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Community & News
CIPCO
Years of Service Recognition Events Held at all CIPCO Facilities
Annual recognition events were recently sponsored by CIPCO for its employees. All employees were honored
30 Years
25 Years 20 Years 15 Years 10 Years 5 Years
Iowa’s Touchstone Energy® Co-ops Host Energy Efficiency Display At The Iowa State Fair
Electric cooperatives are a place where innovation occurs, accountability is in action, integrity is displayed, and there is commitment to the communities served through education and partnerships. By being A Touchstone Energy Cooperative, CIPCO, embraces a set of principles that includes “Commitment to Community.”
For more information on how to start saving now, go to www.TogetherWeSave.com.
CIPCO Staff Members Prepare for the Future Director of Corporate Communications, Kathe Breheny and Public Affairs Strategist, Dusky Terry graduate from the Management Internship Program
MIP participants go through three 10-day sessions designed to challenge and educate participants in new, innovative management techniques. Participants leave with a better understanding of what consumers want and how to ensure they get it. By also covering the unique principles that govern the operations of electric cooperatives, the program helps the co-op analyze other business ventures it may want to enter as well as enhancing the core organization. Only rural electric cooperative CEOs and top level management participate in this program. This allows greater emphasis of study, on management challenges and the aspects of consumer-ownership that cooperatives enjoy. Participants learn to be more consumer focused in their daily management decisions.
CIPCO Business Development Manager Completes ABI Leadership Iowa Program
CIPCO Recognized at Spotlight on Excellence 2011 Awards Program
CIPCO recently received recognition in the 2011 “Spotlight on Excellence” national awards program, sponsored by the Council of Rural Electric Communicators and the National Rural Electric Cooperative Association. CIPCO was recognized with an “Award of Excellence” in two program categories. The first was in the category for “Best Special Publication” for our corporate brochure entitled “Powering Iowa’s Economy” and the second award category was for “Best Annual Report to Members” for our 2009 Annual Report entitled “Unwavering Focus. Quiet Strength.” A special luncheon honored the award recipients during the Connect 2011 Conference held in Denver, Colorado on May 11. Winning entries were displayed during the event. Faculty members from the University of Missouri – Columbia, University of South Carolina and the University of North Carolina – Chapel Hill judged the entries. “The judges noted that electric cooperatives are being challenged to communicate to the people they serve in more ways than ever before,” said Maggie Tilley, administrator of Spotlight on Excellence. “Printed newsletters, news releases, websites, social media, videos, and information in bills are all more important than ever to keep members updated.”
CIPCO Committee Meets with Federal Officials
The delegation representing Iowa cooperatives totaled 33 members this year, including Bob Collins, Ralph Lents, Marcel Fett, and Sam Nichols from the CIPCO Board. Others representing CIPCO and/or member systems included Kirk Trede (Eastern), John Smith (Pella), Jenna Boot (Pella), Steve Marlow (East-Central), Steve Carroll (Linn County), Dennis Murdock (CIPCO), Kathe Breheny (CIPCO), and Dusky Terry (CIPCO). Each attendee participated in meetings with Iowa’s members of Congress and spoke to issues important to Iowa’s cooperatives:
2. Federal Emergency Management Agency (FEMA). Iowa officials were urged to support funding for FEMA to make sure that funds remain available for response and mitigation of natural disasters and asked members to work with FEMA to modify the agency’s policy regarding approval of partial work on projects. The goal is to get funding that has already been approved actually dispersed so work projects are not delayed further. 3. Clean Renewable Energy Bonds (CREBS). Participants urged members of Congress to support the extension of CREBS or a similar program to provide renewable energy incentives for not-for-profit cooperatives that are comparable to incentives received by other electric utilities. 4. Coal Combustion Residuals (Coal Ash). Members of Congress were encouraged to resist EPA’s efforts to classify coal ash as a hazardous material, which would prevent its recycling into everyday products such as bricks, asphalt, shingles, and bowling balls. 5. Captive Rail. The lack of competition among freight railroads continues to be an issue that drives up rates and compromises reliable service. Officials were asked to support the Railroad Antitrust Enforcement Act. The Iowa group held very productive meetings with Sens. Grassley and Harkin and Reps. Loebsack, Latham, and Boswell. The group met with staff from Reps. Braley and King’s offices due to scheduling conflicts with both Congressmen. The goal of this trip was to make our voices heard to the policymakers that have a direct impact on the electric utility business. To that end, it was a successful trip for the 33 Iowans who participated and advocated on behalf of Iowa’s electric cooperatives. CIPCO’s 64th Annual Meeting of Members
The afternoon meeting on March 21st began with an industry update which included discussion on pertinent topics relative to our industry. Alan Spen of the PFM Group (Public Financial Management) discussed rating distribution for an electric utility system, major rating factors, cooperative financial ratios, and the key industry drivers that affect a financial rating. Bruce Lacy of Lacy Consulting Group LLC presented a nuclear energy update. A timely topic on several minds in the midst of the recent events that occurred at one of Japan’s nuclear power plants as a result of a major earthquake and tsunami that hit this country earlier in the month. CIPCO staff also addressed the issues facing the industry now and in the future relative to power supply and industry forecasts. All cooperative member directors were invited to participate in this session.
