2017 September/October Craighead Electric Cooperative Corporation Hot Lines Newsletter

www.craigheadelectric.coop

Member Driven • Service Focused • It’s what we do everyday September // October 2017 CECC Newsletter

Lepanto Area Receives Grid Upgrade Construction is now complete on 14 miles of high voltage distribution line out of the new Lepanto substation. First energized this past June, the new circuit now feeds 400 meters and 200 lights in the communities around Caraway, Rivervale, and Lepanto.

All construction was completed within the last year.

Continual improvements to the electric grid increase service reliability for members in these growing communities and all across Northeast Arkansas.

PowerMyWay Prepaid Metering

A more flexible payment option is now available from your electric cooperative.

PowerMyWay prepaid metering allows you to pay in advance for your home’s power the same way that we prepay for most of the goods that we buy. Say goodbye to monthly bills, up-front deposits, disconnection charges, and late fees; all are unnecessary with prepay. Gain the freedom to purchase energy in the way that best suits you.

Learn more about all of our payment options at craigheadelectric. coop.

ELECTRICITY REMAINS A GOOD VALUE

The cost of powering your home rises at a slower pace than many of your typical expenses. Compare the average price increase of these expenses each year over the last five years, and the value of electricity shines.

Average Annual Price Increase 2011-2016 Percent

4.0 3.5

3.4%

3.3%

3.0

3%

2.5 2.0 1.5

1%

1.0 0.5 0

Education

Rent

Medical Care

Electricity

Sources: U.S. Bureau of Labor Statistics Consumer Price Index 4314 S TA D I U M B O U L E VA R D

P. O . B O X 7 5 0 3

JONESBORO, ARKANSAS 72403

800.794.5012

CRAIGHEAD ELECTRIC IS AN EQUAL OPPORTUNITY PROVIDER & EMPLOYER

870.932.8301

September // October 2017 CECC Newsletter

Craighead Electric Cooperative Observing National Co-op Month

Craighead Electric is joining thousands of cooperatives nationwide in October to celebrate National Co-op Month, which recognizes the many ways cooperatives are committed to strengthening the local communities they serve. “Co-ops Commit” is the theme for this year’s celebration, spotlighting the countless ways cooperatives meet the needs of their members and communities.

“Our cooperative delivers electricity to 30,000 member-owners in our eight-county service area of Arkansas,” says Brian Duncan CEO. “Delivering safe, reliable, affordable power is our top priority, but we are also invested in our communities because we are locally owned and operated. Revenue generated by Craighead Electric goes back to main street, not Wall Street.”

Rural America is served by a network of about 1,000 electric cooperatives, most of which were formed in the 1930s and 40s to bring electricity to farms and rural communities that large, investor-owned power companies had no interest in serving because of the higher costs involved in providing electricity to low-population and low-density areas.

In addition to providing the vital power co-op members depend on, Craighead Electric provides electrical safety demonstrations, energy audits, efficiency education, weatherization loans, and the Arkansas Living Magazine to all it’s members. We participate in the Cooperative Youth Tour, Polar Bear Plunge, local Chambers of Commerce, as well as employ 100 people in Northeast Arkansas.

To celebrate National Co-op Month, Craighead Electric will be hosting three Member Appreciation Days in October. Join us on Monday, October 9th, 16th, and 23rd for refreshments and giveaways at all three of our office locations in Jonesboro, Paragould, and Walnut Ridge.

Follow #CoopMonth on Facebook and Twitter to see how co-ops across the country are celebrating National Co-op Month.

4314 S TA D I U M B O U L E VA R D

P. O . B O X 7 5 0 3

JONESBORO, ARKANSAS 72403

FACEBOOK.COM/CRAIGHEADELECTRICCOOP

800.794.5012

TWITTER.COM/CRAIGHEADCOOP

870.932.8301