Chevron Donates iPads with Capital Credits

Date: 
May 7, 2013

 

Chevron Mining Announces iPad Donation to Questa Schools

Chevron Mining, operator of the Questa Molybdenum mine in north central New Mexico, announced the donation of Apple iPads to 280 students and 14 teachers at Alta Vista and Costilla Elementary Schools in the communities of Questa and Costilla, New Mexico. The donation comes from funds received from a Kit Carson Electric Cooperative, Inc. (KCEC) Capital Credits disbursement totaling $123,000.

The Board of Trustees of KCEC voted unanimously at their February 26, 2013 meeting to retire $388,691.18 in Capital Credits for 1980 and 1981. Capital Credits are returned to cooperative members based on their electric usage during specific periods of time. Chevron Mining is the largest electric consumer in the KCEC service territory, so they receive the largest return of Capital Credits funds whenever disbursement is made.

“The donation is an investment in the youth of our rural communities of Questa and Costilla. It came about as a collaboration between KCEC, the Village of Questa, Questa Schools, Questa Library and Chevron Mining Corporation. The timing is excellent since we are currently installing a fiber optic high speed communications network,” according KCEC CEO Luis Reyes. He added, “Kit Carson received a $64 million grant/loan package to connect every home and business in our service territory to fiber optic technology. This donation will assist the students and instructors to take full advantage of this resource.”    

Click here for photo from check presentation

Click here for photo from check presentation

 

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