Skip to main content

CONTACT: 712.659.3649

Pay My Bill
Outages
Rebates
E-News Sign-Up
Home
1/27/23 @ 1:11 am | Your cooperative is currently experiencing normal energy demand. No special energy saving measures are necessary.
Menu
  • HOME
  • ABOUT US
    • About RVEC
    • Board of Directors
    • Statement of Nondiscrimination
    • Newsletters
    • About Touchstone Energy
  • ENERGY CENTER
    • Rebates
    • Energy Saving Tips
    • Touchstone Energy Savings
  • MEMBER INFO
    • My Account
      • Pay My Bill/View My KWH Usage
      • Payment Options
      • What It Means to Be a Member
      • Patronage (Capital Credits)
      • Member Online Filter Store
      • My Power = Demand & Energy
      • My Power = Peak Page
    • Forms
    • Community
      • Co-op Connections
      • Homeward's Grants & Loans
    • Youth
      • Scholarship Opportunities
      • Youth Tour
  • RENEWABLE ENERGY
    • Community Solar
    • Iowa Energy Center
    • Iowa Choice Renewables
  • ECONOMIC DEV/COMMUNITY
    • Economic Development
  • SAFETY
    • Safety Checklist
    • Safety Quiz
    • Kids Safety
  • OUTAGES
    • Outage Preparedness
    • Outage Restoration
    • Outage Safety
    • Outage Center
  • CONTACT US

What It Means to Be a Member

You are here

  1. MEMBER INFO
  2. My Account
  3. What It Means to Be a Member
mother and child

Member Owned

RVEC is different from other utilities because it is a not-for-profit business. We do not sell stock and are not under pressure to earn profits for absentee stockholders. The Cooperative is owned by its members, not investors.  Anyone who buys electricity from RVEC is a member-owner; all member-owners share ownership of the Cooperative and have a voice in its operation.

Members Benefit

A benefit of being a member-owner is competitive energy costs. The rates and fees are cost based, which provides you with the lowest prices to deliver Reliable, Affordable and Responsible electricity. If RVEC collects more money than it needs to operate, it reinvests those margins into the system to keep your power on and keep our needs to borrow high-interest capital to a minimum. 

RVEC also has several programs designed to help you reduce your energy costs. Such programs include rebates for energy efficiency, advice on geothermal or air source heat pumps, lighting suggestions, information on electric water heaters, and more. 

One of the greatest assets you have available as a cooperative member-owner is personal service from someone you can trust, that's your electric cooperative.

Your Voice Matters

Each membership has one vote in the election of the Cooperative’s board of directors and in any other decisions brought up at the Cooperative’s annual meeting (September). 

Directors of the Cooperative are also member-owners, who serve without salary, except for a per diem and expenses to cover their out-of-pocket costs in serving the Cooperative. The board of directors hires a CEO to take charge of operating the Cooperative for the benefit of its members-owner. These directors represent you, our member-owners.

Back to Top

Quick Links

  • Contact Us
  • Rebates
  • Privacy Policy
  • Statement of Nondiscrimination

Contact Info

Raccoon Valley Electric Cooperative

28725 Hwy 30 / PO Box 486

Glidden, IA  51443

712.659.3649 or 800.253.6211

www.rvec.coop

About Us

Raccoon Valley Electric Cooperative (RVEC), headquartered in Glidden, Iowa, is a member-owned, non-for-profit rural electric cooperative. RVEC provides reliable, affordable, responsible energy to businesses and industries, farms and homes throughout west central Iowa. Learn More.

Follow Us Online

All information on this website can be made available in an alternate form by calling 712.659.3649.

©2023 Raccoon Valley Electric Cooperative. All Rights Reserved.

  • HOME
  • ABOUT US
    • About RVEC
    • Board of Directors
    • Statement of Nondiscrimination
    • Newsletters
    • About Touchstone Energy
  • ENERGY CENTER
    • Rebates
    • Energy Saving Tips
    • Touchstone Energy Savings
  • MEMBER INFO
    • My Account
      • Pay My Bill/View My KWH Usage
      • Payment Options
      • What It Means to Be a Member
      • Patronage (Capital Credits)
      • Member Online Filter Store
      • My Power = Demand & Energy
      • My Power = Peak Page
    • Forms
    • Community
      • Co-op Connections
      • Homeward's Grants & Loans
    • Youth
      • Scholarship Opportunities
      • Youth Tour
  • RENEWABLE ENERGY
    • Community Solar
    • Iowa Energy Center
    • Iowa Choice Renewables
  • ECONOMIC DEV/COMMUNITY
    • Economic Development
  • SAFETY
    • Safety Checklist
    • Safety Quiz
    • Kids Safety
  • OUTAGES
    • Outage Preparedness
    • Outage Restoration
    • Outage Safety
    • Outage Center
  • CONTACT US