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.
We assume our electricity will be readily available unless there’s a power outage. When we flip the switch or turn on an appliance, with think everything will work as expected. We don’t always consider what will happen if something is awry. If there’s a problem with your home’s wiring, or it’s inadequate for the appliances… Continue reading.
Although we rely on electricity every day, we sometimes take it for granted because it is easy and dependable. We also don’t think about how this vital resource can create dangerous situations for us and our families. Brush up on your home electrical safety with these tips. 1 Water and electricity don’t mix. Keep electric… Continue reading.
Tornadoes or other weather-related disasters often bring widespread power outages. Most electric utilities follow a similar methodical plan that ensures power is restored to the greatest number of people in the shortest amount of time in the safest manner possible. To do that, your co-op utilizes this priority system when line crews are working on… Continue reading.
Our 2023 theme, “Unmatched Value,” gets straight to the point — your co-op membership provides an unbeatable return for the investment. At the heart of our mission is the relentless pursuit of value for our members. Your ownership in this not-for-profit co-op is different from being a customer of an investor-owned utility. Your membership represents… Continue reading.
Your cooperative continued to perform well in 2023. Although we saw kilowatt-hour purchases and sales decline by more than 5% each — mostly due to moderate weather — financial goals were still achieved. Total margins exceeded $4.3 million and were above budget by $809,000, or 23%. This was achieved due to lower operating expenses (under… Continue reading.
You probably don’t think about them until your power goes out, but electric lineworkers protect our homes and communities 24 hours a day. Like other first responders who keep us safe, lineworkers endure all kinds of weather and challenging conditions. In April, we celebrate Lineworker Appreciation Day to honor the men and women who power… Continue reading.
The PPEC board of trustees has formally approved a redistricting initiative to more equally spread the number of members across each district in our territory. Members affected were notified on their March bills. At the top right corner of your electric bill (highlighted at right), you will see your district listed. Scipio, Maumee, Jefferson, and… Continue reading.
Congratulations to Senior Staking Technician Doug Johanns, who was voted by PPEC’s employees as the 2023 Quarter 4 Rockstar Employee! This internal quarterly recognition program allows employees to nominate and vote on deserving co-workers whom they feel have gone above and beyond or deserve recognition. Johanns joined the PPEC team in May 1986. His role… Continue reading.
MARK YOUR CALENDARS FOR THURSDAY, JUNE 13, 3–6 P.M This year will bring our fourth drive-through Annual Meeting. When we first changed the format of the Annual Meeting, we didn’t know how it would be received. To say it has been a successful transition would be an understatement. Our members appreciate the streamlined, energetic feel… Continue reading.
KREMC recently welcomed Noelle Thomas to the team as a media design specialist. We sat down with Noelle to learn more about her. What brought you to work for KREMC? Honestly, it was a combination of factors — I wanted a stable position that would allow me to pursue my passion for motion graphics and… Continue reading.
