Check for the Check
Every year, Midland Power Cooperative sends out thousands of patronage dividend checks to its members. And every year, hundreds of these checks remain unclaimed.
To combat this, Midland Power is introducing its Check for the Check campaign, to remind its members to look for the dividend checks in their mail in early December.
“Patronage is an important part of what separates us from other electric utilities,” said Jack Runge, board president, Midland Power. “Which is why this year we’re making it a priority to raise awareness of the program.”
This year, Midland Power will be sending out roughly 8,755 patronage dividend checks. A total of $800,000 will go to members who were customers in 1998 and/or 2012. Members getting less than $10 will instead receive a bill credit on their account for December.
Midland Power serves customers in 10 of Story County’s townships.