2011 edition - GreyStone Power Corporation
Transcription
2011 edition - GreyStone Power Corporation
A brief guide to GreyStone Power Corporation media kit 2011 edition GreyStone Power Corporation | P.O. Box 897, Douglasville, GA 30133 | www.greystonepower.com table of contents Letter to the Media ..................................................................................... 3 About Our Cooperative ............................................................................. 4 Coverage Area............................................................................................. 6 Meet Our Leadership ................................................................................. 8 Our Network ..............................................................................................10 Corporate Factsheet ..................................................................................13 Questions and Answers ............................................................................16 Member Satisfaction .................................................................................20 Media Contacts ......................................................................................... 22 2 | GreyStone Power Corporation letter to the media It is my pleasure to provide this brief media kit to introduce you to GreyStone Power Corporation, a member-owned electric cooperative delivering power and energy solutions to members every day. GreyStone Power provides electricity to more than 102,000 homes, businesses, schools and industries. We are owned by those we serve and are dedicated to providing members with reliable electricity at the lowest price possible. At GreyStone, members matter and we are committed to looking out for the people we serve. Please take a moment to review the valuable information included in this media kit. I hope that it will assist you in getting to know more about GreyStone Power and our commitment to our members. Please do not hesitate to contact me with any questions you may have, we welcome your inquiries. Thank you for your time and your interest! Best regards, Vicki Harshbarger Manager, Public Relations & Communications (770) 370-2039 or (678) 449-9377 [email protected] The power of 102,000 member-owners and their families | 3 about our cooperative Mission GreyStone Power Corporation Like all electric membership cooperatives (EMCs), GreyStone Power Corporation operates for the benefit of its members. GreyStone Power is not in the business of distributing electric service to make a profit, but only to provide members with reliable electric service at the lowest possible cost. But that’s been the idea of the cooperative since its inception in 1936 when a group of local citizens banded together to bring power to their rural communities and formed the Farmers Electrical Association. In 1937, the cooperative changed its name to Douglas County Electric Membership Corporation, then in 1988 members voted to change its name to GreyStone Power Corporation. As a cooperative owned by the people it serves, GreyStone Power has grown from providing reliable, affordable electricity to offering ancillary services through Gas South, GEMC Federal Credit Union and EMC Security. From solutions for keeping costs down to helping with energy efficiency, today the co-op is finding new ways to save energy and money by working together inside GreyStone Power and outside with the people we serve. 4 | GreyStone Power Corporation To provide reliable and cost-competitive electric and related services that position the cooperative as the utility of choice. Vision To create and sustain value for our members through demonstrated leadership in the energy distribution business. Cooperative Principles Cooperatives worldwide generally operate using the same principles as adopted in 1995 by the International Cooperative Alliance. These principles, as with many co-ops, are part of GreyStone’s statement of identity. • Voluntary and Open Membership Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership. • Democratic Member Control Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. • Education, Training, and Information Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their cooperatives. • Cooperation Among Cooperatives Cooperatives serve their members most effectively and strengthen the cooperative movement by working together. • Concern for Community While focusing on member needs, cooperatives work for the sustainable development of their communities. • Members’ Economic Participation Members contribute equitably to, and democratically control, the capital of their cooperative. • Autonomy and Independence Cooperatives are autonomous, self-help organizations controlled by their members. The power of 102,000 member-owners and their families | 5 serving portions of eight counties GreyStone Power is one of the largest EMCs in the State of Georgia with over 6,508.36 miles of lines. 