Webster Electric Cooperative Rate increase Effective April 2018
The board members and staff at Webster Electric Cooperative were proud to avoid a rate increase in 2017. Unfortunately, between wholesale power rate increases, and the continual need for grid maintenance and enhancements, we simply aren’t able to avoid a small increase to our availability fee this year, and another in early 2019.
Beginning with the April 2018 use/billing cycle Webster Electric Cooperatives average invoice will see a 3.8% increase. Our current average household electric bill of $104.00 will increase to $108.00. Commercial and lighting loads will also see a 3.5% increase on the April billing cycle.
We want our members to know this is a decision that no one – employee or board member - takes lightly. Webster Electric currently provides some of the lowest residential rates in Missouri. According to the Energy Information Administration, an average residence pays 11.5 cents/kWh. Even in April, after our slight increase, members of Webster Electric will pay 8.3 cents kWh which is 38.5% below the state average.
Being a non-profit organization, we are not able to absorb much in the way of cost increases. Please be assured that both your board of directors and the staff of Webster Electric are doing everything we can to ensure rate increases only occur when there is no other option. We are committed to delivering you safe and reliable service each and every day of the year. Your cooperative also offers energy cost savings programs to its members such as home energy audits and rebates for energy efficiency equipment upgrades.
We thank our members for their continued patronage and urge them to contact our offices with any questions they may have about this, or future, increases.
Posted on Thu, February 1, 2018
by Gus Wagner