NOBLE REMC

Owned by the members we serve, Noble REMC is governed by an elected board of directors made up of nine members of the REMC. Directors are elected on a rotating basis at our annual meeting... One of the most tangible benefits of being a cooperative member is patronage capital - also known as, cash back. Built by the community we serve, we share our excess revenue back with our members, which sets us apart from investor-owned and municipal electric companies. When Noble REMC is in a financial position to do so - as it has been for the past 25 years - our members receive a refund check in early December, representing the prorated amount between the actual cost of service and the margin for a given year. This cash back to our members totals nearly $10 million since the mid-1990s, a sign of the cooperative's financial strength and stability... Founded in 1936 in Albion, Indiana, Noble Rural Electric Membership Cooperative (REMC), a Touchstone Energy Cooperative, has provided electricity..

Primary location: Albion United States