May 23, 2016 - 77th Annual Meeting Is June 14
PLYMOUTH, NH – New Hampshire Electric Cooperative (NHEC) will hold its 77th Annual Meeting of Members on Tuesday, June 14, 2016 at Prospect Hall on the campus of Plymouth State University in Plymouth. All Co-op members are welcome to attend.
A spaghetti dinner, catered by Sodexo Catering, will be served starting at 5 p.m. A suggested donation of $5 will support non-profit organizations in the Plymouth area. The business meeting itself starts at 6 p.m. Prospect Hall is located at 8 High Street in Plymouth. Members are asked to RSVP by calling 1-800-698-2007 if they plan to attend.
NHEC is owned by the members it serves and governed by democratic principles. The Annual Meeting is an occasion for members to meet the cooperative’s Board of Directors and management, learn more about the company’s operations and enjoy the fellowship of a tradition that dates back to 1939.
There will be door prizes for all attendees and a post-meeting raffle.
May 17, 2016 - SCAM ALERT: Don't Be a Victim of Disconnect Calls
WHERE: Moultonborough, Lincoln
WHEN: Reports coming in today.
WHO: Commercial members are being targeted, including a retail store and a hotel.
DETAILS: Scammer reports they are calling from NHEC and demanding immediate payment of outstanding electric bill or member will face disconnection within a short period of time.
WHAT TO DO: Get as much information as possible and report it to your local police.
DO NOT provide any payment or account information.
May 10, 2016 - Ballots Mailing to Co-op Members
PLYMOUTH, NH – Members of the New Hampshire Electric Cooperative (NHEC) are receiving ballots by mail as voting opens for four seats on the company’s Board of Directors.
Members have until Wednesday, June 8 at 4:30 p.m. to return their completed ballots to NHEC headquarters in Plymouth. A postage-paid return envelope is included in the ballot mailing. Winners of the Board election will be announced at the 77th Annual Meeting of Members, to be held June 14, 2016 at Prospect Hall on the campus of Plymouth State University. All Co-op members are welcome to attend.
Five candidates are seeking election this year to four seats on the Co-op’s 11-member Board of Directors. All five candidates were nominated by the NHEC Nominating Committee, which reviews the qualifications of each candidate and recommends those it feels would best contribute to the successful operation of the Cooperative. All candidates are required to be members of the Cooperative.
This year’s candidates selected by the Nominating Committee include incumbent Board members Joe Kwasnik of Jackson and Georgie Thomas of Intervale. Also nominated and running for a first term on the Board are candidates Carolyn Kedersha of Tuftonboro, Maurice “Moe” Lafreniere of Holderness, and Tom Mongeon of Rumney. NHEC members are receiving statements from the candidates in support of their candidacies along with a ballot.
Ballot counting will take place Thursday, June 9, 2016 at Co-op headquarters in Plymouth. Newly-elected Board members will be seated immediately following the Annual Meeting on June 14 and will serve three-year terms.
Apr 7, 2016 - Board Approves 19% Summer Bill Decrease
PLYMOUTH, NH – Driven by a steep decrease in the seasonal cost of power, summer period electric bills will be going down by nearly 19% for most members of New Hampshire Electric Cooperative (NHEC).
Effective with bills rendered May 1, 2016, the Co-op Power portion of members’ bills (the cost of actual energy) will decrease by 43%. The result for the typical residential member using 500 kilowatt-hours (kWh) per month will be an overall bill decrease of 18.7%, or $20.61 per month. The typical residential member using 1,000 kWh per month will see a total bill decrease of 21.5%, or $41.21 per month.
The rate reductions were approved March 29 by the NHEC Board of Directors and continue an annual pattern of fluctuations that have seen the cost of power increase during the winter months and decrease in summer months. Driving these wide price swings are seasonal variations in the regional wholesale price of natural gas, which is used to generate approximately half of the electricity produced in New England.
Over the past several years, electric rates during the six-month summer period (May 1 – Nov. 1) have been substantially lower than the winter period, when constraints in the region’s natural gas pipeline infrastructure have led to price spikes. Natural gas demand increases sharply during the winter months due to its use as a primary heating fuel, which drives up the cost of generating electricity for winter delivery.
“Until natural gas pipeline capacity constraints are addressed in New England, we expect seasonal electric rate variations to continue,” said Steve Kaminski, NHEC Vice President of Power Resources & Access. “Looking forward to next winter, though conditions may change, at this time our outlook indicates rates should be lower than this past winter’s.”
The May 1 rate change is the result of a 43% decrease in the Co-op Power rate, from $.09504 to $0.05377 per kilowatt hour (kWh), offset slightly by a 0.2% increase in the Regional Access Charge.
Apr 1, 2016 - Capital Credits Listed on April/May Bills
New Hampshire Electric Cooperative will be allocating positive operating margins to each of its members’ accounts based on their individual usage. As a result, a line item pertaining to “capital credits” will appear on the bottom of the April and/or May bills (see message below). It will indicate the amount that is being set aside in each member’s capital account. Please note that this is an equity account, not a cash account. It represents the members’ ownership interest, or equity, in the cooperative.
YOUR CAPITAL CREDIT ALLOCATION FOR 2015 IS $0.00. THIS AMOUNT WILL BE APPLIED TO YOUR PATRONAGE CAPITAL ACCOUNT. PLEASE SEE WWW.NHEC.COOP FOR IMPORTANT DETAILS.
Mar 2, 2016 - Mobile Food Pantry Helps Hundreds in North Country
COLEBROOK, NH - A Mobile Food Pantry, sponsored by the NHEC Foundation and staffed by NHEC employees, directors and family, provided much-needed help to nearly 250 families on February 27 in Colebrook.
This is the 6th consecutive year the NHEC Foundation has sponsored the event. NHEC volunteers, joined by more than 20 volunteers from Colebrook area clubs, were on hand to meet two fully loaded box trucks from the NH Food Bank. Soon, the floor of the Colebrook Elementary School was a sea of orange as volunteers filled tote bags with a variety of nutritious food, including potatoes, onions, carrots, cabbage, cereal, orange juice, chili pouches, Pad Thai, sesame teriyaki noodles and frozen containers of soup.
Attendees were also treated to free mittens, hats and blankets, which were hand knit by Sally Carver, wife of NHEC Director Jerry Hopkins, and friends. Thank you to all our volunteers for another successful event!