6 | GreyStone Power Corporation Coverage area Located on the west side of Atlanta, GreyStone Power serves more than 102,000 members in portions of Bartow, Carroll, Cobb, Coweta, Douglas, Fayette, Fulton and Paulding counties. Out of counties served, Paulding County leads with Dallas Office Bartow County Paulding County Douglas County Carroll County 35,313 members, immediately followed by Douglas County with 34,679 members served. In addition to our main office at 4040 Bankhead Highway in Douglasville, Ga., GreyStone also has a full service district office at 120 GreyStone Power Boulevard in Dallas, Ga. Office hours are from 8 a.m. to 5 p.m. weekdays. Employees are on duty 24-hours a day and line crews are always on call for emergencies. Cobb County Atlanta Cooperative Headquarters Fulton County Coweta County Fayette County The power of 102,000 member-owners and their families | 7 meet our leadership President/CEO serves on the Audit Committee. He also represents Gary Miller is GreyStone Georgia’s EMCs on the Board of Oglethorpe Power and serves on the Compensation Committee for Power Corporation’s the board. President/CEO, selected Miller is also active in the community. by the Board of Directors He is the past Chairman of the Douglas County to guide the cooperative. Miller has been employed Chamber of Commerce and the Douglas County at GreyStone for 20 years United Way. Miller serves on the Boards of DirecGary A. Miller tors of the Douglas County Development Authorand formerly served as ity, the Hospital Authority of Douglas County and President/CEO Vice President of the the WellStar Health System Board. Miller is an Financial Services Division. He is a graduate of North Georgia College, a Certified Public Accoun- Advisory Board Member of Regions Bank and is a graduate of Leadership Douglas. He is a member tant and holds a Law degree from Georgia State University. Before coming to GreyStone, he worked of Central Baptist Church in Douglasville where he at Jackson Electric Membership Corporation in Jef- also teaches Sunday school. ferson, Ga. and at Amicalola EMC in Jasper, Ga. Miller serves on and chairs numerous committees at the statewide level on behalf of GreyStone Power and Georgia’s Electric Membership Corporations (EMCs). Presently, he chairs Georgia EMC’s Government Relations Committee and also serves on the Georgia EMC Economic Development Committee. Miller was appointed to the Board of CoBank in 2006 where he presently 8 | GreyStone Power Corporation Board of Directors Territory served by GreyStone is divided into nine geographical districts and each is represented on the Board of Directors by a cooperative member residing in that district. Current board members include: Calvin Earwood John Walton Jennifer DeNyse Chairman, District 1: Paulding, Bartow Vice Chairman, District 2: Paulding Secretary-Treasurer District 5: Carroll, Douglas Ed Garrard Jim Johns Milton Jones District 9: Cobb District 8: Douglas District 7: Fulton Burnell Redding Charles Rutland Maribeth Wansley District 4: Carroll, Douglas District 3: Douglas, Paulding District 6: Fulton, Fayette, Coweta The power of 102,000 member-owners and their families | 9 a solid network Our partners From time to time, members tell us they want our help in other areas of their lives besides electricity. Those requests have resulted in excellent partnerships that benefit our members. They include: EMC Security, a security and alarm monitoring service, that provides affordable security system monitoring and installation for homes and businesses. GEMC Federal Credit Union, located in GreyStone’s two offices in Douglasville and Dallas, is a full-service credit union that has served members since 1996. Gas South, a Georgia-based natural gas marketer, now serves more than 250,000 homes and businesses across the state. 10 | GreyStone Power Corporation Our affiliations Georgia Electric Membership Corporation (Georgia EMC) is the statewide trade association that serves Georgia’s 42 electric membership corporations (EMCs), Oglethorpe Power Corporation, Georgia Transmission Corporation and Georgia System Operations Corporation. Georgia EMC enables Georgia’s electric membership corporations to pool their resources to gain strength and efficiency on issues common to the EMCs. Georgia EMC is a not-for-profit 501 (C)(6), member-owned organization controlled by a board of directors elected from the member cooperatives and corporations. www.georgiaemc.com Oglethorpe Power Corporation (OPC) is the nation’s largest power supply cooperative with approximately $6.5 billion in assets serving 39 electric membership corporations which, collectively, provide electricity to more than 4.1 million Georgia citizens. A proponent of conscientious energy development and use, OPC balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, hydroelectric, coal and nuclear generating plants with a combined capacity of approximately 5,790 megawatts (summer planning reserve capacity), as well as purchased power. OPC was established in 1974 and is owned by its 39 member systems. www.opc.com Georgia Transmission Corporation (GTC) is a not-for-profit cooperative that provides electric transmission service to 39 electric membership cooperatives (EMC) in Georgia. GTC is owned by these 39 EMCs, that in turn, are owned by the customers they serve. For 23 years, GTC was a part of Oglethorpe Power Corporation, the statewide power generation co-op. Georgia Transmission emerged in 1997 when Oglethorpe Power was divided into three companies. www.gatrans.com The National Rural Electric Cooperative Association (NRECA) is the national service organization dedicated to representing the national interests of cooperative electric utilities and the consumers they serve. The NRECA Board of Directors oversees the association’s