|
![]() |
Western Iowa Power Cooperative is a true Cooperative. It is a non-profit electric utility owned by the Members it serves and was established to provide reliable electric service at the lowest possible cost. WIPCO returns all profits from operations of the electric cooperative to the Members of the Cooperative over time. Of course, it is impossible to establish rates whereby the revenue and expenses are always equal. There must be a way to disburse margins that are leftover after the deductions of all expenses. Since you are one of the Member-Consumers of the Cooperative, part of the margins are yours. The portion of the margin that you (or any Member) receives is determined by the amount of business done with the Cooperative each year. The more business, the larger your share of the margin.
Each year you will be notified concerning your share of the Cooperative's margin for the preceding year. The notification will indicate the amount of margins you earned during that year. Between the time you are notified of your capital credits and the time it is paid, the money is used by your Cooperative to maintain and improve the electrical system to insure adequate and dependable electric service. The time between capital credit notification and payment will vary depending greatly on how much it costs to keep your electric system in the best possible operating condition. |
|||
|
|
||||
|
||||
|
||||
Home Who We Are Touchstone
Energy Employment Opportunities Switch Makes Cents
Heating & Cooling Systems
Water Heaters Electric Wiring Rebates
Billing Services
Electric Grills
Surge Protectors Pest-a-Cators
Economic Development Safety &
Education Call Before You Dig
WIPCO Informer Contact Us
Western Iowa Power Cooperative2004-2005