2024 tombigbee electric power association TEPA is a not-for-profit organization owned and controlled by its members. As a cooperative, TEPA operates on a set of seven principles that guide its decision-making and operations. These principles include voluntary and open membership, democratic member control, member economic participation, autonomy and independence, education, training and information, cooperation among cooperatives, and concern for community. TEPA offers a range of services to its members, including residential, commercial, and industrial electricity. The cooperative also provides energy efficiency programs and rebates to help members reduce their energy usage and save money on their electricity bills. Additionally, TEPA offers a prepayment program that allows members to pay for their electricity in advance, providing them with more flexibility and control over their energy usage. TEPA's commitment to its members and the community extends beyond electricity provision. The cooperative is actively involved in various community initiatives, including education, economic development, and emergency response. TEPA supports local schools and educational programs, provides scholarships to students, and sponsors community events. The cooperative also works closely with local businesses and industries to promote economic development and job creation. TEPA's emergency response efforts include providing backup power and emergency lighting to critical facilities, such as hospitals and emergency response centers, during natural disasters and other emergencies. The cooperative also has a mutual aid agreement with other electric cooperatives in the region, allowing it to receive assistance during large-scale outages and providing assistance to other cooperatives in need. TEPA's operations are governed by a board of directors elected by the members. The board sets the policies and strategic direction of the cooperative, and is responsible for ensuring that TEPA operates in a financially sustainable and socially responsible manner. TEPA's management team is responsible for implementing the board's policies and overseeing the day-to-day operations of the cooperative. TEPA's financial performance is strong, with stable revenue and earnings growth over the past several years. The cooperative has a solid balance sheet, with low debt levels and ample liquidity. TEPA's financial success is due in part to its focus on cost control and efficiency, as well as its commitment to providing high-quality services to its members at affordable prices.
TEPA's operations are governed by a board of directors elected by the members. The board sets the policies and strategic direction of the cooperative, and is responsible for ensuring that TEPA operates in a financially sustainable and socially responsible manner. TEPA's management team is responsible for implementing the board's policies and overseeing the day-to-day operations of the cooperative. TEPA's financial performance is strong, with stable revenue and earnings growth over the past several years. The cooperative has a solid balance sheet, with low debt levels and ample liquidity. TEPA's financial success is due in part to its focus on cost control and efficiency, as well as its commitment to providing high-quality services to its members at affordable prices. In conclusion, Tombigbee Electric Power Association is a vital community resource in northwest Alabama, providing reliable and affordable electricity to over 20,000 members. As a cooperative, TEPA is committed to its members and the community, and operates on a set of principles that prioritize democratic member control, member economic participation, and concern for community. TEPA's financial performance is strong, and the cooperative is well-positioned to continue serving its members and the community for many years to come. Tombigbee Electric Power Association (TEPA) is an electric cooperative based in Hamilton, Alabama, serving over 20,000 members in Marion, Winston, and Fayette counties. Established in 1938, TEPA's mission is to provide reliable, affordable, and safe electricity to its members while contributing to the economic development and well-being of the communities it serves. TEPA's commitment to its members and the community extends beyond electricity provision. The cooperative is actively involved in various community initiatives, including education, economic development, and emergency response. TEPA supports local schools and educational programs, provides scholarships to students, and sponsors community events. The cooperative also works closely with local businesses and industries to promote economic development and job creation. TEPA's emergency response efforts include providing backup power and emergency lighting to critical facilities, such as hospitals and emergency response centers, during natural disasters and other emergencies. The cooperative also has a mutual aid agreement with other electric cooperatives in the region, allowing it to receive assistance during large-scale outages and providing assistance to other cooperatives in need. TEPA's operations are governed by a board of directors elected by the members. The board sets the policies and strategic direction of the cooperative, and is responsible for ensuring that TEPA operates in a financially sustainable and socially responsible manner. TEPA's management team is responsible for implementing the board's policies and overseeing the day-to-day operations of the cooperative.
In conclusion, Tombigbee Electric Power Association is a vital community resource in northwest Alabama, providing reliable and affordable electricity to over 20,000 members. As a cooperative, TEPA is committed to its members and the community, and operates on a set of principles that prioritize democratic member control, member economic participation, and concern for community. TEPA's financial performance is strong, and the cooperative is well-positioned to continue serving its members and the community for many years to come.
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