CONNECTIONS
The Official Newsletter of Cobb Electric Membership Corporation | JULY 2022
Cobb EMC rates remain low Cobb EMC is committed to providing you value through low rates. Despite volatile energy markets and steadily increasing power costs, our priority remains to keep our members’ bills as low as possible. In fact, we provide you with some of the lowest rates in the state at an average 8 cents per kWh, which is also well below the national retail rate of 12.7 cents per kWh. Our partnership with Gas South, our wholly-owned subsidiary, helps keep Cobb EMC strong by returning profits to the co-op, which helps to keep electric rates low and reliability solid.
Notice of 2021 Patronage Capital allocation Each member receiving electric service is hereby notified that for year 2021, Cobb EMC’s excess margins totaled $6,230,468. Each member can calculate the amount of assigned 2021 Patronage Capital by multiplying the total amount billed for electric service in 2021 by .014625937%. Capital credits are your individual portion of the cooperative’s profits beyond the costs of providing electricity. As a not-for-profit business, we exist to provide you reliable electricity – not to make a profit. When we have a good year and earn profits, or margins, we assign capital credits to our members until the board approves them to be given back in the form of a bill credit or check. *Excludes taxes, Operation Round Up and other ancillary services.
OUTAGE MAP BRINGS MEMBERS ENHANCED EXPERIENCE Cobb EMC has launched a new stateCobb EMC’s new outage map will of-the-art outage map designed to keep you informed with features help members – that’s you – easily that include: find all the information you need when • Real-time information that is you experience an outage. updated every 10 minutes to provide We work around-the-clock to improve the latest outage information in reliability and minimize outages for Cobb EMC’s service territory. our members. We hope you don’t Outages are viewable by location, experience a power outage. However, county and ZIP code. if you do lose power, our enhanced outage map allows you to follow along • More information and details about your outage. with your outage status in real time, The enhanced map will provide including when crews are en route members with a summary of active or on-site restoring power, and the outages, total members affected estimated restoration time. by an outage, the current weather, “When our members experience an outage cause, an outage status outage, our priority is to restore power and an estimated restoration time. as quickly and safely as possible,” During storms, members will see says Kevan Espy, President and special icons in the map depicting CEO of Cobb EMC. “As a result, we’re major hazards, alerts and even ranked 1st in the nation for restoring photos from nearby damage to stay outages quickly and 2nd in the informed. nation for providing reliable power, according to the IEEE. We understand Members can access the outage the importance of keeping members map by downloading the Cobb EMC informed during outages. This outage app or through the online Outage map delivers the most up-to-date Center at cobbemc.com/outage. outage information, building on our commitment to making our members’ experience better.”
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