Redistricting, the process of adjusting boundaries of our six representation zones, has been a critical task for our board of directors since the February 2023 addition of 2,000 North Branch members.
ECE is committed to providing you with reliable electricity while maintaining the financial stability necessary to support our mission. To this end, we have recently conducted a comprehensive cost-of-service study to ensure that we continue to meet these commitments in the face of evolving challenges.
As a result of this study, we will soon be implementing a rate adjustment. This rate change is not a decision we make lightly, and it is an important step to ensuring the future success of your electric cooperative. Several key factors have necessitated this adjustment:
Rising cost of equipment
The infrastructure and equipment required to deliver electricity to your homes and businesses have become increasingly expensive to maintain and upgrade. Ensuring the reliability and safety of our service is paramount, and these costs have risen significantly.
See a detailed breakdown of cost increases here.
Remaining competitive in an evolving industry
Our cooperative operates in an industry that is constantly evolving. To continue providing you with the high-quality service you expect, we must remain competitive and attract top talent. This requires investments in our workforce and the technologies that will shape the future of electricity delivery.
Passage of time since our last adjustment
ECE’s residential members have not seen a rate adjustment since 2018, and commercial accounts were last adjusted in 2019. In the years since then, inflation and the cost of doing business have continued to rise. This current adjustment is an essential step in keeping pace with these economic changes.
Ensuring financial stability
Maintaining a strong financial foundation is vital to our ability to serve you reliably, both now and in the future. A rate adjustment is crucial to sustaining a healthy margin and equity position, which directly benefits our members when we secure low-interest capital to reinvest in our infrastructure.
We understand that any adjustment in rates can be concerning. Still, we remain steadfast in our dedication to serving you, our valued members, to the best of our abilities. We will continue to explore cost-saving measures and innovative solutions to ensure you receive the exceptional service you deserve.
As details are finalized by the board of directors, we will provide more information regarding the rate adjustment, including the specific changes and how they may affect your electric bills. We are committed to keeping you informed every step of the way, and we welcome any questions or concerns you may have.
Your trust in us is what drives our co-op forward, and we want to ensure that you have a clear understanding of the challenges and decisions we face together. Your support and understanding are greatly appreciated, and we look forward to working collaboratively to secure a bright and sustainable future for ECE!
At your service we remain,
For those of you who participate in our off-peak programs, our Energy Services Electricians are in the process of replacing around 13,000 load control devices on member homes. Current load management technology is becoming obsolete. Learn more.
As fall turns to winter, Safety Administrator Pete Leibel shares a few important tips to consider when spending time outdoors this hunting season.
Keep a safe distance from power lines to help prevent accidental contact, especially if you’re carrying tall equipment like tree stands. Set your stand away from electrical equipment.
If you own wooded property, avoid attaching stands or signs to power poles. It is illegal and can damage our lineworkers’ protective gear—putting their lives at risk.
Pete stresses, “Safety should always be your top priority. Even the biggest game is never worth electrical injury or even death.” And remember, if you see something suspicious or concerning near ECE infrastructure, stay back and call us at 1-800-254-7944.
Available in any amount, an energy gift certificate from ECE is a perfect choice for anyone with an ECE bill who could use a happy surprise! Simply download the certificate order below, then mail to ECE with a check or money order. Have the certificate of any amount sent to you or directly to the recipient. You can even send it anonymously. The gift of energy may be just what a friend or family member needs right now!