MEMBER NEWSLETTER DECEMBER 2003June 2015 … News... · MEMBER NEWSLETTER DECEMBER 2003June 2015...
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MEMBER NEWSLETTER June 2015 You get the Credit W hen you signed up to receive electric service from High Plains Power (or years back Hot Springs Rural Electric or Riverton Valley Elec- tric) you became a member of an electric cooperative. While inves- tor-owned utilities return a por- tion of any profits back to their shareholders, electric coopera- tives operate on an at-cost basis. So instead of returning leftover funds, known as margins, to folks who might not live in the same region or even the same state as you do, High Plains Power allo- cates and periodically retires cap- ital credits (also called patronage dividends, or patronage capital) based on how much electricity you purchased during a year. In February High Plains Power mailed capital credit checks to those members from 1997- 1998, reflecting their contribu- tion of capital to, and ownership of, the cooperative during those years. That may seem like a long time ago. However, those funds helped us keep the lid on rates, reduced the amount of money we needed to borrow from outside lenders to build, maintain, and expand a reliable electric distri- bution, and covered emergency expenses. Over $1.8 million was re- funded in capital credits. The margins were allocated to all who were members during 1997-1998 and was based on their purchases from the cooperative—how much power the member used. Member purchases may also be called pa- tronage. When the checks are sent many of them are returned be- cause of an insufficient address. On the next pages is the list of names that the checks were re- turned to High Plains Power due to an insufficient address. If you no longer have electric service with High Plains Power it is im- portant that you inform us of your current address, so that fu- ture retirements can be properly mailed to you. Remember, if you purchased electricity during the years being retired, then you are entitled to a capital credit refund, even if you move out the High Plains Power service area. Remember! Father’s Day is June 21st
Transcript of MEMBER NEWSLETTER DECEMBER 2003June 2015 … News... · MEMBER NEWSLETTER DECEMBER 2003June 2015...
MEMBER NEWSLETTER DECEMBER 2003MEMBER NEWSLETTER June 2015
You get the Credit
When you signed up to receive electric service from High Plains Power (or
years back Hot Springs Rural Electric or Riverton Valley Elec-tric) you became a member of an electric cooperative. While inves-tor-owned utilities return a por-tion of any profits back to their shareholders, electric coopera-tives operate on an at-cost basis. So instead of returning leftover funds, known as margins, to folks who might not live in the same region or even the same state as you do, High Plains Power allo-cates and periodically retires cap-ital credits (also called patronage dividends, or patronage capital) based on how much electricity you purchased during a year.
In February High Plains Power mailed capital credit checks to those members from 1997-1998, reflecting their contribu-tion of capital to, and ownership of, the cooperative during those years. That may seem like a long time ago. However, those funds helped us keep the lid on rates, reduced the amount of money we
needed to borrow from outside lenders to build, maintain, and expand a reliable electric distri-bution, and covered emergency expenses.
Over $1.8 million was re-funded in capital credits. The margins were allocated to all who were members during 1997-1998 and was based on their purchases from the cooperative—how much power the member used. Member purchases may also be called pa-tronage.
When the checks are sent many of them are returned be-cause of an insufficient address. On the next pages is the list of names that the checks were re-turned to High Plains Power due to an insufficient address. If you no longer have electric service with High Plains Power it is im-portant that you inform us of your current address, so that fu-ture retirements can be properly mailed to you. Remember, if you purchased electricity during the years being retired, then you are entitled to a capital credit refund, even if you move out the High Plains Power service area.
Remember!Father’s Dayis June 21st
Page 2 High Plains Power NEWS
UNCLAIMED CAPITAL CREDIT CHECKSThe following is a list of names that have refund checks issued February 2015 but were returned to High Plains Power due to an insufficient mailing address.
