2016 margins totaled $2,150,679. Those margins are allocated to members as capital credits based on their electric usage. Capital credits are unique to electric cooperatives and Frye said, “we are consistently among the leaders of Illinois’ co-ops in paying out these credits, having returned more than $9.1 million in the co-op’s 80-year history.”
Approximately $400,000 in capital credits for the year 1993 and a portion of 1994 were returned to members last month.
Frye also credited the co-op’s success to its dedicated staff. He reported that on a recent American Consumer Satisfaction Index (ACSI) customer survey the co-op earned a score of 85, its highest yet, which is 10 points higher than the average for municipal and investor-owned utilities. The co-op scored highest in three areas: knowledgeable employees, excellent customer service, and prompt response to outages.
Giving her first report as General Manager, Alisha Anker introduced herself to members and covered a few highlights of the co-op’s activities last year. She described upgrades to substations that will ensure adequate capacity, reliable voltage levels, and continued system reliability; as well as IT and cyber security services in the office that modernized communications and ensured the co-op could continue operations in the event of a disaster at the office.
Anker also discussed installation of a centralized Supervisory Control and Data Acquisition System (SCADA) that enables the co-op to securely and remotely control and collect data from facilities in the field. “Accurate real-time information such as voltage, power factor, and demand are essential to reliable operations,” she said.
In closing Anker remarked, “This industry is about improving quality of life. I look forward to working on your behalf to enhance existing programs and develop new ones that will improve the quality of your lives.”
The co-op is governed by a Board of Directors made up of nine members elected from and by the membership to serve three-year terms. Directors Warren Goetsch of District 8, Mike Patrick of District 7 and Jodine Tate of District 3 ran unopposed and were re-elected by the members.
Menard Electric Cooperative is headquartered in Petersburg and serves more than 10,700 services over 2,590 miles of line in rural areas of Cass, Logan, Macon, Mason, Menard, Morgan, Sangamon and Tazewell counties. Menard Electric is an equal opportunity provider and employer.