Celebrating co-op independence

Paul Basha, YEC President & CEO
Paul Basha, Pres­i­dent & CEO

On July 4 we cel­e­brat­ed our nation’s inde­pen­dence. In the midst of apple pies and hot dogs, fire­works shows and parades, I can’t help but think about the inde­pen­dent streak that inspired groups of farm­ers around Amer­i­ca’s coun­try­side to band togeth­er and improve their qual­i­ty of life.

Aside from Pres­i­dent Franklin Roo­sevelt’s promise of fed­er­al aid in the form of low-inter­est loans and engi­neer­ing exper­tise, rur­al Amer­i­cans did­n’t have much help in bring­ing elec­tric­i­ty to their homes. They pulled them­selves up by their prover­bial boot­straps and did it them­selves.

This inde­pen­dence not only tends to inspire coop­er­a­tives; it’s a guid­ing prin­ci­ple. The Fourth Coop­er­a­tive Prin­ci­ple, “Auton­o­my and Inde­pen­dence,” means that no mat­ter what con­tracts and alliances York Elec­tric Coop­er­a­tive might enter into, we will always remain an inde­pen­dent enti­ty.

Each year, York Elec­tric’s Annu­al Meet­ing of Mem­bers becomes an inde­pen­dence cel­e­bra­tion. You hear reports from the co-op’s lead­er­ship and, in short order, we take care of co-op busi­ness. We all enjoy that All-Amer­i­can favorite, hot dogs, and have some fun. I would like to take this time to thank those of you who attend­ed this year’s Annu­al Meet­ing. We had 3,038 mem­bers join us at the meet­ing. That’s co-op spir­it for you.

Central Electric Power Cooperative provides wholesale power aggregation services to York Electric and 19 other electric distribution co-ops in South Carolina through purchase agreements with Santee Cooper, Duke Energy Carolinas and other power providers. In early May, York Electric leaders signed a new contract with Central. Shown here are York Electric Board Chairman Charles R. (Dick) Burrell (seated, left) with Central Board Chairman Lawrence J. Hinz. Behind them (from left) are President and CEO Paul Basha and Trustee Paul D. Poston of York Electric and Central President and CEO Ronald J. Calcaterra. Later in May, Central signed a multi-billiondollar, cost-saving extension of an agreement to purchase power from Santee Cooper, the state-owned utility.
Cen­tral Elec­tric Pow­er Coop­er­a­tive pro­vides whole­sale pow­er aggre­ga­tion ser­vices to York Elec­tric and 19 oth­er elec­tric dis­tri­b­u­tion co-ops in South Car­oli­na through pur­chase agree­ments with San­tee Coop­er, Duke Ener­gy Car­oli­nas and oth­er pow­er providers. In ear­ly May, York Elec­tric lead­ers signed a new con­tract with Cen­tral. Shown here are York Elec­tric Board Chair­man Charles R. (Dick) Bur­rell (seat­ed, left) with Cen­tral Board Chair­man Lawrence J. Hinz. Behind them (from left) are Pres­i­dent and CEO Paul Basha and Trustee Paul D. Pos­ton of York Elec­tric and Cen­tral Pres­i­dent and CEO Ronald J. Cal­cater­ra. Lat­er in May, Cen­tral signed a mul­ti-bil­lion­dol­lar, cost-sav­ing exten­sion of an agree­ment to pur­chase pow­er from San­tee Coop­er, the state-owned util­i­ty.

Elec­tric coop­er­a­tives form a vast net­work across the coun­try, from coast to coast. Co-op lines are strung in 47 states, serv­ing 42 mil­lion people—a dif­fer­ent world from 1935, when much of Amer­i­ca remained dark.

This Fourth of July, as we rec­og­nize the hard-fought war that cre­at­ed the Unit­ed States, I’ll also tip my hat to York Elec­tric’s founders, who beat incred­i­ble odds to make life bet­ter for them­selves and their neigh­bors.

We look for­ward to see­ing you again next year at our 73rd Annu­al Meet­ing when we’ll cel­e­brate our co-op’s auton­o­my and inde­pen­dence all over again.

Paul Basha

Paul Basha
Pres­i­dent and Chief Exec­u­tive Offi­cer

c Expand All C Col­lapse All

Annual Meeting FAQ

The annu­al meet­ing is dri­ve-thru, so just stay in the com­fort of your car. YEC employ­ees will be there to help guide you through each step of the process to reg­is­ter and cast your vote.

Cat­e­go­ry: Annu­al Meet­ing FAQ

Yes – the annu­al meet­ing will be held, rain or shine.

Cat­e­go­ry: Annu­al Meet­ing FAQ

The door prize win­ners, includ­ing the grand prize win­ners, will be announced dur­ing the vir­tu­al busi­ness meet­ing. All door prizes that can be mailed will be sent direct­ly to win­ners. If your name is cho­sen we will con­tact you to pro­vide you details about your prize on Mon­day fol­low­ing the annu­al meet­ing.

