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A note from our President and CEO: May the FOURTH be with you! YEC Annual Meeting May 1, 3, 4

Its been 83 great years of being your electric cooperative, where locals are looking out for you. The value of your membership has never been greater. I’d like to personally invite you and your family to one of our three days of convenient drive-thru annual meetings this year to register and vote. We’ll even have hot dogs again in York! You can count on the same smiling faces to be there to help you through the line.

Our team is excited to see you and your family to celebrate 83 years of service, community and improving quality of life in our area. As for me, this will be a bittersweet annual meeting as it will mark my 34th serving you and my last before my retirement in June. I invite you to tune into our virtual business meeting as we officially introduce Craig Spencer, who will continue to lead our team of locals looking out for you.

News & Events YEC to receive grant money from Santee Cooper

York Electric Cooperative, Inc. (YEC) is pleased to receive grant money from Santee Cooper through the Grid Resilience Grant Program, funded by the US Department of Energy (DOE). This money will be used to complete five projects within our service territory. For more information on these projects and the grant application process, please visit the Santee Cooper website at www.santeecooper.com and look for updates later this year in the South Carolina Living magazine from your cooperative.

MONCKS CORNER, S.C. – Santee Cooper has secured final approval for 18 projects, totaling $10.8 million in funding, submitted to its Grid Resilience Grant Program last year by electric cooperatives and municipal and other utilities from across South Carolina.

Together, the projects represent grid improvements that will reduce the number of outages and improve restoration times during extreme weather events, primarily in disadvantaged areas of the state.

Santee Cooper is serving as the state administrator for the formula grant provided to South Carolina through the Bipartisan Infrastructure Law, section 40101(d). The projects submitted to and approved by the U.S. Department of Energy (DOE) represent funding available for federal fiscal years 2022 and 2023. Santee Cooper and independent consultant Guidehouse reviewed the project submissions, determined all 18 came within Santee Cooper’s program guidelines and federal requirements, and approved the projects for full funding. The DOE approval clears the way for project work to begin.

“The projects that were submitted range from burying overhead power lines to adding self-healing equipment that improves restoration ability,” said Jimmy Staton, Santee Cooper president and CEO. “Collectively they will make South Carolina’s electric grid stronger in the face of hurricanes and other extreme weather. It has been our privilege to work with the DOE and so many utilities across the state who are driven to provide the best service possible to their members and customers.”

The projects are:

Berkeley Electric Cooperative (BEC): $982,228

Implement an automated fault location, isolation, and service restoration system (FLISR) in a remote and difficult-to-access area to decrease outage restoration times.

Broad River Electric Cooperative: $183,964

Install additional remotely controlled devices and new controls to improve monitoring and control capabilities and increase reliability for two circuits that have experienced outages.

City of Rock Hill: $71,470

Add two automated overhead switches and a self-healing device to address circuit-level outages.

Coastal Electric Cooperative, Inc. Project 1: $400,000

Improve monitoring and control capabilities to increase sectionalizing, reduce outages and expand FLISR abilities.

Coastal Electric Cooperative, Inc. Project 2: $796,000

Replace aging overhead distribution lines on the back of lots with underground lines on the front of lots to improve reliability by and increase access to the lines.

Fairfield Electric Cooperative, Inc. Project 1: $225,000

Update equipment and improve system monitoring and control, allowing for remote power restoration.

Fairfield Electric Cooperative, Inc. Project 2: $900,000

Rebuild four miles of overhead distribution line serving a wastewater treatment plant in a remote area that has experienced extended outages.

Gaffney Board of Public Works (GBPW): $417,605

Deploy technology to locate, predict, and prevent issues on the electrical grid.

Horry Electric Cooperative, Inc.: $779,823

Install self-healing devices on existing poles along major transportation corridors, allowing automated restoration within seconds for outages between these devices.

Laurens Commission of Public Works: $777,917

Replace cutout switches, inspect all poles on the system, and accelerate vegetation management.

Lockhart Power Company (LPC): $833,333

Install enhanced resiliency insulators and storm-hardened metal poles on Jonesville 34kV line, part of a larger project to replace an aged 18-mile segment of line between two substations.

MPD Electric Cooperative: $1,191,604

Install distribution management and automation systems to automatically clear instantaneous and short-duration faults.

Palmetto Electric Cooperative, Inc.: $1,946,000

Replace 44 old hydraulic reclosers with new electronically controlled reclosers with remote monitoring and operating capabilities in areas considered to be disadvantaged communities.

York Electric Cooperative, Inc. Project 1: $125,193

Build a 2.1-mile overhead line to provide an alternate feed to two long radial lines in hard-to-reach areas of Bonnor Horton Road and West McConnells Highway and improve reliability.

York Electric Cooperative, Inc. Project 2: $152,664

Install a distribution automation scheme across its service territory in the Catawba Indian Nation.

York Electric Cooperative, Inc. Project 3: $59,886

Install an underground tie line between Legion Road and Valley Haven Trail in Hickory Grove, creating a usable backfeed and reducing the number of radial line miles by 13.54 miles.

York Electric Cooperative, Inc. Project 4: $717,357

Bury approximately three miles of overhead line going into the Kings Mountain National Military Park and a single-phase line feeding Camp Cherokee, a local YMCA summer camp.

York Electric Cooperative, Inc. Project 5: $206,855

Bury approximately two miles line feeding the Kings Mountain State Park, almost entirely inside of the State Park.

Santee Cooper has filed for Fiscal Year 2024 available funding and will begin solicitation of proposals for the third-year funding after the DOE provides clearance to do begin.

S.C. Electric Co-ops Support Lawsuits Challenging EPA Power Plant Regulations

South Carolina’s electric cooperatives are supporting a pair of lawsuits that challenge the legality of the U.S. Environmental Protection Agency’s new regulations on fossil fuel power plants.

