A Successful 2015-2016 Year at PEC Capped Off by Exemplary Annual Meeting

PEC held its Annual Membership Meeting at the Performing Arts Center of Dripping Springs High School this past Saturday. More than 600 members came from across the PEC service territory to vote in the 2016 Board Director elections; peruse employee exhibits; enter drawings for door prizes; hear about the status of their co-op from PEC CEO John Hewa; and snag some breakfast tacos and snow cones while they were at it. For the past eight years, Directors and Employees alike have been working hard to recover from the damage we incurred under past leadership. Finally, at this year’s meeting, both member and PEC employee alike felt as if the familial quality we lost in those darker days had been regained. Members were proud of their linemen. Employees were excited to greet their members and answer questions about their electric service. Member comments were resoundingly positive, and Board Directors were ready to hear member suggestions and constructive criticisms in hopes of identifying creative solutions that put the members first above all else. It was a wonderful example of what a Co-op should be and can be when the right people and the right attitudes are involved.

 

The day marked the capstone of a Co-op year (June-to-June as our PEC calendar goes) in which we have accomplished so much. Some of the highlights of note include: six consecutive rate reductions that will be followed up by a 7th reduction (2 mils) due to roll out in August; a successful switchover to a new enterprise software system that has already saved the Co-op millions of dollars in less than a year of its operation; an on-Bill solar financing program that is a unique and creative way to help interested members pursue rooftop solar without needing subsidization from their fellow members (the opposite of rebates); a complete overhaul of our charitable giving programs that puts more control in the hands of members (this will be the topic of my next post); and the release of a new rate study that will soon yield decreased Service Availability Charges for members who choose eBills and Bank Drafts. The rate study will also yield long awaited Time of Use rates that will allow participating members the opportunity to alter their energy habits, consume more off peak power, and further decrease their electric bills. Without a doubt, CEO Hewa and his highly capable Executive Team and staff have delivered on what the Board has asked them to deliver. We now have a more efficient, more responsive, more member-oriented, more nimble co-op that is showing us the real meaning of being “always on” for our members and the communities we serve.

 

At the Annual Meeting, Survey and Ballot Systems (SBS) – the firm that has run the PEC Director Elections the past few years – announced that District 5 Incumbent and Board President James Oakley had resoundingly won re-election, and Jim Powers, who ran unopposed to fill the seat left by retiring District 4 Director Chris Perry, had claimed a spot on the Board as well. Oakley won by more votes than any Director-Candidate had ever received in a contested election since the reform elections of 2008, a further indication that members are behind the improvements the Co-op is delivering these days.

 

Following the Annual Meeting, the Board held an organizational meeting to elect its 2016-2017 slate of officers. I was honored by my colleagues at that time with my election to the office of Board President. Oakley was elected Vice-President, and District 6 Director Paul Graf was re-elected Secretary/Treasurer for a second consecutive year. I must take a minute to thank Director Oakley for his outstanding leadership this past year as Board President. He managed to do the impossible – which was oversee our transition from at least two board meetings a month to just one, as is written in the PEC bylaws. By cutting down on the number of times we meet each month we are saving the Co-op money and saving our staff precious time that they can now use to further the Strategic Plan we have in place for them. Members must know that decreasing the number of our meetings was no small feat – prior Boards had been attempting to cut back on our trips to Johnson City for years, and under Director Oakley’s leadership, we were finally able to get it done. He also made sure we got through an aggressive amount of agenda items each meeting by keeping our conversations on point and attentions in the Board Room focused on the topics at hand. As a mother with small children back home, I was particularly appreciative of the improved efficiency – the difference between arriving home at 5:30, as opposed to 7:30, to two (now three!) little ones makes a big difference to me, and I know PEC staff and the rest of the Board Members feel the same way. I also thought Director Oakley’s method of asking for questions or commentary from our member audiences kept things fresh and kept the free flow of ideas between members, employees, and Board Members at the forefront of our Board Meetings. No doubt I’ll have big shoes to fill, and I’ll have my work cut out for me in ensuring we continue on an upward trend towards the big successes we on the Board envision for PEC in the future.

 

It’s been a pleasure to serve on the PEC Co-op Board for the past two years. I never dreamed in 2014 when I first joined this body that we would change so much for the better. While we can attribute much of our success to the strategic vision we’ve put in place at the Board level, far more of the credit belongs with our hard working Executive team, led by CEO Hewa, and the tremendous PEC employees, whom consistently demonstrate their commitment to making the Co-op experience a positive one for our members. The future at PEC is bright, and I look forward to seeing all that we have yet to accomplish in the Co-op year ahead.