Coast Electric News

Coast Electric announces more than $6.2 million in capital credits for members

Coast Electric Power Association President and CEO Ron Barnes announced at the cooperative’s 2022 Annual Meeting that the cooperative will retire $6,229,069 in capital credits to its members, which is the largest retirement in company history. Checks are scheduled to be mailed to eligible current and former members in December. By the end of 2022, …

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Sharing Success in our Community

In partnership with CoBank, a national cooperative bank that serves utilities in rural America, Coast Electric Power Association and its high-speed internet subsidiary, CoastConnect, have issued grants to local non-profit organizations through CoBank’s Sharing Success program. The program helps cooperatives nationwide give back to charities in their local communities, which is an important focus for …

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Paul D. Guichet Appointed to Coast Electric Board of Directors

Paul D. Guichet of Diamondhead, Miss., was recently appointed to the Coast Electric Power Association Board of Directors. Guichet will serve as one of three representatives for Coast Electric members in Hancock County. The board is comprised of three representatives for each county Coast Electric serves – Hancock, Harrison and Pearl River. Guichet was appointed …

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CoastConnect receives grant from federal communications commission for expansion of high-speed fiber internet system

CoastConnect has been awarded a $7.86 million grant from the Federal Communications Commission (FCC) to expand its high-speed fiber internet system. The grant will be awarded over a 10-year period, for an annual total of $786,567.99. Funds will be used to expand CoastConnect’s system to areas the FCC has designated as unserved or underserved in …

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