NH Electric Co-op - Good Governance Petition

[ITD]

Originally Posted by TheProfessor

From what I hear locally.

Most want the government out of most everything.

Are these same people now wanting the government to control/access/regulate this entity ?

If you look at what these "regulated" companies charge for electricity, it's pretty easy to assume falling under the regulator's purview would not be good for our pocketbooks.

Boards provide oversite of CEOs and management actions. We are fortunate in that our cooperative can democratically influence the composition of the board, more so than share holders of a publicly held company.

I tend to agree with Leo, in that board members, especially in a co-op should have unfettered access to all information. Especially things such as purchase negotiations and contracts.

We are not developing space craft, rocket engines, AI or other things here. We are buying power from producers and selling it to ourselves. I can't fathom what "sensitive" information is. Customer info, such as ID and phone numbers can be easily assembled from address info readily available in the public realm. So that can't be it.

The funny thing here is that some of the biggest tech companies are open sourcing their intellectual property.

Open the records up to the board.

[Amy.Anna]

Originally Posted by ITD

If you look at what these "regulated" companies charge for electricity, it's pretty easy to assume falling under the regulator's purview would not be good for our pocketbooks.

Boards provide oversite of CEOs and management actions. We are fortunate in that our cooperative can democratically influence the composition of the board, more so than share holders of a publicly held company.

I tend to agree with Leo, in that board members, especially in a co-op should have unfettered access to all information. Especially things such as purchase negotiations and contracts.

We are not developing space craft, rocket engines, AI or other things here. We are buying power from producers and selling it to ourselves. I can't fathom what "sensitive" information is. Customer info, such as ID and phone numbers can be easily assembled from address info readily available in the public realm. So that can't be it.

The funny thing here is that some of the biggest tech companies are open sourcing their intellectual property.

Open the records up to the board.

This is so uninformed and dangerous that it doesn’t merit a response beyond this. Go do some research on the dangers of mishandling of personally identifiable information (PII) and come back and do a report for the class. Also, utilities are a vital part of our public infrastructure, not some hobby. Let me know when AI does something other than confidently lie to me.

[ITD]

Originally Posted by Amy.Anna

This is so uninformed and dangerous that it doesn’t merit a response beyond this. Go do some research on the dangers of mishandling of personally identifiable information (PII) and come back and do a report for the class. Also, utilities are a vital part of our public infrastructure, not some hobby. Let me know when AI does something other than confidently lie to me.

Amy, NHECs customers are readily identifiable by their location (NHEC's territory) and easily obtainable public records via tax records, GIS maps, and for a determined person, companies that will tell you almost everything you want to know about a customer based on their address.

It is ridiculous that board members are denied access to any information concerning the company they are governing.

Of course, your point about personal customer information is an obvious canard, a distraction, I seriously doubt any board member is interested in customer info, beyond usage and revenue.

The issue that Leo brings up is denial of access to purchase contracts and financial information. That is absolutely within the purview of a board member and honestly is negligent if the board doesn't regularly review this information and delve into the information that is used to put financial reports together. If there is question about a contract, or "sensitive" legal negotiations, the board should be in the loop and making suggestions, not cast aside and ridiculed for their efforts. The board is elected by the COOP members as our eyes and ears, shutting them out is shutting the COOP members out.

Your concern about board members having access to this information is.... well, concerning.