Iowa’s rural electric cooperatives commitment goes far beyond ensuring safe, reliable, affordable, and environmentally responsible energy. They actively create strategic partnerships and provide technical and financial assistance to support business growth and community vitality. Annually, the Iowa Area Development Group (IADG) presents Impact Awards to utility partners who have been involved in significant economic development initiatives. During the recent Pella Cooperative Electric Association Board Meeting, the Cooperative was recognized for its economic development accomplishments and commitment to the communities it serves.
Pella Cooperative Electric Association (PCEA) was presented with an IADG Impact Award for community development. In addition to providing electric power, PCEA is an active partner in delivering financial and technical assistance to support growth. A notable project to demonstrate their support was providing assistance from their Revolving Loan Fund to assist the start-up company 818 Forward with Faith in realizing their vision of building homes where adults with disabilities can lead lives of dignity as their specialized physical, emotional and social needs are met. 812 Faith Place for men opened in 2019, and they are now working toward opening a new home for women. Other companies receiving support from PCEA include Sully Community Locker, Pella Regional Health Center, and Co-Line Welding.
“We commend Pella Cooperative Electric Association for being an active supporter of business and community development in the territory they serve,” said IADG President Rand Fisher. “They provide essential financial and technical assistance that many times is a critical component in successfully securing projects that create jobs and support community vitality.”