Paulding-Putnam Electric Cooperative
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Rate change takes effect
As we’ve been communicating for the past few months, your electric bill we mail in late May (due in June) will include our rate adjustment. This adjustment will enable us to continue investing in power reliability. While the power generation and high-voltage transmission costs have been increasing year over year, this increase will be our… Continue reading.
Understanding our new rates
The PPEC board of trustees approved a rate adjustment, effective on bills mailed in May (payment due in June), due to the rising costs of doing business. Many industries have implemented increases to keep up with price hikes, inflation, and material shortages — your co-op is facing the same pressures. PPEC has held off a… Continue reading.
How does PPEC control costs for members?
Your cooperative board and staff do an exceptional job holding down controllable expenses. Here are a few of the ways we make your membership dollar go further:
PPEC’s Annual Meeting broadcast sets record with over 2,500 viewers
Paulding Putnam Electric Cooperative’s (PPEC) 88th Annual Meeting premiered on Facebook and YouTube at 10 a.m. on March 23. More than 2,500 viewers tuned in to watch the meeting over the weekend for co-op updates and a recap of 2023. This marks the highest viewership the co-op has seen for the Annual Meeting. Board election… Continue reading.
PPEC awards $5,400 in scholarships to 7 local students
Paulding Putnam (PPEC) knows career preparation can be expensive. We aim to uplift the next generation of leaders through our Children of Members Scholarship Program. FIRST PLACE: $1,000 Senior Chelsea Erford of Miller City High School received top honors in the 2023 PPEC scholarship competition. She will represent PPEC in Ohio’s Electric Cooperatives’ statewide competition,… Continue reading.
Avoid bill shock with home energy analytics in SmartHub
Imagine if you knew how much energy each appliance in your home used and how much it cost you each month. What would you turn off, cycle, or even upgrade to the latest ENERGY STAR model? Well, you don’t have to imagine. This innovative new “Home Energy Analytics” feature is available in SmartHub! Thanks to… Continue reading.
Pittman, Maag earn Youth Tour trip
Isabella Pittman attends Miller City High School and is the daughter of Nicholas and Lynda Pittman of Ottawa. Mallorie Maag attends Ottawa-Glandorf High School and is the daughter of Barry and Brenda Maag of Ottawa. Both have earned a spot on Youth Tour, an all-expenses-paid, weeklong trip to Washington, D.C., with 1,600 electric cooperative high… Continue reading.
Unmatched value
Our 2023 theme, “Unmatched Value,” gets straight to the point — your co-op membership provides an unbeatable return for the investment. At the heart of our mission is the relentless pursuit of value for our members. Your ownership in this not-for-profit co-op is different from being a customer of an investor-owned utility. Your membership represents… Continue reading.
2023 Treasurer’s Report
Your cooperative continued to perform well in 2023. Although we saw kilowatt-hour purchases and sales decline by more than 5% each — mostly due to moderate weather — financial goals were still achieved. Total margins exceeded $4.3 million and were above budget by $809,000, or 23%. This was achieved due to lower operating expenses (under… Continue reading.