Update on broadband internet efforts, May 2021
Dealing with slow internet speeds is frustrating. We understand, and we’re doing all we can behind the scenes to see if we can help with a solution.
We are exploring, collaborating and examining how Noble REMC can assist in getting high-speed broadband internet to our members.
But it’s a decision that doesn’t happen simply or quickly. The logistics of the situation are vast – from the financial commitment of tens of millions of dollars, to the myriad of options for broadband deployment, to the impact on our current services. This is all being discussed while focusing on our accountability to you, our members, who own the cooperative.
We understand that the length of time between updates may make it seem like our efforts are on the backburner, but it’s quite the opposite.
Please be assured we will share information with you as decisions are made.
Check for unclaimed patronage capital, March 2021
Patronage capital refunds are one of the benefits of being a cooperative member. Built by the community we serve, we share our excess revenue back with our members, which sets us apart from investor-owned and municipal electric companies operated by towns or cities.
When Noble REMC is in a financial position to do so – as it has been for more than 25 years – our members receive a refund check in early December, representing the prorated amount between the actual cost of service and the margin for a given year. This cash back to our members totals nearly $10 million since the mid-1990s, a sign of the cooperative’s financial strength and stability.
Noble REMC is proud to support our communities by putting money back into the local economy, as well as the pockets of those we serve.
Click here for the list of current or former members' names who have a patronage check due to them.