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August 2023 Bill Insert Full

Page 1

OF YOUR

TH VALUE THE MEMBERSHIP

Our team is focused on bringing you value and savings through innovation and continual improvement. We work around-the-clock to power your homes and businesses with the most advanced technology — all while keeping electric rates as affordable as possible and delivering value beyond electricity. cobbemc.com/value

ENERGY EFFICIENCY TIP Pre-cool your home on hot summer days and remember to turn your thermostat up during the middle of the day. Complete a home energy assessment to determine which parts of your house use the most energy and learn the best ways to cut energy costs. cobbemc.com/save

SAFE DIGGING DAY August 11 is 811 Day. Remember, the law requires that you call 811 to have underground utility lines marked before you break ground. That’s true whether you’re a homeowner setting a fencepost or a contractor conducting a large excavation. You can also enter your request at call811.com.

DISTRICTS UPDATE Our district lines have been updated to balance membership across our nine board districts. cobbemc.com/district

MEMBERS LIKE YOU POWER OUR PURPOSE LOW RATES Cobb EMC was ranked #1 in Georgia for having the lowest electric rates in the state among all electric membership cooperatives (EMCs) according to the Georgia Public Service Commission’s winter 2023 rate survey. In July we gave back $5 million to our members through a Wholesale Power Adjustment (WPA) credit. Since 2013 we have given $43 million back to members through WPA credits. In 2021 and 2022 Cobb EMC protected members from $27 million in rising wholesale power costs with diligent internal cost controls and the help of dividends received from Gas South, our wholly owned subsidiary. Thanks to leadership planning, securing future power needs and operating efficiently, our board voted to return $15 million in excess money - known as capital credits - to you and other members who received electric service from Cobb EMC in 2019 and/or 2020.

RELIABILITY At Cobb EMC, serving our community is at the heart of what we do. Our mission is to maintain safe, reliable power at affordable rates while providing an excellent customer experience. We work year-round to power your homes and businesses with the most advanced technology to help ensure you have power you can rely on. From leveraging new technology to inspecting our equipment to trimming trees in the right of way, we’re working every day to provide you with perfect power. Cobb EMC is ranked 1st in the nation for restoring outages quickly and 2nd in the nation for providing reliable power, according to the IEEE*. *According to the Institute of Electrical and Electronics Engineers.

COMMUNITY At Cobb EMC, we exist to serve our members and our community. We’re your neighbor, your co-op, and your community partner, and we’re proud to power your lives. Our employees have volunteered over 1,720 hours since the last annual meeting. We’re working hard to make our community a wonderful place to work and live. Cobb EMC partners with 150 schools across our five-county service area to provide STEM and literacy activities. Over the years we also sponsored more than $870,050 in scholarships for a total of 282 local students as of 2022. Find more at cobbemc.com/value.


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August 2023 Bill Insert Full by Cobb EMC - Issuu