One of my favorite quotes has always been, “Those who do not remember the past are condemned to repeat it.” Yet sometimes, remembering our history with the goal of repeating it can actually be a good thing. As the nation’s 30,000 cooperatives celebrate National Co-op Month this October, it is a great time to take a look back — and a look forward.
Consider the history of your electric co-op. Southern Indiana Power was founded when neighbors worked together to bring electricity to our rural community. Big investor-owned power companies thought they couldn’t generate enough profit so they bypassed rural areas. Back then, there were frequent meetings among neighbors to discuss the formation of the cooperative. Once established, annual meetings were the “must attend” event of the year. The co-op — on behalf of the member-owners — committed to provide the community with electricity.
Fast forward to today — and tomorrow. Southern Indiana Power currently serves 8,500 members. We have returned approximately $3 million in capital credits back to our members since 2012.
We understand the spirit that helped create this co-op must be continually nurtured. While times and technology will continue to change, our commitment to you will not.
Although we started out to provide electricity, our impact (with your support) has grown.
As we continue to look toward the future, you can be confident that Southern Indiana Power will commit to explore new ways to help our members and our community. We are always striving to find programs to help our members. Services such as Air Evac Lifeteam, Operation Round Up and the Co-op Connections Card attempt to bring more value to cooperative members.
Over the years, as we’ve listened to you and your fellow co-op member-owners, we know that we have to keep pace as technology and consumer tastes evolve. As always, we welcome your participation as we plan for the future.
Steve Seibert
President/CEO