activities and consists of 47 members, one from each state in which there is an electric distribution cooperative. Founded in 1942, NRECA was organized specifically to overcome World War II shortages of electric construction materials, to obtain insurance coverage for newly constructed rural electric cooperatives and to mitigate wholesale power problems. Since those early days, NRECA has been an advocate for consumerowned cooperatives on energy and operational issues as well as rural community and economic development. NRECA’s more than 900 member cooperatives serve 42 million people in 47 states. Most of the 864 distribution systems are consumerowned cooperatives; some are public power districts. NRECA membership includes other organizations formed by these local utilities: generation and transmission cooperatives for power supply, statewide and regional trade and service associa- The power of 102,000 member-owners and their families | 11 tions, supply and manufacturing cooperatives, data processing cooperatives and employee credit unions. Associate membership is open to equipment manufacturers and distributors, wholesalers, consultants and other entities that do business with members of the electric cooperative network. www.nreca.org online and operational in October 2003. Through a partnership of 38 electric cooperatives in Georgia, Green Power EMC has been working to expand renewable energy options. www.greenpoweremc.com Allied Organizations • CoBank Touchstone Energy Cooperative represents a • GEMC Workers’ Compensation Fund nationwide alliance made of more than 700 lo• Georgia Rural Electric Service cal, consumer-owned electric cooperatives in Corporation 46 states. Touchstone Energy co-ops collectively • Georgia Systems Operation Corporation deliver power and energy solutions to more than 40 million members every day. Touchstone Energy • Gresco Utility Supply, Inc. • National Rural Utilities Cooperative co-ops provide high standards of service accord Finance Corporation ing to their four core values: integrity, accountability, innovation and commitment to community. • Rural Utilities Service (RUS) Touchstone Energy co-ops rank well ahead of their • Smarr EMC industry counterparts when it comes to customer satisfaction. Recent data from the American Customer Satisfaction Index (ACSI), one of the nation’s most recognized measures of customer satisfaction, gives Touchstone Energy cooperatives an average score of “81” out of a possible 100, outclassing the utility industry satisfaction score of “74.” www.touchstoneenergy.com Green Power EMC is a not-for-profit cooperative founded in August 2001 to support Georgia EMCs in their search for renewable resources in the State of Georgia. The primary efforts of Green Power EMC have been to find, screen, analyze and negotiate power purchase agreements with Georgia-based renewable resource providers. Green Power EMC was the first green power program in the state with green (renewable energy) resources 12 | GreyStone Power Corporation corporate factsheet Products and Services Membership in GreyStone Power has its privileges. In addition to providing the people we serve with reliable electricity at competitive rates, the cooperative is proud to offer members an array of valuable products and services including: • • • • • • • • • • • • • • • • • Car Solutions Convenient Payment Options Co-op Connections Card Cooperative Healthy Savings Customized Billing Options Efficiency Loans EMC Security Energy Audits Energy Saving Tips and Advice Fleet Services Gas South GEMC Federal Credit Union Green Power Operation Round Up Pet Assure Rebates SurgeMaster Plus At a Glance With over 102,000 members, and more than 2 billion kilowatt hours sold in 2009, GreyStone is the 16th largest EMC in the U.S. Statistics at the end of each year The power of 102,000 member-owners and their families | 13 Employees GreyStone is an equal opportunity employer with more than 270 employees. Directors hire a President/CEO to carry out the daily operation of the cooperative. GreyStone hires professional employees to design, construct and maintain the electrical facilities, as well as employees who are responsible for billing, accounting, recordkeeping function, and providing information and technical service to members. In 2010, the cooperative was named one of Atlanta’s “Best Places to Work” by Atlanta Business Chronicle. Of 400 companies nominated, GreyStone placed 17th among the top 20 medium-sized workplaces in Atlanta. Senior Management Gary A. Miller President/CEO Jim Hunter Vice President, Marketing and Member Services Kara Pearson Vice President, Financial Services Glenn Purcell Vice President, Information Systems Marcita Scharnhorst Vice President, Human Resources Bill Sharpton Vice President, Operations and Engineering Tim Williams Vice President, Corporate and External Affairs 14 | GreyStone Power Corporation A Company That Cares While focusing on member needs, GreyStone Power works for the sustainable development of its communities. The cooperative takes pride in giving back to the communities it serves. Among its involvement, helping to support members and their families achieve their educational goals is one of GreyStone’s most successful and rewarding contributions. Student apprenticeships/interns are one of several ways GreyStone supports youth development and student learning. Annually