Since 1999 Salem Electric has partnered with the Mid Willamette Watershed Alliance by offering Salem Electric members the opportunity to donate through our Habitat Improvement Program (HIP). HIP allows members to make automatic monthly or one-time donations through their Salem Electric bill (pledges can be cancelled at any time). Salem Electric sends contributions to the Alliance (a 501c3 organization), which assigns donations collected in Marion County to Claggett Creek projects and Polk County donations to the GlennGibson Creek Watershed Council. In their recent 2013 –14 annual report the Council complimented Salem Electric members for their contribution to conservation efforts saying: “The Salem Electric HIP funds were used to match the Gehlar Audubon site grant and to maintain the Oak Savanna Project. The contributions from Salem Electric patrons is greatly appreciated and used to help the efforts of the council to make West Salem a better place.” With regard to the new Wallace Marine Park Rain Garden, the report said: “Matched with Salem Electric Habitat Improvement Program (HIP) Funds, the rain garden was placed in an area highly visible from the railroad bridge walking path. The rain garden was accompanied by three interpretive signs to highlight the importance of the Wallace Marine Park Rain Garden…” We think it’s cool to be HIP. If you want to donate to HIP, fill out the information below and return it to Salem Electric or, for more information, visit our website at: salemelectric.com. A ✃ Improving Habitats The Salem Electric Habitat Improvement Program passes along member contributions to the Glenn-Gibson and Claggett Creek watersheds. If you want to help, please complete the information below and return it to Salem Electric. 4 Yes, I want to help restore our local native fish and wildlife habitat. I pledge the amount shown as my monthly donation with the understanding that my pledge will be itemized each month on my Salem Electric bill. I understand that this is a voluntary program that I may cancel at any time and that my name and address will only be given to the Mid Willamette Watershed Alliance for the sole purpose of sending me project information. MEMBER NAME:_________________________________________________________________ BUSINESS NAME:________________________________________________________________ From a director… Habitat Improvement Program VAN METER, Director Commitment I to Communities n December 2003, I submitted my name for a vacant position on the Salem Electric board due to the resignation of a board member. After the interview process I was appointed to the board in January 2004. At that time I was quite familiar with Salem Electric. I had done work for a contractor who was hired in the 1970s to provide undergrounding services for Salem Electric. Salem Electric had also been my electricity provider since 1972 (with a four year gap in the early 1980s). What I wasn’t as familiar with was what cooperatives stand for. Since serving on our co-op board for over 10 years I’ve had the opportunity to learn a lot more about co-ops. Early in my board career I made the commitment to graduate from the National Rural Electric Cooperative Association’s Credentialed Director and Board Leadership programs. Through these programs and other training opportunities it’s been reinforced to me that electric co-ops — private, independent, non-profit corporations, are here to provide safe, reliable power, at cost, to their members. More than that, I’ve come to better understand and appreciate Salem Electric’s commitment to the communities it serves. Whether through financial contributions or sponsorships, partnerships, or the donation of time or materials, Salem Electric supports the communities and schools it serves and encourages its employees to also be involved in those same communities. October is National Co-op Month. The next time you flip the light switch, turn on your computer or television, or open your refrigerator door, think about the dedicated employees of the over 900 electric co-ops throughout the United States that serve over 42 million people in 47 states — one of which is you. A ______________________ FOR OFFICE USE _____________________________________________ ACCOUNT NUMBER _____________________________________________ VERIFICATION MAILED RECOMMENDED CONTRIBUTIONS Please check appropriate boxes: nResidential: $5 monthly n Small Commercial: $10 monthly n Large Commercial: $100 monthly STREET ADDRESS:________________________________________________________________ nIndustrial: $500 