By joining Withlacoochee River Electric Cooperative, you have become part owner in one of the world’s largest non-profit electric utilities. As an owner you enjoy certain rights.
Any person or business within our service area is eligible to become a member upon application and payment of the membership fee.
One Member = One Vote. Your Cooperative is governed by nine Trustees. These Trustees are elected by members who reside within that district. The Board of Trustees establish policies which guide the Cooperative and make decisions to insure that your Cooperative will remain financially sound. Trustees also appoint a General Manager who is responsible for the day-to-day operations of your Cooperative.
Return Of Margins
Margins are returned in proportion to each member’s patronage. 100% of the funds remaining at the end of each year are assigned to each member’s Capital Credits account. Each year your Trustees refund a portion of these credits to each member who received power during the period the margin was accrued. Active members receive credit on their December energy statement. Inactive members are sent refund checks. The benefit is explained in greater detail in the tab marked Customer Service. To date your Cooperative has returned more than $348 million to its member-owners.
Participation in Annual Meetings
Each year a meeting of the membership is held. Members may come and meet their trustees, discuss business, and hear reports on the condition and direction of your business. It is our goal to provide each member of this Cooperative the best possible service at the lowest cost. If you have any suggestions, or if I can be of assistance to you, please do not hesitate to call on me personally.
David B. Lambert
Executive Vice-President and General Manager