The Cooperative Difference
Supporting an electric cooperative means supporting a local business, powered by locals just like you. And in the case of Wise Electric, this includes over 75 years of working in the community and understanding the community’s needs. As members of the community ourselves, we put the needs of the community first and our members before that. This includes recognizing the value of our members and giving them a voice in business decisions.
Members of a cooperative can rest assured that their interests are a priority. Cooperatives are not driven by profits, so our first and foremost goal is providing safe, reliable and affordable electricity for our members. We work hard to facilitate a better quality of life for our members and strive to embody the seven principles of a cooperative. Learn more about them at the link below.
Unlike a corporation, Wise Electric operates with members in mind. Every year, the Board of Directors votes on how to distribute Wise Electric’s margins — what other companies might call profits — based on the needs of the cooperative. This comes in the form of Capital Credits, which are paid out to you, our members.
Over the years, we’ve paid out over $17 million in Capital Credits to our members. When it comes time to pay a credit, we pay them on a first in, first out basis. Individual credits are determined by the amount of power purchased during a certain time period.
Thanks to our partnership with Touchstone Energy Cooperative, all of our members participate in the Co-op Connections Program free of charge. The Co-op Connections Card gives members great discounts from businesses in the community. The card also includes discounts for up to 60% off prescriptions at over 48,000 participating national and regional pharmacies. Those are some big savings.
Members can browse the Co-op Connections website for the latest featured deals in our service area and for more information about the Healthy Savings prescription discount program. Business owners can also tap into exclusive deals for B2B services. Browse discounts and learn more below.
Texas Coop Power Magazine
Every member of Wise Electric gets a free subscription to the award-winning Texas Coop Power Magazine. Each issue covers the best of Texas culture, from recipes to travel destinations and more. You’ll also find updates from Wise Electric about services, events and the community. The monthly Member Market is your chance to browse goods and services available from other members of the Wise community.
Texas Coop Power also hosts an online community for browsing recent issues, reading regional news and discovering delicious food with a Texan flare. But don’t take our word for it, take a look for yourself:
Reliable electricity isn’t the only thing we provide for our members. Members have access to the following additional services through Wise Electric:
Exede Satellite Internet – Satellite internet is ideal for rural properties outside existing networks. Choose from three plan options for everything from light browsing to streaming movies and uploading files.
Rheem Marathon® Water Heaters – Marathon water heaters are the longest lasting and most energy efficient heaters on the market. Six-month interest free financing is available to members in good standing with the cooperative.
Storage Buildings – Storage facilities located behind the Wise Electric office in Bowie are available for rental by cooperative members.
For rates and more information about individual services, please contact us.