The regular meeting of the board of directors was held on Tuesday, June 23. 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 Tipmont’s response to recent severe weather events
- Met with the CEO of Indiana Electric Cooperatives
- Reviewed and discussed member comments
The year-to-date margin is $512,901. The cooperative currently has an equity rate of 31.02% and 460 new services have been installed this year. The next regular meeting of the board is Tuesday, Aug. 25.
