To help members with winter electric bills, the Board of Directors of Blue Ridge Electric Membership Corporation recently approved a temporary rate reduction for all members on February bills. The typical member using 1,000 kilowatt hours of electricity monthly will see a $9 reduction. Overall, this reduction will save members of Blue Ridge Electric more than $1 million.
The reduction is possible due to lower than expected wholesale power costs and higher than expected electricity sales as a result of colder than normal weather in recent months. The reduction comes during a month that reflects higher usage--and therefore bill costs--due to winter heating, lighting and other factors. Members will receive a $9 reduction for every 1,000 kilowatt hours of electricity used.
- Written by Steve Frank
- Category: News