Inter-County Energy's brief history
On June 14, 1937, a small group of people from Boyle, Garrard, and Marion counties met in the Farm Bureau office in Danville and officially organized Inter-County Rural Electric Cooperative Corporation for the purpose of making electric service available in the surrounding rural area. Learn more of the cooperative history.
You're The Owners
Inter-County Energy is locally owned and controlled by the members that use its services and operates on a non-profit basis.
Control of the cooperative rests with the members and any economic gain is given back to the members in proportion to the use they make of its services.
Here's how it works: when a person becomes a member of Inter-County Energy, they pay a membership fee. The member receives a membership certification and the same voting privilege as any other member. Each member has one vote that they may cast during election or other matters concerning the cooperative.
The cooperative is required to have an annual meeting where the members are informed about the cooperative's financial condition, its growth, and an election of the Board of Directors is held.
Being Non-Profit
The cooperative operates on a non-profit basis. At the end of the year the amount of money that is in excess of operating costs is prorated back to the members based on the amount of their usage during the year. This is known as Capital Credits.
Board Members & Voting Districts
The areas served have been divided into six (6) districts and one board member is elected from each district. The six districts and the counties included in each are:
