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Archives FAQs
Program Dates
January and February each year
How does an individual or organization apply for funding?
All applications will be reviewed by a 7-member Board of Trustees. The Board of Trustees will meet no less than quarterly and may meet more frequently as determined by the number of applications that are received. Applicants will be notified…
What is not eligible for funding?
The following will not be eligible to receive funding: Candidates for political office, political parties, or any political purpose Activities or requests that lack solid community support Payment of utility bills Salaries
Who is eligible to apply for funds?
Any individual, family, group, or organization located within South Central Indiana REMC’s service area is eligible to apply for funds. Generally, funds will be provided to meet the needs of applicants that aren’t being met through other sources of means.…
What is the purpose of Operation RoundUp?
The purpose of the SCI Membership Community Fund is to accumulate and disburse funds for charitable purposes to individuals, families, groups, and organizations located in the service area of South Central Indiana REMC. The REMC’s service area includes Morgan, Owen,…
Rules & Requirements
All rules and requirements of this program have been followed. Applicant has read and agrees to the Residential Rebate Program Terms and Conditions (PDF) Applicant is a residential member of South Central Indiana REMC, an electric cooperative member of Hoosier…
Definitions
Operating Costs: The cost to maintain, repair, and construct the electric system (poles, wires, substations, etc). Margin: At the end of the year, SCI REMC subtracts expenses from the amount of money collected, and the balance is called the margin.…
How many years of Capital Credits have you paid back to members?
We work to give capital credits to both long-term members and newer members. Capital Credits from Operating Margins have been paid back for the years 1939 to 1982 and 1994 to 2016. A portion of the capital credits from Operating…
I’m moving – will I still get my Capital Credits?
Yes! You will be entitled to Capital Credits earned while you were a member even after moving off our lines. It is important that you always provide us with your current mailing address.
What do I have to do to get Capital Credits?
Nothing. By purchasing electricity from SCI REMC, you are automatically considered a member, and an owner, of the Cooperative. At the end of the year, margins are allocated to each member that purchased electricity that year proportionately based on their…