Egyptian Electric Cooperative Association (EECA) held its Annual Meeting on July 11, 2024, where all registered consumer-members in attendance received a $20 bill credit on their August bill. The event featured live music by the local duo Honey and Tar, and face painting by Brandy’s Fancy Faces. Attendees also enjoyed jumbo hot dogs, chocolate Dilly Bars, and kettle corn, making it a delightful gathering for all!
If you could not attend the Annual Meeting, here are the key takeaways and highlights we believe will be of interest to our consumer-members.
Highlights include:
• In 2023, our percentage of reliability was 99.95% – that means your power was on 99.95 percent of the time. Members experienced a total outage time of just four hours and 22 minutes – that is great in comparison to state and national averages!
• EECA will be returning $1,583,320 in Capital Credits this summer to members who had service in 1993 and 1994.
• With increasing inflationary pressures, we have been able to avoid a rate increase this year as otherwise anticipated. Your coop strives to balance rate stability, reliability & sustainability.
• Three Directors were reappointed to our Board, including Randall Campbell of Chester, Paul Hicks of Carbondale, and Paul Pyatt of Pinckneyville.
Key Takeaways include:
• On theme with “powerful past – future focused”, we outlined a strategic vision for the future – system reliability, rate stability, succession planning, regulatory pressures & technological advancement.
• EECA is focusing on succession planning to best attract the workforce of tomorrow and on economic development to ensure Southern Illinois is a desirable and prepared place for all to live and love.
• Your coop will continue concentrating on reliability – power supply, infrastructure, cyber safety, sustainability – now and into the future.
• We are local – our leadership, our employees, our board – and to show our commitment to our communities, we participate in and encourage sign up into our Operation Round Up program. In 2023, we have given out $7,500, and to date $12,750!