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Discover the Value of Membership

Capital CreditsLittle River is able to return capital credits to its members after the board has determined the cooperative’s finances are sound. Capital credit funds are derived from margins, money your cooperative has left over at the end of the year after the co-op has received all revenue and paid expenses.

Little River Electric is holding unclaimed capital credits for members or former members. If you received service from LRECI and your name is on the searchable database, please let us know.

News

Teen service project brings blessings

The blessings continue to abound for Emalee Mann and her community. Mann’s summer service project— Boxes and Bottles of Blessings—not only helped neighbors in need in Abbeville County, but it’s also supporting her education. The senior at Dixie High School in Due West is the winner of the 2022 R.D. Bennett Community Service Scholarship, a […]

Little River Electric Cooperative 2022 Annual Meeting

The annual business meeting of the members of Little River Electric Cooperative, Inc. was live streamed on Sept. 17 at 12:30 p.m. on the co-op’s Facebook page. The official results from the annual meeting votes are below. Quorum – 562 Registered Members – 1,123 Bylaw Votes – 1,008 “Yes” – 739 “No to reduce board […]

The financial report for year ending Dec. 31, 2021

How Your Money Was Spent Gross revenue: $29,497,478.00 • 1.00 Wholesale power: 15,519,582.00 • .53 Cost of Operations: 9,073,522.00 • .31 Depreciation: 2,042,836.00 • .07 Interest: 1,089,356.00 • .04 Operating margin: 1,772,182.00 • .06 Balance sheet Assets and other debits: Electric plant in service (net): $59,010,801 Investments in associated organizations: 4,068,748 Cash and temporary investments: […]

2021 Annual Meeting minutes

Little River Electric Cooperative, Inc. held its 2021 membership meeting at 12:30 p.m. on September 25, 2021, by real-time virtual meeting streamed on their website and Facebook page. The business session was called to order by W.F. (Bill) Davis Sr., President of the board. The invocation was given by Eric Gray, Little River employee. Anne […]