Here is a simple pdf for identifying what each line on your monthly MJM bill means:
Anyone who pays a $5 membership fee, pays a meter deposit and receives electrical service from MJM Electric is a member of the cooperative. Each member owns a little piece of the cooperative. Since MJM is a not-for-profit company, members don’t make money off its services but do have a say in how the cooperative operates.
All members are invited to attend the cooperative’s annual meeting. The state of the cooperative will be discussed at this meeting, and members can directly affect the operation of the cooperative by voting for directors on a one-member-one-vote basis.
No, MJM is a distribution cooperative. It constructs and maintains the power lines and substations necessary to deliver power to their rural members but does not generate that power. MJM purchases its power wholesale from Wabash Valley Power Alliance in Indianapolis, Ind. Wabash Valley is a generation and transmission cooperative and transmits electricity to 26 cooperatives like MJM across Illinois, Indiana, Ohio, and Missouri.