Author: Katie Jagiello

August WEC News Local Pages

Katie Jagiello

Do  you  have  capital  credits  to  claim?

Once a year, Oconto Electric publishes the names of members, past and present, who have outstanding capital credit checks. Maybe these checks were misplaced or lost in the mail, but for whatever reason they were not cashed. Now these checks are outdated and cannot be cashed. Names shown are from checks originally issued in 2019 and 2022. We have included the outstanding 2019 capital credit checks because any of these checks that are not reissued this year will be transferred into our educational fund and used for youth scholarships. This is the last opportunity for people to claim this money.

If you find your name listed on the link below please contact OEC at 1-800-472-8410. If you know someone on this list, please have them contact us.

Click here to view pages.

OEC Did Not Receive a $12.9 Million Grant

Katie Jagiello

Despite what some local news outlets reported on January 30th, OEC did not receive a $12.9 million grant to improve and expand rural electric infrastructure and smart grid technology. The real fact is that OEC received a loan for that amount from Rural Utilities Service (RUS), a division of the USDA. We did not receive any “free” money, as the word grant implies.  

Oconto Electric has utilized low-interest loans through RUS for many years. Loan funds are used to complete ongoing work on our system. RUS is one of three loan sources that OEC uses, always seeking the best interest rates to keep costs as low as possible for our members. 

Lastly, OEC will not be getting into broadband as one news article implied. 

For additional questions concerning this announcement, please contact the office to speak with the CEO Byron Nolde, 920-846-2816.