Wednesday May 27th, 2020 12:40PM

Jackson EMC customers to see refunds soon

By AccessWDUN Staff

Approximately 239,000 Jackson EMC members will receive a check in the mail this month. Both current members and former members will receive their share of a total $12 million in margin refunds in December.

“As owners of a not-for-profit cooperative, Jackson EMC members are eligible to receive a portion of the funds left over at the end of the year after all the cooperative’s expenses are paid. That money is called margin refunds, and your board is proud to be able to return it to you,” said Board Chairman Otis P. Jones.

Margins are refunded for a combination of years so both longtime and newer members, as well as former members, benefit from belonging to an electric cooperative. This year, margin refunds will go to those who received electric service from Jackson EMC in 1991, 1992 and/or 2018. The sum of each member’s refund check is calculated according to the amount each member paid for electric service during those years.

After this December’s refund, Jackson EMC will have refunded $147 million in margin refunds to our member-owners since our cooperative was founded in 1938.

Jackson Electric Membership Corporation, the largest electric cooperative in Georgia and one of the largest in the nation, is headquartered 50 miles northeast of Atlanta in Jefferson, Ga. The cooperative serves more than 234,000 meters on 14,000 miles of energized wire. For more information, visit jacksonemc.com.

© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Jackson EMC customers to see refunds soon
​Approximately 239,000 Jackson EMC members will receive a check in the mail this month.
5:35PM ( 1 hour ago )
Northside Hospital announces plan to establish surgery center in Hall County
Northside Hospital has announced plans to its open its first surgery facility in Hall County.
4:00PM ( 3 hours ago )
Three arrested in Hall County massage parlor sting
After receiving some anonymous tips, undercover agents with the Hall County Multi-Agency Narcotics Squad sent undercover officers into two local massage parlors and arrested three women for illegal activity.
3:03PM ( 4 hours ago )
Local/State News
Jackson EMC employee receives life-saving award
Jackson Electric Membership Corporation system control coordinator Greg Mathis received a life-saving award from Georgia EMC during the state association’s annual meeting in Savannah this month.
By AccessWDUN Staff
8:00PM ( 2 weeks ago )
Jackson EMC, Sawnee EMC to share in $1.4B in USDA monies for electric infrastructure improvements
Jackson EMC and Sawnee EMC are getting a combined $419 million as part of a federal program in 21 states aimed at building and improving rural electric infrastructure.
By AccessWDUN Staff
5:00AM ( 3 weeks ago )
Jackson EMC Foundation awards $60K to agencies serving Hall County
The Jackson EMC Foundation board of directors awarded $119,889 in grants during its August meeting, including $59,889 to organizations serving Hall County.
By AccessWDUN Staff
10:00AM ( 2 months ago )
Jackson EMC releases contractors to assist with potential outages in North Carolina
With Hurricane Dorian approaching coastal North Carolina, Jackson EMC has released 84 contractors to help with the anticipated power restoration efforts in the area.
By AccessWDUN Staff
12:08PM ( 2 months ago )
Jackson EMC urges people to cut back on electricity while temperatures soar
The warm temperatures and climbing heat index has people turning down their thermostats, which caused a record-breaking demand in electricity Tuesday.
5:50PM ( 3 months ago )