How does the cost of electricity add up?
Since the costs associated with generating electricity - coal, natural gas and fuel oil - are also energy sources themselves, their rising prices are making cooperative electricity a better value than ever.
Why does this matter to me?
Coal transportation issues have significantly impacted the ability to produce energy with coal. With a shortage of coal, natural gas must be utilized to produce electricity. Natural gas prices are much higher than coal prices.
Is there anything that can be done about the temporarily high fuel adder charge by my local Co-op?
Unfortunately, no. As a not-for-profit organization, you can rest assured your local electric cooperative will never make a profit off of our members' added burden. By law a fuel adder must go directly toward covering the added costs. Nothing more, nothing less.
Is this just a problem in Arkansas?
While our state often benefits from a low cost of living, energy prices are rising nationwide. For some natural gas and propane users, their energy bill will increase at a higher rate. For members like you, your electric cooperative has a proven record of managing costs to keep rates as low as possible. That commitment to you will never change.
What can I do to keep unnecessary costs from attracting to my monthly bill?
Contact your electric cooperative for energy-saving tips on keeping your electric costs down. It takes working together to make the best use of resources. As your friendly, local cooperative, we do every thing in our power to provide safe, reliable electricity and service to you.
Energy-Saving Tip
When it¹s 50°F outside and you turn the thermostat from 70°F to 65°F you reduce your energy costs by 25%. Recommended winter thermostat settings are 68°F during the day and 55°F at night.
ELECTRIC COOPERATIVES OF ARKANSAS
1 Cooperative Way
Little Rock, AR 72209
501-570-2200
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