Tipmont’s board of directors held its regular board meeting via teleconference on Tuesday, May 26. All directors were present.

Also attending were CEO Ron Holcomb and Attorney Jeff Helmerick. The year-to-date electric margin was $775,016.92. The cooperative currently has an equity rate of 36.43%, and 190 new services have been installed this year. The next regular meeting of the board is Tuesday, June 23.