Member-owner cooperatives Archives - Page 12 of 13 - Great River Energy
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Member-owner cooperatives

Energy efficient technologies help mitigate COVID-19, flu aerosols

A new program offered by Great River Energy’s member-owner cooperatives uses energy efficiency to address the health and safety of people while they spend time indoors. The Healthy Buildings program was created primarily in response to the COVID-19 pandemic as concerns heightened around indoor air quality in relation to the spread of infectious aerosols. However, […]

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Kandiyohi Power Cooperative names Nelson new CEO

The Kandiyohi Power Cooperative (KPC) board of directors recently appointed Ryan Nelson as the co-op’s new chief executive officer, effective April 16. Nelson, who previously held the positions of acting general manager and manager of engineering and operations, brings 18 years of industry experience to his new role. “During this time of transformation, Ryan is

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Bogart appointed to top job at Kandiyohi

Kandiyohi Power Cooperative, one of Great River Energy’s 28 member-owner cooperatives, announced that its board of directors appointed Sonja Bogart as chief executive officer. Bogart has 25 years of experience in the energy industry. Most recently, Bogart served as the chief operating officer at Umatilla Electric Cooperative in eastern Oregon. She previously served as the

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Member Moment: BENCO Electric Cooperative

“Member Moment” highlights one of Great River Energy’s member-owner cooperatives and how it uniquely demonstrates what it means to be a cooperative. When cooperatives work together, great things can happen. BENCO Electric Cooperative (BENCO), which has served southern Minnesota residents with reliable, affordable electric service since 1935, regularly demonstrates the “cooperation among cooperatives” guiding principle

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Minnesota co-ops win Spotlight on Excellence awards

Two of Great River Energy’s member-owner cooperatives were recognized for achievements in communications and marketing by the national association of electric cooperatives. Lake Country Power (LCP) and Wright-Hennepin Cooperative Electric Association (WH) were honored by the National Rural Electric Cooperative Association with Spotlight on Excellence Awards for their outstanding work this past year. The program’s

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Terebinth Refuge wins statewide Minnesota Touchstone Energy Community Award

A St. Cloud-based nonprofit is the recipient of the statewide 2020 Minnesota Touchstone Energy Community Award. Terebinth Refuge, a shelter and safe home serving sexually exploited and trafficked women in Minnesota, received the award from the Minnesota Rural Electric Association along with $1,000 for its efforts. Minnesota Touchstone Energy cooperatives adhere to the seven cooperative

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Member Moment: Todd-Wadena Electric Cooperative

“Member Moment” highlights one of Great River Energy’s member-owner cooperatives and how it uniquely demonstrates what it means to be a cooperative. This member-owner cooperative has deep roots in its communities and provides electric service to one of the largest seed corn companies in the United States. Todd-Wadena Electric Cooperative employees regularly volunteer in chamber

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Board brings relief for members affected by coronavirus

Great River Energy’s board of directors earlier this month allocated funds to assist its 28 member-owner cooperatives with financial challenges related to the coronavirus pandemic. The cooperative allocated $3 million to assist its member-owners with unforeseen expenses, such as missed payments and forgiven late fees. “This demonstrates why 28 cooperatives benefit by being united as

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$10 million of patronage capital returned to members

When member-owner cooperatives have positive financial results, they return cash to their members. When Great River Energy’s financial position is strong, it issues payments to the 28 cooperatives that own its company. For the second time in its history, Great River Energy retired patronage capital through cash payments to its 28 member-owner cooperatives. In all,

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Co-ops and COVID-19: Elections, reporting continue despite pandemic

Although the coronavirus pandemic prevented Great River Energy’s stakeholders from their traditional in-person gathering in 2020, Great River Energy completed its cooperative duty by holding elections and disclosing financial and operational information. “Our first priority is keeping our stakeholders safe and healthy, but our obligation to member-owners remains,” said Great River Energy President and Chief

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