Electric cooperatives stand out from other types of businesses because we are built and led by the communities we serve. As independent, not-for-profit electric utilities, we are owned and governed by our local members –– not by outside shareholders or investors. That is a powerful differentiator.
Here are a few ways electric co-ops like Clay Electric Co-operative bring unique value to the local communities they serve:
- We put people before profits. Co-ops are not-for-profit and provide at-cost electric service. Any excess revenue is returned to our consumer-members in the form of capital credits, typically as a check in late fall.
- Community comes first. We live and work here, too, and we care deeply about our local communities. That’s why we engage in development and revitalization projects and sponsor local students for scholarships and youth programs.
- Affordable, reliable power is our priority. Clay Electric Co-operative purchases electricity from Southern Illinois Power Cooperative (SIPC), our wholesale energy partner. SIPC is a generation and transmission cooperative formed by a group of electric co-ops in our state. This cooperative business structure allows us to pool local resources and provide electricity at a lower cost than if we purchased it from outside sources.
We’re focused on our members’ energy needs –– not only for today but for the long haul. We’re advocating for smarter energy policies that prioritize reliability and affordability for all. We recognize we must be inclusive of all energy sources, which is why we work closely with SIPC to ensure the use of a diverse mix of sources to generate the electricity we provide to our members.
Clay Electric Co-operative is working to power a brighter future through innovation that meets tomorrow’s energy needs. Reliable, affordable electricity is more important than ever before, and our focus will continue to be in the best interest of the local communities we serve. To learn more about CECI, visit www.ceci.coop and let us know how we are doing by filling out our member satisfaction survey.