NEC Retail Gives Back To Veteran’s - NEC Coop
Jun 6, 2014 — Company News
NEC Retail, the competitive retail electric provider subsidiary of parent company Nueces Electric Cooperative, recently honored current and past military members with an extra $25 off of their electric bill. The newly established Military Appreciation Credit proved to be a hit among NEC Retail members with 1,873 members submitting their verification to receive the discount. In total, NEC Retail members received approximately $47,000 during its inaugural year.
Giving back to members is nothing new to NEC Retail. Since 2005, the Co-op has given back 31 million dollars in the form of Merry Christmas Credits, Capital Credits and through Nueces Charities, Inc. Additionally, members who choose to refer friends and family to the Co-op have enjoyed an additional $279,000 back in their wallets.
As a not-for-profit, member-owned and operated company, NEC Retail’s goal is to save members as much as possible while continuing to provide top rated service and electricity to members spanning all over the state of Texas. In 2005 Nueces Electric Cooperative became the only deregulated cooperative of its kind in the nation. Now consumers living on investor-owned utility lines such as AEP, Centerpoint, Oncor or Texas New Mexico Power are able to enjoy the perks of being an owner of their electric company, including the valuable member-friendly programs that make NEC Retail stand among electric providers.
In April 2013, NEC Retail implemented a Burned Veteran program to provide $50 off a severely burned veteran’s electric bill during the hot summer months. At the same time, NEC Retail created the Military Appreciation Credit. “As a small company who employees several veteran’s, including myself, we recognize and appreciate the commitment these men and women made,” states John L. Sims, NEC CEO. “It’s not much, but every penny helps these days and we just wanted to do something a little extra to say thank you for serving your country.”
Current and active military, who are members of NEC Retail, are invited to sign-up for the annual Military Appreciation discount. After verification is proven one time, members will continue to receive the credit each year on their May or June electric bill. To find out more about the program, visit www.necretail.com or call 361-767-3865.
Started in 2005 after the deregulation of the Texas electric market, NEC Retail is the only not-for-profit cooperative retail electric provider in Texas. As a non-profit, the Co-op is dedicated to giving margins back to the members of the Co-op each year. NEC Retail is based in Calallen, TX and is owned and run by the members it serves. For more information on NEC Retail, visit www.necretail.com or call 1.855.NEC.RD4U.
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