Wednesday, May 23, 2012

ANEC Members Benefit from Reduced Energy Costs

A & N Electric Cooperative

Tasley, Va. – A&N Electric Cooperative (ANEC) consumer-members saw their power bills decrease slightly following a reduction in the wholesale power rate charged by the cooperative’s electricity provider.


Beginning May 1, ANEC bills decreased $4.31 per 1000 kilowatt hours, the amount of electricity an average household uses each month.


The new rate reflects reductions in the cost of fuels used to generate electricity by Old Dominion Electric Cooperative, ANEC’s wholesale power provider.


"This change may help with the higher bills our members typically experience during summer months, when use of air conditioning increases electricity usage compared to other times of year," said Vernon Brinkley, A & N’s President and CEO.


Headquartered in Tasley, ANEC is a not-for-profit energy provider that serves nearly 35,000 homes, farms and businesses in Accomack and Northampton Counties in Virginia and Somerset County, Maryland. ANEC is the primary electric utility for all of Virginia’s Eastern Shore. For more information, visit www.anec.com.

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