At the end of each year, Southern Indiana Power calculates our operating margin, which is the amount our income exceeded our expenses during the year. We then allocate the operating margin as “capital credits” to each member based on the amount of electricity purchased throughout the year. When our board of directors determines it’s financially… Continue reading.
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.
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.
It’s been said that change is the only constant in life, and there seems to be no shortage of change here at the co-op. I will do my best to update you on some of the changes at Jasper County REMC. The demands weighing on our board of directors have significantly changed. Directors have always… Continue reading.
Bart Nesius, DISTRICT 1 Bart Nesius is the incumbent director from District 1. Nesius and his wife, Cindy, live in rural Rensselaer and have two sons, Bryce (26) and Braden (22). Nesius owns and operates a farm where he raises corn and soybeans. Nesius was elected to the Jasper County REMC board of directors in… Continue reading.
Our Operation Round Up grants were recently issued, and your spare change is doing more great work in our communities! A total of 13 grants were issued this quarter. If you are a member of an organization that would benefit from the Operation Round Up funds, visit our website for the quarterly applications.
It’s been said that a journey of 1,000 miles begins with a single step. For Connect – Internet by Jasper County REMC, that step was installing a fiber ring connecting our electric substations. Although we’ve taken many steps on this journey since then, there is still a long way to go before completion. As of… Continue reading.
OFFICE CLOSURE Our office will be closed on Thursday, July 4, in observance of Independence Day. UPDATE YOUR INFO Please update your contact information. We need an accurate phone number and email on file so we can keep you informed about electric or internet updates. Call the office, update it in SmartHub, or use the… Continue reading.
We see time evolving all around us: the leaves on the trees in our yard display the season, children get bigger — or new ones arrive! For some, graduations mean moving on to high school, leaving for college or moving into a first apartment. And some of us notice a bit more gray in the… Continue reading.
District 1 KLINT MOSER (INCUMBENT) Moser is a lifelong Adams County resident. He was elected to the board in 2014 and is running unopposed. He serves on the co-op’s membership and public relations committee. Moser lives in rural Decatur with his wife, Amy, and their two children, Grace and Kate. He graduated from Adams Central… Continue reading.