GreyStone coordinates four unique opportunities for students; the GreyStone Power Foundation Scholarships, Walter Harrison Scholarships, Clower Scholarships and the Washington Youth Tour. The co-op also participates in local youth apprenticeship, mentoring and partners in education programs. GreyStone supports the Douglas County School System’s Public Education Trust Fund, Inc. (PET) to help award grants and scholarships to assist students, teachers and programs not already funded by local, state and federal dollars. One of GreyStone’s most generous contributions in 2009 was its support for the West Central Technical College “Invest in the Next Generation” major gifts campaign. The GreyStone Power Foundation, Inc. is built upon the strength of GreyStone’s members volunteering to round up their electric bills to the next dollar or give additional monthly amounts to provide monetary assistance for non-profit organizations. Since 1999, more than $1,230,000 have helped to support GreyStone’s communities through the GreyStone Power Foundation Operation Round Up program. GreyStone supports many local civic and charitable organizations, but has three main charities: Relay for Life, March of Dimes and United Way. In 2008 GreyStone employees raised $9,000 for Relay for Life, $7,000 for March of Dimes and $22,200 for United Way. Employees from the cooperative serve as project volunteers and members of the board of directors for many organizations and clubs in GreyStone’s service area. Milestones • GreyStone earned a top safety score and completed 2008 with no lost-time accidents • In February of 2008, GreyStone celebrated the addition of its 100,000 member • In 2007, GreyStone launched automated meter reading (AMI) project; today, more than 111,000 meters have been replaced • For the fifth consecutive year, the United Way of Metropolitan Atlanta named GreyStone “A Company That Cares” in 2005 • New Dallas office opened in 2005 Awards and Recognitions • GreyStone Power earned “Best Places to Work” recognition in 2010 by Atlanta Business Chronicle • Employees and director received Georgia EMC Life Saving Awards in November 2010 • In 2010, Public Relations & Communications Department was recognized in NRECA Spotlight Awards • Linemen rank first in state at Georgia Lineman’s Rodeo May 2010 and top EMC team in the nation at International Rodeo October 2010 • 2011 marks GreyStone’s 75th Anniversary and Green Power EMC’s 10th Anniversary • GreyStone has returned more than $47.5 million to members over the years, with the latest installment of $3.5 million in 2010 • Green Power EMC earned Green-e Energy certification in 2009 • In 2009, GreyStone introduced mail-in-ballots to elect directors The power of 102,000 member-owners and their families | 15 questions & answers How is GreyStone different from investor-owned utilities? GreyStone Power Corporation is owned by the members we serve and operates as a not‑for‑profit organization. Capital credits: Any margins – or profits, as they are called in investor-owned business – are returned periodically to GreyStone members. In 2010, we returned $3.5 million to members; bringing the total returned through 2010 to $47.5 million. Why are GreyStone customers called members? Unlike other forms of business, GreyStone Power is owned by the members we serve. Member involvement is a distinguishing characteristic of electric membership cooperatives (EMCs). By paying $10 for membership in GreyStone Power Corporation, members become part-owner of the cooperative. Members have a voice in the operation of GreyStone through the members’ election of directors who represent members in providing their energy needs. Three positions on GreyStone Power’s Board of Directors are elected by members annually to serve a three-year term of office. Through the directors, members make their voices heard concerning the operation of the electric cooperative they own. How many members does GreyStone serve? GreyStone Power serves more than 102,000 members and their families. Can anyone become a member of GreyStone Power? The Georgia Territorial Electric Service Act of 1973 assigned exclusive power supply areas throughout the state. The state’s 42 electric membership cooperatives are assigned 71 percent of the state’s land 16 | GreyStone Power Corporation area, with the remaining area designated to Georgia Power Company or municipal power systems. According to the act, some new businesses locating in Georgia can choose their electric provider. New commercial businesses with a 900 kilowatt (kW) load or greater have a one-time choice in their supplier. This practice is known as Customer Choice. Due to these restraints, businesses producing less than 900 kW and residential customers are typically unable to choose their electric provider. How does GreyStone operate? GreyStone Power is a non-profit cooperative incorporated under Georgia law. By-laws adopted by the members set forth membership criteria, member rights and responsibilities, procedures for electing directors and how the non-profit character of the Cooperative is maintained. Territory served by GreyStone is divided into nine geographical districts and each is represented on the Board of Directors by a cooperative member residing in that district. Directors’ terms of office are staggered to provide that three positions expire annually. Contested board