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Co-op changing bill calculations in July
 In July, York Electric Cooperative will change the way it calculates its members' bills.
The basic facility charge is increasing due to the rising cost of materials, fuel and taxes. As members know from managing their own budgets, these costs have been increasing dramatically. The same factors also affect their co-op's budget. For instance, since 2000, property taxes have almost doubled. York Electric Cooperative will pay almost $3 million in property taxes this year.
Adjusting the basic facility charge will allow the cooperative to reduce its cost per kilowatt-hour (kwh). The average residential member will see an increase in his/her monthly bill from $105.89 to $106.36.
As a not-for-profit co-op, York Electric Cooperative seeks to provide the most reliable, affordable service possible for its members.
"For 15 years, the cooperative has avoided a base rate change by managing costs and implementing cost-saving measures and strategic planning efforts. This billing change reflects a similar approach but adjusts for the factors influencing the cooperative's costs today," says Chief Executive Officer Paul Basha. "This change will help the cooperative handle its fixed costs, such as the cost of building and maintaining services to members' homes and businesses."
Cooperatives and utilities across the nation are experiencing similar increases in these costs, Basha says. The change will spread these costs more equitably among members of York Electric Cooperative's various rate classes, for both residential and commercial members. "Some members' bills will actually decrease," he says.
If you have any questions or concerns regarding the rate adjustment, call York Electric Cooperative at (803) 684-4248.
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