Over the CEO’s Desk: Capital Credit Retirement 

Each year since 1984 your Board of Directors has authorized a payout or retirement of capital credits back to the Members based on a 20 year rotation of ownership. Some years back then were good years financially and others were not so good depending on costs the cooperative encountered (storms, power costs, etc.) to keep the lines up and the power flowing. From 1984 through 2008 we’ve returned $3,008,417.00 of equity back to the Members.

Try this New Year’s resolution:
Wasting less energy in 2010 

A new calendar year provides opportunities to improve old habits and make positive changes.

If your New Year’s resolutions include the usual promise of starting up the treadmill or eating healthier, consider another idea: resolve to be energy efficient.

Member recognition for energy efficiency 

North Itasca Electric members can be proud of themselves for a program well done. North Itasca was selected out of 100 cooperatives for our “CFL for Food” program to be used in a video/interview Midwest Energy Efficiency Alliance (MEEA) is producing to help other generation and transmission cooperatives like Great River Energy (GRE) and distribution cooperatives like North Itasca Electric in developing energy efficiency programs within their service territories.

Santa’s Mitten Maids at work 

Community volunteers, also known as Santa’s Mitten Maids, shop each Christmas for children who may otherwise not have a gift, wrap gifts and deliver the packages. Each Christmas package has a hat, a pair of mittens, an age appropriate book, a nice present and school supplies. The groups try to make sure that all children at home on Christmas are included until they graduate from high school or leave the home.

Conservation: Where do I begin? 

1. Understanding
1. Conduct self audit of your home reviewing last two years of energy bills to establish baseline for comparison.
2. Low cost / No cost
   1. Turn things off
   2. Adjust temperature settings
   3. Change filters/check appliances

December 2009 Calendar of Events