elections are elected by mail-in ballots; uncontested directors are elected by voice vote at the Annual Meeting of Members held each year on the second Saturday in October at GreyStone’s main office in Douglasville. How are electric rates set? Upon advice of the President/CEO and qualified consultants, the Board of Directors sets rates for the sale of electricity at a level that ensures all administrative power expenses are covered, as well as interest on Rural Utilities Service (RUS) and Cooperative Finance Corporation (CFC) loans, for adequate net margins to repay principal on loans and to establish a reserve against emergencies. Rates are subject to RUS review. What is the Annual Meeting of Members? GreyStone’s Annual Meeting of Members, held on the second Saturday of October, is a free, fun-filled event that showcases the value of GreyStone membership. Members and their families are invited to get up close and personal with the cooperative they own and learn about exclusive member benefits and valuable services provided by GreyStone. As a member of GreyStone, you have a voice in the operation of GreyStone through the members’ election of directors and bylaws at the Annual Meeting. Fiscal year operation and finance reports are given during the business session. Food, educational booths, musical entertainment, children’s rides and games are provided. The Annual Meeting also hosts a health fair that promotes healthier living for members and their families. How does GreyStone provide value to its members? We work hard to keep our members’ electric bills affordable. We work to control costs through innovation. We monitor and lobby against legislative actions that could cause our members’ electric bills to escalate. Our sole purpose is not to make a profit, but to serve our members to the best of our ability. Margins, which would be profits in a forprofit business, go back to our members annually in the form of capital credits, a check our members receive each fall. We are soon to begin a new customer care and billing system that will enhance service to members. We offer several programs that The power of 102,000 member-owners and their families | 17 help members save money, including a discount card called the Co-op Connections card that helps members save thousands of dollars at pharmacies and businesses throughout the U.S. We also offer a program called Cooperative Healthy Savings that helps members save money on medical, dental, and vision costs. We offer energy efficiency loans for those wanting to cut costs in their homes, and rebates when members make energy improvements in their homes. GreyStone was one of 16 cooperatives in Georgia that began a renewable energy program called Green Power EMC to produce green energy and place it in our energy mix. We also communicate with our members to keep them informed about the cooperative they own in every way possible including newsletters, an e-newsletters, Facebook, Twitter and YouTube. How is GreyStone working to help members better manage their energy usage? From 2008 to 2009 GreyStone featured a section in its member newsletter, the GreyStone Report, highlighting tips and ideas shared by members to conserve energy. In 2009, GreyStone rolled out its Together We Save campaign, a nationwide energyefficiency campaign designed by GreyStone and other Touchstone Energy Cooperatives to inspire members to easily save energy and money. Along with classic mediums—TV, print radio and billboards—the campaign has a substantial online component, TogetherWeSave.com. Members can take control of their energy costs by visiting www. togetherwesave.com offering valuable energy-and money-saving advice. The website demonstrates how taking simple energy-saving steps leads to real dollar savings. After visiting the site, GreyStone 18 | GreyStone Power Corporation encourages members to share their Together We Save experience by sending in their testimonials on the actions they took to save energy and the impact made by their efforts. Selected testimonies are featured in the GreyStone Report to share with other members. GreyStone’s Member Matters newsletter also features energy efficiency articles and columns. Ask the Energy Specialist is a section in Member Matters, which addresses issues to help members save on their energy use to save money. GreyStone’s 2009 Annual Meeting event focused on energy efficiency and conservation through GreyStone’s Together We Save campaign. The coop hosted its first ever energy efficiency expo at the 2010 Annual Meeting. The Together We Save Energy Expo showcased the value of energy efficiency. Several specialized businesses educated members about the benefits of conservation and demonstrated valuable energy-efficiency products and services. GEMC Federal Credit Union offered low-interest energy efficiency loans and the Expo featured an “Ask the Energy Specialist” Q&A booth led by GreyStone’s very own energy experts. Members that registered received a free Home Energy Savings Starter Kit. The 2009 GreyStone Annual Report published in 2010 also focused on the Together We Save theme. GreyStone’s website, www.greystonepower.com features valuable links and tools to help members get the most out of your energy use. Some tools include: • Energy efficiency web ads • A light bulb energy saver calculator • Business Energy Advisor (features information on how businesses