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MEMBER POLICY #22 BOWHEADS ELECTRIC COOPERATIVE, INC. MEMBERED GENERATING FACILITIES It shall be the policy of Bowheads Electric Cooperative, Inc. to interconnect with, purchase electricity from,
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How to fill out member owned generation:

01
Determine your eligibility: Before filling out the member owned generation form, make sure you meet the criteria for being a member. This may include being a customer of a specific organization or meeting certain residency requirements.
02
Gather necessary information: Collect all the required information needed to fill out the member owned generation form. This may include personal details such as name, address, contact information, and identification documents.
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Read and understand the instructions: Carefully read through the instructions provided with the member owned generation form. Understand the terms and conditions associated with owning a share in the generation facility.
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Fill out the form accurately: Take your time to accurately complete each section of the member owned generation form. Double-check your entries to avoid any mistakes or omissions.
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Provide supporting documents: If there are any supporting documents required, such as proof of membership or payment receipts, make sure to include them along with the filled-out form.
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Review and submit the form: Before submitting the form, review all the information mentioned. Ensure that everything is filled out correctly and all provided documents are attached as required.

Who needs member owned generation:

01
Individuals interested in sustainable energy: Member owned generation can be beneficial for individuals who are enthusiastic about renewable or green energy sources. By investing in member owned generation, they contribute to the generation of clean energy.
02
Customers of specific organizations: Some organizations, such as cooperatives or utility companies, offer member owned generation opportunities exclusively to their customers. These customers may need member owned generation to take advantage of the benefits and incentives provided by these organizations.
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Community members looking for financial returns: Member owned generation can provide financial returns in the form of dividends or credits. Individuals looking to invest their money and receive a return on investment may find member owned generation as a viable option.
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Those wanting local energy independence: Member owned generation allows individuals to have a stake in local energy production, which provides a level of energy independence. This is especially attractive to those who value community involvement and prefer not to rely solely on traditional energy sources.
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Member owned generation refers to the generation of energy by members of an organization or cooperative.
Members of an organization or cooperative who generate their own energy are required to file member owned generation.
To fill out member owned generation, members need to report their energy generation details and submit the necessary forms to the organization or cooperative.
The purpose of member owned generation is to track and document the energy generation activities of members within an organization or cooperative.
Members must report details such as energy generation source, amount generated, and any related financial transactions.
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