TCEC Trust Looking for Volunteer Directors
In the July newsletter TCEC announced that we are establishing a program called Operation Round Up, which rounds monthly electric bills up to the nearest dollar and puts that change into a cooperative fund to be invested in the community. While an individual member’s donation amounts to pocket change each month, the program allows TCEC to collect an average of $6 for each participating account annually. Together, those donations add up.
The Operation Round Up fund, called the TCEC Trust, will be managed by its own board of directors selected from the cooperative’s membership. The board will meet quarterly to disburse funds to emergency services such as fire departments, emergency medical services (EMS), ambulance, emergency management agencies and local police. When funds allow, disbursements may also be made to nonprofit, community-based organizations and schools.
The TCEC Board of Trustees will appoint a member from every voting district to serve on the TCEC Trust Board of Directors. Any member interested in volunteering to serve on the new TCEC Trust board may contact TCEC at email@example.com for consideration.
While we hope all our members will want to take part in this program, participation in Operation Round Up is entirely voluntary.
Initially, all TCEC members will be enrolled unless they choose to opt out. Any members who do not wish to participate can opt out at any point by contacting the cooperative and letting us know they do not want their bill rounded up at the end of each billing cycle.
We will continue to share more details on the Operation Round Up program in the coming months. If you have questions, please call TCEC at 580-652-2418.