can save energy at their facility) • Touchstone Energy Savers (an energy management tool) • Plug into home energy savings book (helps members save money on energy at home) • Energy library • Kid’s Korner (An energy education tool for students, parents and teachers) We also promote energy efficiency through special publications, billboards, ads and displays. GreyStone’s Facebook and Twitter pages feature valuable energy and money saving tips. GreyStone offers residential and commercial members free energy audits to help members identify potential problems and solutions to save energy and money. GreyStone’s new smart meter technology helps the co-op expand our services by offering prepaid electric service to members. Prepaid service helps participating members be better managers of their energy, allowing them to purchase power as they use it. What are current challenges faced by GreyStone today? Climate change concerns are prompting calls for legislative action on the federal level that would translate into much higher electricity costs for users. These actions could escalate to the point that there are those who can afford electric power in their homes and businesses and those who cannot. Power costs are also increasing as the costs to produce electricity increase. And although overall growth in new services has diminished due to today’s economic climate, the demand for electricity per household is increasing due to newer and increased ways to use power, especially in technol- ogy. New plants to generate electricity are routinely turned down for permits, so the new plants that would be needed to supply enough power, should the economy turn around and growth in services increase, are not being built. We could be headed for a perfect storm in the electric service arena. Also, Congress has been debating, but never passed, a comprehensive climate change bill. Into this void, the Environmental Protection Association has stepped forward and has now fielded new regulations: the clean air transport rule, cooling water intake requirements and the possible designation of coal ash as a hazardous material. This is of great concern to us. That’s why it’s so important for our members to let Congress know that electricity needs to be affordable and reliable for all of us. We need to ask our elected officials, is our country ready to handle the energy challenges in capacity, technology, and affordability? We need to work together to find responsible and affordable ways to meet these challenges. Our members’ voices are critical in this debate. Contact them at www.ourenergy.coop. You can be sure that at GreyStone Power, we’re committed to keeping your electric bills affordable. The power of 102,000 member-owners and their families | 19 member satisfaction “I feel my most important duty is listening to members and doing my very best to assist them.” — Debbie Suttles, Member Services Representative II 20 | GreyStone Power Corporation Surpassing member needs and expectations is our focus As an electric cooperative, GreyStone belongs to the members we serve and their concerns are very important to us. GreyStone is dedicated to quality member service and surpassing member needs and expectations is our focus. Providing members with our best service has always been and always will be our #1 priority. But don’t take our word for it ... read what GreyStone members had to say about our service! “I would like to thank everyone for the service we have received. No power failures, outages, etc. I have had GreyStone as my electric provider off and on since 1989 and I have never been disappointed. Thank you again!” — Judith Sushko “Jeremiah should be acknowledged for going beyond the call of duty and helping me with my refund check. After several attempts the check was returned and I was expecting to receive it. Jeremiah calmed me and made sure that the check got delivered!” — Lynnette Harper “Julee was a great help today. She educated me on energy saving tips and helped me find ways to save money. She did her job fabulously and was a big help!!” — Michael Miller “Sue was very pleasant and helpful today. I was very grateful that she took the time to speak with me about my usage and gave me some very helpful information.” — Iris Harbin The power of 102,000 member-owners and their families | 21 media contacts The following contacts are for media related requests and information only. Requests for GreyStone logos and press related images should also be directed to the following media contacts. For non-media related inquiries, please contact GreyStone’s Member Services Department at [email protected] or 770-942-6576. Vicki Harshbarger Manager, Public Relations & Communications 770-370-2039 or 678-449-9377 [email protected] Tim Williams Vice President, Corporate & External Affairs 770-370-2038 or 404-702-2402 [email protected] 22 | GreyStone Power Corporation notes: ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ The power of 102,000 member-owners and their families | 23 GreyStone Power Corporation, from its roots as a farmer’s dream to the reality of an energy supplier serving more than 102,000 members, has always worked for the benefit of our members. GreyStone exists only to provide the people we serve with reliable electricity at the lowest cost possible, a focus that has been embedded in the cooperative since its inception in 1936.