monthly HOME PHONE: ___________________________ CELL: _________________________________ nOther: $___________ n Monthly n One-time E-MAIL:_________________________________________________________________________ SIGNATURE:_____________________________________________ DATE:__________________ OCTOBER 2014 OCTOBER 2014 S A L EM EL EC TRIC • PO BO X 5588 • 633 S EV EN TH S TREET N W • S A L EM , O R 97304-0055 PH: 503 362-3601 • FAX: 503 371-2956 • E-MAIL: [email protected] • salemelectric.com Printed on recycled paper with soy-based ink. We Like News & Information about your member-owned utility Being Different S ince 1930, October has been recognized as National Cooperative Month. As an electric cooperative we share the seven cooperative principles that all co-ops follow. Cooperatives are recognized for the qualities that make the business model unique: local democratic control, commitment to supporting the communities they serve, and the return of margins (co-op term for profits) back to members in the form of capital credits when the financial condition allows. Cooperatives are different, and we like being different. As a co-op, we’re obligated to provide reliable, affordable and safe electricity, but co-ops take it a step further — we also have a responsibility to support our members, enrich area schools, and enhance the communities we serve. Salem Electric is proud to be part of America’s cooperative network which employs more than 850,000 people. Across the nation 29,000 co-ops and credit unions generate $74 billion in annual wages and nearly $500 billion in revenue. Salem Electric is one of more than 900 electric cooperatives serving over 42 million people in 47 states. We base our business decisions on our five main goals: 4 Financial Integrity 7 Cooperative Principles In addition to our five goals, we also follow these seven cooperative principles: Voluntary & Open Membership Democratic Member Control Members’ Economic Participation 4 Reliable Service Autonomy and Independence 4 Good Customer Relations Education, Training 4 Good Employee Relations & Information Cooperation among 4 Low Rates Cooperatives Safety is always Salem Electric’s number one goal. A Concern for Community Choices Incandescent, compact fluorescent, LED…you would think buying a light bulb would be fairly simple, but there are so many options. The first thing most people consider is bulb wattage, but with a variety of bulb types available you should also consider the lumens (which tell you how much light output is produced) and the color of the light being produced. Light color is determined by the Board Meeting Summary Choices, Choices, from August 26, 2014 Alicia Bonesteele Secretary/Treasurer FROM YOUR BOARD OF DIRECTORS Lack of Growth: Over the last six years Salem Electric’s kWh sales have averaged 0.2% growth. Low growth can be attributed to the economy, our investment in energy conservation, and the fact that there is minimal land left in SE’s service area available for development. Information & The board was provided with an illustration and explanation of Technology: the similarities between the path the Internet uses and the electric transmission and distribution system used by Salem Electric. Read Due to a relay failure, Read Substation which serves 1,986 members in Substation: the Keizer and North Salem areas, has been offline since August 16, 2014. Fortunately Salem Electric’s system design permitted a quick rerouting of the service for these members by switching them to other substations. Read Substation will remain de-energized until repairs are completed. Fluorescent Tube The four-foot fluorescent tube has evolved over the years from a 1-1/2” Evolution: diameter T-12 tube (40-watt) to a 1” diameter T-8 tube (32-watt) to a 1” diameter LED tube (15-watt). The lamp life has also improved from 10,000 hours for a T-12 to 50,000 hours for LED lamps. Kelvin rating; the higher the number the whiter the light. 