The value of electricity continues to shine

Posted on Feb 22 2018 in Southern Indiana Power

Steve Seibert

How many of us remember dropping into the Southern Indiana Power office with our parents or grandparents to pay the bill? Whether you do that in person, by mail or online today, paying your monthly bill does a lot more than just keep the lights on.

Electricity keeps us connected to our modern world. Consider all the necessities and conveniences we enjoy in part because of the power lines running to the electric meter outside your home.

You use electricity to run all sorts of devices, and you still keep the lights on, use the stove, heat and air condition your homes, and get hot water from the tap. The good news is, even as we rely more on electricity, it’s still a bargain, especially compared to other items we pay for regularly.

Since 2011, medical care, residential rental rates and education have increased at rates of 3 percent or more per year. Butter, meat and egg costs have been up by more than 1 to 2 percent annually, and even bread costs have risen better than a half point on average.

Electricity costs rise about 1 percent a year, but co-ops across the country have reported a decline in average residential use per household since 2010. That means we’re doing more things with less energy.

Kilowatt-hour use per household dropped by 8 percent between 2010 and 2016, slightly less than the 9 percent decline reported by all electric utilities nationwide.

When it comes to value, electricity is a clear winner, and we’re always looking for ways to work with you to make it even better. That’s why Southern Indiana Power promotes energy efficiency and encourages you to look for ENERGY STAR® appliances designed to give you more control over your electricity use.

Smart thermostats, power strips and appliance settings that shift most water heating, laundry and dishwashing outside of peak rate periods help reduce the co-op’s overall power demand. They also give you opportunities to control or even trim your monthly utility bills.

That’s good for families and individuals trying to live within their budgets. And it’s going to become even more important to us as digital devices and internet technologies continue to advance.

Technology and the gateways that keep it working use electricity, so you’ll depend upon Southern Indiana Power for more than just the power.

That’s why we’re always working to provide service that’s reliable, and affordable for you, your family and your neighbors.