Press Release

More than 25 representatives from Iowa’s electric cooperatives traveled to the Capitol earlier this week to advocate for their co-op members. While in Washington, D.C., the group attended high-level briefings on key issues impacting the electric industry and met with all six members of Iowa’s Congressional Delegation to discuss priorities and concerns.

Advocates shared concerns that could impact electric cooperatives’ ability to provide reliable and affordable power, including federal EPA mandates that may force electric generation plants to shut down prematurely. Additionally, the co-op representatives talked about continued supply chain challenges and how they impact day-to-day operations.

 “These legislative visits in D.C. are valuable opportunities to connect with our members of Congress and their staff. They learn more about our rural Iowa priorities and ask how they can help us in our cooperative mission to power lives and empower communities,” remarked Chuck Soderberg, executive vice president and general manager of IAEC.

Iowa’s locally owned and governed electric cooperatives contribute greatly to the state economy, according to a recent economic impact study produced by Goss & Associates. For the five years ending in 2021, the study found that Iowa electric co-ops generated a total impact on the state of $4.8 billion, produced $688 million in wages and salaries, directly supported 1,961 jobs, generated self-employment income of $79.5 million and paid $144.7 million in state and local taxes.

“This study confirms what we have long known; electric cooperatives contribute greatly to the state’s economic progress, especially throughout rural Iowa,” remarked Chuck Soderberg, executive vice president and general manager of the Iowa Association of Electric Cooperatives (IAEC). “Powering lives and empowering communities are core to our cooperative mission.”

Earlier this summer, the Touchstone Energy Cooperatives of Iowa sponsored their third annual Shine the Light contest to highlight our cooperative commitment to community. During the month of June, member-consumers and employees of Iowa’s locally owned electric cooperatives were invited to nominate volunteers in their communities who are working to improve quality of life.

We received 126 nominations from across the state, highlighting the work of many incredible Iowans. Three winners were chosen by our judges, and they each received a $2,500 donation to their local charity.

38 high school students, sponsored by Iowa’s locally owned electric cooperatives, traveled to Washington, D.C., from June 17-23 for the 2023 Electric Cooperative Youth Tour. The Iowa students joined with hundreds of other student leaders from across the nation to learn more about cooperatives, American history and government. Iowa’s electric cooperatives were the first ones to send students to Washington, D.C., 65 years ago in 1958; over the decades, hundreds of Iowa student leaders have gained perspective about their role as an American citizen through this program.

The Iowa Association of Electric Cooperatives (IAEC), the trade association for Iowa’s electric cooperatives, conducted its 2022 Annual Meeting at the Sheraton West Des Moines Conference Center on December 1 and 2 with more than 350 registered attendees. Board directors and employees from Iowa’s locally owned electric co-ops received informative updates from the IAEC board and staff in addition to learning about industry trends and current events.

“Our theme of People. Power. Purpose. really sums up what electric cooperatives are all about,” remarked Roger Solomonson of Heartland Power Cooperative, who has completed his first year as IAEC board president. "Iowa's electric cooperatives should be proud of what their statewide association has accomplished on their behalf this year."

IAEC Executive Vice President and General Manager Chuck Soderberg covered several topics during his executive report including cybersecurity resources available to member co-ops and the importance of embracing an “all-of-the-above” power generation strategy to ensure reliability for member-consumers.

Guided by our cooperative commitment to community, Iowa's electric cooperatives have a long history of supporting students in the communities we serve through scholarships and leadership opportunities. We’ve also been sending deserving high school students to our nation’s capital every summer for years as part of the national Electric Cooperative Youth Tour program.

Iowa’s electric co-ops are pleased to once again offer a virtual opportunity for rural students to learn more about advocacy, electric cooperative career opportunities and the cooperative business model with a three-part webinar series in October. The Iowa Youth Leadership Academy is open to any high school student in our service area and they are invited to register at www.IowaYouthTour.com by October 1.

Earlier this summer, the Touchstone Energy Cooperatives of Iowa sponsored its second statewide contest to highlight our cooperative commitment to community. During the month of June, the Shine the Light contest invited member-consumers and employees of Iowa’s locally owned electric cooperatives to nominate deserving volunteers in their communities.

