![]() The company says the wholesale power cost adjustment rider, which can change monthly, fluctuates based on the costs to generate power. It also includes covering the Co-op's cost to maintain electric lines and over 50 substations. The base charge covers operating the Cooperative and delivering it power. Those rate schedules will be billed at $32 per month and will affect around 1,000 non-residential accounts.Įvery, two years Flint Energies updates its cost-of-service calculation. Even with this change, the price of electricity has risen less than many other common member expenses.”įlint Energies reports that base rate changes will also be in effect for the other rate schedules which were previously billed at $31 per month. “Through conservative management and strategic power supply agreements, we work to reduce expenses and operate more efficiently to help control costs for all Members. “As a not-for-profit electric cooperative, all Flint Members share in the costs and benefits of electric service,” says Flint Energies Chief Executive Officer Jeremy Nelms. This increase will equal $12 dollar for one year of service.įlint Energies’ residential rate will remain at the current 10.55 cents per kilowatt-hour (kWh). The company says the residential base charge will move from $31 per month to $32 per month. ![]() Flint Energies is raising its residential base charge starting on April 1, 2022.
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