Board Approves Patronage Allocation

            In March, the Board of Directors allocated margins for 2025.  Margins are the “bottom line” on our financial operating statement when all the expenses of providing electric services to our member-owners are deducted from the revenues taken in.  After the annual independent audit of the books, these margins are allocated to the various reserve accounts and also as patronage capital to the member-owners who received service from the Cooperative during the year the margin was created. 

For 2025, margins of $460,632.80 will be allocated to the member-owners based upon the amount each paid for electricity in proportion to what the other member-owners paid.  The payment of patronage capital is deferred until a future point in time when the financials of the Cooperative allow a refund.  Member-owners who purchased electricity from us in 2025 should receive a patronage allocation notice in the mail in late May or early June.