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Oconto Electric
Cooperative P.O. Box 168 Oconto Falls, WI 54154-0168 (920) 846-2816 | (800) 472-8410 |
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OEC Newsdesk
Electricity Is Still A Good ValueElectricity. We use it every day, and in today’s technological world, we could barely function without it. While the price of everything seems to be increasing, including your electric bill, we believe it is still a great value for the money.Did you know that through the years, the price of electricity has remained an outstanding value especially compared to the rising prices of related commodities? According to the U.S. Department of Labor’s Consumer Price Index (CPI), the cost of 500 kilowatt-hours of electricity has increased just 5 percent from August 2004 to August 2005. According to the U.S. Department of Energy’s Energy Information Administration (EIA), in the United States, regular grade gasoline prices increased by 43 percent between October 2004 and October 2005. Since 1999, natural gas prices have risen 400 percent. Oconto Electric works diligently to provide for your power needs at the lowest possible costs. Because we are a non-profit electric cooperative, we sell electricity at cost to our members — with no markup. Though factors — such as rising fuel costs — are often beyond our control, we work to manage costs to keep our members’ bills low. Costs to distribute electricity from the cooperative to your home or business have remained relatively stable. Those are the costs we manage here at the cooperative. Costs we have little or no control over are the costs of producing electricity. These costs include the price of fuels, transportation and construction, among others. Those costs make up about 60% of your electric bill. In May there will be an increase to your electric bill. Keep in mind that Oconto Electric is doing everything possible to minimize the costs that we can control.  Byron C. Nolde Oconto Electric Cooperative CEO |