Jun 10, 2021BoardMeeting
BoardKosciuszko Rural Electric Membership Corporation Annual Meeting
The virtual annual meeting included a review of 2020 financial results, which saw a decrease in operating expenses due to reduced purchased wholesale power and net margin growth. Leadership provided an update on the cooperative's performance, noting membership growth and the maintenance of rates significantly below state and national averages. A major focus of the meeting was the launch of Kosciuszko Connect, a subsidiary tasked with providing high-speed fiber internet to the community. Discussion also covered the board election process for open director seats and the cooperative's continued investment in distribution infrastructure and grid modernization.