From the Manager - Greg Jones
Rate Changes
The board and management conducted a cost of service study to determine revenue requirements to maintain the financial stability necessary for growth and escalating inflationary costs. Examples of the increases in costs for essential materials used in our daily operations are shown in the Material Cost Comparison schedule. The schedule compares the 1988 costs to the current costs. The study indicated a need to increase the Cooperative’s current rates.
CCECA has deferred a rate increase for eighteen years and the rate increase we are now
implementing is relatively small on an individual basis. However, as a whole it will
ensure that your Cooperative can continue to provide reliable electric service. The new
rates will be effective January 1, 2007 and will be reflected on the bill you receive at
the first of February 2007. A residential member using 1,000 kWh a month will see an
increase of about $7.00 per month above their 2006 monthly bill.
As always, any revenue above expenses will be returned to our members in the form of
capital credits. Cherokee County Electric Cooperative will continue to keep our costs as
low as possible and strive to improve the electric service provided to our members.
View the Rate Change Summary HERE
View the Material Cost Comparison HERE
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