We’re giving back $6 million! - NEC Coop
Nov 16, 2021 — News
Capital Credits – what’s leftover, we give back
Power Perks help keep our rates stable
Electricity rates fluctuate throughout the year as fuel prices increase or decrease. To offset summer electricity spikes, we set aside a fund—the “PowerPerks” account. If there is money remaining in the account at end of the year, we’ll distribute it back to you as a “PowerPerks” bill credit.
Keep an eye on your upcoming electric bills to see if you received a capital credit or power perk refund!
Fun fact: the longer you’re a member, the more you’ll get back!