8:00 a.m. – Thursday January 9, 2019 – Nearly $110,000 was returned to San Isabel Electric members through community donations in 2019.
The San Isabel Electric Board of Directors donated upwards of $70,000 to more than 50 organizations, from schools in the service territory to community safety efforts. Of those organizations, 38 received matching funds from power supplier Basin Electric Power Cooperative, totaling $39,000.
“Donations like this let the students know that there is a broader community than Aguilar that is interested in them and their success. It helps them realize the importance of community life and models how they should be as adults,” said Dr. Stacy Houser, Aguilar School Superintendent, regarding San Isabel Electric’s $5,500 donation for a new hearing machine and Chromebooks for students.
“We are community focused because we belong to and are built by the communities we serve. Giving back to the organizations that help keep our communities strong and growing is important to us,” said Reg Rudolph, General Manager of San Isabel Electric.
Donations are funded from unclaimed Capital Credits. Every spring, San Isabel Electric publishes a list of members who have unclaimed Capital Credits from the previous year. Checks that go unclaimed are used to fund community donations and scholarships. More information on Capital Credits can be found at siea.com/capitalcredits.
Donation request forms and guidelines can be found on the co-op’s website at siea.com/donations.
As a not-for-profit cooperative utility, San Isabel Electric provides affordable, reliable electricity with exceptional service to communities throughout southern Colorado. Serving nearly 20,000 member-owners and 24,000 meters, San Isabel Electric has been keeping the lights on since 1938. We don’t just serve communities. We are part of communities.