2700K is a warm color (similar to incandescents), 3100K is a soft neutral, and 4100 –5100K is a cool bluishwhite color. Another important factor is the life of the bulb; longer life means a more cost-effective purchase. The table below compares different technologies to a standard 60-watt incandescent light bulb. A Presented by: Hydro Benefits: The benefits of the Columbia River Power System were presented through videos produced by the Northwest River Partner’s CleanHydro Campaign. CleanHydro promotes the value of the system’s dams relating to agriculture, commerce, irrigation, recreation, and flood control. More information is available by visiting cleanhydro.com. BOARD OF DIRECTORS UPCOMING BOARD MEETINGS October 28 November 25 Jerry Berger President December 17 Joe Van Meter Vice-President Alicia Bonesteele Secretary/Treasurer Jeff Anderson Dave Bauer Carl Beach Paul Ennor All board meetings are held at 7 PM at Salem Electric, 633 Seventh Street NW, Salem, Oregon Wattage Lumens Per Watt Lifetime (Hours) Standard Incandescent 60-watt 13.5 750 –1,000 Energy-Saving Incandescent 47-watt 17 1,000 – 4,000 Compact Fluorescent 15-watt 65 8,000 –10,000 Light Emitting Diode 10-watt 75 25,000 –50,000 (LED cool white) SALEM ELECTRIC INFO BULLETIN 503 362- 3601 Congratulations sa le me le c t ric .c o m Ben Hardwick, hired in August 2008 as a groundman, achieved journeyman lineman status in September 2014 after completing the Salem Electric Line Apprenticeship Program. The program, recognized by the Oregon Bureau of Labor and Industries, includes 6,000 hours of on-the-job training in various areas of line work. In addition, apprentices are required to attend 144 hours of related training annually over three years to meet the program’s classroom requirements. Apprentices are evaluated in six-month intervals by a committee made up of the crew foremen, leadman, line superintendent, and engineering & operations manager. I’m not only a Special Services Representative flag traffic when we install holiday decorations and spring banners I also Britni, serving you since 2003 OCTOBER 2014 SALEM ELECTRIC INFO BULLETIN Since 1999 Salem Electric has partnered with the Mid Willamette Watershed Alliance by offering Salem Electric members the opportunity to donate through our Habitat Improvement Program (HIP). HIP allows members to make automatic monthly or one-time donations through their Salem Electric bill (pledges can be cancelled at any time). Salem Electric sends contributions to the Alliance (a 501c3 organization), which assigns donations collected in Marion County to Claggett Creek projects and Polk County donations to the GlennGibson Creek Watershed Council. In their recent 2013 –14 annual report the Council complimented Salem Electric members for their contribution to conservation efforts saying: “The Salem Electric HIP funds were used to match the Gehlar Audubon site grant and to maintain the Oak Savanna Project. The contributions from Salem Electric patrons is greatly appreciated and used to help the efforts of the council to make West Salem a better place.” With regard to the new Wallace Marine Park Rain Garden, the report said: “Matched with Salem Electric Habitat Improvement Program (HIP) Funds, the rain garden was placed in an area highly visible from the railroad bridge walking path. The rain garden was accompanied by three interpretive signs to highlight the importance of the Wallace Marine Park Rain Garden…” We think it’s cool to be HIP. If you want to donate to HIP, fill out the information below and return it to Salem Electric or, for more information, visit our website at: salemelectric.com. A ✃ Improving Habitats The Salem Electric Habitat Improvement Program passes along member contributions to the Glenn-Gibson and Claggett Creek watersheds. If you want to help, please complete the information below and return it to Salem Electric. 4 Yes, I want to help restore our local native fish and wildlife habitat. I pledge the amount shown as my monthly donation with the understanding that my pledge will be itemized each month on my Salem Electric bill. I understand that this is a voluntary program that I may cancel at any time and that my name and address will only be given to the Mid Willamette Watershed Alliance for the sole purpose of sending me project information. MEMBER NAME:_________________________________________________________________ BUSINESS NAME:________________________________________________________________ From a director… Habitat Improvement Program VAN METER, Director Commitment I to Communities n December 2003, I submitted my name for a vacant position on the Salem Electric board due to the resignation of a board member. After the interview process I was appointed to the board in January 2004. At that time I was quite familiar with Salem Electric. I had done work for a contractor who was hired in the 1970s to provide undergrounding services for Salem Electric. Salem Electric had also been my electricity provider since 1972 (with a four year gap in the early 1980s). What I wasn’t as familiar with was what cooperatives stand for. Since serving on our co-op board for over 10 years I’ve had the opportunity to