News

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. 

Land for Rent – OEC Accepting Sealed Bids

Katie Jagiello

OEC ACCEPTING SEALED BIDS

Oconto Electric Cooperative (OEC) has two crop land parcels totaling approximately 30 tillable acres, available for rent beginning Spring 2023.

Parcel Locations: Section 24, T28N, R19 E.  USDA map shows 6.26 acres and 23.42 acres are located along Chestnut Rd, in Oconto Falls.

Bidding requirements: Bids must be submitted for a 5-year agreement (2023, 2024, 2025, 2026, 2027).  Each year’s rent is due no later than March 1st of that year.  Sealed bids may be mailed to Attention: Byron Nolde, CEO, or dropped off at OEC, 7479 REA Rd, PO Box 168, Oconto Falls, WI  54154.

Deadline: 4:00 p.m. Friday, January 27th, 2023.  OEC reserves the right to refuse any and all bids.

Notice of Unclaimed Capital Credit Money

Katie Jagiello

The following members or former members of Oconto Electric Cooperative, 7479 REA Road, Oconto Falls, WI 54154, have unclaimed capital credit money at the cooperative. If this money is not claimed by January 31, 2023, the money shall be forfeited to the Oconto Electric Education Fund and will be used for scholarships or other charitable purposes as designated be the cooperative board of directors. To claim this money, call Oconto Electric Cooperative at 800-472-8410 during regular business hours. The co-op will require some form of identity verification. 

Click here to view names and addresses.