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SSEMC Awards $15,000 in Grants to Newton County Teachers

Snapping Shoals Electric Management Company (SSEMC) recently awarded $15,000 in grants to Newton County School System (NCSS) teachers through the co-op’s Bright Ideas program. The grants, wh…

From the archive. This report was published on this domain by the community newspaper that ran here before City Home. We keep it online because the record is worth keeping; prices, dates and contacts in it are historical.

Snapping Shoals Electric Management Company (SSEMC) recently awarded $15,000 in grants to Newton County School System (NCSS) teachers through the co-op’s Bright Ideas program. The grants, which are allocated from unclaimed capital credit funds, are designed to help teachers who wish to extend educational opportunities and activities for students by developing student interests and abilities.

Before congratulating all of the grant winners, SSEMC Vice President of Engineering Services Todd Mooney explained how these grant funds are made available through the company.

“We are able to provide these grants through unclaimed capital credits,” said Mooney. “SSEMC is a non-profit and these funds are accumulated through the dollars we have left over after our operating costs are paid for. We give these back to our members as capital credits every year. There are a lot of members who move off our system and although we try our best to reach out to everyone, sometimes we don’t have forwarding addresses. When that happens, we have unclaimed dollars that accumulate. We are fortunate enough to be able to hold onto these dollars now because prior to 2005 we were required to turn those funds over to the state and they could use them however they wanted to.”

According to Mooney, SSEMC uses the funds to give back to the local community in various ways, such as the Bright Ideas grants for local teachers. Snapping Shoals also supports economic development, education, and other local non-profit agencies.

“We look forward to what we can continue to do in the future with these dollars,” Mooney added. “Teachers hold a very special place in my heart and I’m excited to be involved in this program. I can’t wait to see what you accomplish with these grants.”

“There were a lot of wonderful ideas submitted this year and each of one of the grants selected for funding will benefit our students,” said Dr. Kathy Garber, Newton County School System Grant Coordinator.

This year’s grant recipients include:

SSEMC is a consumer-owned electric cooperative providing electric service to approximately 95,000 homes and businesses in an eight-county area. Most of the utility’s service area is in Newton, Rockdale and Henry counties. Portions of DeKalb, Butts, Walton, Morgan and Jasper counties are also included. The company’s headquarters is on Brown Bridge Road in Newton County.

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