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Member Benefits

Membership
You are a member-owner of Pierce Pepin Cooperative Services. Cooperative businesses are owned by the consumers they serve and are guided by a set of seven principles that reflect the best interests of those consumers.  PPCS provides retail electricity and energy-related products and services to over 6,600 members. As a member of PPCS, you enjoy these membership benefits:

  • Reliable, cost-based electric service; we are a not-for-profit organization
  • Access to energy-related information, products and services
  • Capital credits, a shre in the cooperative's margins (surplus revenues)
  • Voting at the PPCS Annual Meeting
  • Representation by a nine-member Board of Directors elected by the members

Local Leadership
PPCS’ service territory is divided into nine voting districts, each with an elected representative on the Board of Directors. Each director is a member of the cooperative and is elected by the members. In turn, the Board hires the President and Chief Executive Officer (CEO) who is responsible for overseeing the day-to-day operation of the business.

Capital Credits
Unlike investor-owned utilities, PPCS is owned by the members we serve. Each year, all margins (surplus revenues) are allocated to members based on each member's share of purchases from the cooperative for the year. Capital credits are an investment in PPCS and accumulate in each member’s name. Capital credits are paid out based on the cooperative’s equity management plan as approved by the Board of Directors.

Pierce Pepin has returned over $11.5 million to its members in capital credit refunds.

Caring for our Communities
PPCS is committed to the communities we serve. We support local schools, community organizations and agencies through donations and programs that PPCS offers. PPCS also promotes economic development with financial assistance through various programs available to the cooperative. Many of our employees are personally involved with local groups and organizations, which strengthens and enhances the cooperative’s relationship with the people and communities we serve.

 

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