Each year, after all expenses are paid, the margins (profits earned after expenses) are divided among the members of the cooperative. The margins are assigned to each member’s account based on the amount of electricity purchased during the year and the amount of revenue generated by consumer category.
As the financial condition of the cooperative allows, these margins are paid to members in the form of a check or a credit on the next bill.
In the meantime, this money is invested in your cooperative—lines, poles and equipment—to hold down electric rates and assure that your electric service is modern and up to date.
This is the cooperative way of doing business that SSVEC has followed for more than 80 years.
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