Sawnee EMC Announces $9.9M Rate Decrease
(Cumming, August 24, 2015) – Sawnee Electric Membership Corporation (Sawnee EMC) announced today that the Corporation’s Board of Directors has approved a reduction in the Wholesale Power Cost Adjustment (WPCA) factor, a component by which most of the Cooperative’s electric bills are calculated. This reduction will produce a positive financial impact for almost every Sawnee EMC member.
This rate change, which goes into effect on September 1, 2015, will reduce monthly Sawnee EMC bills by $10.57 for every 1,000 kWh used. It is estimated that this rate reduction, in total, will save Sawnee members approximately $9.9 million dollars in lower energy bills processed from September through the end of 2015. Those affected members who use more electricity, will see even bigger savings… while those who use less, will see lower savings.
“This is very good news for our members and we are pleased to be able to deliver this rate reduction, at this time” states Blake House, Vice President of Member Services. “We are proud to be able to support our members and the communities we serve in any way we can, especially after we have all been dealing with such a brutally hot summer”.
The WPCA factor is an adjustment component that is used within many of Sawnee’s retail rates to address various operating costs that are generally not being recovered through standard retail rates. This adjustment to WPCA will lower the electricity rate for almost every Sawnee EMC member on their energy bills during this four (4) month period.
To learn more about how Sawnee EMC members can reduce their monthly energy bills, visit Sawnee online at www.sawnee.com.
About Sawnee EMC
Sawnee Electric Membership Corporation is an electric distribution cooperative headquartered in Cumming, GA. Sawnee serves electricity to approximately 158,600 accounts in seven (7) counties of greater north Georgia. Sawnee’s assets exceed $524 million, with energy sales of 3.6 billion kWh and annual revenue of $354 million. With a team of approximately 305 dedicated professionals and over 10,150 miles of distribution line, Sawnee stands ready at all times to meet the needs of its members/owners. SEMC strives daily to live up to their motto…
This institution is an equal opportunity provider and employer.