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Benefits of Doing Business with PPCS
Membership
As a customer of Pierce Pepin
Cooperative Services, you are also a member of our electric
cooperative. Cooperative businesses are owned by the consumers they serve and
are guided by a set of seven principles that reflect the best interests of those
consumers. PPCS provides retail electricity
and energy-related
products and services to over 6,400 members. As a member of
our co-op, you enjoy these membership benefits:
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Reliable, cost-based
electric service; we do not seek to make a profit
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Access to energy-related
information, products and services
- capital credits, a share
in the cooperative’s margins (surplus revenues)
- Attending and voting at
the PPCS Annual Meeting
- Representation by a
nine-member Board of Directors
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Local Leadership
PPCS’ service territory is divided into nine voting districts, each with an elected
representative on the
Board of Directors. Each director is a member of the cooperative and
is elected by the members. In turn, the Board hires the
President and Chief Executive
Officer (CEO) who is responsible for overseeing the day-to-day
operation of the business. |
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Capital Credits
Unlike investor-owned utilities, PPCS is owned by the members we serve. Each year, all margins (surplus
revenues)
are divided among members in proportion to their transactions with the cooperative and
are allocated in the form of capital credits. Capital credits are an investment in PPCS and accumulate in each
member’s name. Capital credits are paid out based on the cooperative’s equity
management plan as approved by the
Board of Directors.
Caring for our Communities
PPCS is committed to the communities we serve. We support
local
schools, community organizations and agencies through donations and
programs that PPCS offers. PPCS also
promotes economic development with financial assistance through various programs available
to the cooperative. Many of our employees are personally involved with
local groups
and organizations, which strengthens and enhances the
cooperative’s relationship with the people and communities we serve.
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