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Op-Ed: Electric Co-ops & Lord Snow...

Op-Ed: Electric Co-ops & Lord Snow Fight Member Refunds

By: Sarah Ulmer - January 16, 2019

Are electric power associations overcharging their members? Tis the question asked in a war waged in court between several Mississippi electric cooperatives and their members. The members keep winning but the electric power associations keep appealing.

According to the Jackson Jambalaya, Ms. Butler alleged Coast EPA had $158,181,000 in accumulated  capital. She claims this patronage capital was equivalent to 45% of assets, thus $53 million, the capital alleged to be over the 30% threshold,  should be returned to Coast EPA members.

Similar lawsuits that asked for alleged excess revenue be returned to members were filed against other cooperatives in various chancery courts in Mississippi as well.* The plaintiffs asked the courts to refund $308 million to  187,250 member-owners.  The estimated average return per member sought is $1,650.  The plaintiff charged the EPA’s with several counts of unjust enrichment, conversion, fraudulent concealment, negligence, and breach of fiduciary duty.

Jackson Jambalaya



About the Author(s)
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Sarah Ulmer

Sarah is a Mississippi native, born and raised in Madison. She is a graduate of Mississippi State University, where she studied Communications, with an emphasis in Broadcasting and Journalism. Sarah’s experience spans multiple mediums, including extensive videography with both at home and overseas, broadcasting daily news, and hosting a live radio show. In 2017, Sarah became a member of the Capitol Press Corp in Mississippi and has faithfully covered the decisions being made by leaders on some of the most important issues facing our state. Email Sarah: