Cloverland Electric Buys Out Edison Sault

A large group of homes and businesses in the U.P. has a new power company tonight.

Cloverland Electric Cooperative has completed its buyout of Edison Sault Electric.

Wisconsin Energy Corporation owned Edison Sault until now.

That means all Edison Sault customers are now member-owners of Cloverland.

All employees of Edison Sault are now employees of Cloverland as well.

The change affects about 42,000 homes and business in Chippewa, Mackinac, Luce, Schoolcraft and Delta Counties.

Last year, Cloverland disbursed about a million dollars in capital credit refunds to members.