As a nonprofit electric cooperative, any revenue beyond what is used for the co-op’s expenses is not profit sent to shareholders. Instead, at the end of each year, that money is allocated to members in proportion to electricity purchased, and serves as members’ investment in the co-op’s infrastructure. This is the system known as capital […]
Author Archives: Don Johnson
PCRF Update – Cost Adjustment Will Drop to one cent in December
PCRF Update: Energy Price Drops, Market Remains Volatile As Natural gas prices spiked during the heat of summer, wholesale energy prices went up as well, leading to adjustments in the power cost recovery factor on Trinity Valley Electric Cooperative members’ bills. Thankfully, energy prices have come back down somewhat, and the plan for upcoming PCRF […]
Planned Outage Update – Power Should Remain On Nov. 9
TVEC Engineers and Operations Teams Have Re-Routed Power to Avoid Outage The Planned Outage on November 9 will be unnecessary thanks to the work of our engineering and operations teams, as well as some helpful weather conditions. With the mild temperatures, our crews will have enough capacity from other circuits to provide power during […]
TVEC Members – Vote in the 2022 Director Election and Win!
Democratic Member Control is one of the founding principles of Co-ops, and we need members to make co-op governance by the members and for the members. And did we mention that there is a chance to win cash prizes? Your September Texas Co-op Power magazine will be arriving in your mailbox soon, and with […]
TVEC Phone Systems Maintenance
Update, this maintenance has been completed and all systems are back to normal. Member Alert: TVEC outage reporting and automated phone services will require a short outage for server maintenance at 5:30 p.m. this evening, August 29. If you need to report an outage between 5:30 and 5:45 p.m., you may contact our call […]
Jeff Priest Appointed to TVEC Board of Directors, District 2
The Trinity Valley Electric Cooperative Board of Directors has appointed Canton native Jeff Priest to fill the District 2 seat left open by the untimely death of longtime board member Jerry Priest. Jeff Priest has spent most of his life in Van Zandt County, including most of his high school coaching career with long stays […]
ERCOT Calls for Energy Conservation July 13
Update 12:30 p.m. – This call for conservation has been updated to last until 9 p.m. ERCOT Calls for Energy Conservation Anticipating tight energy supply with the widespread high temperatures, the Electric Reliability Council of Texas has called for Texans to reduce energy demand. These efforts are credited with making a big contribution toward things […]
ERCOT calls for energy conservation July 11
Update 7:30 p.m. – Conservation efforts kept demand in check, and generation capacity was sufficient to cover the need through the heat of the day. Higher wind generation is expected tomorrow, which should help alleviate some supply worries as high temperatures continue. Anticipating tight energy supply with the widespread high temperatures, the Electric Reliability Council […]
Updated Nov. 11 – PCRF Adjustments Planned for Upcoming Months
Update: December PCRF Will Go Down to $0.01 per kWh With wholesale energy prices declining, it has been announced that the December Power Cost Recovery Fee on December bills will be $0.01 (once cent) per kilowatt-hour instead of the planned $0.025. See the full announcement here. Below is the original PCRF announcement from June […]
Saving Together – TVEC Targets Transaction Costs to Save Members Money
• Transaction fees have grown over the last few years as more members use credit cards for payments. • TVEC is not planning to add fees to any transaction type at this point. • As a nonprofit electric cooperative, the co-op’s members ultimately benefit if we work together to keep costs as low as possible. […]
Area High Schoolers Win Youth Tour Trip
Three area high school students will be headed to Washington D.C. this summer after winning spots to the Government-in-Action Youth Tour. The trip, sponsored by Trinity Valley Electric Cooperative, includes nine days of educational opportunities, meetings with legislators, museum and government tours and events with more than 1,500 other students from around the country. Winners […]
February 23 – Ice Accumulation Possible With Coming Winter Weather
February 23 – TVEC crews and staff are again preparing for the possibility of ice accumulation as the forecast for winter weather coming the next two days has worsened. As with the storm three weeks ago, any significant icing can result in downed limbs and power lines, while difficult and dangerous driving conditions can lead […]