There are so many benefits that come with co-op membership, but perhaps one of the best benefits is capital credits. What are capital credits? 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 (assign) the operating… Continue reading.

Operation Round Up grants accepted next month The time of the year when we accept new grant applications is quickly approaching. Operation Round Up is simply what the name implies. Southern Indiana Power just “rounds up” the electric bill of participating members to the next highest dollar. All Operation Round Up donations are placed in… Continue reading.

Just show your Co-op Connections® Card and enjoy! Brown’s Bittersweet Farms 13945 Old State Road 7 Tell City, IN 47586 812-836-2015 10% off breakfast platter Tuesday–Sunday, 8 a.m. to 2 p.m. Los Amigos Mexican Grill 1603 Main St. Tell City, IN 47586 812-548-4441 https://www.restaurantji.com/in/tell-city/los-amigos-mexican-grill-/ $5 off any purchase $30 or more Not valid on alcohol… Continue reading.

In an effort to keep you informed of your cooperative’s operations and activities, the following are highlights of the May 30 board meeting. 1. All directors were present along with CEO Steve Seibert and Administrative Assistant Lisa Hinton. 2. The April 30 board meeting minutes were reviewed and approved. 3. The membership certificates and vouchers… Continue reading.

On May 7, the Tell City Common Council voted to rescind the annexation ordinance that it passed in December 2013. This decision finally marks the end of a four-year-long saga that was filled with as many twists and turns as an afternoon soap opera. Annexation has tax implications for the affected property owners and can… Continue reading.

Member cooperatives throughout central and southern Indiana are now gathering energy from ten 1-megawatt solar arrays.  Collectively, the 10 solar sites provide approximately 20 million kilowatt-hours (kWh) of energy annually. This is equivalent to powering 30,400 refrigerators for a year. These solar arrays contribute to Hoosier Energy’s target of supplying 10 percent of member energy… Continue reading.

A cooperative does not earn profits in the way other businesses such as investor-owned utilities do. Instead, any profits or margins remaining after all expenses have been paid are returned to the members in proportion to their use of the co-op’s services through capital credit allocations and retirements.  Capital credits represent each member’s share of… Continue reading.

The 79th annual meeting was held at the Spencer County Youth and Community Center on April 17. More than 525 members registered, and we issued 943 meal tickets for members and their families. Over 160 children attended and entered their names for the kids’ prize drawing. For those of you who missed the meeting, I’ll… Continue reading.

Operation Round Up allows Southern Indiana Power members to work together to help others. Thank you to those members who round up their electric bills to the next highest dollar each month. Since the inception of the program in 2006, grants have been awarded to local organizations totaling over $370,112. Your small change is really… Continue reading.

Look for this column each month as we feature local businesses offering an instant discount to Southern Indiana Power members. Just show your Co-op Connections® Card and enjoy! The Rustic Country Club 1375 S. Old State Road 45 Rockport, IN  47635 812-649-9258 10% off discount. Not valid with other offers or discounts. Lincoln Pines Lake… Continue reading.

In an effort to keep you informed of your cooperative’s operations and activities, the following are highlights of the April 30 board meeting. All directors were present along with CEO Steve Seibert and Administrative Assistant Lisa Hinton. Also present was cooperative attorney Chris Goffinet. The March 21 board meeting minutes and April 5 special board… Continue reading.