Inland Power is my cooperative!
Inland Power presents a $500 check to the Colfax FFA’s national qualifying members. Pictured from left to right are adviser Michael Heitstumen, Perry Imler, Gunnar Aune, Inland Power’s Jim Kroll, Cotton Booker, Cole Baerlocher and community supporter Butch Booker. Not pictured is Cassidi Shindler.
December 2019
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Recognizing excellence
Colfax FFA members represent Washington at nationals
I
nland Power and Light has long been known as the largest rural electric provider in Washington. While demographics have changed in the last decade, our roots still run deep in rural Washington. Inland also recognizes excellence and believes in supporting our young members as they excel and prepare for bright futures. The Colfax FFA chapter is one example of how our young members are shining examples of hard work, dedication and performance. “Inland is happy to support our members and assist in their travels as they represent our state,” said Jim Kroll, Inland Power board of trustee member. “These students are great representatives of our cooperative and we are so proud of their accomplishments.” Colfax FFA sent a public speaker and an agriculture sales team to the 92nd National FFA Convention at the end of October to compete against the best in the nation. Inland Power was proud to contribute to their travel fund as they represented Washington state. “This is huge for the students,” said chapter adviser Michael Heitstumen. “They’ve worked so hard and to get to see them compete on the national level is such a proud moment, not only for me but for the community as a whole.”
Capital Credit checks arriving this month
Members of the agriculture sales team were Gunnar Aune, who placed third individually, Cotton Booker, Perry Imler and Cassidi Shindler. The team placed 7th in the nation.
FFA members have gone on to be chemists, veterinarians, government officials, entrepreneurs, bankers, international business leaders, teachers and premier professionals in many career fields. Inland Power and Light congratulates the Colfax FFA chapter and its competitors for representing Washington well!
Your Cooperative Capital Credit checks arriving this month!
Happy holidays from Inland Power!
Cole Baerlocher represented Washington and his chapter in the prepared public speaking competition and made it to the semifinals.
The National FFA Organization has more than 700,000 members and prides itself in being a dynamic youth organization that changes lives and prepares its student members for premier leadership, personal growth and career success through agricultural education.
Energy Cold temps = higher bills
Your Cooperative Inland is a winner
“FFA means so much to me,” Aune said. “It has helped me in my speaking skills and getting out of my comfort zone.”
“It means a lot to have the support of our energy partner,” Baerlocher said. “Knowing that as students, our hard work is recognized by cooperatives like Inland Power makes this accomplishment even more special.”
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e know you work hard for your money - so we work hard to keep your electric rates among the lowest in the country and to provide you with great service.
to replace aging infrastructure, increase capacity, maintain reliability and to operate your cooperative. This system helps keep your electric rates low and your service reliable.
One of the many benefits of belonging to a nonprofit electric cooperative like Inland Power is that you are an owner. Every time you purchase power, you build equity or ownership in your energy cooperative. The amount of equity you earn is determined by net margins – the amount of revenue collected in excess of expenses for each year. These net margins are returned to you in the form of capital credits.
The amount of capital credits you are allocated each year is based on how much electricity you used during the previous year. In time, you will receive all your allocated capital credits.
Inland Power is pleased to announce that for the 40th year we will be giving cash back to our members. The board of trustees of Inland Power approved refunding $1.9 million in capital credits to our membership this December.
The cooperative’s board of trustees retires capital credits when finances allow, often on an annual basis. Capital credits are returned in two forms.
For any questions regarding capital credits, please contact your member services department at (509) 789-4277 or capitalcredits@inlandpower.com
Allocations from 1996 to 2017 (vintage years) will continued to be paid in check form in December. Allocations for 2018 and beyond will be paid in the form of
We appreciate your business and look forward to serving you in the years to come. We wish you a safe, healthy and joyous holiday season.
Once allocated, your capital credits are held by the cooperative as a resource
a bill credit each November. Portions of all vintage years are retired each fall and may take up to 35 years to return all vintage year allocations to you.