In the wake of Michigan’s ambitious energy policy overhaul, Cloverland is navigating the challenging landscape shaped by the new state energy regulations, effective November 2023. The mandate outlines transformative goals, which causes electric utilities to drastically redefine their energy portfolios. Although Cloverland currently has a strong clean energy profile, we’ll need to work hard on […]
In the dynamic landscape of electric cooperatives, the pursuit of growth is not merely a goal; it’s a commitment to community welfare and shared prosperity. At the heart of our organizational vision lies a strategic roadmap aimed at fostering economic development and partnership opportunities while continuing safe, reliable and affordable service to our 34,000 members […]
Since our new rate structure was implemented in January, we have received many inquiries about peak demand so I wanted to explain it in greater detail. Cloverland Electric Cooperative’s peak demand charge better aligns costs more accurately and fairly for members since the co-op pays a premium for power used during peak hours, such as […]
National Co-op Month is a great time to remind our 34,000 members that Cloverland Electric Cooperative was created to serve our community. Back in the day, neighbors banded together and formed our co-op for the common good. In our case, it was the only way the community could bring electricity to the area where there […]
It’s an exciting time to be in the energy industry. The Inflation Reduction Act earmarked $10.7 billion to make rural energy cleaner and more affordable. It is the biggest boost of federal funding since the New Deal law that created America’s rural electric cooperatives that bring power to 42 million people across the country. Cloverland […]
As a member of Cloverland Electric Cooperative, you have a share in our margins, in the form of capital credits. This capital credit retirement reflects the contribution of capital to the cooperative during those years. Over time, those funds helped Cloverland stabilize rates and reduce the amount borrowed to build, maintain and expand the distribution […]
Cloverland Electric is involved in data mining projects to strengthen our energy consumption profile and revenue. So what is data mining and how does it benefit the cooperative and our membership? We use the word data mining versus crypto mining because recently there have been concerns about the crypto market. The data mining organizations looking […]
As we communicated throughout 2022, Cloverland’s board of directors passed the recommended rate increase from our cost-of-service study, effective this month. The 5% overall increase is equivalent to 1% per year since the 2017 increase. To address questions on our new rate structure, please visit Cloverland.com/rates or contact our member services team to have information […]
At Cloverland Electric Cooperative, we know our members put a lot of trust in us to be responsible with their money. We bear this trust in mind each time we purchase new equipment or invest in upgrades for our infrastructure. The same is true when we determine rates for the electric service our members depend […]
When something is transparent, light shines through it. Sometimes you need to examine it from several angles to see it correctly. In the spirit of transparency, we want our members to know that electric rates will be going up – taking effect in January 2023. Since I started in 2019, Cloverland’s financial health improved significantly […]