Category Archives: CEO Letter

QUALITY TIME WITH 4,037 NEIGHBORS

I never tire of visiting with you, our valued memberowners. We registered 4,037 members in attendance at this year’s Annual Meeting, Saturday, May 5, at our Ridgeland office.

          Grand prize winner Walter Toomer of Tarboro                      with his 2011 Ford Ranger.

If you couldn’t be there, the business meeting focused on the accomplishments of Palmetto Electric Cooperative in 2017. Here are some highlights:

  • The cooperative completed a $6.5 million upgrade to the Advanced Metering Infrastructure system originally deployed in 2001 to remotely read meters. This technology has done more to improve system operations and offer new products and services to our members than any other technology in almost 40 years.
  • We reported our highest new member growth rate since the 2007 recession. Due to the improved economy and the continued good financial condition of the cooperative, $4.3 million was returned to members in the form of capital credits. Palmetto Electric has given back more than $16 million in capital credits in the previous four years.
  • On the American Customer Satisfaction Survey, Palmetto Electric scored a 91 out of a possible score of 100–the highest score the co-op has ever received. This score ranks Palmetto Electric in the top one percent of all ACSI-participating co-ops nationwide.
  • Construction was completed on the first community solar farm in the Lowcountry. A 120-kW solar farm was built at Palmetto Electric’s Ridgeland and New River offices. All 240 shares of community solar were sold within a few days.

Four directors were re-elected to serve on the co-op board: William J. Nimmer (Beaufort County, Position 1), David A. Solaro (Beaufort County, Position 4), Eunice F. Spilliards (Jasper County, Position 1) and James O. Freeman (Hampton County, Position 1). Board officers re-elected included: Jeremiah E. Vaigneur, chairman; C. Alex Ulmer, vice chairman; and Eunice F. Spilliards, secretary-treasurer. Congratulations to each of them.
Congratulations also to each of you for being a big part of Palmetto Electric Cooperative’s continued success! We couldn’t do it without you.

Is your name on our list? Some Palmetto Electric members and former members have unclaimed capital credits. Are you one of them? Check our searchable database.

INSPIRED TO LIGHT THE WAY

Palmetto Electric has long shown it can brighten lives: Our Operation Round Up program, started locally in 1989, has spread to over 340 co-ops across the U.S. We also sponsor Bright Ideas, a grant program to fund innovative classroom based education projects that fall outside normal school funding. Since 2004, we have awarded 607 BrightContinue Reading

THE POWER BEHIND YOUR POWER

AS APRIL ARRIVES, it brings with it the showers that produce spring flowers. It also heralds the beginning of a potentially stormy season that can inherently include power outages. While Palmetto Electric Cooperative strives to provide reliable electricity to our members, there are times when Mother Nature has other plans. Most of us can rideContinue Reading

50 GREAT YEARS–AND 10 YEARS AS A GREEN POWER EVENT

SOME MEMORIES just stick with you. I clearly recall the day back in 1969 when I attended the first Heritage. I was with my father, Archie Davis. He worked for Palmetto Electric, too. I remember Daddy parking his vehicle at a then new co-op substation at Sea Pines. At that time, there were no condosContinue Reading

AT PALMETTO ELECTRIC, WE LIVE UNITED

Since its inception 78 years ago, Palmetto Electric has improved the quality of life in the communities we serve. Reliable, affordable electricity is, after all, the proverbial “rising tide that lifts all boats.” And, since we’re all in the boat together, it makes sense for Palmetto to support the United Way of the Lowcountry (UWL).Continue Reading

ISLAND SERVICE 87 PERCENT ‘OUT OF SIGHT’

BY THE NUMBERS, our project to remove co-op overhead power lines and poles on Hilton Head Island is going well. As of mid-November, we are now 87 percent complete and on budget. Speaking of numbers, here are a few other noteworthy stats. So far, we’ve had: 2,418 poles and 1,085 overhead transformers removed, 1,405 servicesContinue Reading

THANKFUL TO SERVE YOU

  Thankful to serve you Customer – make that, member – satisfaction at highest level ever Palmetto Electric Cooperative has scored 91 in customer satisfaction, topping a previous co-op record of 90 established last year, according to the American Customer Satisfaction Index (ACSI). Your cooperative is in the top one percent of all ACSI-participating co-opsContinue Reading

HIGH SEASON FOR SCAMMERS

They’re as seasonal as summer but always a bummer. We’re talking about scammers. Sadly, each summer scammers prey on our members. In July, we alerted members via social media that bad guys, misrepresenting themselves as Palmetto Electric employees, were calling our members, threatening to disconnect power if a payment was not made that day. InContinue Reading

THE BEST JOB EVER — GIVING BACK

THANK YOU for the best job in the world – working for you, Palmetto Electric Cooperative’s members. I appreciate you letting me do what I get to do. And that includes putting into practice the Cooperative Principle of Concern for Community. One way is through Operation Round Up, a local community outreach effort that PalmettoContinue Reading

CELEBRATING THE POWER OF TEAMWORK

IT WAS GREAT to see all 4,829 members who attended our Annual Meeting May 6. Sunny skies and warm temperatures made for the perfect day to gather together and discuss the condition of your Cooperative. For those who couldn’t attend, allow me to recap some of the meeting’s highlights: Four Directors were elected to serveContinue Reading