NIPCO Observing National Co-op Month in October
Northwest Iowa Power Cooperative (NIPCO) is joining 30,000 cooperatives nationwide in October to celebrate National Co-op Month, which recognizes the many ways cooperatives are committed to strengthening the local communities they serve. “Co-ops Commit” is the theme for this year’s celebration, spotlighting the countless ways cooperatives meet the needs of their members and communities.
"NIPCO is a wholesale electric generation and transmission cooperative that provides services to six rural electric distribution cooperatives and one municipal electric cooperative in western Iowa," says NIPCO Executive Vice President and General Manager Matt Washburn. "Since NIPCO was founded in 1949, our entire operation is guided by the Seven Cooperative Principles and the unity that comes from supporting and serving our members."
He goes on to state, “Delivering safe, reliable, affordable power is our top priority, but we are also invested in our communities because our member cooperatives are locally owned and operated. Revenue generated by rural electric cooperatives goes back to Main Street, not Wall Street.”
Rural America is served by a network of about 1,000 electric cooperatives, most of which were formed in the 1930s and 40s to bring electricity to farms and rural communities that large, investor-owned power companies had no interest in serving because of the higher costs involved in serving low-population and low-density areas.
In addition to providing the power and transmission services that NIPCO distribution co-op members depend on, NIPCO also has policies in place to support community and economic development efforts, renewable generation, energy efficiency programs and rebates, safety education and training, and youth programs for the over 30,000 member owners living in western Iowa.
Follow #CoopMonth on Facebook and Twitter to see how co-ops across the country are celebrating National Co-op Month.