- The last rate increase was in 2016. Since then, inflation and rising costs in the electric industry have put pressure on the cooperative's operations.
- Major drivers of this change include:
- Inflation Pressure impacting overall costs.
- Increased industry costs such as materials and equipment.
- Investments in electric infrastructure to improve reliability
- A third-party consultant, The Prime Group, conducted a Cost of Service Study to ensure the rate adjustment is fair and necessary.