~ A-B ~Adams DennisAdams PatricaAddison ScottAffinito D & Contrades TAllington Mike & C JArey KennethArnold Matthew & M & Cecilia Backs John RBader Bart ABaer Katherine MBarlow Brent & MicheleBartholomew ToniBassett JodeeBatt DeanBeartusk Ella JBeckman Clifford & JuneBeddoes Shane & KarenBeddoes Tommy & TeresaBeel Lorin CBenboe Christopher BBennett Don RBerco ResourcesBerry R GreggBigelow Richard WBitgood MauryBlackburn SherryBlackstone Cable LLCBlakesley Katherine LBlankenship GregoryBonnel Kristi LBooth CharlieBourke PaulBower Don CBoyd FranklinBradley Jeff & RondaBraten WindaBraxton Ranch CorpBridges GeneBriggs StanleyBrooks Patricia & Jeff
Brossman DanBrothwell Elmer EBrown TulsaBuckaroo BarBunch Eugene L & Jane CBurke M JosephBurnett Ranch CorpButz Martha
~ C-D ~Carrier JohnCarver DaleCatholic Church – Medicine BowCaufield Elmer A & Shirley Chantry Charles JChrisp Dean & ElizabethChristy Gary LCircle Electric – Ronald ParisClark ShelleyClark’s Corner Inc – Jim NallCleary GeraleneCline Harold JCoando MarkCodianne Edmund & ElaineColaiacovo Anthony JCommnet Cellular IncConder Darren SConnally Wesley & PatriciaConner Mike FCoons, TomCoopwood BarbaraCorbett Mrs L JCox Beth MCox Neil H & KathyCoy Mark ECrain Charles & CarolCrichton Archie RCrowder KimCuch DeloresCundall James E & Pamela DCurbow Joe
David Etta LouDavis Laverne JDavis Lenora JDay Ernest H (Casey)Day James ADeWitt TedDegerstrom Inc NADeighan MichelleDevore R FredDeVoss Michele R MorganDevries MardellDewey Chrystal CDewey David & JenniferDorr JeffDuran Margaret MDurgin Rhonda
~ E-F ~Eastburn Paula MEckhardt DonnaEckley Kandi LEhler BradElk Meadow Ranch –
SheppersonElliott PatriciaEllis Cora EEllison FrancesEly John CEmmons LuanaEstrada JoeEvans Bryan & LindaEvans James JFerris Ben LFisher ElwynFisher Scott E JrFleming Jeff TFlorence Douglas AFlores MikeFlying J Oil & Gas CoForeman Millie SForest Oil – Production Adm
Forester PatsyForsberg Douglas LForshee NormanFoster Scott & JoanFox BrianFranklin Darrell EFrazier DorisFrazier Floyd IFreese Kristy JFremont Chemical Friday Nathan Sr & DanielleFrontier Well Service IncFry Irene MFultz Mrs Paul R
~ G-H ~Gale Thomas LGalvan JuanGardner James D & Loreal BGarner DaveGatley YvonneGebhardt DougGenoff MelissaGeorgius Stephanie MGerber GeraldGettelman CharlesGibbens John LGilmore Gary AGirten MarkGoggles MazieGoodwin SusanGreen Timothy PGreenwald RichardGrunewald IlseGuerney Sharon SGuggenmos C MichaelH D RanchH H A IncHagen RoxaneHager Dwight RHalone Greg
High Plains Power NEWS Page 3
Halterman MikeHamill Robert EHamilton Mike & KateHampton James HHancock Dale AHandford MikeHanson KerryHarford II David EHarkens Jamie & ChadHarris Clint EHarrison Ray W JrHarrison Steve GHawes Bill & NancyHayes Dwight E & Violet MHaywood Craig & ChristinaHeisler LindaHendrickson III John AHerring Joe & Hodges HeatherHildebrand Lee A & Karen EHill Carleen EHill Chris MHilts CynthiaHinkle DavidHinsken CaronHolman DavidHoskins Kirby CHouston Edgar FHoward Bill & KathyHubbard Charles BHuenfeld R SHughes John HHunt Oil CompanyHunt VernonHunt William SHuntley Alice Hutchinson III Burton D
~ I-J ~Inskeep J WJacklin BarbaraJarrard Richard & SharronJeffs Jared DJenkins ThurloJeschke James DJohns Barry LJohnson Charles GJohnson CraigJohnson ShirleyJohnson Tracy WJohnston William EJones Cynthia MJuve Jane H
~ K-L ~K C S Mountain ResourcesKannenberg Gary LKari Dale EKatherman VanceKayras Alan RKeeler WilliamKeener Jeffrey PKehl Tony AKehl VikkiKirby Robert A & Marion FKleffner John RKnight Jack & TammyLajeunesse Michelle TLadd William GLajeunesse Julius TLake’s LodgeLamb CecileLamb CharlesLamont David KLander Wyoming Cong of
Jehovah Witness- James O Connor
Lange KareyLarrabee Willard & VirginiaLarson Nina SLawrence ShayneLawson Lee ALeake LarryLee Anslem ELeeper ScottLevengood RayLewis ArlainaLogan Doyle BLongwell Dennis L
~ M-N ~Macklin Tammy MMadasz AnnMahaffey CaroMahaffey MichaelMarinell KathleenMarsh CarolMartin David RMartin James IMartin Lois MMaser ChrisMayfield MartinMcAskill DanielMcCarty James JMcCue Jamie LMcKim George E
