Consolidation talks end

Boards of directors decide not to unite REMCs

Posted on Nov 29 2018 in Kankakee Valley REMC

The Kankakee Valley REMC and Jasper County REMC boards of directors have ended consolidation discussions.

During the past year, the boards of the consumer-owned, not-for-profit electric cooperatives have been examining a possible consolidation of the two strong organizations to enhance service and provide savings to consumers. Consumers have been kept updated through articles in Electric Consumer during the exploratory, research and analysis processes.

“The boards felt the decision was not in the best interest of the two cooperatives’ consumers at this time,” said Kerry Miller, board president of Jasper County REMC.

“Our two electric cooperatives have always maintained a great relationship and will continue to do so even though we will not be consolidating our operations,” added Otto Werner, board president of Kankakee Valley REMC.

Consumers should expect no negative effects from this decision, as both cooperatives will continue as before.

The board of each cooperative remains committed to providing the best service possible to its consumers and will continue to review potential consolidation options in the future.

Kankakee Valley REMC is also continuing its search for a new CEO to replace its longtime executive who retired in August.