TVA’s recent announcement of a 1.5% wholesale rate increase will be reflected on Pennyrile Electric member’s bills beginning October 1st. In addition, there will also be a slight increase to the monthly customer charge in the amount of $2.50 to aid Pennyrile Electric in recovering fixed costs. However, due to a significant decrease to the monthly fuel cost, the average residential member will see very little change to their October bill.
Today, two crews (10 Line Technicians) from Pennyrile Electric will be traveling to Vienna, Georgia to assist Middle Georgia EMC with power restoration. Middle Georgia EMC is a cooperative serving over 8,000 members within a six county service area. Pennyrile Electric personnel will be joining other line crews to restore power to more than 3,000 members who are still without power after Hurricane Irma passed through the cooperative’s service area earlier this week.
Twelve local high school juniors joined other students from across Kentucky and visited the commonwealth's capitol as part of the Kentucky Association of Electric Cooperative's Frankfort Youth Tour on April 13th.
(Hopkinsville, KY) – When we flip a light switch, we expect a light to turn on. We usually don’t give much thought to the processes or people behind it, until the light doesn’t turn on because of a power outage. Severe weather is the top cause of power outages in the United States. When storms cause the power to go out, we depend upon our electric utilities to restore power as safely and quickly as possible.
As many prepare for the impact of Hurricane Matthew, many cooperatives, like Pennyrile Electric, are gearing up to assist in restoring power to those affected. This morning, five Pennyrile Electric linemen left for Tallahassee, FL, where they will be staged until the storm has moved through.
In September, TVA announced a 1.5% wholesale electric increase to their 154 power distributors. According to TVA, the decision came after considering current and anticipated conditions and costs affecting TVA’s operations – as well as the adequacy of revenues from wholesale and other power customers to recover those expected costs and to meet the requirements of TVA’s bond resolutions and the TVA Act. The increase will be a straight pass through to Pennyrile Electric members resulting in an approximate $1.50 increase on residential electric bills.
Touchstone Energy® Cooperatives is a national network of electric cooperatives across 46 states that provides resources and leverages partnerships to help member cooperatives and their employees better engage and serve their members. By working together, Touchstone Energy cooperatives stand as a source of power and information to their 32 million member-owners every day.