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[2] A "patronage dividend" is money paid by a cooperative to its patrons on the basis of business done with these patrons, pursuant to a pre-existing obligation, and based on the net earnings of the cooperative from the business done. [3] In practice, cooperatives typically charge their members for services and refund the profits proportionately.
Vernon Electric Cooperative (Vernon County, Wisconsin) [60] Wabash Valley Power Association; Wake Electric Membership Corporation; Warren Electric Cooperative; Washington Electric Cooperative (Marietta, Ohio) [61] West Florida Electric Cooperative; Wharton County Electric Cooperative (El Campo, Texas) [62] Wiregrass Electric Cooperative ...
A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in the form of "patronage" or "capital credits", which are dividends paid on a member's investment in the cooperative.
Darryl Schriver alleges he was fired because he wouldn’t participate in “illegal” activities and is asking to be reinstated. Counterclaim says he misused credit card for personal expenses.
Wright-Hennepin Cooperative Electric Association (WH) is a non-profit, member-owned energy and service cooperative located in Rockford, Minnesota. The company serves more than 59,000 electric accounts in western Hennepin County, Minnesota and most of Wright County, Minnesota .
The Co-op continues to rely on a diversified mix of energy sources, including solar, wind, landfill gas, coal, nuclear and natural gas to provide reliable power to more than 112,000 homes and businesses. Through investments in renewable energy and various efficiency programs, the co-op has reduced its carbon footprint by 46 percent since 2005. [4]
The Southern Maryland Electric Cooperative (SMECO) is an electric distribution cooperative headquartered in Hughesville, Maryland, United States. SMECO serves approximately 161,000 customers in Calvert , Charles , Prince George's , and St. Mary's counties of southern Maryland .
The Cooperative was organized in 1937, and established under the federal Rural Electrification Act. This Cooperative serves portions of eight counties in the state of Texas, in a territory generally surrounding the town of Coleman. The eight counties are these: [1] Brown County, Texas; Callahan County, Texas; Coke County, Texas; Coleman County ...