An evening reception was hosted by CIPCO at the State Historical Building for directors and staff as well as some special guests. A number of state legislators, executive branch officials, and business partners attended this event. CIPCO honored the progress of member cooperatives in achieving energy efficiency excellence during an awards presentation. Member cooperative recipients of these 2010 Energy Efficiency Program Awards were Pella Cooperative Electric Association, Linn County REC, Southwest Iowa REC, Maquoketa Valley Electric Cooperative, Midland Power, and Clarke Electric Cooperative. Iowa Area Development Group (IADG) also used this opportunity to recognize some member cooperatives for significant economic development accomplishments. Recipients of these IADG Impact Awards included Bellevue Municipal Utilities, Consumers Energy, Eastern Iowa Light & Power Cooperative, Farmers Electric Cooperative, Greenfield Municipal Utilities, and Central Iowa Power Cooperative.
The following morning, the official meeting kicked off with the re-election of all CIPCO directors to the board and reports about the current status of the cooperative. Treasurer Dale Walkup reported on CIPCO’s strong financial standing; and Allan Duffe, president of the board, outlined a series of strategic initiatives undertaken by the board to prepare the organization and to take advantage of future opportunities. Executive Vice President & CEO Dennis Murdock then reported and outlined his vision and continued efforts for a strategic alignment of CIPCO and distribution cooperatives’ objectives through a series of meetings in their local boardrooms. The board affirmed its support of the executive committee by re-electing Allan Duffe as president, Bob Collins as vice president, Sam Nichols as Secretary and Dale Walkup as Treasurer. The Annual Meeting concluded with a series of excellent outside speakers. First, Debi Durham, Director of the Iowa Department of Economic Development, outlined the state’s plan for continued growth and development in Iowa as well as the goals set by the governor to continue to grow Iowa’s economy. Tim Coonan with the Iowa Association of Electric Cooperatives provided an overview of the events occurring at the state legislative sessions and urged all to attend the upcoming REC Day on the Hill. The keynote speaker for the meeting was Richard (Ric) Jurgens, Chairman of the Board & CEO of Hy-Vee, Inc. He discussed the efforts and investments that his company makes to continue advancement and growth within the communities served by Hy-Vee and the countless dedicated employees that make this organization the success it is.
CIPCO News
Details for the 20th annual contractor conference, Momentum is Building are finalized.
CIPCO Adding New Iowa-based Wind Energy — Nov 17, 2011
CIPCO commits to purchasing entire output for two new wind farms being constructed near the towns of Hawkeye and Grand Junction.
CIPCO employees are honored at annual recognition events.
Iowa’s Touchstone Energy® Co-ops Host Energy Efficiency Display At The Iowa State Fair — Aug 22, 2011
Iowa's Electric Cooperatives have fun at the fair!
A successful cooperative effort between CIPCO and Linn County Rural Electric Cooperative for the American Red Cross.
CIPCO Five-O Sails on Robbins Lake — Jun 27, 2011
The Cardboard Boats Sail Again During the Cedar Rapids Freedom Festival.
CIPCO Staff Members Prepare for the Future — Jun 24, 2011
Director of Corporate Communications, Kathe Breheny and Public Affairs Strategist, Dusky Terry graduate from the Management Internship Program.
CIPCO Committee Meets with Federal Officials — May 6, 2011
Rural Electric Cooperative members from nearly every state meet in our nation's capital during NRECA's Legislative Conference.
CIPCO Sponsors American Red Cross BIG B*A*S*H Event — May 6, 2011
Amercian Red Cross BIG B*A*S*H* event held in Cedar Rapids, Iowa.
Complete details on the first-ever "Shovel Ready" Certification cermony are set for this month.
CIPCO Receives Upgraded Credit Rating to 'A' — Feb 11, 2011
CIPCO Receives Upgraded Credit Rating to 'A' from Fitch Ratings.
CIPCO Receives ‘A’ Credit Rating — Jan 3, 2011
S & P Ratings Services has affirmed its 'A' issuer credit rating on CIPCO.
Duane Arnold Energy Center Receives License Extension — Dec 16, 2010
Iowa’s only nuclear plant approved for additional 20 years.
Central Iowa Power Cooperative • P.O. Box 2517 Cedar Rapids, IA 52406-2517
Phone: (319) 366-8011 Fax:(319) 366-8626 • Contact Us |
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