Lower Valley Energy Puts $3.1 Million Into Local Economy

Lower Valley Energy has placed over $3.1 million back into the local economy by returning patronage capital back to its members this year.
Spokesman Brian Tanabe explains, “Each time you pay your Lower Valley Energy bill, you build equity in your member-owned energy cooperative. The amount of equity you earn is determined by the net margins – the amount of revenue collected in excess of expenses for that year.”
This year the Lower Valley Energy Board of Directors approved returning over $3.1 million in patronage capital (for the year 2003).
Tanabe said, “Cooperative ownership brings you value year after year. The Lower Valley Energy team is committed to providing you with exceptional and reliable service at some of the lowest rates in the country. Lower Valley Energy appreciates your business and looks forward to serving you in the years to come.”
 


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