The Board voted to forfeit unclaimed capital credits totaling nearly $292,000 to the co-op. 

The board approved the 2021 budget.

The board reviewed proposed bylaw changes recommended by legal counsel that will be voted on by the membership in the 2021 election.

The board authorized revolvement of capital credits totaling $2,112,653. 

Joe Van Meter was appointed as the National Rural Electric Cooperative Association voting delegate to represent Salem Electric at their Region 9 meeting.

The Board approved a donation from the board donation fund for the Northwest RiverPartner’s hydropower campaign to promote the benefits of clean renewable hydropower.

Board meetings will continue to be held virtually through August.

The 2019 audit report was accepted as presented. Salem Electric received a clean, unmodified opinion. 

The Board voted to provide a letter in support of protecting the lower Snake River Dams.  The Columbia River System Operations Draft Environmental Impact Statement concluded that breaching the four lower Snake River dams would have an adverse impact on electric cooperative consumers, the reliability of the Northwest power grid, and the environment. 

The Board voted to allow net-metered photovoltaic systems installed before October 1, 2019 to remain on an annual true up through April 1, 2040, with some limitations.

Staff presented the 2019 year-end report.

The Board voted to forfeit unclaimed capital credits to the co-op, totaling approximately $255,000.