Consumers Power is attempting to locate former members of the cooperative whose capital credit checks issued in 2013 remain unclaimed. These checks are for members who received electric service from CPI in 1987.
The capital credit checks of these former members have been returned by the U.S. Post Office as “undeliverable” or have otherwise been unclaimed.
The last possible date to claim these funds is Thursday, November 1, 2018, at 5 p.m. If these checks are not claimed by this date, the funds will be forfeited and can no longer be issued.
You can search the list of accounts either by name or by address at these links.
To claim a refund or submit questions about this notice or the lists, please contact Susan Faust at (541) 929-3124, or send an email to firstname.lastname@example.org.
CPI is dedicated to keeping the cost of electricity affordable for our members. To support that mission we carry the Rheem Prestige heat pump water heaters. Members can purchase these heat pump water heaters starting at $1,099 in our Philomath office. There is also a $600 cash rebate available if certain criteria are met.
How do heat pump water heaters work?
Heat pump water heaters work like a refrigerator, but in reverse – while a refrigerator pushes heat from inside the unit out to the air around it, a heat pump water heaters pull heat from the surrounding air and transfers it to the water in the storage tank.
Is it right for you?
Heat pump water heaters are ideal for homeowners looking to…
replace an old, inefficient electric water heater
lower household energy consumption
take control of how efficiently their hot water heater operates
While the purchase price for heat pump water heaters is higher than the average standard electric unit current available rebates as well as reducing your water heating costs by up to 50%, make them an excellent value for your home.
Where can I install a heat pump water heater?
Heat pump water heaters can be installed in a variety of heated and unheated locations such as a garage, basement or utility room.
TAKE ADVANTAGE OF AN EXISTING LOCATION
Many heat pump water heaters can be installed in the same spot as current standard electric water heaters.
Take advantage of existing connections (cold water supply, hot water outlet, electrical connection, temperature/pressure relief valve, and drain).
THINGS TO CONSIDER
Space – Units tend to run a little taller and wider plus require some air flow. Sealed locations without ventilation are not ideal.
Sound – Heat pump water heaters generate sounds similar to an electric fan, this is simply the sound of energy-efficient hot water.
Cold air – While in operation, heat pump water heaters release cool, dry air into the surrounding space.
Condensation – Heat pump water heaters collect and drain condensation from the surrounding air and must be drained properly.
For more information contact our marketing department at 541-929-8520 or visit our information page here.
In December, CPI is returning almost $1.7 million in capital credits to CPI members who received electric service in 1989 and 1990.
As a nonprofit cooperative, any revenues that remain after CPI’s bills are paid and a reasonable amount is held for emergencies are returned to CPI members. How much each person gets is based on the amount of electricity they used during the period being returned. If a member’s capital credit is $10 or less for the period being returned, CPI will not issue a check.
The reason for the time lag in returning capital credits is that CPI has used your investment for a number of years to improve and maintain its electric system, reducing the need to take on debt. This helps keep electric rates lower.
Returning capital credits is not automatic. The co-op’s board of directors—member-owners themselves—review current finances and determines if issuing a refund is prudent.
The Oregon Electric Cooperative Association represents the 18 electric cooperatives serving rural areas in Oregon. Electric cooperatives are consumer-owned, not-for-profit utilities governed by member elected boards of directors. Cooperatives serve over 10 percent of Oregon’s electricity consumers, are located in 32 counties and maintain 26,000 miles of line traversing Oregon’s most rugged terrain.
For nearly 8 decades, Oregon’s rural electric cooperatives have delivered clean, renewable, reliable and affordable electricity to their members. It is a record of which they are extremely proud. Yet, each legislative session, Oregon cooperatives are subjected to mandates or other proposals that make it even more challenging to deliver the electricity you need in your daily lives – when you need it and at a price you can afford.
We are not powerless. It’s amazing how an organized group of citizens can impact the political process simply by banding together in a collective voice. Please join thousands of other Oregonian electric cooperative members who are already part of this vital program. By joining, you’ll maximize your voice and become part of a growing team of electric cooperative advocates in the state of Oregon. Together, we can make a difference.
Click the Get Involved logo below or at the top of the page to sign up.