learn a lot more about co-ops. Early in my board career I made the commitment to graduate from the National Rural Electric Cooperative Association’s Credentialed Director and Board Leadership programs. Through these programs and other training opportunities it’s been reinforced to me that electric co-ops — private, independent, non-profit corporations, are here to provide safe, reliable power, at cost, to their members. More than that, I’ve come to better understand and appreciate Salem Electric’s commitment to the communities it serves. Whether through financial contributions or sponsorships, partnerships, or the donation of time or materials, Salem Electric supports the communities and schools it serves and encourages its employees to also be involved in those same communities. October is National Co-op Month. The next time you flip the light switch, turn on your computer or television, or open your refrigerator door, think about the dedicated employees of the over 900 electric co-ops throughout the United States that serve over 42 million people in 47 states — one of which is you. A ______________________ FOR OFFICE USE _____________________________________________ ACCOUNT NUMBER _____________________________________________ VERIFICATION MAILED RECOMMENDED CONTRIBUTIONS Please check appropriate boxes: nResidential: $5 monthly n Small Commercial: $10 monthly n Large Commercial: $100 monthly STREET ADDRESS:________________________________________________________________ nIndustrial: $500 monthly HOME PHONE: ___________________________ CELL: _________________________________ nOther: $___________ n Monthly n One-time E-MAIL:_________________________________________________________________________ SIGNATURE:_____________________________________________ DATE:__________________ OCTOBER 2014 OCTOBER 2014 S A L EM EL EC TRIC • PO BO X 5588 • 633 S EV EN TH S TREET N W • S A L EM , O R 97304-0055 PH: 503 362-3601 • FAX: 503 371-2956 • E-MAIL: [email protected] • salemelectric.com Printed on recycled paper with soy-based ink. We Like News & Information about your member-owned utility Being Different S ince 1930, October has been recognized as National Cooperative Month. As an electric cooperative we share the seven cooperative principles that all co-ops follow. Cooperatives are recognized for the qualities that make the business model unique: local democratic control, commitment to supporting the communities they serve, and the return of margins (co-op term for profits) back to members in the form of capital credits when the financial condition allows. Cooperatives are different, and we like being different. As a co-op, we’re obligated to provide reliable, affordable and safe electricity, but co-ops take it a step further — we also have a responsibility to support our members, enrich area schools, and enhance the communities we serve. Salem Electric is proud to be part of America’s cooperative network which employs more than 850,000 people. Across the nation 29,000 co-ops and credit unions generate $74 billion in annual wages and nearly $500 billion in revenue. Salem Electric is one of more than 900 electric cooperatives serving over 42 million people in 47 states. We base our business decisions on our five main goals: 4 Financial Integrity 7 Cooperative Principles In addition to our five goals, we also follow these seven cooperative principles: Voluntary & Open Membership Democratic Member Control Members’ Economic Participation 4 Reliable Service Autonomy and Independence 4 Good Customer Relations Education, Training 4 Good Employee Relations & Information Cooperation among 4 Low Rates Cooperatives Safety is always Salem Electric’s number one goal. A Concern for Community Choices Incandescent, compact fluorescent, LED…you would think buying a light bulb would be fairly simple, but there are so many options. The first thing most people consider is bulb wattage, but with a variety of bulb types available you should also consider the lumens (which tell you how much light output is produced) and the color of the light being produced. Light color is determined by the Board Meeting Summary Choices, Choices, from August 26, 2014 Alicia Bonesteele Secretary/Treasurer FROM YOUR BOARD OF DIRECTORS Lack of Growth: Over the last six years Salem Electric’s kWh sales have averaged 0.2% growth. Low growth can be attributed to the economy, our investment in energy conservation, and the fact that there is minimal land left in SE’s service area available for development. Information & The board was provided with an illustration