2019-12-BRE MM

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A MONTHLY NEWSLETTER FROM BLUE RIDGE ENERGY

matters MEMBERSHIP

December 2019

Member refunds are here! Special member refunds began in November and will continue on your December electric bill. We hope you’re enjoying this member benefit! Blue Ridge Energy is pleased to be able to return $7 million to members as a result of power contract settlements and lower wholesale power costs. All members will receive refunds based on their individual electricity usage. For the average member using 1,000 kilowatt hours of electricity each month, the bill credit is around $40 for November and December bills. “We are pleased to be able to pass along savings to all of our members,” said Chief Executive Officer Doug Johnson. “As an electric cooperative, we’re

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not in business to make a profit, but rather to provide service at the lowest possible cost to members,” he explained.

Blue Ridge Energy is returning $7 million to members as a result of power contract settlements and lower wholesale power costs. In addition to the November and December refunds, we recently shared that we did not increase rates in 2019, and now, we are excited to announce that members can expect no rate increase in 2020. Even more reason for Blue Ridge Energy members to celebrate!

11/7/19 2:37 PM


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