240 GEC Electric Cooperative members attended the annual meeting of the cooperative at South Harrison High School Thursday evening.
During the business portion of the meeting, GEC Board President Dan Lentz announced the approval of a capital credit refund for the year 1989 and 25 percent of 2021. The refund will amount to just over $450,000. Those capital credit checks will be provided for members later this year.
General Manager Scott Wilson reviewed the maintenance process used by GEC to deliver power to member-owners. In his report, he defended the need to have coal and natural gas units available to keep a baseload generation available to the cooperative. He says renewable resources are not always available on-demand. He also touched on supply chain issues.
The membership elected incumbant board members Eric Woodard of rural Trenton to a 3-year-term in Area 1. Joe Hartley of rural Mercer was re-elected to Area 4 to a 3-year term. Later in the meeting, the directors elected Dan Lentz as President of the Board. Joe Hartley will be Vice President. Marvin Harding was elected Secretary. Richard Moore will serve as Treasurer. Eric Woodard will be Assistant Secretary. Other board members include Rodney Ewing, Alan Guernsey, and Adrian Cox.
Prior to the meeting, 15 grants were announced as selections from the GEC Community Foundation. The grants were awarded to the Cainsville school for laptops and an arc welder, to South Harrison for book sets, to Ridgeway for art supplies, to North Harrison for sensory materials and business vocabulary kits, to Pleasant View for cube chairs and benches, to Wayne for a kitchen range, to Mercer for reading books and materials, to Princeton for learning kits and iPads, and to North Daviess for Ag kitchen cabinets. Those grants are funded through the GEC Operation Round-Up program. That voluntary program rounds up a customer’s monthly utility bill to the nearest dollar. The grants are awarded quarterly. The next grant application deadline is October 1st. Customers of the Grundy county Public Water Supply District #1 can also participate in a Round-Up Program for funds disbused soley in Grundy County community projects.