THE MISSSION OF HOLMES-WAYNE ELECTRIC COOPERTATIVE, INC. IS TO SAFELY PROVIDE RELIABLE, COMPETITIVELY-PRICED ELECTRIC SERVICE FOR OUR MEMBER-OWNERS TO ENHANCE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE WHILE EMBRACING COOPERATIVE PRINCIPLES AND VALUES.Hear from Holmes-Wayne President& CEO, Glenn Miller
Courtesy of thevoiceofholmescounty.com
Established in 1935 in Millersburg,
Ohio, Holmes-Wayne Electric
Cooperative, Inc. is a non-profit
electric distribution utility. We are
owned and operated by our member -customers. Here is a quick rundown
of other facts about the Cooperative.
•
Holmes-Wayne Electric Cooperative, Inc. serves more than 18,000 accounts in Holmes, Wayne, Medina, Ashland, Stark, Tuscarawas, Knox and Coshocton counties. Headquarters are in Millersburg, with a district office in West Salem.
•
Holmes-Wayne Electric Cooperative, Inc. owns and maintains over 2,200 miles of distribution line and 17 substations.
•
The Cooperative was formed on October 30, 1935, in Millersburg.
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Revenue in 2012 was approximately $36.9 million.
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Holmes-Wayne Electric Cooperative, Inc. paid $2.5 million in taxes in 2012.
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A nine member board of trustees, elected from the membership. oversees the Cooperative. The board hires the president/CEO, who is responsible for the day-to-day operations.
•
The Cooperative has 37 employees.
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Holmes-Wayne Electric Cooperative, Inc. is a member-owner of Buckeye Power, Inc., and buys all of its electricity from Buckeye Power, which also operates as a Co-op. As a Cooperative member, you own Holmes-Wayne and a portion of Buckeye Power.
•
In addition to Buckeye Power, Holmes-Wayne is a member of Ohio Rural Electric Cooperatives, Inc., the National Rural Electric Cooperative Association, Cooperative Response Center, Cooperative Financial Corporation, and National Information Solutions Cooperative.
•
The average residential consumer on Holmes-Wayne's lines uses about 1,350 kilowatt hours (KWH) per month.
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As a non-profit Cooperative, any margins received beyond the cost of providing service (profits) are assigned to each member's account, according to the usage, and eventually returned to the members. These margins are referred to as "capital credits."
