Cooperatives see the future

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Posted on Sep 20 2018 in Southern Indiana Power

Steve Seibert

Dramatic changes are transforming all aspects of the energy industry. Interest in renewable energy is at an all-time high, and ultimately consumers want greater control over their energy use and payment methods.

The prevalence of smartphone apps and “smart” technology for the home is increasing, and consumers and businesses are showing greater interest in electric vehicles. There’s no denying it: Electric utilities will have to make changes to the way they provide energy to accommodate these trends. Luckily, Southern Indiana Power is uniquely positioned to meet these changing energy needs because we are a cooperative.

Co-ops are community-led

October is National Co-op Month, which is the perfect time to highlight the many ways electric cooperatives are unique.

Cooperatives are locally governed, looking out for the long-term needs of their consumer-owners.

Electric cooperatives belong to the communities they serve. This heightened community focus allows us to quickly adapt to evolving consumer expectations. Our closeness to the community ensures a better response to these needs because we are led by the people that we serve.

Co-ops are catalyst for good

Electric co-ops, like Southern Indiana Power, are a catalyst for good in their communities. Co-ops engage their consumer-owners to do things that might otherwise be different or seem impossible — like more than 75 years ago when electric co-ops brought power to areas where other utilities did not find it economically feasible. Cooperatives exist to meet a need that was previously unmet in the community, and they are ever striving to anticipate and plan for the future needs of their consumer-owners.

Electric cooperatives often partner with local groups to bring economic opportunity to their local community. It is this facilitation role that is often the most valuable strength of the co-op. Right here in our service territory, we partner with our local Chamber of Commerce as well as our economic development organizations in both Perry and Spencer counties.

The co-op business model is unique. It is pragmatic, mission-oriented and puts people first. At Southern Indiana Power, we strive to be a trusted voice in our communities. Co-ops have earned that trust because we always have our members’ best interest at heart and are determined to enrich the lives of those living and working in the communities we serve — now and in the future.

STEVE SEIBERT
President/CEO