Cobb EMC reduces rates - Most members to see $1 monthly savings in 2014
by MDJ staff
January 07, 2014 11:00 AM | 2208 views | 3 3 comments | 7 7 recommendations | email to a friend | print
Cobb EMC today announced a rate reduction for standard residential and small commercial rates, that went into effect Jan. 1. The cooperative’s board of directors also approved resetting its Wholesale Power Adjustment to zero, a $1 increase in the monthly service charge, but decreased energy charges by 3 mills, resulting in an overall savings to most members. On average, the typical Cobb EMC residential member will save roughly $1 each month on electric service with these changes.

“While other utilities are looking to raise rates, Cobb EMC’s looking for ways to lower them,” said Cobb EMC board chairman David Tennant. “We’re dedicated to controlling costs and making real changes that save our members money.”

This marks the third rate reduction for Cobb EMC within the past year. Rates were lowered in January and July of 2013. Prior to the January 2014 decrease, the last Georgia Public Service Commission survey ranked the cooperative sixth out of the state’s 41 EMCs, in terms of total cost at the 1000 kWh usage level.

More information about Cobb EMC’s rates and service are available at cobbemc.com.

About Cobb EMC

Cobb Electric Membership Corp., a nonprofit electric cooperative, safely delivers reliable electricity to more than 175,000 residential and commercial members in Cobb, Bartow, Cherokee, Fulton, and Paulding counties. Cobb EMC’s distribution system consists of 9,101 miles of line over 1,414 square miles. With more than 195,000 meters served, Cobb EMC is one of the largest of Georgia's 41 EMCs and among the largest of the nation's 900 EMCs.
 
Comments
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Cobb EMC Member
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January 24, 2014
Pathetic joke of a rate reduction - get serious board and adjust the operating salaries of the Cobb EMC - the dollars and cents just don't add up.
Luek
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January 07, 2014
Isn't this like a spouse that got caught cheating trying to make nice, nice with the significant other? Wasn't there something about a lawsuit EMC recently lost that concerned cheating their customers out of return on profits that should have been paid out years ago?
LibinCobb
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January 07, 2014
$1 per month, I will be calling our accountant to let him know about this windfall.
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