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Co-op A’s to your Q’s Where do we get the power we distribute to members?

Paul Basha, YEC President and Chief Executive Officer
Paul Basha, Pres­i­dent and Chief Exec­u­tive Offi­cer

A good ques­tion came up recent­ly on York Elec­tric’s Face­book page: Where does YEC get the pow­er it dis­trib­utes to mem­bers?

A mem­ber queried us in late Feb­ru­ary, on a day when we had approx­i­mate­ly 500 mem­bers with­out elec­tric­i­ty due to a Duke Ener­gy trans­mis­sion prob­lem. As we told our fol­low­ers on Facebook—which, by the way, is a great way to com­mu­ni­cate with mem­bers in real time—we worked with Duke Ener­gy to resolve the issue as soon as pos­si­ble.

Some mem­bers thought that YEC only pur­chas­es pow­er from Duke Ener­gy. We actu­al­ly have a long-stand­ing rela­tion­ship with the investor-owned pow­er com­pa­ny, as well as anoth­er pow­er provider, the state-owned util­i­ty San­tee Coop­er.

Long-standing ties

The South Car­oli­na Pub­lic Ser­vice Author­i­ty, as San­tee Coop­er is for­mal­ly known, is now our chief pow­er provider. YEC and the oth­er 19 inde­pen­dent, con­sumer-owned dis­tri­b­u­tion co-ops in South Car­oli­na con­sti­tute San­tee Coop­er’s largest cus­tomer. The 20 dis­tri­b­u­tion co-ops co-own a pow­er sup­ply aggre­ga­tor, Cen­tral Elec­tric Pow­er Coop­er­a­tive, head­quar­tered in Colum­bia. Cen­tral has the whole­sale sup­ply con­tract with San­tee Coop­er, a long-term con­tract designed to hold down pow­er costs and ensure we have reli­able, afford­able elec­tric­i­ty for our mem­bers for the fore­see­able future.

Through Cen­tral, the 20 co-ops also con­tract with Duke Ener­gy to pur­chase approx­i­mate­ly 25 per­cent of their pow­er. Pre­vi­ous­ly, before San­tee Coop­er was able to pro­vide pow­er to all of South Car­oli­na, YEC and four oth­er Upstate co-ops pur­chased most of our pow­er from Duke. So, our ties to Duke’s sys­tem are long-stand­ing.

No, YEC does not gen­er­ate pow­er. Nev­er has. Our job for the last 74 years has been to dis­trib­ute pow­er to com­mu­ni­ties where oth­er util­i­ties could not rea­son­ably serve and make a prof­it.

Up to the task

Today, South Car­oli­na’s 20 elec­tric co-ops serve more than 739,000 accounts in the state—more than 1.5 mil­lion cit­i­zens. As a group, co-ops serve more S.C. con­sumers than any oth­er util­i­ty. No longer strict­ly rur­al, we serve homes, busi­ness­es and indus­tries most­ly in sub­urbs, small towns as well as rur­al areas.

Co-ops build and main­tain three times the miles of pow­er line of any oth­er util­i­ty. Our dis­tri­b­u­tion sys­tems cov­er 70 per­cent of the state’s land area with more than 72,000 miles of pow­er line. Co-ops off­set the expense of main­tain­ing their sys­tems by oper­at­ing on a not-for-prof­it, costof- ser­vice basis. Sav­ings gained by elim­i­nat­ing prof­its are passed on to mem­bers in the form of cap­i­tal cred­its.

If that seems like a com­pli­cat­ed answer to a sim­ple ques­tion, please under­stand that the job of deliv­er­ing elec­tric­i­ty to almost 49,000 accounts over 3,600 miles of line is, by its nature, a com­plex task. We have con­sis­tent­ly proven we’re up to the job for almost 75 years. We look for­ward to anoth­er 75.

 

Paul Basha

Paul Basha
Pres­i­dent and Chief Exec­u­tive Offi­cer

Relat­ed Top­ics:
Fre­quent­ly Asked Ques­tions