The Electric Cooperatives of South Carolina and Central Electric Power Cooperative on May 9 filed a declaration in support of separate lawsuits by the National Rural Electric Cooperative Association and a coalition of 23 state attorneys general, including S.C. Attorney General Alan Wilson.

“While we share the EPA’s goal of protecting the environment, we can’t support a plan that jeopardizes the reliability of South Carolina’s electric grid while driving up power bills,” said Mike Couick, CEO of the Electric Cooperatives of South Carolina. “We need a realistic path forward.”

The EPA regulations aim to greatly reduce carbon emissions from existing coal-fired power plants and new natural gas-fired units. The rules would require those power plants to either throttle down their output or capture and store their carbon emissions with a technology that is unproven, unaffordable and commercially unavailable.

These regulations come as demand for electricity soars in South Carolina and across the Southeast due to population growth and economic development, including a parade of clean energy manufacturing projects dedicated to producing electric vehicles and the parts that power them.

“South Carolina is one of the fastest growing states in the nation. We urgently need more electricity, not less,” said Central CEO Rob Hochstetler. “These regulations make it harder for electric cooperatives to keep up, threatening our ability to keep the lights on for residents and businesses across our state.”

This declaration follows the S.C. electric cooperatives’ August 2023 and December 2023 comments opposing the proposed EPA regulations as unlawful, unworkable and unrealistic.

S.C. electric cooperative leaders also have testified at the State House and in Congress about these regulations and other threats to the reliability of the Palmetto State’s power grid.

We all like knowing when folks have our back. It’s nice to solidify support with like- minded people who value the same things you do, but it proves to be even greater when you are open to suggestions and seek to first understand what provides the greatest good for all. This compromise and greater solution provide a sense of accomplishment and validation that you are doing the right thing to help and serve others. This month, we are going to highlight the lawmakers who do just that. They are always on our side and the side of our members seeking to do the right thing for the right reasons.

Creating the laws that govern our state is no small feat. These brave men and woman are elected to stand up for what is right and the voices of those they serve. As a co-op, those same voices are those of our members, and it matters to us that the laws and elected officials in our state look out for the people and their quality of life, which is what we value most. Fortunately, we have an outstanding delegation that aligns with our own personal mission to look out for our members. They understand co-ops are here to do good and serve others. Together, our interests continue to support what is best for our communities and our neighbors.

H.5118 is an example of how our support impacts our members. This legislation, which is called the “South Carolina Energy Security Act,” is co-op supported because it secures our energy future in South Carolina. Not only does it promote things like energy efficiency and renewables, but it also allows for a joint construction project to build a natural gas plant in the lower part of the state. Co-ops aren’t making anything on this bill. It is simply the right thing to do for our economy.

I’d like to say a special thank you to the following members of the South Carolina House of Representatives in our delegation who voted in favor of this bill: Raye Felder, Brandon Guffey, Randy Ligon, Dennis Moss, Mike Neese, Brandon Newton, David O’Neal and Tommy Pope. Similarly, Senators Wes Climer, Mike Fanning, Michael Johnson and Harvey Peeler were instrumental last year in supporting our cooperative and letting the voices of our members be heard at the state level. We continue to be grateful for the consistent support we receive at the State House.

I’d also like to take a moment to wish one of these representatives well as she retires from serving after 12 years. Raye Felder has not only helped the cooperative support the voices of our members, but she’s also been a great friend and neighbor to my family. When we lived in her neighborhood, I fondly remember her Christmas soup parties and was always grateful for the easy access she and her husband graciously granted our kids when they would cut through her yard to see their grandparents. Well done, Raye, and thank you.

Its no surprise that things cost more since the pandemic. Our grocery bills are higher, fuel prices are higher and even going out to eat is more expensive. In 2012, it cost an average of $1.84 to buy a dozen eggs. Now it costs an average of $2.51. A 36 percent increase adds up each week.

Although your co-op has experienced significant increases in materials for more than a decade, your electric rates have remained stable since 2012. By being mindful of all controllable expenses and because of the continued growth we have seen in our area, we’ve been able to absorb rising costs. However, it is important that you see the costs of our most used construction materials and the significant increase the co-op is incurring to build and maintain the power lines that serve you. In 2023, 80 cents of each dollar we spent went towards the cost of power.

You might wonder what you can expect as prices continue to rise for both materials and power costs. Rest assured, we will continue to operate conservatively with each dollar that comes into your co-op. We’ll continue to look out for you and make sure we keep your power affordable, safe and reliable.

Your board in action

Last month, the board of trustees met with York Electric’s external auditor, who provided your co-op with a clean bill of financial health. Download a PDF of YEC’s audited financials.

Plug Into Safety With YEC: Electrical Safety Month

safety info graphicQUICK TIPS FROM YOUR CO-OP:

  • Don’t overload outlets. Overloaded outlets can create fire hazards.
  • Electricity and liquids never mix. Keep drinks a safe distance away from electrical devices.
  • Keep your cooking station clear. Don’t place flammable items like potholders, napkins or dish towels near a hot stove.
  • Make sure all light bulbs are properly rated for the unit or fixture.
  • Test smoke alarms each month to ensure they’re working properly.

York Electrics 2024 Annual Meeting: Your Official Guide

FAQ

What is the 800 number for York Electric?

To access PowerTouch, call 1-866-374-1234. Now you can pay your electric bill at your convenience, 24 hours a day, 7 days a week.

What is the average kWh per month in NYC?

With a monthly usage of roughly 826 kWh, New York City’s average monthly electric bill is around $193.61. According to historical data, the average electric bill in NYC is forecasted to double in the next five years.

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