Lower Valley Energy Injects Over $4.8 Million Into Community
(December 15, 2021) AFTON, WY – One of the fundamental principles of a cooperative utility versus an investor-owned utility is the return of patronage capital (or equity). Lower Valley Energy injects over $4.8 million back into the local economies this year by returning patronage capital to its members. Each time you pay your Lower Valley Energy bill, you build equity in your 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 $4.8 million in patronage capital. Last year Lower Valley Energy returned over $3.1 million to its members.
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.