As a member, you earn capital credits each year based on your patronage. This means if you purchase more electricity in a year, your allocation of capital credits is more for that year. Your Board of Directors makes a decision annually on whether to retire, or pay out, old capital credits based on the financial […]
Category: News
Something to be Thankful For // November 2023 CEO Column
A quote I once read said something like “feeling gratitude and not expressing it is like wrapping a present and not giving it.” This is why at my family’s Thanksgiving dinner each year, we all take turns saying something we are grateful for. Of course, my list always includes great family and friends and good […]
Local Projects Receive Grants
63 million pennies. That’s how much TWEC’s Community Trust has given back to local community organizations since 2002 in Operation Round Up grants. Each month, Todd-Wadena “rounds up” the electric bills of participating members to the next highest dollar. One month, it may be one penny, and the next month, 99 pennies. The average annual […]
Cybersecurity Starts with All of Us
By Abby Harrison, Executive Assistant & Cyber Security Specialist Each October, we recognize Cybersecurity Awareness Month. As the new cybersecurity specialist for Todd-Wadena Electric Cooperative, I always remind employees, and want to remind you, that we are all the first line…. first line of defense against cybersecurity threats. It only takes one click on a […]
National Co-op Month // October 2023 CEO Column
One of my favorite quotes has always been: “Those who do not remember the past are condemned to repeat it.” Yet, sometimes, remembering our history with the goal of repeating it can actually be a good thing. As the nation’s 40,000 cooperatives celebrate National Co-op Month this October, it is a great time to take […]
A History of Service and Cooperation
Todd-Wadena Electric Cooperative was incorporated in 1940 by a small but dedicated group of people committed to bringing power to rural central Minnesota and improving the lives of their friends and neighbors. The cooperative’s story began in the late 1930s, during the Great Depression. At the time, many rural Americans did not have access to […]
Responding to the Needs of the Grid // CEO Column September 2023
Our homes are outfitted with more devices that require electricity than ever before as life has become increasingly dependent on them to function. As this demand for electricity rises, Todd-Wadena Electric Cooperative must continue providing the same affordable, round-the-clock service to its members—regardless of market conditions, or in Minnesota’s case: weather conditions. Demand for electricity […]
Rate Adjustment in Effect September 1st
As announced earlier this summer, the rate adjustment is now in effect as of September 1st and will be reflected on members’ October billing statements. The various factors contributing to the need for this change include, but are not limited to, wholesale power costs, long-term interest rates, increased construction needs, material costs, and other inflationary […]
Over 325 TWEC Members Attend Annual Pancake Supper and EV Ride & Drive
Over 325 members partook in the annual member appreciation pancake supper event on Tuesday, August 15th. Members enjoyed pancakes and sausages served by the Sebeka Lions. Members had the opportunity to take a ride in one of three electric vehicles (EVs): Chevy Bolt, Ford Mustang Mach-E, and a Tesla Model Y. They could also take […]
Transmission Buildout // August 2023 CEO Column
Great River Energy, wholesale power supplier to Todd-Wadena Electric Cooperative (TWEC), is transitioning from a historically coal-dependent cooperative to one with low carbon intensity. The cooperative is on track to meet Minnesota’s 80% greenhouse gas reduction goal decades ahead of schedule. This type of news makes headlines every day, but there’s a critical piece of […]