Historically, Southwest Iowa REC has paid deferred patronage dividends to the estate of a deceased member at 100% face value when applied for. These refunds have been paid out of the normal rotation cycle. Other members have had to wait for a general patronage retirement to be approved by the Board of Directors to get their refund. The normal general patronage retirement cycle is around 20 years but we have been on a 16 year cycle in recent history. Best practice for our industry is, if an electric cooperative chooses to make special retirements, such as retirements
Iowa’s not-for-profit electric cooperatives have returned from a successful trip to the nation’s capital. While in D.C., advocates met with Iowa’s congressional delegation on issues impacting their ability to provide reliable and affordable power.
The purpose of the trip is to ensure Iowa’s elected officials are fully aware of the thoughts and concerns of their constituents who are served by not-for-profit electric cooperatives.
Southwest Iowa REC is joining with 30,000 other cooperatives nationwide in October to celebrate National Cooperative Month, which recognizes the many ways cooperatives help to build stronger communities and a stronger economy. “Cooperatives Build” is the theme for this year’s celebration, spotlighting the many advantages cooperatives offer to their members and the communities in which they live and work. Nationwide, cooperatives create 2.1 million jobs and generate more than $650 billion in sales and other revenue annually.
In order to stay safe on the farm, keep the following electrical safety guidelines in mind:
WARNING!!!! POKEMON NO!
Southwest Iowa Rural Electric Cooperative warns players of the reality game "Pokémon GO" to stay away from power lines, transformers, and substations when playing the game.
John Allen, Director of Member Services, retired on June 30th after 21 years of service to the members of Southwest Iowa REC. A retirement open house was held at the Mount Ayr office with approx. 100 people stopping by to wish John good luck. We wish John the best in his future endeavors. Congratulations, John!
REC advocates make most of valuable time in
May 6, 2016 – Advocates from Iowa’s rural electric cooperatives have returned from a successful trip to the nation’s capital. While in D.C., advocates met with White House staff, the U.S. Department of Agriculture (USDA) and congressional staff and honored former Iowa Senator Tom Harkin.