Welcome to Salem Electric.
Salem Electric is committed to supporting the community with programs and services to serve our members.
Read the most recent news articles and upcoming events.
Who we are, how we operate, and our commitment to cooperative principles.
Progress was made with the City of Keizer toward renewing Salem Electric’s franchise agreement.
Unclaimed capital credits, totaling approximately $327,000 as of December 7, were scheduled to be forfeited to the cooperative. The credits became payable in 2019 from the years 2003 and 2004, and despite notice of availability were unclaimed.
The Board approved the proposed 2024 budget as presented.
Staff presented the proposed 2024 budget which will be voted on at the November board meeting.
The Board of Directors authorized payment of capital credit refunds totaling $2,250,701.
Salem Electric's 2023 Youth Tour Delegate Carter Parent provided an overview of his trip to Washington, D.C.
The Board approved Salem Electric's Wildfire Mitigation Plan and welcomed new board member John Taylor.
The 2022 audit report was accepted as presented. The auditors issued a clean, unmodified opinion; the best opinion that an entity can earn.
Directors reported on the 2023 National Rural Electric Cooperative Association (NRECA) PowerXchange conference and annual meeting.
Adjustments to the 2023 budget were approved as presented.
Unclaimed capital credits, totaling over $302,000 as of December 6, were scheduled to be forfeited to the cooperative. The credits became payable in 2018 from the years 2002 and 2003, and despite notice of availability were unclaimed.