Electric Price Changes

Meriwether Lewis Electric Cooperative members will see changes on their December statement. In comparison to last month, the overall impact is a 6.48 percent ($9.21) increase for residential members using 1200 kilowatt-hours of energy.

The largest contributors are the Tennessee Valley Authority fuel cost adjustment and a switch from the lower transition month price (October-November) to the higher winter rate (December-March). Additionally, MLEC implemented changes include the basic service fee (how the cooperative covers fixed costs such as maintaining substations, equipment, materials, right...