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Dividends

At Access Energy Cooperative, every member is an owner of the business. Unlike other electric utilities, your co-op exists to make sure your needs are met, not to make a profit. As a member-owner, you share in the margins earned in the form of dividend checks.

We work hard every day to keep your rates as low as possible. But it’s nice to know that when there are margins earned, they go back to you!

Access Energy Cooperative offers special payment options of patronage dividends to estates and former members. If the dividend account is in the name of someone who has passed away or no longer receives electric service from Access Energy Cooperative, please submit the information below, or notify our office.

Treasure Hunt

List of checks issued for members we cannot find. Do you know any of them?


For any further questions, call our finance department at 319-385-1577 or 1-866-242-4232. Or you can complete the information below by selecting “Dividend Information” and send to them.

Does all the Revenue Earned by Access Energy Cooperative go back to the Members as Dividends?

Access Energy is organized as a cooperative, owned by its members. As a cooperative, Access Energy does not earn profits. Instead, any revenues and other income over and above the cost of doing business during a given year are considered “margins”.

A percentage of these margins is “allocated” to each member’s dividend account for those members of the cooperative who bought power from us during the year. Patronage dividends are not the same as cash or stock. 

Access Energy is a member of a power supply cooperative, Northeast Missouri Electric Power Cooperative (Northeast Power), which in turn allocates their margins to their members. All patronage dividends allocated to Access Energy from Northeast Power are also allocated to our members.

How Much was Allocated this Year?

At the April 2022 board meeting, your board of directors approved an allocation of $2,276,942. This amount included $1,412,990 that was allocated to us by Northeast Power. These allocations are added to each members patronage dividend account and notice is provided to each member receiving an allocation.

Do I have a Dividend Account?

If you are a member of the cooperative, you have a dividend account. You are notified each year an allocation is made to your account. If you are a former member, you also have a dividend account until it has been paid in full.

Why don't I get my Dividend as soon as it is Allocated?

Patronage dividends are held by the cooperative in your dividend account as capital contributions until paid back to the members in the form of patronage divided checks.

Patronage dividends are used for a variety of operating and capital costs and are typically repaid to members of record for the year in which they were earned. This membership capital allows us to conduct our daily business and to help reduce the cost of borrowing and hold down rates.

How do I get the Money from my Dividend Account?

The board of directors considers a retirement of patronage dividends annually. When a patronage dividend retirement is authorized by the board, both the dollar amount and year(s) to which the refund relates are specified.

In 2022, your board of directors approved a retirement of $1,224,133. This amount included a portion from Northeast Power.

If you were a member of the cooperative during 2000, 2001, 2002, 2007 and/or 2021, you will receive a dividend retirement payment. Checks will be distributed at the annual meeting of members on August 2, 2022. Checks not picked up at the meeting will be mailed out after the meeting.

If a member becomes deceased or no longer receives electric service from Access Energy Cooperative, patronage dividends can be refunded on a discounted basis upon completion of the proper paperwork.

Your board of directors has also approved that for future dividends, members can request to receive their dividend check as a bill credit on their account instead of a check that is normally handed out at the annual meeting of members. Please contact us at 1-866-242-4232 or 319-385-1577 to request this change; or you can submit the form below to send us an email.

Please use the form below to email us questions or comments. Please understand that it could take up to a couple of days for us to respond. Thank you.
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Dedicated to exceeding member's expectations for safe, reliable, efficient service while being a good citizen in our communities.

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1800 West Washington Street 

P.O. Box 440

Mount Pleasant, IA 52641

To REPORT AN OUTAGE CALL

319-385-1577 | 866-242-4232

Access Energy Cooperative is an equal opportunity provider, employer and lender. To file a complaint of discrimination write USDA, Office of Civil Rights, 1400 Independence Avenue, SW, Washington, DC 20250-9410 or call 800-795-3275 (voice) or 202-720-6382 (TDD).

©2023 Access Energy Cooperative. Safe, reliable, efficient service and a good citizen in our communities.

  • Home
  • My Cooperative
    • About AEC
      • About Us
      • Our Staff
      • Board of Directors
        • How to Run for the Board of Directors
          • Nomination Process Begins for 2021 Board Election
      • Monthly Magazine
      • Service Area
      • Annual Meeting
        • Election of Directors
      • Cooperative Principles
      • Where Does Your Power Come From?
      • History of Co-ops
      • About Touchstone Energy
      • Employment Opportunities
    • Policies
      • Articles of Incorporation
      • By-Laws
      • E-Business Privacy Policy
      • Identity Theft Protection
      • Privacy Policy
      • Rights and Remedies
      • Statement of Nondiscrimination
    • Member Info
      • Dividends
        • Treasure Hunt
      • What does it mean to be a member?
  • Your Account
    • Payment Options
      • Bank Draft
      • Budget Billing
      • Credit/Debit Card Payments
      • Payment Drop Box
    • Billing
      • Your Meter
      • Questions About Your Bill
      • Understanding Your Bill
    • IA Energy Assist Program (LIHEAP)
    • Moving/Address Changes
    • Rates
    • Dividends
  • Residential & Business
    • Residential
      • Residential Rebates
      • Rates
      • Products Available
      • Financing
      • Energy Audits
      • Energy Saving Ideas
    • Business
      • Business Rebates
      • Rates - Commercial & Industrial
      • Power Quality
      • Services
        • Business Energy Audits
        • Thermal Imaging
        • Questline
        • Business Energy Advisor
        • BizConnections
        • Energy Saving Ideas
  • Safety
    • General
      • Blinking Lights
      • Restoring Power
      • Safety Tips
      • Maintenance Programs
      • Safety Equipment
      • Safety Quiz
      • Frequently Asked Questions
    • Safety Policies and Procedures
      • Grain Bin Clearance
      • Tree Trimming
      • Call Before You Dig!
  • Community
    • Legislation
      • Current Legislative Issues
      • National Legislative Issues
      • Contact Your Legislators
    • Economic Development
      • Economic Development Partners
      • Revolving Loan Fund
    • News
      • Coop News
  • Co-op Programs
    • Programs for Youth
      • Access Energy Cooperative Scholarship Program
      • Summer Work and Internships
      • Youth Tour Contest
      • Kids Zone
    • Tools For Schools
      • Teachers Zone
      • Get Charged!
      • Safety Demonstrations
    • General
      • Photo Contest
      • RECare
      • Co-op Connections
      • Together We Save
      • Lineworker Scholarship Application
    • International Assistance
  • Going Green
    • General
      • A Balanced Fuel Mix Promotes Power Reliability
      • Electric Vehicles
      • Energy Saving Ideas
      • Programs to Help You Save Energy
      • Access to Green Energy Program
      • Environmental Partners
      • Rebates and Low Interest Loans
      • Solar Energy Generation
    • Wind Energy Info
      • Questions to Ask Vendors
      • Small Wind Systems
      • Tariff Requirements
      • Ten Steps to Wind Systems
      • Wind FAQs
  • Outage Center