Reliability requires equality

Posted on May 28 2019 in LaGrange County REMC

Providing quality service at a fair price is your cooperative’s vision. 

LaGrange County REMC’s leadership team and board of directors work hard to provide reliable electric service while maintaining an affordable price.

We’re continuously planning for the cooperative’s future, whether it’s looking at short-range, one-year goals or strategic planning that will impact the co-op a decade from now, if not beyond. We’re always looking for ways to improve our distribution system to provide greater system reliability for you, our member.

As our management team and board review the short- and long-term plans, financial forecasts are developed. After careful consideration, our board of directors adopts rates and charges to meet the needs of the members and the cooperative. It is a very thorough process, and rest assured, we want to provide you with the best energy value in our area.

In October, this will mean a new rate design for LaGrange County REMC members.

These changes will make the cost of service more equitable between the different rate classes of members – whether residential, agricultural or commercial – and will better manage costs that are incurred whether or not any electricity is used.

The cost to provide reliable electricity includes more than just its distribution over our lines. It means the management of billing and accounting; depreciation of the system; insurance; maintenance of poles, wires and meters; clearing of rights-of-way; interest expenses and much more. And all of this plays a part in providing the excellent service to which you’ve become accustomed.

For our residential members, this new rate design will mean a transition to a flat rate for your kilowatt-hour use, rather than the current higher rate for the first 100 kWh. It will also mean a slightly higher service charge. But when combined, this design should result in little difference to the overall amount of your bill each month. 

Our small commercial members will see our new design’s effect in their capacity charge, which will be based on kilowatt use rather than kilowatt-hours.

Over the next few months, we will provide more information and details on the new design and how it will affect you, our members, so that you are prepared and knowledgeable when you receive that first newly designed bill in November. Look for it right here in your monthly Indiana Connection, as well as on our website.

LaGrange County REMC’s ultimate goal is to provide you with affordable and reliable electricity, and as those two components go hand-in-hand, each affecting the other, we will continue to strive to balance them to your benefit.