HOOSIER ENERGY

Hoosier Energy news

Get energy treats (and avoid getting tricked!) this October

This October, you should be treated by ghoulish figures visiting on Halloween — not tricked by unexpectedly high energy costs.

Every fall, people enjoy the milder temperatures while preparing for the coming Midwestern winter. Make sure you’re treating yourself to energy savings by making the right upgrades.

Even small home improvements can lead to long-term energy savings. Contact your local electric co-op’s energy advisor for tips on how you can improve your home’s energy use, or visit PowerMoves.

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BUY A MINI-SPLIT — NOT A SPACE HEATER Electric resistance space heaters have been a go-to solution for cold, uncomfortable rooms. That easy solution to a cold room comes with a high price once the monthly electricity bill comes due. Instead, consider a mini-split heat pump, which can add a little extra heat much more affordably than an electric resistance space heater. Mini-split heat pumps come in a range of heating capacities, so you can find one to heat rooms big and small. Don’t forget that there are also Power Moves rebates to make mini-splits even more affordable.

BUY A COLD CLIMATE AIR SOURCE HEAT PUMP — NOT AN ELECTRIC FURNACE While you may be aware of air source heat pumps, cold climate heat pumps have improved compressors that enable them to be at least 75% more efficient than an electric furnace when it is 5 degrees outside. Add in Power Moves® rebates for installing cold climate heat pumps and you can experience big-time money savings in long-term energy costs!

BUY CEILING FANS WITH LONGER BLADES — NOT STUBBY ONES Energy Star recommends ceiling fans installed in rooms 144 to 400 square feet should have a total blade span (from one fan blade edge to the edge of the opposite fan blade) between 44 and 54 inches. Consider a smaller blade span for smaller rooms and, conversely, a longer blade span for larger rooms. Ceiling fans sized too small will waste energy by spinning without the person in the room feeling enough air movement.

BUY MORE AIR SEALING — NOT A WHOLE HOME HUMIDIFIER Living in a home with dry, staticky winter air is not fun. Most people think they need a humidifier. Yet excessively dry winter air is typically a symptom of a poorly air-sealed home. A better idea is to have an energy audit and blower door test conducted. This can find holes, gaps and cracks in the home that let hot air escape. Proper air sealing reduces how much conditioned air escapes, keeping your energy bills low and humidity levels comfortable.

Practices and principles HOW ESG IS WOVEN INTO EVERYTHING HOOSIER ENERGY DOES

Electric cooperatives, like other energy providers, are in the midst of the most impactful transition in modern history. As we continue to navigate through this changing environment, Hoosier Energy’s Environmental, Social and Governance (ESG) practices — and the cooperative principles that underpin those practices — will continue to become more relevant.

ESG refers to factors that can impact a company’s ability to create longterm value and future performance. At Hoosier Energy, our commitment to operational excellence, superior value, financial discipline and responsible environmental stewardship is woven into every aspect of our business, from the boardroom to our linemen in the field. Our ESG strategy is simple and straightforward: MAINTAIN A MEMBER-OWNER FOCUS Hoosier Energy champions the cooperative model that advances our members and the communities they serve, prioritizing reliability, affordability and innovative energy solutions that our stakeholders have come to expect. Hoosier prides itself in upholding the democratic process of a one-member, one-vote election of our members to represent them.

RESPONSIBLY MANAGE ENERGY TRANSITION Hoosier Energy is committed to responsible decision-making, investment in critical infrastructure and optimizing its generation portfolio to enhance reliability at affordable rates while supporting the transition to a diverse and cleaner grid. DRIVE SUPERIOR VALUE FOR MEMBER SYSTEMS AND CUSTOMERS Strong corporate governance and thought leadership provide the foundation for our commitment to operate with the highest level of integrity. The true value of our business is rooted in helping our employees, members and stakeholders forge a strong, resilient, better tomorrow for everyone.

Hoosier Energy’s investment in these efforts demonstrates the impact we believe ESG will continue to have on our members and our commercial and industrial customers, as well our organization. At Hoosier Energy, that means leading from the front by creating a culture that is transparent, innovative and intentional in order to power possibility for decades to come.