Hendricks Power continues to grow and look for new ways to meet the needs of our membership and communities through reliability, community relations and innovative programs. Here are some highlights from 2023 that demonstrate these efforts…We connected more than 1,100 new services last year, and purchased land in two areas for future substation development. Reliability remains a top priority for us as we continued with our pole replacement program, tree trimming cycles and equipment upgrades. 
Our joint venture with Endeavor Communications expanded to bring broadband internet around North Salem and Ladoga. Since the partnership's inception, more than 4,000 members have been connected to broadband. 
We had a rate update in 2023 that decreased the on-peak window and more closely reflects Hendricks Power's cost to purchase power. Remember - the time you use energy matters as much as how much you use! Our energy advisors completed more than 100 energy audits to help members increase their homes' efficiency and we implemented consumer analytics through SmartHub that can identify your home’s largest energy user, provide bill projections, and offer personalized tips on how to save energy. 
Hendricks Power enhanced our network security and cyber defense, along with employee training. We want you to know that we take the privacy of your information very seriously. 
Last year, the cooperative retired $3 million in capital credits to members. We continued to support several local non-profit organizations through volunteerism, sponsorships, charitable giving and Operation Round Up. We sponsored two high school seniors to participate in Youth Tour to Washington, D.C., five campers to attend Camp Kilowatt, and awarded six Commitment to Community Scholarships to local high school seniors. Hendricks Power also hosted its annual Co-op Community Day, benefitting Webberland Baseball Field and West Bridge Community Church in 2023.
The C&B Graham solar array was completed. It is the largest cooperative-developed solar array in Indiana. Plans are ongoing to develop member-owner participation options. Hendricks Power also added a Ford Lightning to our fleet –check it out at our annual meeting this year! 

The Board of Directors approved a revised district map effective in 2024. This change was needed to ensure members maintain fair and equal representation due to increased growth in portions of our service territory. You will see more about this in the coming months. 

"I am proud that our employees work hard every day in the field, in the office and in the community to provide valuable services for our members. We are committed to keeping your satisfaction a top priority." – Hendricks Power Cooperative CEO Greg Ternet.