Operation at cost is part of the cooperative difference. Electric cooperatives aren’t like other utilities. You, as a consumer and a member, own a portion of the business. And one benefit of that membership involves the allocation of excess revenue, called margins, in the form of capital credits. Electric cooperatives operate at cost, collecting enough… Continue reading.
When the economy is uncertain, it’s good to know that your neighbors have your back. One of those good neighbors is your electric cooperative. Your electric co-op exists to provide you safe, reliable and affordable energy. Equally important is our mission to enrich your lives. Your electric utility is locally owned. In fact, you and… Continue reading.
The first successful U.S. cooperative was organized in 1752 when Benjamin Franklin formed the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire — the nation’s oldest continuing cooperative. Electric cooperatives began because it was not cost-effective for investor-owned utllities to string power lines into rural areas in the 1930s. Indiana Electric Cooperatives,… Continue reading.
Co-ops deliver electricity, sell produce, provide loans, and arrange for housing, health care and more. But despite these differences, they all have one thing in common, especially during National Cooperative Month, — seven cooperative principles: Voluntary and open membership: Available to all who can reasonably use their services. Democratic member control: Each member has one… Continue reading.
You might be surprised by the number of co-ops around you. Co-ops have been formed to sell produce and electricity, offer financial and banking services, provide housing and health care, and so much more. So, where did the bright idea for co-ops come from? It’s a matter of principles (seven to be exact!). The modern… Continue reading.
Most of us use electricity, either directly or indirectly, at almost all times. Because electricity is so abundant and available with the simple flip of a switch, it’s easy to take it for granted. According to the Energy Information Agency (EIA), the typical U.S. household now uses more air conditioning, appliances and consumer electronics than… Continue reading.
Whenever a hurricane, wildfire, or other natural disaster causes a widespread power outage, people tend to ask a logical question: Why don’t they put the power lines underground? It’s one of those questions that seems to have an easy answer — until you start looking at the details. The debate over “undergrounding” power lines comes… Continue reading.
Have you ever noticed your lights blink during a thunderstorm? Or perhaps you’ve noticed a blinking microwave clock when you arrive home. When this happens, you’ve likely experienced a brief disruption to your electric service, which could result from a power surge or blink. While the symptoms of surges and blinks can appear similar, what’s… Continue reading.
Operation Round Up funds totaling $47,430 have been awarded to 23 recipients from the REMC’s seven-county service territory. This grant money is made possible through the generosity of the REMC membership who round up their monthly electric bills to the nearest dollar amount.
SEIREMC understands the importance of working together to accomplish great things. Here are some of the ways we have recently been working with others on behalf of our members. Working with other co-ops Cooperation among cooperatives is one of our core principles. In addition to giving and receiving help during extensive storm restoration efforts, co-ops… Continue reading.
The fanfare of graduation and all the “lasts” associated with being a high school senior are now a distant memory for these recent high school graduates. Rachel Kuhn, Shaylee Volz and Ben Wolf are all off to college this fall, beginning new chapters in their lives that Southeastern Indiana REMC is happy to be a… Continue reading.