 “The Shine the Light contest gave our members and employees a unique opportunity to show their appreciation for family, friends and neighbors who are making a positive difference in the community,” remarked Erin Campbell, director of communications for the Iowa Association of Electric Cooperatives.

68 nominations were submitted from across the state, highlighting the work of many incredible Iowans. Three volunteers were selected as winners from the entries received.

With the theme of “Partners in Progress,” the Iowa Association of Electric Cooperatives (IAEC) conducted its 2021 Annual Meeting at the Sheraton West Des Moines Conference Center on December 2 and 3 with more than 350 registered attendees. Board directors and employees from Iowa’s locally owned electric cooperatives received informative updates from IAEC Board President Steve Seidl (pictured) and IAEC Executive Vice President and General Manager Chuck Soderberg.

“Our theme of Partners in Progress is very fitting for 2021,” remarked Seidl, who retired from the IAEC Board in December after 15 years of service. “Iowa’s electric cooperatives know we can accomplish so much more when we work together to achieve a common goal.”

Soderberg added, “The statewide association has worked hard this year to serve, support and advocate for our member cooperatives. Much of our success is the result of collaboration and working together with key partners.”

During the business meeting portion of the annual meeting, three new directors were elected to the IAEC Board: Tony Lem of Consumers Energy was elected to represent District 2, Jim Miller of Calhoun County Electric Cooperative Association was elected to represent District 5 and Deena Moore of Southwest Iowa REC was elected to finish out the remaining year of Darrell Jensen’s term in District 4. Directors on the IAEC Board serve staggered three-year terms. The IAEC Board would like to thank retiring directors Steve Seidl of Raccoon Valley Electric Cooperative, Don Shonka of East-Central Iowa REC and Darrell Jensen of Farmers Electric Cooperative, Inc. for their leadership and service to Iowa’s electric cooperatives. They were presented with commemorative plaques during the business meeting in recognition of their service.

Following the Annual Meeting, the new slate of directors reorganized and announced the following officers:

• IAEC Board President: Roger Solomonson, District 3 director from Heartland Power Cooperative
• IAEC Board Vice President: Gordon Greimann, District 6 director from Franklin REC
• IAEC Board Secretary/Treasurer: Kenneth VandenBerg, District 1 director from Chariton Valley Electric Cooperative
• IAEC Board Assistant Secretary/Treasurer: Neal Heldt, District 7 director from Iowa Lakes Electric Cooperative

October has been declared “Co-Op Month in Iowa” by Kim Reynolds. In the proclamation, the Governor mentions:

• Grain and farm supply cooperatives in Iowa generate significant income, employment, and revenue and function as engines of economic growth for local communities as they operate in 700+ communities, employ 8,000+ people, serve 122,000+ member-owners, and pay over $32 million in property taxes locally; and
   
• Rural electric and telephone cooperatives connect Iowans and have helped bring $10 billion in investment to rural economic development over the past 30 years, employ 1,500+ people, have 690,000+ member-owners, and pay more than $14 million in property taxes each year; and
• Credit unions in Iowa, as financial cooperatives, improve the financial lives of consumers, function as engines of economic growth as they operate in all 99 counties, employ more than 4,200 people, serve 1.3 million member-owners, and contribute $1.6 billion in economic output.

 “Co-ops exist for the benefit of their members, while also serving the needs for their local communities,” said Dave Holm, Executive Director of the Iowa Institute for Cooperatives.

More than one out of every three Iowans is a member of a co-op through industries like rural electric, credit unions, rural telephone, farm credit, petroleum, retail and more. Co-ops are not-for-profit organizations that are owned and democratically controlled by their members. They exist to benefit the people who use the co-op’s services, rather than to generate profits for outside investors, and members elect their board of directors from within the membership.

Earlier this summer, the Touchstone Energy Cooperatives of Iowa sponsored a new contest to highlight our cooperative commitment to community. The Shine the Light contest opened during the month of June and member-consumers and employees of Iowa’s locally owned electric cooperatives were invited to nominate volunteers in their communities who are making a difference.

“We were very pleased with the response we received this first year,“ remarked Erin Campbell, IAEC director of communications. “This contest gave our co-op members a wonderful opportunity to show their appreciation for family, friends and neighbors who are making a positive difference in their communities.”

We received 39 nominations from across the state, highlighting the work of incredible Iowans. Three winners were selected based on their community impact.