1. (a) A member-regulated cooperative shall make available to its members:

   1. (1) Rate schedules, tariffs, and terms and conditions of service;

   2. (2) Financial and statistical information regarding:

      1. (i) Operating revenues;
      2. (ii) Revenues per rate class;
      3. (iii) Number of members per rate class; and
      4. (iv) Number of meters per rate class;
   3. (3) Data and information concerning load management, energy conservation, and other similar programs;
   4. (4) Information concerning ongoing consumer education programs; and
   5. (5) Information concerning the member-regulated cooperative's performance, including income statements, balance sheets, and reliability data.

2. (b) A member-regulated cooperative may not adopt a new rate or increase or decrease its rates or charges for the services it provides unless the member-regulated cooperative provides to its members:

   1. (1) Notice of the proposed rates;
   2. (2) The opportunity to comment on the proposed rates; and
   3. (3) The opportunity to observe the portion of the meeting in which the board of directors votes on the proposed rates.

Added by Acts 2020, c. 606, § 2, eff. May 8, 2020.