Electric Cooperatives are assessed a State Gross Receipts Tax based on the amount of energy sold in their territory. This tax is basically a sales tax on natural resources and energy consumed in Oklahoma. All Oklahoma utilities are taxed in one form or another. The unique advantage of being served by an electric cooperative is that the taxes we pay (gross receipts tax) directly benefit the local school district in which the tax is assessed. Over $485,000 was contributed to schools within the IEC territory during 2005 through the gross receipts tax.

The miles of line and percentage of total system within each school district determines the amount each district receives. The table below itemizes gross receipts taxes paid into school districts based on both Indian Electric Distribution lines and KAMO's (IEC's wholesale power provider, owned jointly with other cooperatives) transmission lines.