Events of Interest
November 27 - Application to State of Montana for License to operate as Sun River Electrification Association
April 10 - First organized as Sun River Electrification Corporation Board of Directors: S.F.Hackersmith, J.J. Morris, A.L. Meyer, C.G. McDermott, Kurt Knudson, P.L. Hame, Hy Hanson - $100,000 loan authorized to build lines in Cascade and Teton counties
November - Office was rented in the Simms Bank building, furnished with rented desk, chair, typewriter, and file cabinet
E.P. Harwood appointed manager
First electric service lines were built from Vaughn to Simms and north to the Fairfield Bench
May - Headquarters moved to Fairfield into rented space, building and land purchased in the same location as the current office
August - name changed from Sun River Electrification Assoc. to Sun River Electric Cooperative, Inc.
September 26 By-laws formalized
R.C. Sherman becomes General Manager
Certificate of Membership list grows to 720
Art A. Wells becomes third manager of SREC
Reorganized Generation and Transmission Cooperative, Charlie McDermott appointed director
SREC becomes member of National Rural Electric Cooperative Association (NRECA)
Board of Directors rescind the recommendation calling for replacement of Manager Art A. Wells
B.F Waldron becomes General Manager
Member equity 29.17%, total assets $2,200,167, and total member equity was $641,758
171 people attend Annual Meeting
Rod Hanson becomes fifth manager of Sun River Electric
Manager's report of system growth:
1942 - 91 kwhs/mo/account
1947 - 168 kwhs/mo/account
1952 - 411 kwhs/mo/account
1957 - 568 kwhs/mo/account
1958 - 584 kwhs/mo/account
12 miles of 69,000 volt transmission line and substation built to Brady
Board of Directors hear feasibility report on Gibson Dam and Sun Butte Dam from Harold Aldrich and M.W. Drazich of the Bureau Of Reclamation
System changes completed to necessitate joint use of poles with 3-Rivers Telephone Cooperative
First 40 kwhs - $3.50
Next 40 kwhs - 4 cents/each
Next 120 kwhs - 2.5 cents/each
Over 200 kwhs - 2 cents/each
Security lights offered to membership for lease
Transmission line to North Augusta Substation completed–SREC took over management of Central Montana Power Cooperative and continued managing until 1975
Great Falls Tribune Dr. Heinz Speilman, asst. professor of agriculture economics at Montana State University, Bozeman
1935 - 10% of nation's farms have electricity
1962 - 97.6% of nation's farms have electricity
Gold Medallion Home Program offered
Spring flood devastates the area
Kwh rate is 2.1 cents per kwh
Henry and Irene Zanto win grand prize at annual meeting, a trip to the NRECA Annual Meeting in Dallas, TX.
The image of a city slicker against a country bumpkin was false, and he placed blame on media that wanted a story, stated Lawrence Pettit, campaign manager for Tom Judge in the 1972 governor's race was the guest speaker at the 1972 Annual Meeting
June flood SREC loses truck in Teton River, employees unharmed
51 irrigation pumps added to system (In 2011 there were 836 active irrigation services)
Commissioner of Agriculture, Gordon McOmber, is guest speaker at Annual Meeting - 650 people attend Annual Meeting
Electric cooperatives feeling pinch of Colstrip delay
January 25 Articles of Incorporation extended to "Perpetual Existence"
"We can't build hydro plants because of snail darters. We can't build coal-fired plants on account of pollution. Gas fired plants are out because of a shortage of natural gas. Oil is out because of a lot of reasons. Nuclear was ruled out at the November election, and the only people who can afford solar are the movie stars. Our hands are being tied. We just can't do anything, any place." Rod Hanson, SREC Manager
Office building remodeled - $203,000, F.L. Zion, contractor
SREC had a 24% demand increase. Conservation promoted by Manager Rod Hanson. "Energy conservation is the cheapest, cleanest, and quickest energy resource available."
S.T. McFarland completes 27 years of service on the SREC Board
Senator John Melcher is guest speaker at 44th Annual Meeting. Melcher often was called "the best friend Montana agriculture has"
23 miles of transmission line built to Highwood
Lead topics: "REA Loan Program in Jeopardy", "Reagan Administration wants Market Price vs. Cost of Production"
Montana Power Company proposes 122% increase to Cooperatives. In May the Cooperative looses 700 poles in worst storm of the Cooperatives 46 year history. In one 9-mile stretch east of Conrad only two or three poles were left standing. Power was restored in two weeks.
FERC allows 86.5% increase request from MPC to Cooperatives to pay for Colstrip 3
80 miles of transmission line built, funded by WAPA to better serve SREC area
Transmission line from Bole Substation to Ashuelot Substation completed
Jim Eskridge takes over as General Manager
50 year anniversary Honored guests: Past board members: Morton Higgins, Leland Garner, George Huffman, S.T. McFarland, Robert Lindberg, and Alvin Meyer, Sr.
New transmission line to South Augusta Substation completed
Transmission from Pendroy to Agawam completed
South Conrad Substation expanded and Midway Substation constructed
Joint resolution between Glacier, Marias, Sun River, and Hill County Electric Cooperatives to share major equipment
Present General Manager Scott Odegard hired
SREC office remodeled ($197,000)
Harvey Bremer retires with 40 years of service to the Cooperative. This is the longest tenure of any employee ever to work for SREC.
March - Annual Meeting - SREC celebrates 70 years of service to you, our members!
SREC adds a new substation "North Fairfield"
The metering program changes from "Turtle Meters" to "TWACS Meters"
March - Annual Meeting - Sun River Electric celebrates it's 75th Annual Meeting!