As the holiday season approaches, we’re reminded of the importance of generosity and compassion. This time of year, we often reflect on our blessings and look for ways to uplift others. At Meeker Cooperative, however, giving back is a year-round commitment rooted in our cooperative values.
Our mission goes beyond providing safe, affordable, and reliable power; it’s about serving the people behind the power—our members. That’s why we organize and participate in events like Good Neighbor Day and National Night Out to make a meaningful impact. You, our members, play an essential role in powering this purpose.
Through our Operation Round Up program, members can round up their monthly electric bill to the next dollar, with the extra change going to support local charitable organizations, community services, and families in need. Many of our employees also choose to round down their paychecks, contributing to this collective effort. Together, these small contributions create a big impact in the lives of our neighbors.
Investing in Tomorrow’s Leaders
Giving back also means investing in our future leaders. Meeker Cooperative actively engages with local schools, providing educational presentations and offering scholarships to help students achieve their goals. By empowering today’s youth, we strengthen the future of our community and ensure its continued success.
Capital Credits: Another Way We Give Back
As a not-for-profit electric cooperative, we believe in sharing the success of the Co-op directly with our members. One of the ways we do this is through capital credits. Since we operate at cost, any revenue collected above our operating expenses is allocated to our members as capital credits instead of being distributed to shareholders or outside investors.
Here’s how it works:
When you pay your monthly electric bill, we track your business with the Co-op. At the end of the year, if we have excess revenue after covering all operating costs, we allocate that surplus as capital credits to our members. When financial conditions are favorable, our Board of Directors votes to return a portion of those credits. Current members will see a credit on their December bill, while former members will receive a check, provided their credits meet the minimum threshold.
This year, the Meeker Cooperative Board of Directors approved the retirement of $1,055,545 in capital credits. Since its inception, Meeker Cooperative has returned over $23.5 million in capital credits to its members—just one of the many advantages of being part of a cooperative.
A Cooperative Difference
At Meeker Cooperative, you’re not a customer—you’re a member and an owner. Every decision we make is guided by you, and our commitment to returning value to our members is what sets us apart from other types of businesses. We hope you take pride in being part of a community-driven cooperative that puts people before profits.
From everyone at Meeker Cooperative, we wish you a bright and blessed holiday season.