Tipp City Rotary Club Meeting 04.09.14

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2050

Aaron Stallings, CFO of Pioneer Electric Cooperative, spoke at the April 9, 2014 Tipp City Rotary Club meeting. He explained that electric cooperatives were formed in the 1930’s by groups of farmers to serve rural areas of America when other utilities chose not to provide service to rural areas. Pioneer set the first electric cooperative pole in the state of Ohio in 1935, and today Pioneer serves over 16,500 meters in 11 counties. Pioneer is focused on safety, reliability and quality of service to exceed member expectations including: reinvesting in the system, remote control switching, automated metering, and member service technologies. The cooperative is governed by a member elected Board of Trustees. “It is a great business model for providing value because there is no conflict between investors and members because the members are the owners” said Stallings. He ended with the topic of proposed EPA rulemaking regarding carbon sequestration and its potentially negative effects on the cost of electricity in this area. He encouraged listeners to go to www.TellEPA.com to learn more about the issue and support a balanced approach to generation resources for the future. Pictured are Program Chairperson Dean McClurg (left) and Aaron Stallings.

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