The regular meeting of the board of directors was held on Tuesday, Jan. 27. All directors were present. Also attending were CEO and president Ron Holcomb and attorney Brian Garrison.
The board:
- Received and discussed a report on power supply
- Reviewed and discussed plans for a new substation design
- Reviewed and discussed an Indiana Electric Cooperatives (IEC) update
- Reviewed and discussed member comments
The year-to-date margin is $1,305,374. The cooperative currently has an equity rate of 30.65% and 1,142 new services have been installed this year. The next regular meeting of the board is Tuesday, March 24.
