Rate adjustment coming

Slight rate adjustment set for next month

Paulding Putnam Electric Cooperative is a not-for-profit, member-owned cooperative, and we strive every day to hold down costs while still providing the reliable, quality service you expect.

We recently conducted a cost-of-service study and found we need to implement a slight rate adjustment of around $3 per residential member starting next month.

How does the rate adjustment impact you?

Residential members will see their basic monthly service charge increase from $29.50 to $32.95. However, your energy charges will go down. This will result in a $3 per month increase on your overall bill.

Commercial and industrial rates will also be adjusted slightly. Your monthly bill will vary depending on your demand charge. As such, some commercial accounts will see a slight decrease, while others will see a slight increase. For a list of rates and changes, please visit our website at www.PPEC.coop.

PPEC hasn’t had a rate increase in over four years, and we still don’t take this rate adjustment lightly. We have done everything possible to minimize its impact on you, our member-owners. However, to continue providing reliable and high-quality service, we must implement this revision, which will take place next month.

As your cooperative, we are committed to minimizing the impact of increasing power costs on your household. Contact us to learn how to save more energy throughout your home and to learn about our energy-efficiency rebates.

If you have additional questions, please give us a call at 1-800-686-2357. You can also visit our website for further details at www.PPEC.coop.