Effective this month, Spoon River Electric Cooperative raised the facilities charge on monthly bills from $15 to $18. This cost is the same for every member, and is a fair way of spreading the rising cost of providing power among all members.
The facilities charge is a flat rate that helps us pay for power and maintenance on lines and equipment. Even when members use little or no power, we still incur costs to keep it ready for them should they decide to flip the switch. Our facilities charge is still among the lowest of all cooperatives state-wide.
We are also conducting a cost of service study, which takes a comprehensive look at how much it costs us to provide power to our membership. We have to be prepared to meet the capacity of all members, but some have energy needs that are steady and others have needs that vary depending on several factors. As we look at the future of rates for our cooperative, we want to make sure we are fairly passing on our cost to provide power.
With climate change legislation still under discussion, it’s a precarious time for the electric industry. If the government mandates we pay more in energy taxes, we will have to pass that cost on to members. That is troubling at a time when many can’t afford to pay more. Please stay engaged in the climate change debate and let your legislators know how you feel.
If you have any questions about the new facilities charge, please call (309) 647-2700.

 

 

Canton Weather Forecast, IL