Members Celebrate BREC’s 83rd Annual Meeting
Fredericktown, MO, June 7, 2021 – Eight hundred members took advantage of the beautiful summer morning to take a drive and participate in Black River Electric Cooperative’s 83rd Annual Meeting, Saturday, June 5th. In order to provide a safe experience for everyone, the meeting was a drive-thru format, allowing members to register and vote from the comfort and safety of their vehicles.
BREC employees donned reflective traffic vests to register members car-side. Members received a $10 electric bill credit and a registration gift bag. They also voted in the board of directors election and were entered in prize drawings.
A brief business meeting was held inside the Middle School. General Manager John Singleton reported on the cooperative’s activities during the last year, including the co-op’s solid financial condition. Singleton also reported that the Board of Directors has announced a capital credit return of $1,150,000. This is the 50th consecutive year the member-owned, not for profit cooperative has returned credits to its members. In all, more than $26,000,000 has been returned to members during that span. He also reported that rates had remained unchanged for the 5th consecutive year.
Members re-elected Harold Ellinghouse, Piedmont; Tom Mooney, Fredericktown; and Jerry Ellis, Sedgewickville to serve three year terms on the cooperative’s Board of Directors. Thirty-five members won electric bill credits ranging from $25-$100 and Pamala Roche of Jackson won the $500 Grand Prize Drawing. Prize drawings were held Monday at BREC headquarters and winners were notified and posted on www.brec.coop.
BREC would like to thank everyone who attended the Drive-Thru Annual Meeting. Members’ cooperation during these difficult times and participation in their cooperative is truly appreciated.