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Southern Illinois Power Cooperative and Clay Electric Cooperative Inc. Forge New Relationship

Clay Electric Cooperative Inc. has agreed to become members of Southern Illinois Power Cooperative (SIPC) Marion, IL for their long-term power supply needs. SIPC Board of Directors voted to offer membership on October 25th and the Clay Board accepted the offer on the evening of December 11th. Clay Electric is located in Flora, Illinois.

SIPC and Clay Electric will complete the required membership documents in the coming weeks with membership scheduled to begin January 1, 2010. Clay will continue to be served by their current power-supply contract from Ameren Energy Marketing until December 31, 2009.

“SIPC welcomes Clay Electric Cooperative to become part of a growing and stable G&T organization in Southern Illinois,” said SIPC President & General Manager W. Scott Ramsey. “Clearly, we will both benefit as fellow cooperatives in keeping electric power reliable and economical to the members
we serve.”

“Clay is pleased to become a member of SIPC which operates with the same cooperative principles as Clay. The long term relationship will help Clay with the increasing fluctuation in its wholesale power supply cost resulting in lesser rate increases for Clay's members,” said John E. Meng General Manager of Clay Electric.

Clay Electric Cooperative Inc. serves approximately 3,200 members in 7 southeastern Illinois counties with 11 employees. The service territory borders a current SIPC member Tri County Electric Cooperative in south-central Illinois.

Clay Electric has nearly 1000 miles of energized lines with a peak load of approximately 12 megawatts. The electric load is mostly residential and agricultural.

The new membership comes on the heals of SIPC's new generation expansion as joint-owner in the new Prairie State Generation Campus in Washington County, Illinois.

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