Annual Report & Financial Information

BEMC is owned by the members we serve.

Each September, our members receive an Annual Report in preparation for our Annual Meeting.

In it, our CEO/General Manager discusses the state of the co-op, and we report our financial position, the accomplishments of the past year, and future agendas.

Click here for the 990 Financial Overview, accessed through the SmartHub member portal.

Click here for the most recent full Annual Report for the year ending 2020, and  click here  for the financial data only for the year ending 2020.

Report Highlights:
  • Reliability percentage of 99.99%
  • Financial practices earned us an A+ rating
  • Contributions to our grants and other community programs totaled over $221,765
  • Our member satisfaction ratings averaged 9.17 out of 10
  • We facilitated nearly $1.5 million in low-interest weatherization loans to our members
  • Our superior safety procedures earned us the highest possible safety rating