Margins of $1.9 million shared with members
A favorable energy market and unseasonable weather patterns provided ECE and our power supplier, Great River Energy, a successful year. This resulted in margins beyond what we budgeted.
We had some options: we could allocate margins to you (as we have in the past) as capital credits, or we could share margins with you immediately. We are choosing to share $1.9 million with you now by crediting one month’s cost-of-basic service. The 2019 Margin Disbursement credit will appear on your bill due in January.
As a cooperative member, you benefit from our financial success.