Members of Central Texas Electric Co-op Board District 3 (Mason/Menard/McCullough, Northern Kimble County), met Tuesday, June 3rd in the Mason Junior High cafeteria. The members were welcomed by the co-op’s Chief Executive Officer, Robert A. Loth III. Mr. Loth opened the meeting with the introduction of members of the co-op’s Board of Directors in attendance. They were: Jack Asbill, from Mason County; Gerald Kaspar, Board President, Stanley Keese, Board Treasurer, and W.C. (Dub) Stewart, Board Secretary, all of Llano County; Doylene Bode and Bill Weldon of Gillespie County; Rex Brand of Kerr County, James Low of San Saba County; and Allen Goodwin of Kendall County.
Bob Loth introduced a video reviewing the past year’s events about CTEC’s power contract issues with the Lower Colorado River Authority (LCRA).
Board President Gerald Kaspar of Llano, Texas, started the video by welcoming all members attending. He said, “Perhaps the biggest news we have to tell you is, we have settled our long-running dispute with the Lower Colorado River Authority concerning our power supply. After a year and a half of legal wrangling, CTEC has amicably settled their dispute with LCRA in April of this year”.
Kaspar continued, “So the question probably in your mind now is - how does this affect me? Well, we were able to pay for the settlement with power cost savings accumulated since September of 2012. In addition to paying for the settlement, the cooperative was also able to reduce the monthly cost of electricity. Leading to the next question - what does the future look like as far as my monthly electric bill? As a result of prudent decisions and a conservative look at the future, your co-op and you are in a good place. Realistically, you can expect stable power prices for the foreseeable future. And, most likely, there will be some reductions in the cost of purchased power. When is the last time you got news like that? We believe this is what will happen, and we are going to work hard to make sure it does.
Bob Loth, Chief Executive Officer at CTEC followed with an explanation of a change CTEC customers will soon see on their bill. He said, “At Central Texas Electric Cooperative we like to keep things simple, your electric bill is a good example of this philosophy. Currently there are three line items on a normal non-commercial monthly bill: distribution access charge; distribution energy charge; and power cost pass-through. Starting this summer, we will breakdown the power cost pass- though line item of your electric bill, into power cost pass-through and transmission cost pass-through line items. This does not reflect an additional cost to you, but simply separates power and transmission charges. The reason we are doing this is to accurately show the actual cost of each component. We have the ability to influence, to a point, power costs incurred, we have no ability at all to influence transmission cost. Recently, the Public Utility Commission increased the amount transmission providers can charge by almost 40% over the previous year, so Texans will pay almost a billion dollars more for transmission delivery.”
Tawnya Boos, Special Projects Coordinator added that due to recent requests from CTEC customers, CTEC has launched a Mobile App for busy customers wanting access to their Co-op account info “on the go”. It’s called SmartHub and Mrs. Boos then gave a quick tour of the application, showing highlights on: Notifications – being able to receive notifications of due-dates, past due bills, or new billings; Bill and Pay – making payments using previously saved banking info; and My Usage – where customers can choose from options to view different comparisons of usage.
Mr. Kaspar concluded the meeting by adding, “In less than 3 weeks more than 100 members have signed up to use the new SmartHub app, so if you have a smart phone or a tablet, I encourage you to give it a try”. Kaspar then ended the meeting by thanking those present for attending their district meeting, because it showed they care about their cooperative. He also reminded members that the CTEC Annual Meeting is on Tuesday, August 19th in Fredericksburg, and he cordially invited all to attend.
CTEC presents member meetings each June in all six Board Districts. Even when a Board District has no Board seat up for election, it allows the co-op members to meet Board members in person, and it allows them to hear an update from their CEO about their Co-op. The meeting finished with a question and answer session with CEO Loth, and a drawing for door prizes.