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Board meetings and strategic plans from Choctawhatche Elec Coop, Inc
This strategic roadmap outlines CHELCO's commitment to enhancing the quality of life for its members through the safe delivery of reliable and affordable energy. The plan, which spans 2026-2028, focuses on five key strategic goals: industry transformation, system reliability, safety, workforce development, and technology innovation. Specific initiatives include targeted upgrades for aging substations, fostering a transparent safety culture, streamlining operations with new technology, investing in employee training and talent acquisition, and continuously monitoring emerging industry trends.
This strategic roadmap outlines CHELCO's mission to enhance the quality of life for its members through the safe delivery of reliable and affordable energy, with an unwavering commitment to its employees and local communities. The 2026-2028 plan focuses on five strategic initiatives: Reliability, Safety, Technology, Workforce development, and Industry transformation, aiming to meet the evolving needs of the communities it powers and build a stronger future.
The meeting included an invocation, the Pledge of Allegiance, and the National Anthem. The election results for trustees in districts two, four, and six were announced, as well as the passage of a bylaw revision. The board discussed the cooperative's strong position in safety, reliability, affordability, and member satisfaction. There was a review of the cooperative's charitable and outreach efforts, including the Operation Roundup program and the Drebing fund. The treasurer reported on Chelco's financial performance, noting growth in membership and electricity sales, and an unqualified opinion from the auditing firm.
The meeting included an invocation, the Pledge of Allegiance, and the national anthem. The election results for the Board of Trustees were announced. The board president discussed the cooperative's commitment to service, reliability, and community involvement. The treasurer presented a report on the cooperative's financial performance, highlighting growth in membership and electricity sales.
The meeting included reports from the President, Treasurer, and CEO, covering CHELCO's performance, financial status, and future plans. Key discussion points included the cooperative's ranking in reliability metrics, growth in membership, financial performance, and challenges related to increasing costs and supply chain issues. The meeting also addressed the cooperative's community involvement through Operation Round Up and the Drebing Fund, as well as its partnership with Eglin Air Force Base. A rate increase was announced due to rising cost pressures.
Extracted from official board minutes, strategic plans, and video transcripts.
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