Rural Electric Administration (REA) was set up as a federal agency that provided LOANS to rural electric co-ops. The co-ops got loans at below bank rates but at higher rates than municipal electrics (tax free municipal bonds).
Most southern Indiana REMCs and one or two Illinois RECs own Hoosier Energy, which is a generating co-op owning several power plants. This helps to control costs since they are not buying electricity from somebody who has to add in a profit margin.
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Today's Featured Article - The Perfect Restoration - by Chris Pratt. Often, in quiet moments, I have wandered back in my thouhts to the many tractors I have seen over the years and wondered which one inspired me the most. Sure, we have a fond attachment to one brand and model or another, sometimes it was remembering that first time we got to climb up in the drivers seat and command that roaring beast, or maybe because when you see that special model, you can't help but see Dad on it, he's gone, but everytime you see a tractor like his, it's a like part of him i
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