Rates & Service Charges
The Bottom Line on Electric Rates
While it is impossible to provide an example of the current and new rates for every bill, the Rate Schedules link shows an example of costs for several levels of kWh use for the Single-phase General Service rate class using both summer and winter rate schedules.
As costs rise, your cooperative must adjust rates in order to finance necessary construction, repairs and replacements for your distribution system so you will continue to receive the excellent service reliability you expect and deserve. Your cooperative employs a dedicated, well-trained and well equipped group of people who work hard to deliver exceptional value for your energy dollars. As a not-for-profit cooperative business, our goal is to provide excellent electric service “at cost” to members — not profits for stockholders.
Your trustees and all of your employees understand that finances are especially difficult for many of our members in these hard economic times, and we are controlling and reducing costs where we can. But we cannot put off system repairs, right-of-way maintenance or the replacement of equipment. Cutting or postponing in these areas is a false saving, which will cost much more in the long run.
This rate adjustment, while not welcome, is necessary so your cooperative can continue to provide safe, reliable electric service to the members.
For more information on rate adjustments, please click here to read an excellent article by Buckeye Power CEO Tony Ahern taken from the March 2012 issue of Country Living magazine.