Elephant Butte Balloon Regatta August 4-6

Sierra Electric Cooperative and TriState Generation and Transmission are co-sponsoring the 42nd Annual Elephant Butte Balloon Regatta, a spectacular sight at sunrise each morning at Elephant Butte Lake State Park.

Experience the beauty of more than 20 hot air balloons rising above the beaches, skimming the lake and ascending into our stunning blue skies.

Capital Credits Allocated

Sierra Electric Cooperative allocated 2022 patronage capital credits in the amount of $659,764.45.

Capital credits are the excess revenues—or margins—a co-op allocates to each member who was billed for service during a year in which margins were earned. Capital credits are retained by the co-op as capital for a period of time, reducing the co-op’s need to borrow money. Allocated capital credits reflect members ownership in Sierra Electric.

Allocation is the process of assigning shares to members. When the Board of Trustees determines that a portion of allocated capital credits are no longer needed as capital, the credits are retired, and checks are issued to the members.

This allocation is the margins the Cooperative realized for the year and the allocations are based on the proportion of kilowatt-hours each member used during the 2022 year.

Convenient Ways to Pay Pay online with credit/debit card, checking or savings account!

SmartHub is an app that allows you to manage all aspects of your electric account online or with your mobile device. You may make a one-time payment, schedule a payment or sign up for automatic payments.

Register for SmartHub online account access at sierraelectric.org.