He stated that an outside independent auditor had reported that CFEMC continues to be in a very strong financial position and that, most importantly, our rates to our consumer/members, continue to be lower than co-ops of similar size throughout the nation and lower than the average rates of most other co-ops and utilities in the state of Georgia.ĬFEMC CEO Chris Stephens shared how the last year has affected the co-op and its members.
Our main goal is to always provide – (1) Member Value, (2) System Value, and (3) Employee Value to all our members and employees.”įulton went on to assure members that CFEMC is currently in a very strong financial position. “This year that included upgrades, improvements, and expansion within our service territory, as well as improvements to facility and asset management, cyber security, and continuous review and updating of our policies and procedures to ensure that we remain in conformance with all current governance procedures for co-op boards and management. “We continue to be one of the few electric cooperatives in the country to consistentlyĮxperience growth,” said Fulton. Virtual business meeting speeches and results became available to members online via following the close of the event.ĭuring the virtual business session, Board Chairman Jim Fulton shared highlights from the past year and reiterated the CFEMC’s Board of Directors’ commitment to its members. Business session updates and the drawing for the grand prize winner were streamed live via Facebook during the event and is available via CFEMC social media channels. It’s estimated 1,776 people participated in the drive-thru event and/or registered and voted during the week prior.
Mallory (Seat 4, Fayette County) to serve three-year terms on the board of directors. Harris (Seat 4, Coweta County) and Alice J. Winkles (Seat 3, Coweta County), Donald E.
The nominating committee appointed Mildred A.