Cat­e­go­ry: Annu­al Meet­ing FAQ

All oth­er door prizes will be announced dur­ing the vir­tu­al busi­ness meet­ing. Win­ners will be con­tact­ed on Mon­day fol­low­ing the annu­al meet­ing.

Cat­e­go­ry: Annu­al Meet­ing FAQ

Each mem­ber will receive an offi­cial announce­ment in the April South Car­oli­na Liv­ing mag­a­zine, as well as a reg­is­tra­tion post­card. Please keep your reg­is­tra­tion post­card and bring it with you to the annu­al meet­ing.

Cat­e­go­ry: Annu­al Meet­ing FAQ

No park­ing will be avail­able at the annu­al meet­ing because it is com­plete­ly dri­ve-thru.

Cat­e­go­ry: Annu­al Meet­ing FAQ

The can­di­dates for the YEC board of direc­tors elec­tion can be reviewed here.

Cat­e­go­ry: Annu­al Meet­ing FAQ

A sam­ple bal­lot is avail­able to review now.

Cat­e­go­ry: Annu­al Meet­ing FAQ

The Annu­al Meet­ing is a meet­ing of YEC’s mem­bers and a spe­cial occa­sion for mem­bers to par­tic­i­pate in coop­er­a­tive busi­ness and meet their coop­er­a­tive lead­ers and employ­ees. As a demo­c­ra­t­i­cal­ly con­trolled, not-for-prof­it busi­ness, our bylaws indi­cate we host a meet­ing for mem­bers to gath­er and vote on impor­tant mat­ters each year. We’ve adapt­ed the meet­ing to be safe for all and con­ve­nient for you by host­ing reg­is­tra­tion and vot­ing as a dri­ve-thru expe­ri­ence and vir­tu­al busi­ness meet­ing. Each mem­ber who is present and reg­is­ters receives a reg­is­tra­tion gift and will be eli­gi­ble to win door prizes. Most impor­tant­ly, mem­bers can exer­cise their coop­er­a­tive right to vote in the elec­tion for seats on the cooperative’s Board of Trustees. Dur­ing the vir­tu­al busi­ness meet­ing that will be streamed on our web­site and our Face­book page, our Pres­i­dent and CEO, attor­ney, and Board Chair­man will update you on impor­tant Coop­er­a­tive busi­ness and share elec­tion results.

Cat­e­go­ry: Annu­al Meet­ing FAQ

Each mem­ber who attends the annu­al meet­ing and reg­is­ters will receive a $25 pow­er bill cred­it.

Cat­e­go­ry: Annu­al Meet­ing FAQ

Only mem­bers who attend the annu­al meet­ing, pro­vide prop­er iden­ti­fi­ca­tion and their reg­is­tra­tion card are eli­gi­ble to receive a reg­is­tra­tion gift, vote and be entered into the door prize draw­ing. 

Cat­e­go­ry: Annu­al Meet­ing FAQ

YEC has three grand prizes avail­able to win at this year’s annu­al meet­ing. They include a 2014 Ford F‑150 and (2) $500 pow­er bill cred­its. Win­ners will be con­tact­ed on Mon­day fol­low­ing the annu­al meet­ing.

Cat­e­go­ry: Annu­al Meet­ing FAQ

All mem­bers of the coop­er­a­tive are eli­gi­ble to reg­is­ter with a valid pho­to ID and their reg­is­tra­tion card. The reg­is­tra­tion card will be on the front cov­er of your April issue of South Car­oli­na Liv­ing Mag­a­zine.

Cat­e­go­ry: Annu­al Meet­ing FAQ

Yes! After vot­ing and reg­is­ter­ing your atten­dance, cars will have the option to loop through a spe­cial line to receive a bag of free hot dogs, lim­it­ed to one bag per mem­ber­ship. Hot dogs will be avail­able on Sat­ur­day, May 6, begin­ning at 9 a.m., while sup­plies last.

Cat­e­go­ry: Annu­al Meet­ing FAQ

Watch YEC’s 2023 Annu­al Meet­ing will be live-streamed on Face­book and our web­site at 5 p.m. on Sat­ur­day, May 6th.

 
 
Cat­e­go­ry: Annu­al Meet­ing FAQ

The YEC annu­al meet­ing will be held in Fort Mill on Wednes­day, May 3, from 10 a.m. until 2 p.m. at our oper­a­tions cen­ter at 2000 High­way 21, right across from Cap­tain Steve’s, and at our main office, 1385 E. Alexan­der Love Hwy. on Sat­ur­day, May 6 from 7:30 a.m. until 2 p.m. Mem­bers may reg­is­ter and vote at one of these two loca­tions. The vir­tu­al busi­ness meet­ing will be live online Sat­ur­day evening.

Cat­e­go­ry: Annu­al Meet­ing FAQ
Related Links:

2013 Annu­al Meet­ing Slideshow