Annual Meeting POSTPONED
Grand Electric's Annual Meeting to be held on Friday, October 9, 2020.
When the new year rang in for 2020, we didn’t anticipate the additional measures we would be taking to ensure the safety of our members, directors and employees due to COVID-19. This includes postponing the Grand Electric annual meeting that was scheduled for Friday, June 5, 2020.
With the Governor of South Dakota advising to avoid public gatherings over ten people in an enclosed area, the Board of Directors and staff have determined it would be in the best interest for members and employees to postpone the annual meeting until later in the year. The new tentative date for the Grand Electric annual meeting has been set for Friday, October 9, 2020.
Even though COVID-19 has delayed the annual meeting, that does not mean there will be a delay in your capital credits! While we didn’t expect this, we want you to know we are here for you. This pandemic brought additional financial burden to many of our members; and because of this hardship, the Grand Electric Board of Directors approved retiring more capital credits than in previous years to help alleviate some of the strain. Grand Electric is retiring $750,000 back to you – our members – in capital credits. In fact, if you haven’t already received your capital credits return, you will soon! All capital credit checks over $150 have been mailed, and for those under $150, a credit will be applied to your electric bill.
The directors and employees of Grand Electric hope you are staying healthy and safe during this unforeseen time. We look forward to seeing you on Friday, October, 9, 2020, at Grand Electric’s annual meeting.
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