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Don’t miss Annual Meeting on May 12!

HEC Ann Meet mag wrap 15 lo res_Page_1The May 2015 edition of South Carolina Living magazine has been delivered to the mailboxes of members of Horry Electric Cooperative. This edition of the magazine included an Horry Electric Annual Meeting special cover wrap that features all of the details members need to prepare for the Annual Meeting of Members.  Official Notice Registration postcards were received in advance of the magazine.

Important Annual Meeting Reminders

  • Please remember that only members who register, in person, to participate in the Annual Meeting of Members between the hours of noon and 7 p.m. on Tuesday, May 12, are eligible to receive the $15 electric bill credit.
  • Members will need their Official Notice Registration postcard, some form of photo identification and a little bit of patience. The registration lines can be long, but the process goes a lot faster and runs much more smoothly when the postcards and identification are ready to present to employees taking care of registration when a member gets to the front of the line.

We need you to be there

The Annual Meeting is important. It’s one of the best examples of how membership matters. For Horry Electric, it’s an opportunity to report on the business of the cooperative.  Trustees, staff and employees also get a chance to meet members face to face rather than through voice, electronic or written communications.

For members, it’s an opportunity to proactively participate in the business meeting of their electric cooperative.

Horry Electric’s bylaws and South Carolina Code of Laws require a quorum—equal to 5 percent of the membership—in order to conduct an official business meeting. With a preliminary estimate of 58,335 members of Horry Electric on Annual Meeting Day, that means a minimum of 2,917 members must register. If that number is not met, business won’t be conducted.

Don’t forget

Attendance is expected to be high. More members means more traffic. Not wanting traffic concerns to discourage members from coming, the board of trustees removed the requirement that keeps people there until the last winning ticket is called in the prize drawing. Effective in 2013, members no longer have to be present at the time of the prize drawing in order to win.

Each member who registers, in person, at the meeting during the designated hours for Registration, will not only qualify to get the Registration Gift, but will also be automatically entered into the prize drawing.

Winners, if they are not present, will be notified by phone the following day.

May edition of South Carolina Living is available online; due in mailboxes soon

The May 2015 edition of South Carolina Living magazine will be delivered to the mailboxes of meSCL-May15-Cover-Blank-LoRes[1]mbers and subscribers soon, but it’s available online NOW!

Horry Electric local highlights include:

  • CEO Column: The countdown is on – Annual Meeting 2015 days away
  • Horry News: Official Notice of Annual Meeting – Annual Meeting information
  • Financial View: 2014 Financial report and Comparative operating statistics
  • Statement of Nondiscrimination; Board of Trustees;Service Area Map
  • 2015 Trustee Candidates
  • Local People. Serving You. That’s the cooperative advantage.

The 2015 Horry Electric Annual Meeting special cover wrap is part of the May edition of South Carolina Living Magazine.

Other highlights from the magazine include: 

Obama signed co-op water heater bill

By Cathy Cash | ECT Staff WriterPublished: April 30th, 2015

water_heater FINALPresident Barack Obama has signed an energy-efficiency bill that will preserve production of large grid-enabled water heaters that hundreds of electric cooperatives rely on for demand-response programs.

“We sincerely thank the president for signing this legislation. It allows important demand-response programs to continue saving consumers hundreds of millions of dollars,” NRECA CEO Jo Ann Emerson said after Obama signed the bill April 30.

Emerson praised the lawmakers who shepherded legislation through the House and Senate onto the White House.

She also thanked the many co-op leaders who encouraged Congress “to do the right thing and save this vital energy-saving tool.”

“This type of legislation makes a difference to the folks at the end of the power lines, the ones who pay the bills and most importantly, the ones who keep our economy going,” Emerson said.

The House approved S. 535 on April 21. The bill, authored by Senators Rob Portman, R-Ohio, and Jeanne Shaheen, D-N.H., passed the Senate on March 27.

The law will allow the continued manufacture of water heaters above 75 gallons for specific use in demand-response programs.

The law supersedes a ban on the production of these water heaters set by the Department of Energy in 2010, which took effect April 16.

More than 250 co-ops in 35 states use large-capacity electric resistance water heaters to reduce demand during peak hours by an estimated 500 megawatts.

Large, super-insulated water heaters can store low-cost, off-peak power as hot water, enabling co-ops to cut their fuel use and optimize operation of the electric grid.

Horry Electric is among the 250 co-ops using large-capacity electric resistance water heaters to reduce demand during peak hours.  Members can participate in the H2O Load Management program if they have a minimum 50 gallon water heater already installed in their home that is no older than 5 years of age. Members installing a new electric water heater can participate in the H2O Select program.