RECC Electric Scandal
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Russell Springs, KY

#22 Sep 14, 2012
Four RECC board members just QUIT all of a sudden, what are they afraid of?
weekend update

Russell Springs, KY

#23 Sep 15, 2012
hmmm wrote:
Four RECC board members just QUIT all of a sudden, what are they afraid of?
South Ky RECC Board President Richard G. "Rick" Stephens and Board Members John Pruitt, Jr, Charles Gore, William Shearer and Board Attorney Darrell Saunders all resigned late Thursday afternoon.

Russell Springs, KY

#24 Sep 15, 2012
weekend update wrote:
<quoted text>South Ky RECC Board President Richard G. "Rick" Stephens and Board Members John Pruitt, Jr, Charles Gore, William Shearer and Board Attorney Darrell Saunders all resigned late Thursday afternoon.
Aint that something .Funny how they start falling out like flies when the heats on, aint it ?
co op member

Russell Springs, KY

#25 Sep 16, 2012
WHITLEY CITY — A McCreary County businessman has come under fire for alleged wrongdoing while chairing Kentucky’s largest rural electric cooperative.
Rick Stephens, who has served on the board of the South Kentucky Rural Cooperative Corporation (SKRECC) for 36 years and chaired it for the last 12,
The petition cites examples of Stephens’ alleged conflicts of interest, including that he pressured co-op employees to buy auto parts from a Whitley City store he owned based on a bid then raised prices.
In relation to co-op property, Tuttle said SKRECC sold the old McCreary County office to a man with whom Stephens had done business, who then leased the property to Stephens.
Deed records from February 2004 show that SKRECC and LEL, Ltd. participated in a land swap valued at $240,000 in which the old office was exchanged for the property on which a new office was constructed.
For $1,080,000, the co-op also bought 83.6 acres of land in Pulaski County in the spring of 2003 to build a new office. A company called Speculative Ventures had bought the property less than four months earlier for half that amount, according to deed records. According to Commonwealth of Kentucky Secretary of State Alison Lundergan Grimes, Speculative Ventures is owned by Blaine S. Correll Sr. and Blaine S. Correll Jr. of Somerset.
The petition also said that the co-op board members have taken retreats resulting in excessive expenses while co-op customers are facing higher hates. According to Tuttle, the board went to New Orleans last year without senior managers.
For his part, Singleton said that he has felt for some time that a change needed to be made and agreed to be part of the petition drive when asked.
“What I would like to see is that the co-op is run in the best interest of its members,” Singleton said.“We’re just looking at the facts on public record.”
Singleton, who said he has not ruled out running for Stephens’ board seat, also expressed concern about reports that SKRECC CEO Allen Anderson’s job had been jeopardized by recent conflicts with the board.
In mid-August an impromptu rally was held in support of Anderson at the Somerset office, where a meeting of the board of directors was being held.
Anderson acknowledged Stephens had disagreed with him on certain business decisions and that other board members became upset during the last board election in June when some RECC workers became “actively involved” and an incumbent was defeated. The CEO maintained that since many employees are also members, they had the right to be involved as long as it was not on company time.
“It’s an unfortunate situation which we all hope to resolve so we can serve our members,” Anderson said.“You can’t forget that the co-op members have a right to ask questions and hold us accountable.”
Anderson also expressed concern for SKRECC’s employees, many of whom do dangerous work.“Our employees like to feel secure and appreciated. It’s been a trying time to keep morale up when conflict set in between me and the board,” he said.
Serving on the SKRECC board with Stephens are vice-chairman Charles Gore of Russell County, secretary/treasurer Rick Halloran of Pulaski County, Bill Shearer of Clinton County, Billy Gene Hurt of Wayne County, Lee Coffey of Lincoln County and John T. Pruitt Jr. of Pulaski County.
A seat on the SKRECC board carries an array of lucrative benefits including insurance, retirement and convention junkets. Compensation varies among board members but Stephens, who term expires in 2015, received $29,177 last year according to PSC records. His compensation since 1997 totals more than $325,000.
SKRECC is one of 19 co-ops regulated by Kentucky’s PSC, 16 of which distribute power generated by Winchester-based East Kentucky Power Cooperative. PSC records indicated that board members for four of those utilities are not compensated.

Glasgow, KY

#26 Sep 16, 2012
A lady came around our trailorhood, petition n hand. Yes i signed it. Most of the ppl on the board slide on n there without a whisper, not to mention a proper election process. Seems. as if I mayve been asked to vote every now n again, but more often, I've no clue who they are or even what they do ):

Russell Springs, KY

#27 Sep 16, 2012
hmmm wrote:
Four RECC board members just QUIT all of a sudden, what are they afraid of?
Lets not just let these crooks get off scott free with just by resigning .Need to be criminal charges pressed ,if it were one of us you can bet on it .The monies need to be recovered & redistibuted .Stuff like this is why our rates keep going up & up .We must demand justice ,we own this thing anyway .They suppose to answer to us .

Jamestown, KY

#28 Sep 16, 2012
yep our bill this month was 500 so just go up there to recc and sign it there
Bell Boy

Russell Springs, KY

#29 Sep 16, 2012
the thang that get me. Is be for they put these miters in My eletrice bill wuz only 45.00 to 48.00 a month in the winter. now its like 185.00 a mounth. And the bad the sad thang about it is that all i have is wood heat. Tell me why............ and i thank that it is bull crap. that they can trun your ele. off at the ele.coumpny now. They have trun my ele off for three mounths in a row. So they can charge you a reconecte charge to. Like its not hight enought. Hex yell ill sign that paper. where do you go to.
weekend update

Russell Springs, KY

#30 Sep 16, 2012
No need to sign anything now since the chairman in question resigned last Thursday.

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