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Adams Electric returns $2 million in Ownership Rewards

This month the board of directors for Adams Electric Cooperative is returning $2 million in Ownership Rewards to 32,500 current and former members, raising the total amount given back to members to almost $41 million for all retirement years.

Ownership Rewards, also known as patronage capital credits, is a benefit of being an owner of an electric cooperative. For more than 50 of the co-op’s 75 years, members have received a return or “reward” on their investment in Adams Electric based upon their “patronage” or use of electricity the co-op delivers.

Adams Electric to begin helicopter patrols

Adams Electric will begin its 2017 aerial inspections next week, patrolling critical overhead distribution lines and equipment.

Weather permitting; the patrols are scheduled to begin Feb. 6, in portions of Adams County which are served by the cooperative. The aerial inspections will then move to York County, and finally lower Cumberland and upper Franklin counties.

Adams Electric receives American Heart Association wellness awards

Adams Electric Cooperative has been selected for the third year in a row as a Platinum Fit-Friendly Worksite by the American Heart Association for helping employees eat better and become more physically active. The cooperative also received the American Heart Association’s newest award; bronze level recognition in the Workplace Health Achievement Index, a science-based and evidence-informed measurement that assesses and recognizes workplace health programs.

Chief operating officer hired at Adams Electric Cooperative

CEO/General Manager Steve Rasmussen today announced the hiring of Jim Siglin of Vernon, N. J., to fill a newly-created position of chief operating officer at AdamsJim Siglin Electric Cooperative.

Gorman promoted to line superintendent

GETTYSBURG, PA – Guy Gorman, of Biglerville, was promoted to line superintendent in the Gettysburg District at AGuy Gormandams Electric Cooperative, effective in November.

Help Adams to "Stuff the Bucket"

Adams Electric is again teaming up with 98.5 The Peak on the annual Stuff the Bucket toy, food, blanket drive during the holidays. The radio station will hold a one-day blitz on Saturday, Dec. 3, at the following locations:

Do we owe you money?

When Adams Electric retires Ownership Rewards (patronage capital) to its current and former members, traditionally some of that money remains unclaimed after a year. By law, this money cannot be used to affect rates; therefore, the co-op uses the unclaimed funds to support high school and adult post-secondary education scholarships, invest in community projects and events, and aid members struggling to pay their electric bills.

Adams Electric recognizes years of service

Adams Electric Cooperative recently recognized 17 employees and directors for a combined 305 years of dedicated service to the cooperative at its annual employee/director recognition dinner held in October in Hanover.

“It is a pleasure to work with so many dedicated people committed to making Adams Electric a better organization for the communities it serves,” says CEO/General Manager Steve Rasmussen.

Recognized were:

Adams Electric awards $11,000 in adult scholarships

Adams Electric Cooperative recently awarded $1,000 scholarships to 11 of its adult members to help them continue their education.

The 11 were chosen from among the applications reviewed by the co-op’s volunteer scholarship committee and approved by the board of directors. This is the eighth year for the adult scholarships and the ninth year for youth scholarships, awarded to high school seniors earlier in the year. Both programs are funded with Ownership Rewards (unclaimed patronage capital money) and do not affect member rates.

Hiring and Promotions at Adams Electric

GETTYSBURG, PA- Travis Rawlings of Chambersburg was recently hired as a staking technician at Adams Electric Cooperative. The co-op also recently promoted two line workers.


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