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Facts
About Lincoln Electric Cooperative
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Lincoln
Electric Cooperative (LEC) is a rural electric cooperative, meaning
that its members own the company, elect its board of
trustees, and have a voice in the organization.
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Ownership
is reflected at LEC through Capital
Credits. Capital Credits are any funds left over
(called margins) after all expenses are paid. Capital
Credits are retained for up to twenty years to use as
working capital. They keep LEC financially
sound during emergencies such as wind and ice storms.
Capital Credits are also used to retire debt and build
equity in the distribution system.
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LEC
has been serving members for over 57
years.
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LEC serves over 4,700 meters in two
counties in northwest Montana.
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LEC
has over 855 miles of power lines to serve its
members. The service area stretches from the Canadian border north of
Eureka, south to the Bissell area west of Whitefish.
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LEC encourages economic development in the
areas it serves. In
2002, the co-op formed Eureka Rural Development Partners (ERDP)
with our sister cooperative, InterBel Telephone. ERDP assists new and expanding businesses by
providing grant writing services and business plan review.
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LEC provides a wide variety of other programs
and services to help make member's homes and businesses
energy efficient.
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