December 12, 2013
Tri-County Electric to Issue Member Rebate
In a move described by co-op officials as an effort to keep services affordable, Tri-County Electric Cooperative’s Board of Directors approved a member rebate during the November board meeting.
To be eligible for this rebate, current members must have been with the service on October 31, 2013. The rebate will be calculated based on kilowatt hour usage during the period from January 1, 2013 through October 31, 2013. The rebate will be issued as a credit on the November statement.
"Tri-County Electric is a not-for-profit electric cooperative, thus, it wishes to maintain only the fiscal margins necessary to slowly build financial and operational strength," said Kevin Wheeler manager of member services.
The cooperative reported no contingencies during the current year, such as severe storm damage or environmental challenges that negatively impacted the power provider's financial health.
"Tri-County Electric would like to share its recent financial success with our loyal member-owners while still meeting our financial and operational goals," said Wheeler.
Cooperative officials indicated the move was made to thank members for their continued support.
"As we strive to make rural America a great place to live, work, play, and raise a family, Tri-County Electric is persistent in our efforts to provide safe, reliable, and most importantly affordable power to our members," Wheeler said.
He noted however, that Tri-County, like electric providers across America, continues to undergo scrutiny by the Environmental Protection Agency (EPA). Co-op officials point out that despite the EPA’s concerns, coal is currently the least expensive way to produce electric power.
"Please support us as we take a stand to keep our electricity bills affordable," Wheeler said. "In order to make your voice heard, please visit www.action.coop."