Affordable, innovative and member-focused

YEC’s goal is to serve you well!

From the dawn of their exis­tence, coop­er­a­tives have been char­ac­ter­ized as “large enough to serve you; small enough to know you.” I believe that’s an apt descrip­tion of YEC. As your Touch­stone Ener­gy part­ner, we stand with hun­dreds of coop­er­a­tives nation­wide in ded­i­ca­tion to our guid­ing prin­ci­ple: mem­bers first. YEC pos­sess­es the per­son­nel, facil­i­ties, equip­ment and mis­sion to ensure that our mem­bers are served well!

This year, we will serve you well by con­tin­u­ing to invest time and resources in our local com­mu­ni­ties through strong eco­nom­ic devel­op­ment lead­er­ship and oth­er ini­tia­tives, by striv­ing to keep rates sta­ble and afford­able, and by main­tain­ing and imple­ment­ing tech­nolo­gies to increase ser­vice, secu­ri­ty, reli­a­bil­i­ty and effi­cien­cy.

Dawn­ing soon

In response to mem­ber inter­est, YEC will con­tin­ue to devel­op our com­mu­ni­ty solar farm project by build­ing a sec­ond farm and secur­ing a site for a third loca­tion. We will also intro­duce a new Beat the Peak pro­gram, a free and vol­un­tary effort to help con­trol ener­gy costs for coop­er­a­tive mem­bers.

Look for the details in future issues South Car­oli­na Liv­ing mag­a­zine.

Mem­ber ben­e­fits

One of the many ben­e­fits of being a mem­ber of YEC involves the allo­ca­tion of excess rev­enue, called mar­gins, in the form of cap­i­tal cred­its. I am pleased to announce that YEC will return $1.3 mil­lion, the largest amount in our his­to­ry, to our mem­bers in May.

Save the date

Please high­light Sat­ur­day, May 13, on your 2017 cal­en­dar and plan to attend our 76th Annu­al Meet­ing. Our employ­ees are already in the process of plan­ning a fun-filled day, and a $15 pow­er bill cred­it has been reserved for all mem­bers who reg­is­ter. The meet­ing gives us the oppor­tu­ni­ty to get to know you bet­ter, and you just might win the grand prize! Please review the Annu­al Meet­ing bylaw excerpts below per­tain­ing to nom­i­na­tions of trustees, and let us know if you have any ques­tions.

As always, we remain anchored to the Touch­stone Ener­gy core val­ues: integri­ty, account­abil­i­ty, inno­va­tion and com­mit­ment to com­mu­ni­ty, and look for­ward to pro­vid­ing you with the best we have to offer in 2017.

Bylaw excerpts—Article IV Trustees,
Section 4.06 Nominations

Not less than nine­ty (90) days pri­or to the meet­ing, nom­i­na­tions may be made by twen­ty-five (25) or more mem­bers of the coop­er­a­tive in writ­ing over their sig­na­tures on an explic­it peti­tion doc­u­ment list­ing their nominee(s) in like man­ner. This doc­u­ment must be obtained from the coop­er­a­tive no more than one hun­dred twen­ty (120) days pri­or to the Annu­al Meet­ing and must be spe­cif­ic to each dis­trict. In addi­tion to the required peti­tion, can­di­dates must attend a Board-devel­oped edu­ca­tion­al pro­gram on Coop­er­a­tive his­to­ry, oper­a­tions and gov­er­nance not less than six­ty (60) days pri­or to the next Annu­al Meet­ing, or have a min­i­mum of three (3) years of ser­vice as an elec­tric coop­er­a­tive Trustee. The edu­ca­tion­al require­ment will be offered at the Coop­er­a­tive on two (2) spec­i­fied dates pri­or to the Annu­al Meet­ing.

The Sec­re­tary shall mail to the mem­bers with the notice of the meet­ing, or sep­a­rate­ly, but at least ten (10) days pri­or to the date of the meet­ing, a com­plete state­ment of the names and address­es of all nom­i­nees for each Trustee Dis­trict from or with respect to which one or more Trustees must be elect­ed, show­ing clear­ly those who have com­plet­ed the edu­ca­tion­al require­ment and those who have com­plet­ed a min­i­mum of three (3) years of ser­vice as an elec­tric coop­er­a­tive Trustee.

The Sec­re­tary shall post in like man­ner such nom­i­na­tions at the Coop­er­a­tive offices six­ty (60) days pri­or to the next Annu­al Meet­ing.