Oklahoma Coop Considering Merger
Canadian Valley Electric Cooperative (CVEC), based in Seminole, Oklahoma, has notified about 24,000 customers that it is contemplating a consolidation or joint operations with Central Rural Electric Cooperative, a 22,000 member coop based in Stillwater, Oklahoma. CVEC believes that a consolidation might offer rate stability for members through cost sharing of cooperative and utility services. Any consolidation would require approval by members of both coops. The Shawnee News-Star has the full story.