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Oct. 31, 2014

Today's Quote

"I love to see their work ethic getting rewarded."   

  

-Bradley Adams, football coach at Georgetown High School, when his strong safety Michael Billings was named along with 87 other players from across the state to the roster for the Touchstone Energy Cooperatives Bowl.       

News & Opinion

Calendar

November 15
Annual Meeting
Berkeley Electric

November 27
Thanksgiving
ECSC offices closed

December 13
Touchstone Energy Cooperatives Bowl  

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Black River Electric names new CEO
Charles Allen

Black River Electric Cooperative's head of engineering and operations will become its next chief executive officer. Charles R. Allen, who began working for Black River Electric in 2004, will officially begin his new position in January. He replaces C.H. Leaird, who is retiring after 32 years of service.

 

Prior to joining Black River, Allen worked for Progress Energy, as their operations manager in Sumter and as a project engineer, distribution engineer and district and division engineering supervisor for Progress in Raleigh and Greensboro, N.C. Allen is founder and chair of Sumter's Utility Coordination committee and a founding member of the User Advisory Council. He serves on boards for the Salvation Army of Sumter and the Rotary Club.

 

Black River Electric Cooperative serves portions of Clarendon, Kershaw, Lee and Sumter counties, with 67 employees, 31,000 meters and 3,400 miles of energized line. 

Your Take: The disruptive nature of technology
Mike Smith

The relentless parade of new technologies is unfolding on many fronts. Almost every advance is billed as a breakthrough, and the list of "next big things" grows ever longer. Not every emerging technology will change the business or social landscape--but some do have the potential to disrupt the status quo and alter the way people live and work. The publishing business (magazines, newspapers and books) is a dramatically different industry than it was a decade ago. The rise of digital media ripped apart a century-old business model. The increased availability of streaming video has potential to cause the same type of havoc for the television industry, the topic of a recent article in The Economist magazine.

 

Mike Smith, a former television station engineer who is now a senior engineer at Central Electric Power Cooperative, ponders whether technological forces will fundamentally change the way electric utilities do business.

 

The article: Titled 'Switching Channels', it claims the TV industry "is set for a profound upheaval," mainly due to the explosion of streaming video. This new technology disrupts the traditional business models for both network television and cable operators.

 

Smith: There is no question that change is coming for the TV industry. The internet connection speeds I have to my home today allow our family to watch streaming video over the internet--choosing what programs we watch when we want to watch them. Cable companies make money by bundling hundreds of channels and charging accordingly, whether you want them or not. I do not need 180 TV channels. I only want the one or two my family is watching while we surf the web and video chat with relatives two time zones away. I do not need cable at home if I can get everything over the internet, and at a sharper resolution.  That time is coming soon.     

 

The article: The doomsaying may be premature. Only around 7 million homes in America forgo pay-television in favor of an internet-streaming option, compared to 100 million that subscribe to cable.

 

Smith: While 7 million may not seem like a lot, it signals a significant change and trend. The younger generation is not buying into pay-TV, just as they have chosen cell phones over landlines. The power industry is facing the beginning of a similar change. There are fewer than 200 South Carolina electric cooperative members with solar PV installed on their homes, yet we recognize this is only the beginning. Technology is bringing our members options, like the ability to generate power onsite as solar does. Technology will also allow our members to manage electricity through more efficient equipment and with programs that shift energy use to times of the day when power is cheaper .       

 

 

Editor's note: Readers clicking through to the article may be asked to register before reading content on The Economist website.

 

Related Story:
Switching channels
Rosters set for 2014 Touchstone Energy Cooperatives Bowl

After reviewing a record number of nominations, coaches have set the 88-player roster for the 2014 Touchstone Energy Cooperatives Bowl. The players for the two 44 member teams were announced Monday.   

 

"The two coaching staffs had more than 340 players to choose from," said Keith Richardson, co-director of the S.C. all-star game. Team selections were made by coaches of the two squads. The South team is led by Jackie Hayes of Dillon High School, and the North team is headed by Darryl Page of Lower Richland High School.

 

The bowl game will be played December 13 in Myrtle Beach. During a special halftime presentation at the game, the five finalists for South Carolina's Mr. Football award will be recognized. The winner of high school football's most coveted prize will be revealed at the conclusion of the ceremony. Nearly 5,000 people have gone to South Carolina Living to cast an online vote for their favorite finalist.

 

Fans interested in attending the game can purchase advance tickets online for $15. Enter the promotional code "Touchstone" to save 10 percent. 

Pee Dee marks 75 with a few thousand friends
Pee Dee Electric Acting CEO Brian Kelley addresses members

More than 6,000 people attended Pee Dee Electric Cooperative's 75th annual meeting October 25 at the Florence Civic Center, where the theme was "Celebrating our Past, Growing our Future."

In honor of the anniversary, each of the 50 door prizes had at least a $75 minimum value. The grand prize was a 2008 GMC Canyon pickup truck. Pee Dee partnered with the county election commission to take photos for voter IDs and worked with McLeod Health to host a free health fair.
The co-op registered 2,405 at the meeting, with members returning four unopposed incumbents to their Board of Trustees--Pat Toney, Preston Gainey, LaShon Sellers and Lee White. 

Payroll deduction makes saving automatic
Palmetto Electric's Bruce Draper and Ronald Reid

Bruce Draper, substation and metering manager for Palmetto Electric Cooperative, offers this tip to young co-op employees: Try building your savings using payroll deduction. "Once you start putting money into that account - if it's deducted out of your paycheck, you hardly even notice it," he says.  

 

1st Cooperative Federal Credit Union offers members the option to send money direct from their paychecks, either to build a savings account or to to pay off loans. Ronald Reid, Palmetto's metering supervisor, says, "I've saved and I've financed with them. They're easy to get along with."

 

Both men are long time 1st Cooperative members and have taken advantage of the credit union's payroll deduction, an easy way to deposit funds, one that also keeps payments on-time for a better credit rating.

 

For information on payroll deduction, call (803) 796-0234