For nearly ten years, York Electric has been able to keep rates flat for members. We’ve worked hard to invest wisely in the future of your cooperative, maintaining financial stability so that outside factors don’t impact your monthly rates. We consider this success a joint effort because you’ve also played an integral role in keeping power affordable with programs like Beat The Peak.
Since we started Beat The Peak in 2018, South Carolina cooperative members have collectively helped their co-ops save $618,195 in power costs. This effort not only helps reduce the need to build additional power generation facilities, but also helps maintain low rates. When electricity’s demand is the highest, or when the most people are using the most power, generation of electricity costs more. Think about driving your car. Putting your car in motion from a stoplight or going uphill requires more power from your engine, which uses more gas. Helping your co-op offset the predicted peak times is like coasting downhill, increasing your miles per gallon and saving your co-op money. Just by simply receiving an alert when YEC predicts a peak in demand to occur and offsetting your power use by adjusting your thermostat or waiting to do household chores really makes a difference.
Choose When You Use Electricity
To date, York Electric has 6,535 members signed up for Beat The Peak alerts, resulting in an overall savings of $105,325 just for our co-op. The more members who are consciously shifting their electric use, the more impact we can have on keeping power costs low. Similarly, we have 292 members participating in our new smart thermostat program. As an addition to the Beat The Peak program, members who sign up and install an ecobee smart thermostat will automatically have their thermostat adjusted to accommodate for predicted peak energy use times. The best part is, we automatically pre-cool your house in the summer and pre-warm your house in the winter so that you don’t feel any discomfort.
With the help of technology, we’re looking out for you and keeping your bottom line a priority. Sign up for peak alerts at BeatthePeak.com and purchase a smart thermostat from YEC here. Together, we can be the winning team. Thanks for being the most valuable players and holding down power costs.
President and Chief Executive Officer
York Electric Cooperative cancels Annual Meeting
As the COVID-19 pandemic continues, the York Electric Cooperative Board of Directors and management team has decided to cancel the 2020 Annual Meeting of Members. Please save the date for our 2021 Annual Meeting on Saturday, May 8.
To continue prioritizing the health and safety of our members and employees, York Electric Cooperative also will not host the following community events:
- Member Appreciation Shred Day
- Member Advisory Committee Meeting
Additionally, we will modify our annual Veterans Day Celebration on Tuesday, Nov. 11, 2020. Look for details regarding this event in the November/December edition of South Carolina Living magazine.