Since 1936, Hendricks Power Cooperative has been more than just an energy provider; we are a member-owned, not-for-profit cooperative built by the community, for the community. While the technology we use has evolved over the decades, our mission remains the same: to provide energy and services to support our communities.
As a cooperative, we operate differently from other utilities. We don’t have distant shareholders demanding profits. Instead, we are owned by you—the members who use our services.
Local Governance
We are guided by a Board of Directors composed of nine member-owners elected by the membership. These neighbors represent your interests and ensure the cooperative remains financially stable and community-focused.
Your Equity: Capital Credits
Because we are not-for-profit, any "margins" (revenue left after expenses) are allocated back to our members. This is known as Capital Credits. When you pay your bill, you aren't just buying power—you are investing in the infrastructure of your own cooperative.
"Concern for Community" isn't just a principle; it's our practice. We believe that a strong cooperative leads to a stronger community.
We are committed to balancing reliability with innovation. From our POWER MOVES® energy efficiency incentives to our commitment to renewable energy transitions, we are working to ensure that our grid is as sustainable as it is dependable.
90
Years Serving Rural Indiana
2857
Miles of line
40441
Members
Have a question or need help with a project? Our team is ready to provide the professional guidance and support you need to keep you moving forward.