Moon Lake approves $1 million refund

It looks as though the “cooperative difference” is alive and well at Moon Lake Electric. One of the important differences between cooperatives and investor-owned utilities is ownership in the company. Because Moon Lake Electric is member-owned, excess margins earned by the cooperative are paid back to the members in the form of patronage capital.
Grant J. Earl, general manager/CEO of Moon Lake, stated, “We are very happy to report that the board of directors has…