IEC bylaws require an annual meeting to be held each year. In 2021, IEC held its 82nd annual meeting, although it was conducted virtually due to the pandemic. The IEC annual meeting is one of the longest-held traditions in the area.

Meetings are held at the Cleveland Event Center during the summer. The employee coordinator invites vendors and schedules entertainment, from live music to comedians. A registration process enters members into drawings for several prizes, from bill credits to small appliances to the grand prize. IEC has awarded a retired fleet vehicle, UTVs and many other big prizes in the past.

The business session of the meeting includes the financial report, company outlook and allows members to vote on agenda items, including bylaw changes and seating of trustees.