C & L Electric Cooperative edition
C & L Refunds nearly $700,000 of Capital Credits to Members C & L Electric Cooperative’s General Manager/CEO is pleased to announce that the Board of Directors has authorized the refund of thirty percent of the remaining 1996 capital credits. The checks will be mailed after May 15, 2017. Your capital credit is the amount you pay for electricity in excess of the cost to the cooperative in providing your service. The capital accumulates and when the financial condition of the cooperative so permits, refunds are made. Your directors make this determination. Each year the cooperative mails a statement notifying you of the amount of capital furnished by you the previous year. Refunds are made in order of priority according to the year in which the capital was paid—the capital first received being the first refunded. C & L has refunded all capital credited through 1995. When members receive $ 693,164.00 in refunds in May, over 14 million dollars will have been refunded to members, since the cooperative’s beginning. The Board of Directors and Management of C & L Electric Cooperative are proud of the fact that the Cooperative is able to return Capital Credit payments. They make every effort to continue furnishing dependable service at the lowest possible cost. This is another advantage of being a consumer member of C & L Electric Cooperative Corporation. • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
This May, take the time to plug into safety We all depend on electricity to power our lives, but accidents can happen when electricity is improperly used. Because May is Electrical Safety Month, I’d like to take a moment to reflect on the importance of safety.
Our responsibility to you Our concern for safety extends beyond our employees. We care deeply about the safety of our members, and this month, we encourage you to plug into safety. According to the Electrical Safety Foundation International, thousands of people in the U.S. are critically injured and electrocuted as a result of electrical fires, accidents and electrocution in their own homes. We are committed to safety education in our local communities through such programs as Making Accidents Disappear by Scott Davis, a Hot Springsbased magician, who performs numerous electrical safety “magic” shows for elementary school Magician Scott Davis, performing his electrical safety “magic” show at an children each year. elementary school.
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MAY 2017
C & L ELECTRIC COOPERATIVE
We frequently provide electrical safety content in Arkansas Living, as well as on our website and through social media. We encourage the public to contact us if they see a downed power line or any other type of dangerous electrical situation. We strive to provide our communities with safe, reliable and affordable electricity and to serve as your trusted energy advisor, now and well into the future.
Our responsibility to employees It is no accident that safety is a top priority at C & L Electric Cooperative Corporation. We are committed to a culture of safety that is integral to our daily operations. In fact, C & L Electric Cooperative is part of the Rural Electric Safety Achievement Program (RESAP) that follows specific guidelines and protocols for electrical safety that are considered leading practices. Our linemen are required to wear personal protective equipment at all times when on the job. This includes special fire-resistant clothing that will self-extinguish, limiting potential injuries from burns and sparks. Insulated and rubber gloves are worn in tandem to protect from electrical shock. Our safety team regularly discusses important safety issues pertaining to work within the building as well as out in the field. We hope this month you will take a moment to plug into safety. Please visit www.esfi.org for tips about how to keep you and your loved ones safe.