To further empower communities that we serve, Shenandoah Valley Electric Cooperative (SVEC) has launched Operation Round Up, a voluntary program for member-owners that helps address crucial needs within our service territory.
Nearly 30 years ago, Palmetto Electric Cooperative in South Carolina developed a simple idea: Round up members’ electric bills to the next dollar, and then use those funds to do good work close to home. SVEC is excited to join hundreds of cooperatives around the country that now participate.
By leveraging Operation Round Up (ORU) member-owner contributions with additional support from SVEC, it’s easy to envision the accumulation of a considerable fund to provide to worthy causes around the Valley.
At the most basic level, in which an ORU participant would round up the maximum amount on his or her bill each month, the maximum annual contribution to the fund is $11.88. On average, a participating member provides about $6 to the ORU fund each year.
The process is simple: For example, a bill amount of $50.51 would be rounded up to $51, with 49 cents going to the charitable program.
When a collective group of cooperative member-owners provides contributions, ORU has proven that a few dollars can have lasting impact. Volunteer fire and EMS departments, food pantries, public libraries, civic clubs, the Salvation Army, Habitat for Humanity, and youth sports organizations are among the seemingly endless list of examples of possible beneficiaries of the funds.
Organizations interested in charitable contributions from SVEC now must apply for grants through Operation Round Up. A 10-person committee of SVEC member-owners and an employee will review requests. The first round of grants were awarded in January 2018.
Operation Round Up is the perfect embodiment of the 7th Cooperative Principle of “Concern for Community,” and we invite you, as an SVEC member-owner, to consider contributing to assist our surrounding communities.
How do I sign up?
There are several ways to begin your voluntary participation:
- Through our e-business page, www.svec-online.coop, under “Account.”
- Visit any SVEC office and speak with a Member Service Representative.
- Call SVEC at 1-800-234-7832 and request a sign-up form.
- Download a registration form by clicking HERE. (Please note this is the electronic version of the November 2017 bill insert. Postage will be necessary if downloading and printing at home).
How much will it cost me?
Through participation in Operation Round Up, the average contribution per member-owner is about 50 cents a month or $6 a year. It’s small change to the individual perhaps, but the thousands of dollars the program can generate will mean a big difference to the people in our area.
Who is eligible for funds?
The funds will be available to any group, organization, charity, or like organization that serves SVEC member-owners. No funds will in any fashion be used to support any candidate for political office or for any political purpose.
Agencies receiving funds are eligible to apply again the following calendar year. Organizations not selected for a grant may apply for funding for a different project in the same calendar year.
How does my organization apply for funds?
Applications for 2018 are no longer being accepted, but please check back in the fall of 2018 to download an application for 2019. Grants will be dispersed again beginning in early 2019.
If you have any questions, email us at email@example.com or call 1-800-234-7832.