EDERNALES ELECTRIC CO-OP
New co-op president has many ties to past
R.B. Felps center of renewed co-op controversy
By Claudia Grisales
AMERICAN-STATESMAN STAFF
Sunday, July 27, 2008
Amid all the talk of what Pedernales Electric Cooperative has become, Robert B. Felps is a reminder of what it once was.
The 71-year-old newly elected co-op president avoids interviews. He doesn’t have e-mail. He’s [...]
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Compiled from staff reports
Saturday, July 26, 2008
PEDERNALES CO-OP
Advisory director leaves board
Johnson City-based Pedernales Electric Cooperative is losing another director.
Stuart Nunnally resigned Friday, becoming the eighth director from the 17-member board to step down this year.
Nunnally joined the board in 1998 as one of 10 advisory directors. The other seven board members are voting directors.
The co-op [...]
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By Bobbi Gage
Highland Lakes Newspapers
Friday, July 25, 2008
Despite the Pedernales Electric Cooperative board of directors approving more than a 40 percent decrease in directors’ pay, State Sen. Troy Fraser believes the cut is not enough.
“I stated (last week) that it was unacceptable for the PEC directors to continue receiving compensation of almost $40,000 per year,” [...]
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An Open Letter to the Directors
on the Board of the Pedernales Electric Cooperative
Dear Members of the Board of Directors:
Given the wealth of public information about excessive spending by the directors of our Cooperative, spending that occurred while he served as secretary and treasurer, and given the wide [...]
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EDITORIAL
Reform is bitter pill for PEC’s old guard
Veteran Pedernales Electric Cooperative board members reluctantly agree to pay cuts but hang onto Medicare coverage. A potential conflict of interest remains for two long-standing board members.
Wednesday, July 23, 2008
Even when it does the right thing, the old guard on the board of Pedernales Electric Cooperative Inc. makes [...]
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7/18/2008
Fraser: PEC pay level “unacceptable”
By Bobbi Gage
Highland Lakes Newspapers
State Sen. Troy Fraser believes the compensation study being done by Pedernales Electric Cooperative is “bogus.”
The Compensation Committee, led by former Advisory Director-at-large board member Libby Linebarger, has recommended leaving the per-meeting fee at $750 and leaving the fixed monthly fee at $2,000 per month. The committee [...]
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EDITORIAL
Pedernales co-op board blows it – again
Pedernales co-op board elects old guard president, passing up chance for newly elected directors to reflect membership’s will
Wednesday, July 16, 2008
Members of Pedernales Electric Cooperative Inc., based in Johnson City, elected three new, reform-minded voting members to its board last month, but four of the old guard remained. On [...]
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State senator questions slow pace of reforms at electric cooperative.
By <http://www.statesman.com/news/content/news/stories/local/07/15/mailto:cgrisales@statesman.com>Claudia Grisales
AMERICAN-STATESMAN STAFF
Tuesday, July 15, 2008
JOHNSON CITY — Pedernales Electric Cooperative directors Monday elected a member of the co-op’s old regime as board president. Cattle rancher and business owner R.B. Felps will lead the board of the $1 billion co-op, which has been mired in [...]
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PEDERNALES ELECTRIC CO-OP
Co-op lawsuit appeals move forward
Two appeals, two different takes.
By Claudia Grisales
AMERICAN-STATESMAN STAFF
Thursday, July 10, 2008
Two Pedernales Electric Cooperative members are taking very different approaches in their attempts to halt a class-action settlement in a contentious member lawsuit against the co-op.
In one corner, a hired Corpus Christi attorney with appellant experience and his client, [...]
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