Cimarron Electric Cooperative Inc.

Cimarron Electric Cooperative Inc. is a nonprofit electric cooperative headquartered in Oklahoma. It serves as an electricity provider to residents and businesses across 8 counties in the state. The cooperative's mission aligns with the principles of a member-owned cooperative, focusing on providing reliable and affordable electricity to its members.

History and Leadership

Aaron Roark serves as the Chief Executive Officer of Cimarron Electric Cooperative, having joined the organization in 2019 as Chief Financial Officer and assuming the CEO role in 2022. Mr. Roark holds a B.S. in Finance from Southwestern Oklahoma State University and an MBA from Oklahoma State University. He is also a licensed CPA.

Operations and Services

Cimarron Electric Cooperative provides electricity to approximately 19,754 customers, with a majority being residential accounts. The cooperative's average residential electricity rate is 12.95 cents per kilowatt-hour, which is slightly higher than Oklahoma's state average. Cimarron does not produce its own electricity but instead purchases it wholesale from other providers to resell to its members.

The cooperative offers net metering, allowing customers who generate excess energy through solar panels or other renewable sources to sell it back to Cimarron. This option enhances the economic viability of renewable energy installations for its members.

Governance

Cimarron Electric Cooperative is governed by a Board of Trustees, which consists of members elected by the cooperative's membership. The board meets monthly to oversee operational performance, set rates, and develop strategic plans for the cooperative. Members must be residents of the district they represent and cannot have significant financial interests in competing enterprises.

Community and Membership

The cooperative operates based on the principle of democratic member control, encouraging active participation by its members. This includes electing board members and voting on bylaw changes. Cimarron Electric Cooperative provides various services and programs, such as a Residential Rebate Program, to support its members.

Environmental and Operational Performance

Cimarron Electric Cooperative experiences occasional power outages, averaging 0.47 outages per customer annually, with each outage lasting about 32.13 minutes. The cooperative also reports an energy loss of approximately 3.42%, which is slightly better than the state average of 3.75%.

Cimarron Electric Cooperative plays a vital role in providing necessary electrical services to its member communities, focusing on reliability and member support.