Patronage refunds (also known as capital credits) are retained margins left over at the end of a year at a not-for-profit electric cooperative. Since a cooperative’s “shareholders” are also the people the co-op serves, capital credits reflect each member’s ownership in the cooperative. This month, $1.5 million in capital credit refunds was issued to… Continue reading.
Southeastern Indiana REMC is governed by a nine-person board of directors elected by the membership. As a member/owner, you can vote for the 2022 director elections online, through mail or in person at our 2022 Annual Meeting. There are three director positions up for re-election. DISTRICT 4 Jesse McClure and his wife, Laura, have been… Continue reading.
There will be a total of 10 booths in the REMC Expo this year at the SEI Annual Meeting on March 26. All booths will be in the gymnasium. Energy Explorers Booth Southeastern Indiana REMC will provide children in attendance with electrical safety and conservation educational materials. Children will receive a scavenger hunt list. … Continue reading.
The 82nd annual meeting of the membership of Southeastern Indiana Rural Electric Membership Corporation was held virtually, beginning at 6 p.m., EDT, on March 30, 2021. Proper notice of the meeting had been mailed to each member, and the 2021 director election voting packet was postmarked on March 1, 2021. President Darrell Smith called the… Continue reading.
Over the past 25 years, Noble REMC has been fortunate to be in the position to return more than $10 million back to our members. This is what we call “patronage capital,” also known as the cash back you receive when Noble REMC has excess revenue to return to our members. (You may even remember… Continue reading.
As you all know, COVID-19’s effect on the safety of our members, employees and directors transitioned our in-person Annual Meeting and Picnic to a virtual format for the past two years. But, this year, we’re bringing back an in-person event! It will look a bit different – with two separate events – but that allows… Continue reading.
Noble REMC wouldn’t be successful without our employees and directors. To highlight the work that they do, we’ve launched a new series – Lighting the Way – to place a spotlight on those who help the co-op thrive. Noble REMC Director Andy Strack began his service to the co-op in 2002 after being appointed to… Continue reading.
It may not have been part of their plan, but the lives of Kerry and Jocelyn Clouse changed three years ago by a wandering thought, a Christmas gift and some beans. Kerry had been curious about roasting his own coffee beans so he and his wife, Jocelyn, could drink fresh coffee every day. Jocelyn took… Continue reading.
When Mike Klopfenstein makes a goal, he sees it through. It’s as easy as that. Take for example his path at Noble REMC. He began as an apprentice lineman in June 2019, and by December 2021, he had earned his journeyman lineman certification, alongside an Associate of Applied Science in Apprenticeship Technology – Electric Line… Continue reading.
For 20 years, the Operation Round Up program has been changing lives, as well as the community, through the spare change voluntarily given by Noble REMC members. With more than 85% of our members participating in the program and more than $900,000 in funds granted over two decades, the pennies donated by rounding up your… Continue reading.
