What is a rate study? A rate study is a professional study, usually by a third party entity, to determine whether both existing and future utility rates are sufficient to meet all of the utility’s needs and whether the rates need to be adjusted. How are the numbers in a rate study determined? Developing revenue… Continue reading.

ACE Hardware, State Farm, REI, Land O’Lakes and Boone REMC all share something in common: we’re all cooperatives.  We may be in different industries, but we all share a passion for serving our members and helping our communities to thrive. In fact, all cooperatives adhere to the same set of seven principles that reflect our… Continue reading.

When your local electric cooperative’s energy advisor is stumped by a perplexing     power problem, the solution may come from a fellow energy advisor in another town – or  even another state. Local electric cooperatives, including your power provider, vary in size and the number of homes and businesses they serve. Yet they are… Continue reading.

Hoosier Energy is proud to announce two new scholarships honoring the contributions of longtime Hoosier Energy Directors and Board Officers, Eugene Roberts and Dan Schuckman. Eugene and Dan represented our members for a combined 35 years, devoting countless hours of service to achieve Hoosier Energy’s mission of providing members with assured, reliable and competitively priced… 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.