McNett Charles FMeckem Lillian CMeeks VerleMeer JeanneMenard David G WallaceMeyer Ronald WMichel Monica LMiller Cynthia MMills Tim & JonnelMiracle Mile Ranch- Ronald RichardsonMiranda Rose BMoede RobertMorrison Susan JMotisi JeffreyMouat DavidMowry BillieMudge Robert MMurnion MindyMurphy RoseMyers James RNeary GeraldNeste Diane PNew Beginnings Baptist ChurchNorman Royce & SharonNorton CharlesNowack ThomasNykiel Adam
~ O-P ~OBrien John LOcean Energy IncOcean Energy Resources IncOdom Dennis COesterle DonOldman PatriciaOldman Thomas J SrOman Carl HOstlie Jeff & Dinwiddie DonnaPadgett BettyPadilla AdaPappenheim Robert WParker GregParr JerryPatrick DempseyPease Oil & Gas WillardPeck Violet ZPeters DanPeterson LarryPeterson Paul DPeterson Richard WPhillips John A & Dianne
Pickinpaugh Greg & JackiePierre IrwinPimentel R StevePinkes Ben ALPinson Bruce E & Judy KPittman T WPorter Marilyn JPosey Bender & LynellePyburn Peggy A
~ Q-R ~Quiver ValerieRagon Shawn DRamsour Betty ARedman Charles & ShellyReed JenniferReed SharonReinick Jarrey & SusanRenner C A
Rice KevinRice Nancy Borra & Steven KRichards JanetRichter BobRiggs Carroll ARivett Dennis F & Sherry LRoberts EdyeRoberts Benjamin F JrRobinett Brothers LivestockRogers Janet KRodeman KennethRoney NedraRouse William & EileenRuehl Dwight DRutter James H
~ S-T ~S B Enterprises Safford A DerylSager Betty MSanchez Shannon LSankey Bryan MSawicki Robert SSayler AlanSchafer LeslieSchanefelt Mary LSchloredt Alfred ESchmidt Jean LSchneider Fred WSchneider JohnSchneider MarySchulz Cheerful
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Sechrist DwightSerrano Donald LShakespeare Josephine LShiply TreshaSiepak Karen LeeSlensrude Kevind DSmith PaulSolyst DanSplit Rock Ranch LLC
Spomer Carl EStagner William & BonnieStanbury S JStanfield Thomas MSteiner Dwight BSteiner JasonStevens Aaron LStevens TimmieStevenson MadelonStewart Darwin AStewart Mrs JohnStoll Hank M & Michelle DStracke Martin & MarleneSummers JoanTable Top LLC
Taggart Arlen & MarshaTanner Mark ATaylor Donald WTaylor George ETaylor John MTaylor Kathy LTebo SteveThe Chuckwagen-Judith HeilThompson JasonTidzump HerbertTimberline ElectronicsTimothy Boarding AcademyTrovillion GeraldTsosie Casey SrTurner Dan
~ U-V ~Underwood H JohnVanVleet VickieVigil JoeVirden Jaunita L
~ W-X ~Wade Michelle MWalker Dennis
Wallace Harry EWallace II WalterWallowingbull CharlesWallowingbull GladysWard Denise LWarneke RickWashakie Cathy JWeaver Oil CoWebster TravisWest JohnWestern Tele-CommunicationsWestern Wireless CorpWeitzel DeanWerbelow John MWheeler Kevin RWhite Buffalo RayWhite Elizabeth JWhiteman Laura LeeWhiteman Melinda VWhiteplume IraWierciak PeterWilcox OrenWilczewski BryonWilkinson Jerry & KarenWilliams James RWilliams JimWilliams Joseph LWilliams Richie &
KymberleeWilliamson NormaWillis Rob RWillow CherylWillow Creek Co-George
TaylorWilson Carol LynneWilson Ron & ColleenWilson William B & Jane MWind River Fly Shop- Scot NewbernWinger RonWitt William C & Theresa JWorland Cable TVWren RickWurtz Valerie
~ Y-Z ~Yaeger Robert RYellowrobe Davine TYellowstone Ranch- Sam Weston
Young William RYurga Todd AZimmer DonZimmer VinceZych Dorothy H
What are Capital Credits? Capital credits are the margins made from positive operations of High Plains Power. These margins are then allocated to members in the year the margins were earned. Once allocated, these margins are retained as owners’ equity until refunded. Refunds occur when your cooperative retires a portion of the total allocated capital credits and issues checks to individual member/owners.
Page 4 High Plains Power NEWS
High Plains Power
is an official publication of High Plains Power, Inc., PO Box 713, Riverton, WY 82501.
Phone 307-856-9426 1-800-445-0613
www.highplainspower.org
Board of DirectorsMark Park - President
Bret Gardner - Vice-Pres.Beckie Darnell - SecretaryGary Gordon - Asst. Sec.
Jim Miller - TreasurerMatt Brown
Robert CooperHearley Dockham
Jesse HankinsRichard Haun
Jeff MiltonLee Shaffer
General ManagerJeff Hohn
This is a monthly publication made available by High Plains Power, Inc., with the Wyoming Ru-ral Electric News. Ideas, questions and comments are welcome.
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