Originally Published: August 29, 2018 8:22 p.m.
How many people put, on their vacation itinerary, a visit to their former utility company? Maybe if there were more cooperative companies across our nation, more vacationers would.
We lived in rural Missouri for some 30 years before moving to Prescott in 2005. Our electricity came from Cuivre River Electric Cooperative; and as such, we were members who owned and ran the co-operative.
The rates were always reasonable, we had good service, and we actually knew some of the employees because they were our neighbors, living in a rural community.
At some point in our membership, we began to receive annually checks that represented “margins — revenue in excess of expenses for each year.” Our most recent check arrived 8/2/2018 in the amount of $192 for the year 1995. We think we have 5 more checks to go.
We are perplexed by the fact that there are few utility co-ops in our nation. Most citizens are aware of controversy surrounding the large utility companies over rate hikes, funding and political shenanigans. Why aren’t more companies run like Cuivre River Electric Cooperative where the customers really are served and there is honest oversight by the community? And, customers/members receive margin revenue checks?
How can one not want to stop in to see and thank the folks in the main office of the co-op that sends out annual payments? Last time we visited in Missouri, we did just that.
Dorci and John Leara