and explanation of Technology: the similarities between the path the Internet uses and the electric transmission and distribution system used by Salem Electric. Read Due to a relay failure, Read Substation which serves 1,986 members in Substation: the Keizer and North Salem areas, has been offline since August 16, 2014. Fortunately Salem Electric’s system design permitted a quick rerouting of the service for these members by switching them to other substations. Read Substation will remain de-energized until repairs are completed. Fluorescent Tube The four-foot fluorescent tube has evolved over the years from a 1-1/2” Evolution: diameter T-12 tube (40-watt) to a 1” diameter T-8 tube (32-watt) to a 1” diameter LED tube (15-watt). The lamp life has also improved from 10,000 hours for a T-12 to 50,000 hours for LED lamps. Kelvin rating; the higher the number the whiter the light. 2700K is a warm color (similar to incandescents), 3100K is a soft neutral, and 4100 –5100K is a cool bluishwhite color. Another important factor is the life of the bulb; longer life means a more cost-effective purchase. The table below compares different technologies to a standard 60-watt incandescent light bulb. A Presented by: Hydro Benefits: The benefits of the Columbia River Power System were presented through videos produced by the Northwest River Partner’s CleanHydro Campaign. CleanHydro promotes the value of the system’s dams relating to agriculture, commerce, irrigation, recreation, and flood control. More information is available by visiting cleanhydro.com. BOARD OF DIRECTORS UPCOMING BOARD MEETINGS October 28 November 25 Jerry Berger President December 17 Joe Van Meter Vice-President Alicia Bonesteele Secretary/Treasurer Jeff Anderson Dave Bauer Carl Beach Paul Ennor All board meetings are held at 7 PM at Salem Electric, 633 Seventh Street NW, Salem, Oregon Wattage Lumens Per Watt Lifetime (Hours) Standard Incandescent 60-watt 13.5 750 –1,000 Energy-Saving Incandescent 47-watt 17 1,000 – 4,000 Compact Fluorescent 15-watt 65 8,000 –10,000 Light Emitting Diode 10-watt 75 25,000 –50,000 (LED cool white) SALEM ELECTRIC INFO BULLETIN 503 362- 3601 Congratulations sa le me le c t ric .c o m Ben Hardwick, hired in August 2008 as a groundman, achieved journeyman lineman status in September 2014 after completing the Salem Electric Line Apprenticeship Program. The program, recognized by the Oregon Bureau of Labor and Industries, includes 6,000 hours of on-the-job training in various areas of line work. In addition, apprentices are required to attend 144 hours of related training annually over three years to meet the program’s classroom requirements. Apprentices are evaluated in six-month intervals by a committee made up of the crew foremen, leadman, line superintendent, and engineering & operations manager. I’m not only a Special Services Representative flag traffic when we install holiday decorations and spring banners I also Britni, serving you since 2003 OCTOBER 2014 SALEM ELECTRIC INFO BULLETIN Choices Incandescent, compact fluorescent, LED…you would think buying a light bulb would be fairly simple, but there are so many options. The first thing most people consider is bulb wattage, but with a variety of bulb types available you should also consider the lumens (which tell you how much light output is produced) and the color of the light being produced. Light color is determined by the Board Meeting Summary Choices, Choices, from August 26, 2014 Alicia Bonesteele Secretary/Treasurer FROM YOUR BOARD OF DIRECTORS Lack of Growth: Over the last six years Salem Electric’s kWh sales have averaged 0.2% growth. Low growth can be attributed to the economy, our investment in energy conservation, and the fact that there is minimal land left in SE’s service area available for development. Information & The board was provided with an illustration and explanation of Technology: the similarities between the path the Internet uses and the electric transmission and distribution system used by Salem Electric. Read Due to a relay failure, Read Substation which serves 1,986 members in Substation: the Keizer and North Salem areas, has been offline since August 16, 2014. Fortunately Salem Electric’s system design permitted a quick rerouting of the service for these members by switching them to other substations. Read Substation will remain de-energized until repairs are completed. Fluorescent Tube The four-foot fluorescent tube has evolved over the years from a 1-1/2” Evolution: diameter T-12 tube (40-watt) to a 1” diameter T-8 tube (32-watt) to a 1” diameter LED tube (15-watt). The lamp life has also improved from 10,000 hours for a T-12 to 50,000 hours for LED lamps. Kelvin rating; the higher the number the whiter the light. 