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September - October 2017


Light Post Members Invited


To KEC Meeting Join us for prizes, hotdogs and a little co-op business!


in McAlester for the 72nd G


ot any plans for the morning of October 7? If not,please join friends and neighbors at the Southeast Expo Annual Meeting


of Kiamichi Electric Cooperative (KEC).


Registration opens at 8 am with a free gift bag for every member who registers. Grab a hotdog, enjoy live music from the Captain Ledge Band, or mingle with co-op staff, trustees and fellow members. If you're curious about KEC's geothermal loop program, you'll find an information booth with an expert on hand to answer your questions.


The business meeting begins at 10 am and is a great way for member-owners to learn about KEC. A number of prizes including


KEC ANNUAL MEETING SATURDAY OCT. 7


SE EXPO CENTER, McALESTER


electronics, power tools, and small kitchen appliances will be given away throughout the meeting. One lucky member will enjoy the grand prize—a $600 electric bill credit.


Please join us for this special event and bring the family, too. There's something fun for everyone!


Did You Notice A Credit On Your Bill? KEC returns $1.2 million in patronage capital to co-op members


If you pay attention to your electricity costs, you probably noticed a credit on last month's electric bill. It's not a mistake. The credit is your share of Kiamichi Electric margins .


Margins are the excess revenue left over after KEC expenses are paid. This revenue is allocated to members annually based on their electricity purchases and placed in a patronage capital account. This fund serves as an important source of equity that keeps KEC financially sound. When KEC trustees determine the co-op is in good financial shape, the capital is returned to members as a bill credit. It's much like a stock dividend, but instead of going to distant stockholders, cooperative patronage capital stays close to home, in the pockets of the members your co-op exists to serve.


This year, KEC retired $1,251,632.11 to members who purchased electricity from the co-op in 1994-96.


explaining demand Q page 2


trustee elections Q page 3


kec balance sheet Q page 4


statement of operations Q page 5


PUBLISHED FOR MEMBERS OF KIAMICHI ELECTRIC COOPERATIVE


Payment Options KEC offers several bill payment plans to accomodate your busy lifestyle. From levelized payments to prepaid, our plans are designed to help you. Visit www.kiamichielectric.org for info.


Kiamichi Electric Cooperative 944 SW Highway 2 • PO Box 340 Wilburton, Oklahoma 74578


tele: (918) 465-2338


toll free: (800) 888-2731 FAX: (918) 465-2950


www.kiamichielectric.org email: support@kiamichielectric.org


Hours of Operation Monday-Friday 8 am to 5 pm


24-Hour Outage Hotline (800) 888-2731


CONVENIENT BILL PAYMENT OPTIONS


QPay online using our secure payment site at www.kiamichielectric.org.


QPay via smart phone, iPad or tablet using our mobile app. Download the free app at www.kiamichielectric.org.


Q Pay via telephone 24 hours a day using a major credit card at 800-888-2731.


Q Pay in person at Kiamichi Electric, or use our drive-through payment drop box, available 24 hours a day.


Q Pay using payment kiosks at the following authorized payment locations.


Dr. Doo’s Lakeside Motor Sports, Longtown Nichols Dollar Saver, Eufaula The Rhone Agency, McAlester Pruett Foods, McAlester Choctaw Travel Plaza, Heavener Western Auto, Poteau Harps Price Cutter, Poteau Choctaw Travel Plazas at Atoka, Wilburton, Heavener and Antlers Valley Super Foods, Talihina Total Express, Stigler Buddy's Convenience Store, Checotah Choctaw Country Market, Clayton


robbers cave festival Q page 6


beware of vampires Q page 7


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