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August 2004


Electric System Reliability,

Stable Rates Highlighted at Annual Meeting

"The electric system in Georgia is strong," said Walton EMC CEO Ronnie Lee to the large crowd at the cooperative's 68th annual members' meeting. "While the electricity infrastructure in some parts of the country may be overloaded or in disrepair, that's certainly not true here."

"The EMCs have invested $100 million a year for the last four years to upgrade and maintain our system," continued Lee. "Things are good right now–but we can't sit still."   Lee commented on last year's Northeast Blackout during his annual address to members and outlined why a similar situation is unlikely here.

 

In his remarks, Board Chairman Johnny Allgood told members that Walton EMC does not foresee a rate increase in the near future. "We've spent less on wholesale electricity than projected. We also haven't had to borrow money for the last two years and the success from our subsidiaries has added to the bottom line," explained Allgood.

 

In other business, four directors were re-elected to three-year terms. Returning to the WEMC board are Doyle Mitchell from the Gratis district, Bobby Williams from the Mountain Park district, Mary Ann Hartman from the Five Forks/North Snellville district and Johnny Allgood from the Southwest Walton district.

 

Members enjoyed shows from a local gospel group and bluegrass ensemble. Hundreds participated in health screenings by local health providers at Health Check and children enjoyed rides, refreshments and crafts at Kids' Fest. Members learned about electrical safety with a model power line display.

 

Exhibitors provided the latest information on energy efficiency and other topics, including Marathon water heaters, window tinting, radon and air conditioning systems. Several members took home door prizes, including Catherine Hannay of Monroe who won the grand prize, a retired pick-up.

 

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