Inland Power is my cooperative!
LightReading inlandpower.com
December 2023
. . . e d i ins
ENERGY Tips for energy-wise holiday decorating
CASH BACK
GIVING Fall Member Appreciation Tailgate Recap
Returning money to you!
CA$ CA $H BACK distribution just in time for the holidays!
W
e know you work hard for your money - so we work hard to keep your electric rates among the lowest in the country and to provide you with great service. One of the many benefits of belonging to a cooperative like Inland Power is that you are an owner. Every time you purchase power, you build equity or ownership in your cooperative. The amount of equity you earn is determined by net margins – the amount of revenue collected in excess of expenses for each year. These net margins are returned to you through our CA$H BACK program, formerly known as capital credits.
Once allocated, your CA$H BACK credits are held by Inland Power as a resource to replace aging infrastructure, increase capacity, maintain reliability and to operate your cooperative. This system helps keep your electric rates low and your service reliable. The amount of CA$H BACK credits you are allocated each year is based on how much electricity you used during the previous year. In time, you will be paid all your allocated CA$H BACK credits. Inland’s board of trustees vote to retire CA$H BACK credits when finances allow, often on an annual basis. CA$H BACK credits are
returned in two forms. Allocations from 1996 to 2017 (vintage years) will continue to be paid in check form each December. Current year allocations were paid as a bill credit in November. For additional information regarding CA$H BACK credits, please visit our website at inlandpower/cash-back.com inlandpower/cash-back.com,, or call our member experience team at (509) 789-4277. 789-4277. We love having you as a member and look forward to serving you in the years to come.