As a not-for-profit cooperative, CIPCO was formed by our Member-owners in order to provide them with wholesale power and services in a safe, reliable, and cost-effective manner. Our revenues are primarily derived from the sale of power to CIPCO Member-owners under long-term wholesale power contracts. Power is provided to members at rates determined by CIPCO’s board of directors and are designed to recover all costs and to provide margins sufficient to meet our financial goals. CIPCO’s strategy for managing our financial strength and power supply portfolio has achieved balance and diversity while maintaining superior reliably and price stability, all while minimizing risk.