2015 Board of Directors Election Candidate Information Board candidates assume all responsibility for content submitted to PEC, which appears exactly as submitted. PEC takes no position on issues and expresses no preference for any candidates. Director District 6 Board Position: Director District 6 Larry Landaker Town: Wimberley It really does matter who serves on the Pedernales Electric Cooperative Board. PEC makes all kinds of decisions that affect how much we pay and the kind of services we receive for our money. When considering who should sit on the PEC board, members have every right to ask, “What’s in it for me?” Since being elected to the PEC Board in 2009 I have cast dozens of votes. Before each vote, a little voice in my head reminds me to ask a few simple questions. Does this put our members first? Is it fair to all? Can it help lower rates and make our service and reliability the best in the nation? Because, at the end of the day, what our members want most is safe, reliable service at a fair price. It has been the privilege of my life to serve on the PEC Board. I ran as a reform candidate in 2009 and was re-elected in 2012. I have served as board President and Secretary-Treasurer. Since being elected, we have helped to restore the public trust and respect for PEC. Our open governance has become a model for the cooperative world to follow. We have twice lowered rates, increased the amount we pay members who produce their own surplus and wind generation, returned over $68 million in capital credits, reduced operating costs and maintained and strengthened PEC’s performance standards. PEC’s service and reliability ranks in the top 10% in the industry! Because you are a member-owner, you have a business interest in PEC. You need a board that is protecting those ownership interests. You have every right to expect PEC to maintain a solid financial position at all times. You should expect consistent, clean audits by accredited accounting firms every year. You should expect that the member equity (expressed as a percent of assets) meets the industry benchmark of 35% or better. All of these goals have been achieved. As a PEC director, I believe in giving back to the communities we serve. In a typical year we provide contributions to eligible scholarships, charities, firefighters, EMS, police, and libraries to mention a few. Giving back is a core cooperative principle and one that that separates us from investor owned utilities. We are fortunate to have the best employees in the world! They are dedicated, skilled and hard-working under the best and worst conditions. They deserve to have the tools and support needed to do their jobs. I am proud to stand behind them. Finally, I believe you should know that the best is yet to come. You will soon have more choices to help manage your energy costs. I will push hard for a time of use rate—a choice that will enable you, for example, to save money by washing your clothes at 9pm vs 5pm. Watch for mobile apps, online outage maps and pre-paid billing options. Look for exciting things in renewable energy. The PEC board recently passed a landmark resolution. It holds the promise for on-bill financing which will provide convenient access to low-interest rates for residential and commercial members wishing to deploy distributed generation systems. I love living in the Texas Hill Country. Wimberley and PEC country have been my home since 2001. I am most at peace when I am hiking the many trails and breathing the fresh air of our great outdoors. Preserving our water and the natural resources of our beloved state are my priorities both inside and outside my duties on the PEC board. It has been an honor to serve you and I would appreciate your continued support. Experience: • 26 years as a broadcast television executive, managing complex business, sales and station operations with bottom line accountability • Texas licensed Realtor since 2004; affiliated with Keller Williams Realty • Board member, PEC; elected 2009 and re-elected 2012. Past President and Secretary-Treasurer Education: • B.S. and M.S. degrees • NRECA Board certified cooperative director Affiliations: • Member: Austin Board of Realtors, Texas Association of Realtors and National Association of Realtors • Member: Wimberley Valley Water Association, Wimberley Institute of Cultures (WIC) and supporter of Citizens Alliance for Responsible Development (CARD)