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.
CODY VANDEMARK Apprentice lineman Vandemark joins us from Lima, Ohio, where he lives with his family. He has a younger brother, a younger sister, and an older sister. “My parents love to take us out on the boat in the summer,” he says. “We have a new family dog named Loki, a Bernedoodle.” WHY DID… Continue reading.
When a major storm causes widespread damage, electricity cannot be restored with the flip of a switch. Here’s how it’s done methodically, efficiently and safely. Every electric cooperative follows a basic principle when it comes to restoring power: priority is given to the lines that get the most back in service the quickest. Here’s a… Continue reading.
It’s never an easy thing to introduce a rate adjustment, but later this year, your cooperative will be making an adjustment to recover the increasing costs of operation. After our board makes its final considerations and gives approval of the new rate structure, we will provide additional details. Our not-for-profit business model places the focus… Continue reading.
Because no other members submitted petitions to run for the board, no formal election is needed. This saves the co-op mail costs. The three incumbent trustees will be re-elected by affirmation. Members in Districts 3, 7, and 8 will not receive a ballot to vote in the election. DISTRICT 3: UNCONTESTED Paulding County (Ohio) townships… Continue reading.
This year, Paulding Putnam Electric Cooperative (PPEC) is planning $4 million in investments focused on system improvements that will directly increase the co-op’s service reliability and maintain existing facilities. This year begins a new four-year construction work plan addressing system growth, proactive maintenance efforts, and SCADA (supervisory control and data acquisition) improvements to reduce outage… Continue reading.
A significant amount of thought and consideration has gone into our Annual Meeting and voting process for this year. One of our new and key events is coming up on May 22, when Henry County REMC will host a Meet the Candidate event for you, the members we proudly serve. I look forward to this… Continue reading.
APRIL 3 DIRECTOR PACKETS DUE Interested candidates must submit their packet, with signatures, no later than April 3 by the end of business day. APRIL 5 CANDIDATE INTERVIEWS Candidates running for the 2024 election will have the opportunity to sit with staff one-on-one to discuss expectations like time commitment, travel, and compensation while learning more… Continue reading.
May 22, 2024 | 4-7 p.m. Henry County REMC Warehouse Meet the 2024 Board of Director candidates, get online voting help, and learn more about what your cooperative has to offer.
