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December 2014


SWRE to Pay Patronage Capital The SWRE Board of Trustees has approved $300,000 in patronage capital payments to members of the coopera- tive.


The payments are based on energy purchased during preceding years and will be paid according the amount of kilowatt hours of electricity used during the specific years that are being retired. The checks will be mailed in Decem-


ber. Capital credit payments this year will


be based on usage in 1975 and part of 2013.


This combination method of retiring capital credits will mean that most SWRE members will receive a check in Decem- ber; however, no check will be issued for any amount less than $5.


Patronage capital is one of the unique benefits of cooperative membership. Municipal power systems and private investment utilities do not pay bonuses to customers.


What is Patronage Capital? SWRE is a cooperative, so each


member-owner has a share in money that is left over after all operating costs are paid. This money is called margin. A member’s share of the margin is called capital credit or patronage capital, and is determined by how much electric- ity was purchased. The more purchased, the bigger the share.


Members are allocated their share of


margins each year. That share is later refunded when SWRE is financially able. Between the time a member is notified and the time that he or she is paid, that money is used to maintain the electric system – to make sure that service is the best and rates are as low as possible. Any questions about patronage capital can be directed to Aaron Paxton at 1-800-256-7973.


What’s Cookin’ in the SWRE Kitchen... Sweet Potato Classic This sweet potato recipe, without marshmallows, is a great side dish for holidays or everyday meals!


5 sweet potatoes 1/4 teaspoon salt 1/4 cup butter 2 eggs


1 teaspoon vanilla extract 1/2 teaspoon ground cinnamon 1/2 cup white sugar 2 tablespoons heavy cream


Topping


1/4 cup butter, softened 3 tablespoons all-purpose flour 3/4 cup packed light brown sugar 1/2 cup chopped pecans


1. Preheat oven to 350 degrees. Lightly grease a 9x13-inch baking dish. 2. Bake sweet potatoes 35 minutes in the preheated oven, or until they begin to soften. Cool slightly, peel and mash.


3. In a large bowl, mix the mashed sweet potatoes, salt, 1/4 cup butter, eggs, vanilla extract, cinnamon, sugar, and heavy cream. Transfer to the prepared baking dish. 4. In a medium bowl, combine 1/4 cup butter, flour, brown sugar, and chopped pecans. Mix with a pastry blender or your fingers to the consistency of course meal. Sprinkle over the sweet potato mixture.


5. Bake 30 minutes in the preheated oven, until topping is crisp and lightly browned.


Have a favorite recipe that you would like to share with fellow-SWRE members? Mail it to: SWRE News, P.O. Box 310, Tipton, OK 73570.


Joe Wynn, SWRE News editor Board of T


Dan White, Pres................. District 7


Don Ellis, Vice Pres. ...........District 1 D


Dan Lambert......................District 2 o n Proctor , Se c................Distric t 3


Ray Walker .........................District 4 Dan Elsener ........................District 5


Ronnie Swan ......................District 6 Carl Brockriede ..................District 8 Jimm y Holland,....... ...........Distric t 9


Association P.O. Box 310 700 North Broadway


Tipton, OK 73570-0310 1-800-256-7973


is published monthly for distribution to members of Southwest Rural Electric Association.


Emergency Service


Payment Sites


Payments can be made at SWRE


700 North Br Tipton, OK 73570


Online payments can be made at www.swre.com


OR use the SWRE app


Payments may also be made at the following area banking institutions:


Oklahoma


Altus – First National Bank, National Bank of Commerce


Blair – Peoples State Bank Frederick – BancFirst, First National Bank Snyder – Bank of the Wichitas


Texas


Chillicothe - First National Bank Crowell – State Bank Electra – Waggoner National Bank Vernon – Herring Bank, Waggoner Bank, Bank of the West


NOTE: When paying at a bank site, allow 7-10 days prior to the bill due date.


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