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$20 MILLION, NCE reaches a milestone in refunds

Since 1980, more than $20.4 million in capital has been returned to members. About 12,500 North Central Electric current and former members will receive their patronage capital credits refunds on their December bills. A refund totaling $715,947 was approved by the board.   

Rate adjustments effective Jan. 1

The North Central Electric Board of Trustees revised the cooperative’s rate schedules at its October meeting, approving a $2 per month increase in the basic service charge for residential members. 

Additionally, the rate spread between on-peak and off-peak rates on this rate schedule will increase by one-half cent per kilowatt-hour (kWh). 

Cooperative names new general manager

North Central Electric (NCE) has selected the CEO of a southern Illinois electric cooperative to be its sixth general manager in the cooperative’s 83-year history. 

North Central Electric and Fostoria to clear final industrial park parcel

North Central Electric Cooperative is providing funding for the Fostoria Economic Development Corporation (FEDC) to clear trees from a wooded four-acre parcel in the city’s industrial park, in hopes the land can be developed for another manufacturing facility. 
With a Site and Community Assistance matching grant from Buckeye Power, North Central’s wholesale power supplier, the cooperative will pay FEDC $10,410 to clear the parcel so the property can be developed.  


North Central Electric names new General Manager North Central Electric Cooperative has selected the CEO of a southern Illinois electric cooperative to be its sixth general manager in the cooperative’s 83-year history. North Central board president Duane Frankart announced this week the board has hired Edward VanHoose, CEO of Clay Electric Cooperative, Inc. (CECI), in Flora, Ill. VanHoose will succeed Markus Bryant, who is retiring in January after 21 years with North Central.

Commercial lighting program renewed

Turn on the savings with this energy efficiency rebate
The 2018–19 fiscal year began July 1, and Buckeye Power, our wholesale power supplier, renewed its commercial/industrial lighting program for another year. This allows us to rebate energy-efficient lighting retrofit upgrades for commercial and industrial member facilities — including farms. 

Last year we helped about 18 businesses upgrade their lighting. Along with a nice rebate, businesses can expect an impressive return on investment (ROI) 
when upgrading to LEDs.

Youth ambassadors tour Washington, D.C.

Kristin Coleman of New Riegel High School and Carson McCarthy of Buckeye Central High School attended Ohio’s Electric Cooperatives Youth Tour to Washington, D.C., from June 8 to 14, representing North Central Electric Cooperative.

Chatfield Hardware closes after 115 years

Chatfield Hardware, one of North Central Electric Cooperative’s most loyal heating and cooling dealers, closed its doors in June after 115 years. 
Chatfield Hardware owner Bob Marcum has installed and serviced water heaters for North Central members in Crawford, Richland, and Seneca counties for more than 25 years. He also installed hundreds of heat pumps and geothermal heating and cooling systems so members could receive rebates from North Central. 


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