More than 31 Years of Milestones

Special tribute to PEC’s longesttenured CEO, Randy Ethridge.
September 2016
Randy Ethridge, CEO and Executive Vice-President (1985-2016)
A newsletter for PEC’s electric consumers
More than 31 Years of Milestones
Ethridge ends a record-setting era as CEO and Executive Vice-President
I
n July 1985 when PEC’s Board of
Trustees hired Randy J. Ethridge
as General Manager, he arrived
prepared and ready to go to work.
A native of Stroud, Oklahoma,
Ethridge was chosen in 1969
as the first recipient of the
Oklahoma Association of Electric
Cooperative’s Manager-Trainee
Scholarship. During the college
Circa 1985, PEC’s CEO and
training program, he worked
Executive VP Randy Ethridge
at Verdigris Valley Electric
Cooperative, Collinsville; Central
Rural Electric Cooperative, Stillwater; and Western Farmers
Electric Cooperative, Anadarko.
411601102
Following his 1973 graduation from Oklahoma State
University with a Bachelor of Science degree in
Accounting, Ethridge joined Alfalfa Electric Cooperative
in Cherokee, Oklahoma, as Administrative Assistant. The
following year, at the age of 23, Ethridge became the
youngest rural electric general manager in the nation
which is an honor that he still holds 43 years later. He
remained there for twelve years prior to accepting the
position at PEC. Ethridge brought training and experience
in rural electric management to the Ada job that would
propel him for the work and subsequent success that lay
ahead for the co-op. His vision paved the way as the coop’s assets grew from approximately $26 million in 1986 to
more than $200 million today.
“Randy’s leadership and service for our cooperative
members has been tremendous,” said PEC’s Board
President Eldon Flinn. “His dedication to People’s Electric
and the entire electric cooperative network will certainly
be missed. We all wish him well in retirement.”
During his distinguished cooperative career, Ethridge has
served on numerous boards, including the National Rural
Electric Cooperative Association, CoBank, Central Area
Data Processing Board, Rural Enterprises of Oklahoma,
-- See Ethridge Retires, Page 2
1
Late 1980s: Became the first electric cooperative in Oklahoma to
pay off all loans from the Rural Electrification Administration (REA);
computerized billing and energy efficiency rebates arrived along
with a unique customer ID numbering system on all meter poles.
2
2000s: PEC headquarters located at 1130 W. Main in Ada were
sold to the Chickasaw Nation and Administrative Services and
Operations are brought back together at 1600 N. Country Club
Road in Ada; automated outage and payment systems evolved to
include World Wide Web bill presentment and payment tools.
1990s: Became the first electric cooperative in Oklahoma to
remotely monitor all substations with a Supervisory Control
and Data Acquisition (SCADA) system.
3
2010s: Adopted an all-steel pole construction program
while PEC’s assets increase to over $200 million.
People’s Powerline | September 2016
2
Annual Meeting of the Members
Ethridge Retires
Continued from page 1
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5
6
7
Numbered photos (from page 1 and above) Ethridge is pictured alongside 1) PEC Board of Trustees and staff during board meeting, circa 1986; 2) one of 10 men to organize PEC in
the late 1930s, Guy Binkley received a plaque at the 1985 Annual Meeting in recognition of his role as “Original Incorporator of PEC, May 24, 1937;” 3) Harold Hunter with the Rural
Electrification Administration (REA) received PEC’s outstanding loans payoff in 1987; 4) State Senator Dick Wilkerson (District 13, 1989-2003), 5) PEC’s Board of Trustees, circa 1987,
6) (l-r) PEC Board Trustees Eldon Flinn, Jack Lambert and Dr. Laurin Patton during the 2013 annual meeting; and 7) PEC Cashier (retired Director of Purchasing) Arvie Myers (left)
and former PEC General Manager (1978-1985) and retired Canadian Valley Electic Cooperative Manager George Hand (far right).
Tri-County Indian Nations Community Development
Corporation, and previously served as an alternate on
the Kansas Electric Cooperative’s Board of Directors.
Ethridge served as a Trustee of Western Farmers Electric
Cooperative from 1978 to 1983. He served over 40 years
on the Oklahoma Association REC’s Board of Trustees and
was the board president in 1998.
Locally, he was voted “Ada’s Coolest Boss” in the Ada News
1994 Readers Choice Awards, and for his outstanding
leadership in the creation of the Ada Area Community
Development Corporation in 1996, the Ada Area Chamber
of Commerce presented Ethridge their Leadership Award.
“I am grateful to have spent the majority of my lifetime
serving rural electric cooperative members and am
deeply honored to have had the opportunity to lead PEC
for the past 31 years,” said Ethridge. 632402100
Among Randy’s most proud achievements at PEC was the
REA loan payoff which netted PEC over $7 million in 1987
and the more recent Lease/Leaseback which improved
PEC’s financial position by over $13 million in 2004.
