Our Mission and Commitment
“Building on our heritage and having confidence in the future, the Guadalupe Valley Electric Cooperative is a team of professionals committed to exceeding our members’ expectations by identifying and investing in products and services that fulfill the needs of those we serve.” This is GVEC’s mission statement. It’s what drives us to evolve beyond the meter—to continually find ways we can make life better for our membership. Wireless Internet service, Fiber to the Home, Electrician, AC/heating and Solar services—these are all examples of ways we carry out our mission.
In keeping with our commitment to identify and invest in the future of the electric industry, GVEC purchased its first all-electric vehicle in October 2018—a 2019 Chevy Bolt nicknamed “Sparky” by a social media poll. We also purchased Sparky to gain a better understanding of how electric vehicle (EV) charging may affect the electricity distribution system in the future.
More Than a Passing Trend
With predictions of rapidly rising manufacturing and purchasing of EVs, preparation for the additional electricity pull from the power grid is essential. Experts believe that electric vehicles will become competitive in the marketplace by 2024, with EV sales making up over half of all sales by 2040. The biggest factor for this boost is a predicted 93% reduction in lithium-ion battery costs from 2010 to 2030. This means a battery with a price tag of $1,000 in 2010 will cost only $70 in 2030. This also means that EVs will be cheaper to buy than most traditional internal combustion engine (ICE) vehicles.
Along with becoming more affordable, a wider selection of EVs is expected to be available by that time as legacy automakers become major players in the EV market by the early 2020s. For example, Ford is slated to produce 13 and GM plans to produce 20 EV models by 2023. This is evidence that driving electric is more than a passing trend.
Preparing for EV Progression
In further preparation for EV retail growth, GVEC has installed two public-use fast-charging stations. These GVEC Power Tower™ electric vehicle charging stations offer fee-based public access. One Power Tower is located at our Seguin Customer Service office and the other at our Western Operations Center, both off I-10 centrally located between San Antonio, Austin and Houston.
In an effort to keep our members informed on EV progression, we have created a new Electric Vehicles web page. Find additional information about EVs and our Power Tower fast-charging stations at www.gvec.org/electric/electric-vehicles.
As is our custom, we are continuing to build on our forward-thinking heritage to ensure our service territory will not be left behind as the EV evolution continues.
Contact Me by Phone, Email or Mail
I am always interested in your comments and feedback. Contact me by phone at 830.857.1152, by email at email@example.com or by mail at P.O. Box 118, Gonzales, Texas 78629.