WELCOME TO HENDRICKS POWER COOPERATIVE

WHO WE ARE

As an electric cooperative, Hendricks Power is part of the nation's largest energy network which includes 1,000 electric cooperatives, public power districts, power supply generation and transmission cooperatives, statewide associations, regional trade and service associations, supply and manufacturing cooperatives, data processing cooperatives and employee credit unions. Electric cooperatives alone serve 32 million customers in 46 states and cover more land mass than any of the nation's single electric utilities. Electric Cooperatives are also governed by a set of Bylaws. Hendricks Power Cooperative serves more than 35,000 members throughout western central Indiana. 

OUR HISTORY

Hendricks Power Cooperative celebrated its 87th anniversary in 2023. Formed in 1936, following the creation of Franklin D. Roosevelt's Rural Electrification Administration (REA), Hendricks Power Cooperative started with a small meeting of 12 people, farmers and rural residents, unable to convince the local utility, which was owned by investors, to build lines to serve them. They claimed it simply wasn't profitable to provide service to such sparsely-populated areas. 

The formal construction of these rural electric lines began in the summer of 1937. On January 1, 1938, the first 122 miles of line were energized. Approximately 400 members received power to their homes and farms for the first time. The name Hendricks County Rural Electric Membership Corporation (REMC) was adopted, as the cooperative slowly grew. 

BOARD OF DIRECTORS

Our Board of Directors guides the business affairs of the organization by approving policies which govern the activities of employees and board. They also participate in long-term strategic planning and review of annual goals as developed by CEO. The Board approves our annual budget to cover the operations of the corporation. Members also serve on committees as assigned by board president to provide input to CEO and functional staff on specific areas of the corporation. The Board also monitors the performance of the organization by reviewing regular reports from the CEO covering administrative, financial operating, and marketing functions. They also Review the performance of the CEO and determine CEO’s compensation. 

Board Elections are conducted every year, where three to four areas of our service area are eligible for elections. In 2024, areas 7, 8, 9, and 10 are eligible. Area 7 includes Washington Township in Hendricks County. Area 8 Franklin Township and Liberty Township, Hendricks County, and all territory served in Morgan County. Area 9 includes Eel River Township and Union Township in Hendricks County and all territory in Montgomery County. Area 10 includes all territory served in Putnam County. 

ANNUAL MEETING & VOTING

Each year, members have the opportunity to petition to represent their respective area on the Hendricks Power Board of Directors. To ensure all members have the chance to vote, Hendricks Power will be offering online and day-of voting for our board of directors election. Election results will be announced at the business meeting. 

2022 Annual Report

2023 Meeting Minutes