We sincerely hope that the fuel costs will return to normal soon and that we can lower our energy charges to what our members are accustomed to seeing. We understand that higher energy charges are never welcomed news. The additional amount each member pays each month will vary based on how much electricity is used. The WPCA is the cost per kWh to purchase power that Excelsior EMC needs to meet the electricity demands of all our members. The cost increase will be reflected in the Wholesale Power Cost Adjustment (WPCA) on our members’ power bills. As reported in the news, several factors are contributing to the increased natural gas prices: inflation, supply chain issues, workforce shortages, and the war in Ukraine.ĭue to these high fuel costs to generate power, Excelsior EMC members will see increased energy charges in their electric bills. The unprecedented increase in the cost of natural gas (it has nearly tripled over the past year) has significantly driven up power generation costs. When our wholesale energy price increases, the cost of power for our members increases as well.Īs you know from filling your gas tank at the pump, the cost of fuel has increased significantly over the past few months. We strive to deliver low-cost energy to our members by keeping overheads low and working to purchase wholesale energy at the lowest price. “As a not-for-profit electric cooperative, Excelsior EMC members receive power for what it costs us to deliver it to them.
#EXCELSIOR EMC FULL#
Below is the full response from Howard Porter:
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