Incoming CEO Kevin Wood, who will take over the reigns
from Ethridge on September 1, reflected on Ethridge’s
distinguished career. “Randy has been a remarkable
leader and
mentor who
has been
responsible for
a great portion
of PEC’s success
over the years.
He leaves a big
September
set of shoes to
24
fill,” said Wood.
End PEC Day at
the Parade
Ethridge added,
“At PEC, we
always try to
honor God and
seek His wisdom
and that has
made all the
difference.”
Parade Start
Time:
2 PM
Ada Main
Street
PEC Day is Saturday, September 24
Watch for your annual meeting program arriving in the mail soon!
Your personal invitation to PEC’s 80th
Annual Meeting of the Members
should be arriving soon in your
mailbox. 742600401
This highly anticipated yearly event,
commonly referred to as “PEC Day,”
will be held at the Pontotoc County
Agri-Plex, located at the corner of J.A.
Richardson Loop and Broadway in Ada
on Saturday, September 24, 2016.
As soon as you receive your
program (shown at left), be sure
to keep it so you can present it to
registration workers at the meeting.
Your program will enter you in all of
this year’s prize drawings. You’ll also
need it to receive your portion of the
cooperative’s profits in the form of
capital credits. This year, approximately
$970,000 will be returned.
The first 3,000 members to register
will receive this year’s registration gift,
an 80th anniversary insulated tumbler.
A grand prize drawing for $1,000 will
be held at the end of the business
meeting, and you must be present to
win!
3
www.PeoplesElectric.coop | September 2016
CONCERN FOR COMMUNITY
23rd Annual Show
People’s Powerline is published monthly by
People's Electric
Cooperative
Murray County Antique Tractor and Implement Association
Pauls
Valley
To
Ada
19
177
Wynnewood
35
29
Tractor Rd.
Show
Grounds
Davis
7
P.O. Box 429
Ada, OK 74821
September
16, 17, 18
Business Hours
8 a.m. to 5 p.m. Monday-Friday
(877) 456-3031 or (580) 332-3031(Ada Area)
24 Hour Outage Reporting System
(877) 272-1500 or
(580) 272-1500 (Ada Area)
Sulphur
Website: www.PeoplesElectric.coop
IMPORTANT DATES
Bills mailed ........................................31st
Bills should be paid by the ......... 10th
Cutoffs made ................................... 20th
Also coming to PEC Day on September 24 . . . thank you PEC member J.J. McGill of Davis (pictured above)
and MCATIA for providing complimentary parking shuttle at PEC’s annual meetings since 2001.
For more
information call:
(580) 264-0500
(580) 622-6611
(580) 369-8362
7 miles north of Sulphur on Hwy 177, then 3/4 mile east on Tractor Rd.
MCATIA will be hosting exciting and educational events for the whole family! Gates will
open at 7:30 each morning. Throughout these fun-filled days, attendees will be able to
experience wheat threshing, hay baling, corn shelling, tractor games, arts and crafts,
tractor pulls, wood sawing, blacksmiths, a consignment auction, and much more at an
admission fee of only $3.00 per person! Under 16 and over 60 are free!
Patronage Capital Credit Allocation Notice
The Patronage Capital Credit Allocation Notice is issued in accordance with the
Bylaws of People’s Electric Cooperative.
The total amount allocated for the calendar year of 2015 is $7,512,160.98.
The allocation factor is 0.1406577019 for residential accounts, 0.1571387777
for general service/commercial accounts, and 0.0941929596 for large power
accounts. The amount of patronage taxable income for the calendar year 2015
is $4,520,855.00. The allocation factor is 0.0846484889 for residential accounts,
0.0945668801 for general service/commercial accounts, and 0.0566857801 for
large power accounts. To determine your amount of capital credit allocation,
multiply the allocation factor by the total amount of your electric bill for 2015.
The amount of your allocation is available from the Cooperative upon request.
This notice is for your information only. This amount is not available as either
cash or credit on your electric bill. Refund of this amount in full or in part at any
time in the future shall be based on the decision of the Board of Trustees that
the financial condition of the Cooperative shall not be impaired by making such
refund. This amount is not required to be reported by you for income tax purposes
until redeemed for cash and then only if you receive an income tax deduction for
the payment made to the cooperative during 2015. Accordingly, it is unlikely that
residential patrons will be required to report such allocations even when paid
to them in cash or credited to their electric bill. If you cease to be a member,
please keep us advised of your current address. Copies of the Cooperative Bylaws
are available upon request. If you have any questions concerning this allocation
please call Kathy Spillman or Kyle Stuart at (580) 332-3031.
STEPS TO FOLLOW IF YOUR
ELECTRICITY GOES OFF
1.
2.
