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September 23, 2013CUMMING, Ga. — Sawnee Electric Membership Corporation announced the Sawnee EMC Board of Directors recently approved a reduction in the wholesale power cost adjustment (WPCA) factor, a component by which most of the cooperative's electric bills are calculated. This rate reduction will affect the vast majority of Sawnee EMC members.
This rate change, which goes into effect on Oct. 1, will reduce monthly Sawnee EMC bills by $7.50 per 1,500 kWh used.
Those members who use more electricity will see an even bigger savings, while those that use less, will see lower savings.
"This is very good news and we are pleased to be able to deliver this much needed break for our members" said Blake House, vice president of member services. "We know that many families continue to experience personal financial challenges and we are proud to be able to help in any way we can."
The WPCA factor is an adjustment component that is used within Sawnee's retail rates to address various operating costs that are not being recovered through the standard rates.
This action will lower the electricity rate for approximately 136,000 Sawnee EMC members on the energy bills processed in October, November and December 2013. It is estimated that this rate reduction, in total, will save Sawnee members over $2.9 million in lower energy bills during this three-month period.
Visit Sawnee online at www.sawnee.com for more information.
Managing Editor, Appen Media.