Measuring our Impact
North West REC participates in the groundbreaking at the new Orange City Industrial Park.
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In the spring of 2004, the Iowa Association of Electric Cooperatives partnered with Strategic Economics Group, a
nationally recognized research firm, to survey the economic impact Iowa’s electric cooperatives have on the
state. The survey was designed to measure cooperatives’ data for 2003 regarding the following:
- Operations expenditures
- Expenditures on community and business programs
- Charitable contributions
- Community and economic development investments
- Volunteer activities
Groundbreaking ceremony for Amaizing Energy, the $60 million ethanol facility near Denison. Harrison County REC will provide power to the plant.
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There are two types of electric cooperatives in Iowa, both of which are included in the study. The distribution cooperatives (35), who purchase wholesale power and deliver it to their member consumers. The generation and transmission cooperatives (5), also known as G&Ts, are power-supply cooperatives owned by the distribution cooperatives. The G&Ts generate power or purchase it from an outside source.
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A member-owned business with membership open to those who use its services. Democratically controlled and operated on a non-profit basis, a cooperative returns any margins to members on the basis of patronage.
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