Jackson County REMC
Jackson County REMC is a member-owned electric cooperative headquartered in Brownstown, Indiana. As a cooperative, Jackson County REMC follows seven core principles that are universal to cooperatives worldwide. Among those principles is one stressing education, training and information. Indiana Connection, a monthly magazine published especially for Indiana’s electric cooperative members, is one way the REMC informs and educates its members. Indiana Connection is available not only in a print format, but as an electronic publication for those who prefer getting their information on their electronic devices.
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2023 Financial Report
2023 ELECTRIC DIVISION FINANCIAL NOTES 1) Operating results: In 2023, overall accrued electric margins of $10,782,376 included $1,490,145 of non-cash capital credits from Hoosier Energy, Inc., and other Cooperative business associates. 2023 kWh sales of 445,642,593 was 6.82% percent lower than 2022 kWh sales of 478,275,626. 2) Financing of capital expenditures: The 2023 $8.2 million… Continue reading.
Hoosier Energy gives back with Community Impact Week
Hoosier Energy held its second annual Community Impact Week this spring, which was bigger and better than the first. Hoosier Energy employees’ participation increased by 11 percent, and they also saw increased opportunities to participate. The week kicked off with Monroe County Community Kitchen’s Backpack Buddies, which distributes backpacks with food items for distribution to… Continue reading.
Understanding capital credits
What are capital credits? At the end of each year, we calculate the difference between the REMC’s revenue and the actual expense of operation for the year. This difference is called operating margins or patronage capital. Patronage capital is used throughout the year to pay for the installation of poles, wire, transformers, and other equipment,… Continue reading.
Important notice: Changes to Annual Meeting voting
WHAT IS CHANGING We are excited to announce that this year’s Annual Meeting will feature a new and improved voting process for the election of our board of directors. To adapt to modern technologies and streamline our procedures, we have transitioned to an online-only early voting platform through SmartHub. Please note that you will only… Continue reading.
An updated voting process
We are introducing a new era of convenience and accessibility with our updated voting process. While you can still vote in person at our Annual Meeting, no more paper ballots will be mailed to your doorstep. Instead, we are embracing digital voting through our user-friendly SmartHub app. This means you can cast your vote electronically,… Continue reading.
In the community
Last month, Jackson County REMC participated in Washington County’s Ag Day, where we empowered young minds with crucial knowledge about electrical safety. From our demonstration to engaging discussions, we are helping light the way to a safer tomorrow. We were also thrilled to have been part of Seymour High School’s Career Day, inspiring the next… Continue reading.
