Rate increase

Posted on Mar 28 2017 in Clark County REMC

We recently announced a rate increase that will be put into effect with billing in May 2017. The rates residential members pay for electric service will increase by approximately 3.28 percent for 1,000 kWh’s.

You may recall in May 2016 that your REMC conducted a cost of service study. This study helped us to identify the costs associated with maintaining the quality, reliability and integrity of the services we provide. While virtually all aspects of today’s cost of living continue to rise, Clark County REMC prides itself on avoiding routine price adjustments. We believe that reliable electric service at a reasonable price is something our members should be able to count on.

Even with our continuing efforts to prevent a change in your electric rates, it is necessary for us to implement a minimal rate increase. This distribution, or retail, rate increase takes into account all the cost pressures the REMC has experienced in its operations since the last cost of service study was performed in 2008. Distribution rate changes refer to changes affecting the revenues needed by the REMC for the costs associated with delivering service to you.

Clark County REMC works hard to keep your electricity safe, reliable, and affordable. We want to do everything we can to minimize the effects of this increase on you and your family. The graph on this page represents an estimated bill for April (today’s rates) and May (new rates). If you would like a personal review of how the new rate will affect your family, please call our office and we would be happy to help.