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Member Notice: Rate Adjustment 2026
April 17, 2026
MEMBER NOTICE: RATE ADJUSTMENT BEGINS MAY 1, 2026
Electric cooperatives like Stearns Electric Association are not-for-profit, meaning we work toward a zero-based budget by the end of each year. However, projections for 2026-2030 indicate that Stearns Electric needs an increase in revenue to continue providing our members with the reliable electricity you depend on. The new rates were determined after a recent Cost-of-Service study, conducted for Stearns Electric Association by an independent consulting firm.
In March 2026, the Stearns Electric Board of Directors approved a Cooperative overall revenue increase of 3.3 percent effective May 1, 2026. Additionally, Stearns Electric will move to an annual rate adjustment approach beginning in 2026.
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How to Ruin an Attacker’s Day? With MFA!
October 13, 2026
Easy for you is easy for an attacker, too.
October is cybersecurity awareness month. To help you stay safe, consider implementing… -
News
Member Survey Notice – October 2026
October 12, 2026
Stearns Electric Association and NRECA Market Research will perform a Member Satisfaction Survey this October.
The week of October 12, 2026,…
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News
Working to Keep Your Power Reliable and Affordable
October 5, 2026
The cost of electricity is on a lot of minds these days, and we understand why. You count on us…