Where the donation dollars come fromAs an electric cooperative, we often get asked where the money comes from for community donations. The majority of the donation dollars come from our
program, more specifically, unclaimed Cash Back payments.
move into our service area, you are not only a customer, you’re also a
member. We return any profits earned to our members annually in the
form of Cash Back. When members move away, we continue to send them
their Cash Back. If we don’t have a correct forwarding address, or for
whatever reason we can’t locate former members, we are required to
hold that money for seven years. After that time, under Minnesota law,
any unclaimed Cash Back funds must be donated to the community.
We believe in supporting our communities. We want this money to stay
right here —
close to home, benefitting us all.