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Sawnee EMC Announces WPCA Rate Decrease
(Cumming, GA
- October 23, 2007) - Sawnee Electric Membership Corporation
(Sawnee EMC) has announced that WPCA rates will be lowered.
Sawnee EMC, an electric utility serving more than 146,000 accounts
in seven (7) counties of northern Georgia, announced today that,
effective November 2, 2007, its wholesale power cost adjustment
(WPCA) factor by which members are billed will be reduced for
the balance of 2007. “The budgeted cost for wholesale purchased
power and other items for 2007 were less than expected and we
are proud to be able to pass this lower cost on to our members
by lowering their rates,” states Michael A. Goodroe, President
and CEO of Sawnee.
This action will affect all residential accounts
and many commercial accounts served by Sawnee
EMC. The net effect of this action is to reduce
the amount each member will pay for electricity
for the remainder of 2007. “We’re very excited
to be lowering our purchased power factor and,
in effect, our retail rates. After the summer
when most members see higher-than-normal power
bills, our members will welcome lower rates for
the remainder of the year,” says Blake House,
Vice President of Member Services for Sawnee
EMC. “Lowering the wholesale power cost
adjustment factor is just one way we can assist
our members in lowering their monthly energy
bill. This action helps demonstrate to our
members that we are committed to keeping rates
as low as possible,” says House.
The reduction mentioned will occur in the WPCA
factor, which is part of many of the various
retail rate schedules by which Sawnee EMC bills
its members. This change in the WPCA factor
means that each account will see a reduction on
their electric bill of $12.17 for every 1,000
kWh of energy used per month. This means that
the average member could see a savings between
$6.08 and $12.17 per month versus previous
rates.
The savings from this reduction will vary and
are dependent on each member’s actual level of
usage during the months this change is in
effect. Mr. House added, “We will continue to
monitor power cost very closely and, should
conditions warrant, further changes may be
recommended.”
Sawnee EMC is proud of its history of serving
its member/owners with competitively-priced
electric service coupled with a high level of
reliability throughout a variety of weather
conditions. Sawnee EMC is more than
electricity, it’s service.
About Sawnee EMC:
Sawnee Electric Membership Corporation is a
distribution electric cooperative headquartered
in Cumming, Georgia. Sawnee serves electricity
to over 146,000 accounts in northern Georgia.
Sawnee assets exceed $469 million with annual
energy sales of 2.9 billion kWh and revenue of
$279 million. They have over 305 dedicated
employees making up a team of professionals that
meets the needs of the member/owners through a
network of over 9,569 miles of distribution
facilities.
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