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  • Co-op Hotline April 2014 - Southeastern Indiana Remc

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Volume: 9, Issue 2 Office Hours 7:30 AM to 4:30 PM (EDT) Monday through Friday Contact Information Local calls: 812-689-4111 Toll free: 800-737-4111 FAX only: 812-689-6987 Call Before You Dig: 800-382-5544.

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BillMatrix submits your payment information for settlement by 6 p.m. Central time, Monday through Friday. Your payment and the $5.95 BillMatrix transaction fee will be automatically drafted from your checking account within the next one to three business days.

Important Information. then South Central Indiana REMC at (800) 264-7362. To report a fiber outage or connectivity issues, please call (833) 444-2504. E-mail communication to SCI REMC and SCI Fiber is not monitored on evenings, weekends, and holidays.

Patronage capital, also called margins, for any given year, is the difference between that year's operating income and operating expenses. Margins are allocated on an annual basis to the cooperative membership based upon their individual usage during that year.

A patronage dividend is essentially a refund for members who have purchased goods or services from a cooperative. As the name implies, patronage dividends are paid to individuals as a result of belonging to the cooperative.

“margins” in a cooperative, remaining after operating. expenses are divided between members based on usage. This margin is then called “patronage capital” and. represents the amount of ownership a member has in. the cooperative.

To make a payment by telephone please call 812-384-4446 or 800-489-7362.

Gather your bills, including account numbers and the addresses to where you mail the payments. Enter each biller's information into your bank's online bill pay platform, or choose them from a list provided by your bank. Choose when to send the payment.

If lender requirements are met, and the financial position of the Co-op permits, EMEC could retire a small percentage of the patronage capital. In this context, “retirement” means converting equity to cash and returning it to Co-op members.

Indiana Michigan Power partners with BillMatrix for immediate payments by phone. Call BillMatrix toll-free at 800.611. 0964 to make a payment. Pay by credit, debit, some ATM cards or e-check.

Patronage Refund: A payment from a cooperative to a. patron from net margins based on quantity or value of business done with or for the patron. The refund may be in cash and/or in the form of a document evidencing the patron's decision to have the cooperative retain the refund as an investment by the patron.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232