2700K is a warm color (similar to incandescents), 3100K is a soft neutral, and 4100 –5100K is a cool bluishwhite color. Another important factor is the life of the bulb; longer life means a more cost-effective purchase. The table below compares different technologies to a standard 60-watt incandescent light bulb. A Presented by: Hydro Benefits: The benefits of the Columbia River Power System were presented through videos produced by the Northwest River Partner’s CleanHydro Campaign. CleanHydro promotes the value of the system’s dams relating to agriculture, commerce, irrigation, recreation, and flood control. More information is available by visiting cleanhydro.com. BOARD OF DIRECTORS UPCOMING BOARD MEETINGS October 28 November 25 Jerry Berger President December 17 Joe Van Meter Vice-President Alicia Bonesteele Secretary/Treasurer Jeff Anderson Dave Bauer Carl Beach Paul Ennor All board meetings are held at 7 PM at Salem Electric, 633 Seventh Street NW, Salem, Oregon Wattage Lumens Per Watt Lifetime (Hours) Standard Incandescent 60-watt 13.5 750 –1,000 Energy-Saving Incandescent 47-watt 17 1,000 – 4,000 Compact Fluorescent 15-watt 65 8,000 –10,000 Light Emitting Diode 10-watt 75 25,000 –50,000 (LED cool white) SALEM ELECTRIC INFO BULLETIN 503 362- 3601 Congratulations sa le me le c t ric .c o m Ben Hardwick, hired in August 2008 as a groundman, achieved journeyman lineman status in September 2014 after completing the Salem Electric Line Apprenticeship Program. The program, recognized by the Oregon Bureau of Labor and Industries, includes 6,000 hours of on-the-job training in various areas of line work. In addition, apprentices are required to attend 144 hours of related training annually over three years to meet the program’s classroom requirements. Apprentices are evaluated in six-month intervals by a committee made up of the crew foremen, leadman, line superintendent, and engineering & operations manager. I’m not only a Special Services Representative flag traffic when we install holiday decorations and spring banners I also Britni, serving you since 2003 OCTOBER 2014 SALEM ELECTRIC INFO BULLETIN Since 1999 Salem Electric has partnered with the Mid Willamette Watershed Alliance by offering Salem Electric members the opportunity to donate through our Habitat Improvement Program (HIP). HIP allows members to make automatic monthly or one-time donations through their Salem Electric bill (pledges can be cancelled at any time). Salem Electric sends contributions to the Alliance (a 501c3 organization), which assigns donations collected in Marion County to Claggett Creek projects and Polk County donations to the GlennGibson Creek Watershed Council. In their recent 2013 –14 annual report the Council complimented Salem Electric members for their contribution to conservation efforts saying: “The Salem Electric HIP funds were used to match the Gehlar Audubon site grant and to maintain the Oak Savanna Project. The contributions from Salem Electric patrons is greatly appreciated and used to help the efforts of the council to make West Salem a better place.” With regard to the new Wallace Marine Park Rain Garden, the report said: “Matched with Salem Electric Habitat Improvement Program (HIP) Funds, the rain garden was placed in an area highly visible from the railroad bridge walking path. The rain garden was accompanied by three interpretive signs to highlight the importance of the Wallace Marine Park Rain Garden…” We think it’s cool to be HIP. If you want to donate to HIP, fill out the information below and return it to Salem Electric or, for more information, visit our website at: salemelectric.com. A ✃ Improving Habitats The Salem Electric Habitat Improvement Program passes along member contributions to the Glenn-Gibson and Claggett Creek watersheds. If you want to help, please complete the information below and return it to Salem Electric. 