3.
4.
5.
Check your fuse or breaker box.
Check with your neighbors. Are
they off? Have they reported the
outage?
Call our 24 hour Outage Reporting
System at toll-free 1-877-272-1500
or (580) 272-1500 (local Ada area).
Always report outages promptly!
Remember, the cooperative's
responsibility ends at the meter.
If a service call is made and the
trouble is found on the consumer's
side, a $50.00 service charge will be
assessed.
For faster service, please make
sure we have the correct phone
number(s) for your account on
file. Your phone number will
be used to access your account
information.
Providing electricity and energy service
to over 21,000 meters in the following
11 south central Oklahoma counties:
Atoka, Carter, Coal, Garvin, Hughes,
Johnston, McClain, Murray, Pittsburg,
Pontotoc and Seminole.
BOARD OF TRUSTEES
Eldon Flinn - Fittstown
Chairman & President
Jenny Trett- Sulphur
Vice Chairman
Dr. Laurin Patton - Ada
Secretary
Bob Thomas - Coalgate
Treasurer
Jack Lambert - Ada
Trustee
4
People’s Powerline | September 2016 | Classified Ads
Since we are limited on the amount of available space, ads will be taken until the classified section is full. Ads received after the section is full will not be
held for the next issue. They should be re-submitted. The number of ads published each month will vary according to availability of space and ad content. We
reserve the right to delete words and edit ads if they are too long.
MOBILE HOMES, RV’S, BOATS, & ATV’S
MISCELLANEOUS
FARM & EQUIPMENT
2001 Clayton Alamo mobile home, 16x80, 3 bedroom, 2
bath, new sheet metal roof, AC unit, must be moved from
Jesse. $10,000 (580) 320-5004
2 bar stools, 39 in, excellent condition. $100; area rug, 8 x
10, less than 1 yr. old. $200. (405) 642-0287
Bermuda Hay, sprayed/fertilized, round bales 4 x 5.5,
Lovelady area. (580) 320-4101
Saw mill, Timber King, 1220 w/24 ft deck. (580) 421-3149
Round bales of hay, net wrapped, 4 x 5 1/2 mixed grasses,
with lots of Air Leaf Clover, 33 bales in all. (405) 238-0125
or (405) 414-4215
2005 Winnebego, 38’ wide, 3 slides, vortex/working horse
chassis, Allison transmission, full body pint, bus tires,
leveling jacks. 48,190 miles. $7,000. (661) 303-5739
20 HP Yamaha on 14 ft. metal boat. (580) 272-3249
1999 Damon Challenger Class A motor home, with Chevy
454 gas engine, 35 ft. with one slide, excellent condition.
(405) 590-8376
AUTOMOTIVE
1984 Chevy 3/4 ton, 350 automatic, long wide bed, excellent
condition. (580) 399-1428
1999 Cadillac Deville D’Elegance, very good condition, low
milage, leather interior. (405) 512-8784
2010 Dodge Avenger SXT, 75K miles. $5,200. (405) 592-9877
After market parts for Yamaha V-Max on Triumph Rocicep.
(580) 712-1957
Headrack for pickup. $100 (580) 892-3000
1996 GMC Suburban, 4 x 4, leather, all power. (580) 927-5706
2015 Nissan Rogue has 10K miles. $16,900. (580) 845-2449
2013 Honda PCX 150 Scooter, Lots of storage, 868 Miles, 100
MPG $2850.; 2013 Honda 700 NCX, tank trunk, 2800 miles,
65 MPG, $4750. Please call (580) 399-5868 or (580) 421-6728
REAL ESTATE
2 lots, companion, side by side at Ada Memorial Cemetery.
(580) 332-0533
3700 sq. ft., 4 bdrm, 3 bath on 4 acres, two car garage,
office, formal living, cellar and bonus room. $355,000.
(580) 272-4314
Log home on 10 acres in Happyland, 2 bed, 1 bath, loft,
great room, 36’ covered porch, deck, carport, wood stove,
pond, 40’x 8’ storage, fruit trees. $163,500. (580) 559-9196
2 homes for lease: Ada home, 3 bdrm., garage, deck, great
location, $950/mo; 2 bdrm. w/deck. $500/mo. (580) 456-7616
WANT TO BUY
Old railroad items, locks, keys, tools, lanterns, badges, and
signs. (580) 399-8866
Looking to buy a Schnauzer puppy & male goat. (405)
221-3210
Weed eater on wheels, must run good. (580) 618-1386
Account Number Winners
Barbara J. Mullins of Davis found her
account number in August’s newsletter.
The find netted her a $5 credit on
this month’s electric bill. The other
numbers belonged to Olivia Manuel
of Allen, Carol Dilbeck of Sulphur,
Robert Blanchard of Tupelo, and Joshua
Stewart of Tishomingo. It’s easy to win.
