The past year brought notable challenges across the energy sector. Increasing material expenses and higher wholesale power costs created a more demanding and unpredictable environment.

Such an environment reinforces the importance of financial stability, careful forecasting and measured planning. In response, we’ve prioritized strategic investments that strengthen our system—modernizing infrastructure, enhancing grid reliability and advancing technologies that improve efficiency and outage response.

Our steady, measured approach positions us to manage this financially volatile environment while minimizing impact to our member-owners.

Every decision we make is grounded in long-term thinking and guided by what serves our members best. By maintaining balance and focus, we are able to adapt to changing conditions without losing momentum.

Our commitment extends well beyond delivering electricity. We remain actively engaged in our communities—supporting schools, youth initiatives and local organizations—because we believe strong communities benefit everyone.

We’re proud of the strides we made in 2025 to adjust for the changing landscape but know there is much more to do. Our focus, as always, remains on you, our member-owners.

Through advanced data tools and personalized support, our energy advisors provide insights that help reduce usage and lower costs. Those efforts are solely targeted on minimizing financial impact to our member-owners. In the year ahead, we will remain dedicated to reliable service and keeping your priorities at the center of all we do.

Thank you for the trust you place in us. Together, we’ll continue powering what matters.

Cooperatively yours,
Tammie Phillips, Board President
Dennis Mabe, Chief Executive Officer