Financial Statistics

Purchased power is the cost that WRVEC pays for the power sold to our membership. We purchase our power from KAMO Power and Sho-Me Power. Approximately 85% of our purchases are from KAMO and 15% from Sho-Me. Purchased power is the cooperatives largest expense.

Operations host a variety of different aspects that keep your cooperative operating. Labor, material, fleet, metering and system technologies are the largest portion of this expense.

Maintenance expenses are items such as storm restoration, right of way clearing, and routine system maintenance.

Customer expenses include the labor and overhead of providing quality customer service to WRVEC members. Items such as monthly billing, mailings to members, credit card fees, and computer software are included in this category.

Administration and General are all the internal costs of operating a business. Expenses such as paper supplies and forms, board governance and administration, external auditors, and attorneys fall within this category.

Depreciation is a non-cash category that allows the cooperative to spread the cost to capital improvements over their appropriate estimated useful lives.

Taxes are the amount of money spent each year on personal and real estate property. The cooperative has over 5,000 miles of line we pay taxes on each year. We also pay personal property taxes on our entire fleet. WRVEC pays each county in which our assets are located: Taney, Stone, Douglas, Ozark and Christian.

Interest is the cost of borrowing long-term debt which is borrowed to improve and strengthen our system. This, in turn, provides current members with reliability and opportunity for new members.