Operation Round Up


What is Operation Round Up?

Why did Middle Tennessee Electric decide to do this?

How does it affect my bill?

Does the bill round up even if the cents amount is less than 50?

Do I have a choice in participating?

What if I decide later that I would rather not participate?

Why do I have to choose not to participate?why is this not voluntary from the start?

What if I participate in Project Help?

How much money does this raise?

Who decides how the money is used, and which causes will benefit?

What types of "worthy causes" will these funds assist?

How does one learn about applying for these funds?

Are Operation Round Up contributions tax deductible?

 

What is Operation Round Up?

Members' monthly bills are rounded up to the next highest dollar. The amount rounded up is used to assist worthy causes in communities MTEMC serves. Operation Round Up began in November of 2003.

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Why did Middle Tennessee Electric decide to do this?

The cooperative's member-elected Board of Directors made the decision for Operation Round Up to begin in November of 2003. As Board Chairman Gordon Bone has put it, "It fits perfectly with the principles of our cooperative - to pool a small amount of our individual resources to make a big difference for the community as a whole. While your individual contributions will only add up to an average of 50 cents a month, when it is added along with mine and thousands of other MTEMC members, it will be a sum that will allow a real impact to be made in our communities."

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How does it affect my bill?

Member bills are rounded up to the next whole dollar amount. For example, if a member's electric bill is $49.25, it rounds up to $50.00. The extra 75 cents is set aside for worthy causes. This shows up as a separate item on your electric bill.

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Does the bill round up even if the cents amount is less than 50?

Yes. A $49.01 bill and a $49.99 both round up to $50.00. Your average round up amount will be about 50 cents per month, and a total of $6 a year.

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Do I have a choice in participating?

Yes. If you do not wish to participate, click here for information about how to exclude yourself. But the cooperative's member-elected Board of Directors encourages you to participate, at least for a few months, and monitor the difference it will make in your community.

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What if I decide later that I would rather not participate?

You can choose to exclude yourself at any time, and you can have your contributions refunded up to 12 months retroactively. In other words, you can wait a year to see what you think about the program, and then if you think it unworthy, you could have all your money credited back to you.

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Why do I have to choose not to participate?why is this not voluntary from the start?

The member-elected Board of Directors chose to make participation in Operation Round Up part of membership in the cooperative. It is voluntary in the sense that a member can choose to be excluded from participation. Philosophically, however, it is simply part of being a member of MTEMC.

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What if I participate in Project Help?

Generous members who participate in Project Help donate $1 a month for the specific purpose of helping the truly needy pay their electric bills. Operation Round Up funds are intended to help community organizations and families in extreme situations, such as those victimized by natural disasters. A significant need will remain in helping the needy pay their electric bills, so MTEMC's Board is hopeful that those participating in Project Help will continue their participation, and of course, also participate in Operation Round Up.

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How much money does this raise?

Approximately $50,000 per month.

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Who decides how the money is used, and which causes will benefit?

Middle Tennessee Electric Customers Care, Inc., will make those decisions.

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What types of "worthy causes" will these funds assist?

Click here for recent and past examples of donations. Funds have been used for things such as fire fighting equipment for volunteer fire departments; life-saving equipment for ambulance or rescue squads; hospice programs; youth programs; food shelves; clothing, shelter and medical services following an accident or storm. Donations are not limited to these categories; however, these funds may not be used for political purposes.

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How does one learn about applying for these funds?

Click here for an application form.

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Are Operation Round Up contributions tax deductible?

Yes.

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