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.
The annual Legislative Conference in Washington, D.C., serves as an essential platform for sharing with our Congressional Delegation how decisions made in Washington impact the communities we serve. This necessity for political involvement is why cooperative representatives annually travel to Washington to engage with legislators. While there, these representatives advocate for you and our rural… Continue reading.
In honor of the fiber build-out inching closer to completion throughout Marshall County, we decided it would be a good time to announce some exciting updates. Marshall County Fiber (MCF) is getting a new look! We have updated our logo to include brand elements from Marshall County REMC and RTC Fiber Communications to celebrate the… Continue reading.
Marshall County REMC’s Operation Round Up program awards local non-profits with grants to support the work they do in the community. The Operation Round Up board awarded $4,900 to the following organizations: Argos Fire Territory received funding to purchase gloves for firefighters to use for extraction when responding to car accidents. Argos Fire Territory provides… Continue reading.
Marshall County REMC is currently seeking applications for the Operation Round Up board. The Marshall County REMC board will appoint two new members to the Operation Round Up board in the next few months. The Operation Round Up board meets quarterly to review all grant applications and determine how the Operation Round funds will be… Continue reading.
Harrison REMC employees and directors would like to thank everyone who attended the 86th Annual Meeting of Harrison REMC! Despite the impending storms, many members attended the Annual Meeting event on May 8 at the Harrison County fairgrounds. Members played bingo, visited booths, and enjoyed some food and ice cream. The children had a good… Continue reading.
The board of directors of Harrison REMC has approved paying capital credits in the amount of $1.5 million for portions of 1988, 1989, and 2018. The board is excited to return your investment in your electric cooperative with this capital credit retirement. Capital credits are one of the benefits of membership with a not-for-profit electric… Continue reading.
Q: WHAT’S THE DIFFERENCE BETWEEN ALLOCATED AND RETIRED CAPITAL CREDITS? A: Allocated capital credits appear as an entry on the co-op’s permanent financial records and reflect your equity or ownership in Harrison REMC. When capital credits are retired, a check or bill credit is issued to you, and your equity in the co-op is reduced…. Continue reading.
A MEMBER OF THE CREDENTIAL AND ELECTION COMMITTEE DREW PRIZES. RESULTS ARE ALSO POSTED ON HARRISONREMC.COM.
Join us at the newly opened Whitestown branch of the Hussey-Mayfield Memorial Public Library (a recent recipient of a Round Up grant) on the evening of Tuesday, June 18, to celebrate the program nearing $1 million in community support since it began in 2006. Light dinner will be provided beginning at 6 p.m. Attendees can… Continue reading.
Lifelong farmer Alan Cragun enjoys reading biographies and John Grisham tales during the winter and on rainy days. His journey to check out new books — literally — just got closer to home. Cragun lives two miles from the Whitestown branch of the Hussey-Mayfield Memorial Public Library, which opened in April. The library received $13,257… Continue reading.
Thanks for participating in our director election! We are thrilled that we had record-breaking participation this year in our director election! Because we are owned by those we serve, our customers (whom we call members) elect other members to serve on the board of directors. Democratic member control is one of the seven cooperative principles… Continue reading.
