Each June, all Sussex Rural Electric Cooperative members have the opportunity to attend their Annual Meeting. A typical Annual Meeting includes reports by the manager and officers of the Board of Directors and other cooperative business.
This past year has been anything but typical. We had to cancel last year's meeting and, one year later, we are still in the midst of the pandemic and obligated to follow restrictions on large gatherings. To meet these needs and ensure the continued good health of our members and employees, we have made the decision to cancel this year's meeting as well. In its place, we will be bringing the meeting to you through our first-ever Online Meeting!
As of the morning of Monday, June 7th, 2021, you can find all of the content from our Online Meeting here on this webpage, for you to view at your leisure. In addition to the welcome video above, you can find the following below:
- A list of our 2021 scholarship recipients
- The announcement of our board of directors election results presented by general counsel Tom Ryan of Laddey, Clark & Ryan LLP
- Message from both Congressman Josh Gottheimer and Senator Steve Oroho
- A financial address provided by Board of Directors Secretary/Treasurer Ray Cordts
- An address by Board Chairman Jack Haggerty
- A Q&A video where CEO Chris Reese answers questions submitted by registered members
- Last but not least: the results of our prize drawing, including the grand prize of a year's worth of electricity!
We will miss having the opportunity to speak face-to-face with so many members this year, but we are still excited to connect with you in this new way.
CONGRATULATIONS TO OUR SCHOLARSHIP RECIPIENTS!
This year four local students were awarded scholarships offered through Sussex Rural Electric Cooperative. Congratulations to our winners and best of luck to them as they pursue their bright futures!
|James Howard Goodwin Scholarship|
Recipient: Olivia Dunn from High Point Regional High School (pictured below, right)
Recipient: Kassie Britt from High Point Regional High School (pictured below)
|Sussex Rural Electric Cooperative Trade School/Certification Scholarship|
|Recipient: Reiss Little from Sussex County Technical School (not pictured)|
Recipient: William Bassett from Sussex County Technical School (pictured below)
Board of Directors Election Results Presented by Tom Ryan
Message from Congressman Josh Gottheimer
Message from Senator Steve Oroho
Financial Address from Board Secretary/Treasurer Ray Cordts
Address from Chairman of the Board Jack Haggerty
Q&A with CEO Chris Reese
To skip to specific questions, go to each timecode in the video:
0:20 - "What is the Cooperative doing to increase the use of renewable energy?"
3:31 - "It seems that last year we had more outages than usual. Is our association with JCP&L the reason?"
10:38 - "Is JCP&L using our lines and, if so, why?"
13:36 - "Do you plan to implement time-of-use billing for electric vehicle charging?"
Prize Drawing Results
Due to health and safety concerns surrounding the ongoing coronavirus pandemic, we have made the decision to cancel Sussex Rural Electric Cooperative's 2021 Annual Meeting. In its place, we have chosen to bring the meeting to you! In a bold new direction, Sussex Rural Electric Cooperative is holding an Online Meeting that members can access at their convenience on this webpage. While we will not be gathering in person this year, this still provides the opportunity for members to hear from co-op leadership and win some great prizes including the grand prize: a year's worth of free electricity, up to $1,250! Find more information in the "Prize Drawings" section below
You can all contents of a normal Annual Meeting on this webpage in pre-recorded segments. Members who registered on this page prior to the meeting were enrolled in our prize drawing. Members who returned a completed ballot in our by-mail board election also were automatically enrolled in the prize drawing, meaning that if members who did both qualified for two chances to win! Winners can be found in the final video under the "Our 2021 Online Meeting" tab.
Co-op Financials and Updates
Because Sussex Rural Electric Cooperative is a not-for-profit, member-owned utility, each of our members is a part-owner who equitably contributes to and benefits from the electric service we provide. Each year at our Annual Meeting of Members, we share information on the Co-op's financials over the last calendar year to remain transparent with our member-owners. This information is covered at our Annual Meeting and is also covered in our yearly Annual Report, which goes out in May in place of our newsletter Currents. A financial address is presented by Board of Directors Secretary/Treasurer Ray Cordts.
Following the tabulation of votes in our mail-in board election, results of this election were presented by general counsel Tom Ryan of Laddey, Clark & Ryan, LLP.
Questions and Answers
During a normal year, our Annual Meeting includes a question-and-answer session where members of the audience have the opportunity to directly address our CEO Chris Reese and hear answers to any questions they may have about the Cooperative and our service. Due to the 2021's Online Meeting pre-recorded nature, we instead requested members provide questions for a Q&A video when registering for our prize drawing. You can view our CEO's Q&A video in the "Our 2021 Online Meeting" tab, or on YouTube.
Members were able to enroll in our prize drawing by registering online prior to the June 7th meeting. Additionally, participation in our mail-in board election also enrolled members in the prize drawing, meaning members who did both were eligible for two chances to win.
Winners were chosen randomly from our list of registrants. Our grand prize is an offer of a year's worth of free electricity, up to $1,250. This value is based on the average, annual electricity usage of an SREC residential member. The winner will receive a credit, up to $1,250, on their bill. This prize is subject to tax, and the recipient may receive an IRS Form 1099. To be eligible to receive this prize, the member randomly selected to win must be a member in good standing.