BLUEBONNET COOPERATIVE MEMBERS TO GET SOME ENERGY BILL RELIEF

  

Bluebonnet Electric Cooperative members will get some relief from winter electric bills beginning in February due to a one half cent reduction in the fuel portion of the co-op, which equals to about a $5 reduction for every 1,000 kilowatt-hour of electricity consumed.

There are two factors in calculating an electric bill: cost and consumption. And there are three components to cost – the wholesale rate, the distribution rate, and the fuel portion, known as the power cost recovery factor. As fuel prices fluctuate, particularly natural gas, Bluebonnet passes the savings or increases to its members by raising or lowering the power cost recovery factor. The wholesale and distribution rates are stable, changing only every few years.

The weather, which is the single biggest factor in energy consumption for residential consumers, is always changing in Texas.

Will Holford of Bluebonnet Electric Cooperative has this advice about being able to keep track of energy usage in the winter or summer months.

Just use your account number, the name on the account, and follow the directions for set-up. Bluebonnet’s member service representative is available for help or more information Monday through Friday from 7am to 5:30pm at1-800-842-7708.

Podcast: Play in new window | Download

Subscribe: RSS