Five Trustees Re-Elected as South Central Power Company Conducts 85th Annual Meeting
August 23, 2021
CIRCLEVILLE – Results of the Board of Trustees election were announced at South Central Power Company’s 85th annual meeting held Aug. 19 at the Pickaway County Fairgrounds in Circleville. Re-elected to three-year terms were Mike Hummel of the Canal Winchester area, Reed Bailey of the Lithopolis area, James Evans of the Hillsboro area, Kenneth Davis of the Leesburg area, and Michael Vinka of the Cadiz area. Voting was conducted online, by U.S. mail, and in person at South Central Power offices.
In his report to the members, Treasurer James Evans said the co-op had a solid year in 2020 despite the pandemic, and, as a result, was able to refund nearly $6 million in capital credits to members and former members of the cooperative from the year 2000. As a not-for-profit electric cooperative, South Central Power regularly returns funds to members that are collected over and above the cost of doing business.
President and CEO Rick Lemonds provided a business update, touching on the cooperative’s pandemic response as well as infrasture updates. “Right now we’re rebuilding much of the cooperative’s transmission system, some of which actually dates to the early days of the cooperative,” Lemonds said. “Our new metering system also allowed us to save thousands of trips into the field in 2020,” he noted.
Board Chairman Ken Davis shared highlights from the cooperative’s 85 years of service to rural Ohio and addressed how the cooperative was focused on the future while also celebrating the past. “When you’ve been around for 85 years, there’s a lot to celebrate in the past,” Davis said. “But today, I’d like to suggest that we’ve been successful over that period of time because we haven’t dwelled on the past as much an we have focused on our future.”
South Central Power Company Foundation Chairman Don Jones also spoke to members. The 11-member Foundation board, which is separate from the cooperative’s board of trustees, awards grants and scholarships through Operation Round Up. The program rounds up participating members’ electric bills to the next dollar. Last year, the Foundation awarded $98,000 in scholarships to college and technical school-bound students.
Jones also outlined the impact of the Foundation’s grant award program. “Together, we have put back into our communities more than $4 million,” Jones said. “Last year alone that number was more than $530,000.”
Members present also voted to approve three code of regulation changes, allowing the cooperative to conduct business through virtual meetings, creating a standing nominating committee for trustee election nominations, and updating the method used for notifying former members about unclaimed, retired capital credits.
As Ohio’s largest rural electric cooperative, South Central Power Company serves more than 122,000 homes, farms, schools and businesses in 24 counties.