Just find your account number located
somewhere in the newsletter, then
call, write or come to PEC by the 12th
of the month in which your number is
published to claim your $5.
Metal roofs, 15 colors, free estimates, vinyl siding and
windows, remodeling, 22 yrs. of experience. (405) 444-4689
Sewing machine repair and maintenance, home and
commercial. (580) 665-1001
Cedar and hardwood slabs, sold by truck load, great for
fencing, siding and firewood. $20 or trailer load $40.
(580) 371-8349
Structural pipe, H-posts, top soil, fill dirt for sale. Call for
pricing. (405) 207-0101
1100700208
Alterations, hemming pants to bridal gowns reasonable
prices, free scraps for doll dresses; Adult walker. $15; (580)
332-5831
Coleman generator, 5000 watt, runs good. $350; Stump
Grinder. $1,500; White Leghorn chickens, 3 hens, 1 rooster.
$30. (580) 272-3966
Home remodeling and repair, sheetrock, painting, tile and
windows, 20 years of experience, call Greg. (580) 559-1694
Knitted dish clothes, 100% cotton, 7’ square in various colors
of your choice, three or more and I’ll pay postage if mailed
to an Oklahoma address. (580) 369-2202
Call Mike Cathey for all your rock jobs. (580) 332-8672
Winchester model, 94 AE, 30-30, new in box, unfired, built
in 1991. $250. (580) 421-6793
Crochet full and baby afghans, dish rags, pot holders, place
mats, embroidery 7 days a week. (580) 332-7508
2 white rocking chairs, bought at Lowes. $60 each. (405)
665-1917
Portable basketball goal. $20; 1996 Honda Accord, 161K
miles, new tires, water pump, radiator. $2,300 firm. (580)
504-1487
Baldwin piano need tuning; 07 Harley D. Road King classic,
good condition, one owner. (405) 444-4314
Fischer stereo system with large speakers for wall mounting,
connect to TV for surround sound. (580) 622-6277
FURNITURE & APPLIANCES
Black frame futon bed, with 8’ black mattress. $130; BBQ
grill, big size, very good condition. $60; Car jack. $25.
(580) 235-0432
Beige recliner; only used one month. Paid $395.00 for it. Will
take $295.00. Holdenville (405)379-3884.
45’ John Deere leaf sweep, used 3 times. $275
(580) 436-6533
Approximately 200 Bois D’arc post, 6.5 feet, $1.00 each, Ada
area, (580) 279-3578
3 points 5ft finish mower, Taylor Way brand, good
condition, ready to use. $595 cash only. (580) 993-0263
Round Bales, net wrap. $35.; Massey Ferguson tractor, 165
diesel. $3,550 (580) 272-4888 or (5800 235-0221
Round bales, 5x4, net wrapped, good quality.
(580) 927-2774
Small square and large round bales, Bermuda hay.
(405) 238-0393
Bermuda/Mixed, fresh small bales, $7.00 each, stored
on pallets in barn. Located South on Kerr Lab Road. Call
anytime (913) 226-8200.
LIVESTOCK & PET
Butcher hogs, corn for 130 days, half or whole.
(405) 379-2979
Belgian shepherd 1 year old female, not fixed, free to good
home, up to date on shots. (405) 207-7313
Free 1/2 red heeler, 1/2 mix, males and female puppies.
(580) 436-5508
Young black Simmental bulls & heifers most all registered.
$800-$1500. (580) 258-0080
Angus bulls and heifers 8 to 18 mos. old. (580) 456-7241
Guinea chicks for sale. (580) 665-6295
11200210
Reg. polled Hereford bulls, 19 months, Remitall Online
122L and PW Victor Boomer P606 genetics. (580) 332-2468
Reg. breeding age Angus bulls, out of SAV Final Answer,
and Sitz Upqard, weaning bull calves out of Networth 4200
and Traveler 23-4. (580) 332-5838
Angus and Sim-Angus bulls, 18 months- 3 yr. olds, ready
to go, reasobably priced. (580) 759-5316 or (580) 759-3249
Lowline Angus bull, 3 years old last May, 75% LowLine.
$2,000. (405) 570-8194
Young black cows, some will calve in fall 2016, some in
spring of 2017. (580) 927-5648
-FREE-
Classified Ads for PEC Members!
Type or print your ad on the lines below and mail it in. Remember, we are limited
on the amount of available space, so mail ads as soon as possible or email your
ad to [email protected] with name/account number.
_________________________________________________________
_________________________________________________________
_________________________________________________________
Name:____________________________________________________
Acct. No.:_____________________ Phone No.: ( )_______________
Remember to identify ads with your name, phone number and account number. This is a free service to PEC
members. Clip and mail the above form to: PEC Newsletter - P.O. Box 429, Ada, OK 74820.