Cotton Electric Co-op
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Supporting Area Schools

Cotton Electric Cooperative is very active in area schools. Each year, Cotton Electric participates in a variety of educational projects that involve our area youth. These projects include:

  • Youth Tour essay contest
  • Electrical Safety poster contest
  • YouthPower Energy Camp
  • Electrical Safety Classes

Cotton Electric also supports our area schools through a gross receipts tax on revenue that goes directly to our school districts. Since education plays such an important role in today's society, it is important that each school has the necessary supplies, materials and equipment to ensure the best education possible. Cotton Electric Cooperative is proud to support the local school systems throughout the eight-county service territory, which includes a total of 30 schools. This overall support of all area schools is adamantly encouraged by the Cooperative's Board of Directors, management and staff.

A two percent gross receipts tax on revenue at both the wholesale and retail level is levied upon your electric cooperative in lieu of ad valorem tax. Ninety-five percent of the gross receipts tax is then apportioned by the Oklahoma Tax Commission directly back to school districts in local cooperative service areas. The other five percent of the total tax paid goes to the state of Oklahoma's general revenue fund.

The amount paid to each school is based upon the number of miles of power lines that Cotton Electric Cooperative and Western Farmers Electric Cooperative have in each school district.

Investor-owned utilities pay ad valorem taxes instead of a gross receipts tax. Only 58% of this tax goes to school districts within which they own property. The Municipal Electric Systems of Oklahoma contribute no tax money to public schools.


Related Links
Member Services
Youth Tour
Youth Power Energy Camp
Blue Canyon Wind Farm
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©2002 Cotton Electric Cooperative, Inc.
226 North Broadway
Walters, OK 73572
(580) 875-3351      1-800-522-3520
Fax: (580) 875-3101
info@cottonelectric.com

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