Latest News

Manager Connection: $2.135 million capital credit equity approved

What did you notice on the front page of this month’s Sparks newsletter? The Steele-Waseca Cooperative Electric board of directors approved the retirement of $2.135 million in capital credit equity allocated in 1998, 1999, 2000, 2022, and estate settlements in 2023. Our average retirement, or refund, over the past five years has been $1,558,000 which […]

Steele-Waseca board appoints Schlaak District 3 director

The Steele-Waseca Cooperative Electric board of directors appointed Neil R. Schlaak District 3 director during their regular meeting, Oct. 26, at the co-op’s headquarters in Owatonna. Schlaak, of rural New Richland, was among five candidates interviewed by the Steele-Waseca board to replace former District 3 Director Duane Edwardson, who died Aug. 28, at the age […]

New record retirement of capital credit equity approved by Steele-Waseca board of directors

The Steele-Waseca Cooperative Electric board of directors, during their Oct. 26 meeting, approved the co-op’s latest record-breaking retirement of $2.135 million in capital credit equity allocated in 1998, 1999, 2000, 2022, and estate settlements for 2023. The previous record was $1.89 million retired in 2022. All current and former member-owners who received electric service from […]

Learn how to avoid common phone utility scams

According to the Federal Trade Commission (FTC), fraud complaints were received from more than 2.4 million people in 2022, showing a total loss of $8.8 billion, $2.6 billion of which were from imposter scams. Many of these scams are utility scams where scammers pretend to be representatives of utility companies and demand immediate payment to […]

When should you replace your water heater?

Courtesy: Energy Star® “Ask the Experts” The water heater is one of the most overlooked appliances in the home. Typically, an unassuming cylindrical tank tucked out of the way—usually in the basement or garage—we don’t think about it much, until we must. Suddenly, our hot showers don’t last as long. Or the water coming out […]

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