Tim McCarthy
Sioux Valley Energy
General Manager/
Chief Executive Officer
Investing in Reliability
Sioux Valley Energy’s electric system reliability ranks in the top 25 percent of all electric cooperatives nationwide. That is not a performance indicator that just happens overnight or by luck. It has taken years of strategic investment, planning, and scores of high performing employees to make it happen. Does that mean we get it perfect every time or that there will never be an outage? No. Unfortunately, mother nature, public contacts, faulty equipment, etc. also impact reliability.
The Cooperative’s most recent four-year construction work plan that runs from 2024 through 2027 totals $83 million. The next work plan, which will run from 2028 through 2032, may approach $125 million. That means in a span of eight years, Sioux Valley Energy will have invested over $208 million to ensure top-quartile reliability for our members. There is a significant investment needed to maintain and continuously improve an electric system that is 99.997% reliable.
We use something called a ‘balanced scorecard’ to track and measure strategic objectives that fall within four perspectives including members, financial, core business, and knowledge and skills. While the objectives change occasionally, one thing remains steady – our laser focus on reliability.