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The Co-op continues to rely on a diversified mix of energy sources, including solar, wind, landfill gas, coal, nuclear and natural gas to provide reliable power to more than 112,000 homes and businesses. Through investments in renewable energy and various efficiency programs, the co-op has reduced its carbon footprint by 46 percent since 2005. [4]
Blue Ridge Electric Co-op; Broad River Electric Co-op; Central Electric Power Cooperative, Inc. Coastal Electric Co-op; Duke Energy; Edisto Electric Co-op; Fairfield Electric Co-op; Horry Electric Co-op; Laurens Electric Co-op; Little River Electric Co-op; Lynches River Electric Co-op; Mid-Carolina Electric Co-op; Newberry Electric Co-op ...
Chesapeake Utilities Corporation was incorporated in Delaware in 1947. Chesapeake Utilities Corporation is a diversified energy company engaged, directly or through operating divisions and subsidiaries, in regulated and unregulated energy businesses.
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A utility cooperative is a type of cooperative that is tasked with the delivery of a public utility such as electricity, water or telecommunications to its members. Profits are either reinvested for infrastructure or distributed to members in the form of "patronage" or "capital credits", which are dividends paid on a member's investment in the cooperative.
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Cooperative corporations are formed to provide some mutual benefit for their members, and because of this, the Congress of the United States beginning in 1951 has allowed them a deduction from their income for "patronage dividends."
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