4 Yes, I want to help restore our local native fish and wildlife habitat. I pledge the amount shown as my monthly donation with the understanding that my pledge will be itemized each month on my Salem Electric bill. I understand that this is a voluntary program that I may cancel at any time and that my name and address will only be given to the Mid Willamette Watershed Alliance for the sole purpose of sending me project information. MEMBER NAME:_________________________________________________________________ BUSINESS NAME:________________________________________________________________ From a director… Habitat Improvement Program VAN METER, Director Commitment I to Communities n December 2003, I submitted my name for a vacant position on the Salem Electric board due to the resignation of a board member. After the interview process I was appointed to the board in January 2004. At that time I was quite familiar with Salem Electric. I had done work for a contractor who was hired in the 1970s to provide undergrounding services for Salem Electric. Salem Electric had also been my electricity provider since 1972 (with a four year gap in the early 1980s). What I wasn’t as familiar with was what cooperatives stand for. Since serving on our co-op board for over 10 years I’ve had the opportunity to learn a lot more about co-ops. Early in my board career I made the commitment to graduate from the National Rural Electric Cooperative Association’s Credentialed Director and Board Leadership programs. Through these programs and other training opportunities it’s been reinforced to me that electric co-ops — private, independent, non-profit corporations, are here to provide safe, reliable power, at cost, to their members. More than that, I’ve come to better understand and appreciate Salem Electric’s commitment to the communities it serves. Whether through financial contributions or sponsorships, partnerships, or the donation of time or materials, Salem Electric supports the communities and schools it serves and encourages its employees to also be involved in those same communities. October is National Co-op Month. The next time you flip the light switch, turn on your computer or television, or open your refrigerator door, think about the dedicated employees of the over 900 electric co-ops throughout the United States that serve over 42 million people in 47 states — one of which is you. A ______________________ FOR OFFICE USE _____________________________________________ ACCOUNT NUMBER _____________________________________________ VERIFICATION MAILED RECOMMENDED CONTRIBUTIONS Please check appropriate boxes: nResidential: $5 monthly n Small Commercial: $10 monthly n Large Commercial: $100 monthly STREET ADDRESS:________________________________________________________________ nIndustrial: $500 monthly HOME PHONE: ___________________________ CELL: _________________________________ nOther: $___________ n Monthly n One-time E-MAIL:_________________________________________________________________________ SIGNATURE:_____________________________________________ DATE:__________________ OCTOBER 2014 OCTOBER 2014 S A L EM EL EC TRIC • PO BO X 5588 • 633 S EV EN TH S TREET N W • S A L EM , O R 97304-0055 PH: 503 362-3601 • FAX: 503 371-2956 • E-MAIL: [email protected] • salemelectric.com Printed on recycled paper with soy-based ink. We Like News & Information about your member-owned utility Being Different S ince 1930, October has been recognized as National Cooperative Month. As an electric cooperative we share the seven cooperative principles that all co-ops follow. Cooperatives are recognized for the qualities that make the business model unique: local democratic control, commitment to supporting the communities they serve, and the return of margins (co-op term for profits) back to members in the form of capital credits when the financial condition allows. Cooperatives are different, and we like being different. As a co-op, we’re obligated to provide reliable, affordable and safe electricity, but co-ops take it a step further — we also have a responsibility to support our members, enrich area schools, and enhance the communities we serve. Salem Electric is proud to be part of America’s cooperative network which employs more than 850,000 people. Across the nation 29,000 co-ops and credit unions generate $74 billion in annual wages and nearly $500 billion in revenue. Salem Electric is one of more than 900 electric cooperatives serving over 42 million people in 47 states. We base our business decisions on our five main goals: 4 Financial Integrity 7 Cooperative Principles In addition to our five goals, we also follow these seven cooperative principles: Voluntary & Open Membership Democratic Member Control Members’ Economic Participation 4 Reliable Service Autonomy and Independence 4 Good Customer Relations Education, Training 4 Good Employee Relations & Information Cooperation among 4 Low Rates Cooperatives Safety is always Salem Electric’s number one goal. A Concern for Community
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