2021 January Member Newsletter

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CONNECTIONS JANUARY 2021 | THE OFFICIAL NEWSLETTER OF COBB ELECTRIC MEMBERSHIP CORPORATION

Upcoming events Office closing Cobb EMC will be closed Jan. 1 in observance of New Year’s Day and Jan. 18, Martin Luther King Jr. Day. Employees are always on call for emergencies. To report an outage by phone, call 770-429-2100. You can also report an outage online at cobbemc.com/outage or with the free Cobb EMC app.

Notice of 2020 Patronage Capital Allocation Each member receiving electric service is hereby notified that for year 2020, Cobb EMC’s excess margins totaled $26,297,358. Each member can calculate the amount of assigned 2020 Patronage Capital by multiplying the total amount billed for electric service* in 2020 by 6.12810638%. What are capital credits? Your individual portion of the cooperative’s profits beyond the costs of providing electricity is called capital credits. As a not-forprofit business, we exist to provide you reliable electricity – not to make a profit. When we have a good year and earn profits or margins, we assign capital credits to our members until the board approves them to be given back in the form of a billl credit or check. *This excludes taxes,Operation Round Up and other ancillary services.

Virtual Literacy Week inspires local students Despite the COVID-19 pandemic, students from nearly 30 schools across metro Atlanta used online virtual platforms to participate in Literacy Week, a program created to encourage students’ love of reading and creative writing. “Reading is one of the most important components of a successful education, and literacy supports successful STEM education (science, technology, engineering and mathematics),” says Mark Justice, director of education and community relations at Cobb EMC. “Literacy Week inspires imagination and promotes lifelong reading habits.” Developed by Cobb EMC in 2010, Literacy Week has impacted more than 150,000 students in schools throughout Cobb, Paulding, Cherokee, Bartow, and Fulton counties. Gas South, a subsidiary of Cobb EMC, joined the program in 2015 as a co-sponsor, and New York Times best-selling author Brian Lies has participated in the program since its inception.

“Cobb EMC has a strong education component to their community giving,” says Carley Stephens, community affairs program manager at Gas South. “This is why we thought co-sponsoring Literacy Week would be a great avenue to collaborate on.” Gas South has committed to returning 5% of its profits back to the community, specifically to children in need in three areas: basic needs, education, and illness and disability. Literacy Week, held each year during the last week of October, included 10 authors this year who shared their books and illustrations with students. The program is offered to students from elementary through high school and was expanded to include college students in 2020.

Learn more about Cobb EMC and Gas South community programs: cobbemc.com/schools gassouth.com/giving-back

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2021 January Member Newsletter by Cobb EMC - Issuu