It’s Election Time Again, yet Pedernales Electric Cooperative’s Rates are Still No Bargain!
Despite two Board elections and a third on the horizon in the post Bennie-Fuelberg-era, PEC’s rates – at 11.7 cents per kWh –
are among the very highest in the state. Today, in the deregulated electric market in Texas, consumers pay as little as 5.9 cents.
With Customer Choice, consumers choose their electric provider, choose their price – 6 cents to 11 cents, choose their term and
even choose renewable energy.
To date, PEC’s Boards have failed to fulfill their mission statement to provide its members with “low-cost energy.” An efficiently run
tax exempt, non-profit electric cooperative, with access to cheap capital, should be able to provide its members with electric rates
that are lower than that found in the deregulated electric market. But, its not happening.
So, the captive members of PEC have to ask themselves the following question at some point in the very near future: What are the economic
benefits of being a member of an electric cooperative in 2012? PEC’s rates are essentially the same as before, and remain well above
market levels. The average folks simply cannot afford PEC’s Bennie-Fuelberg-era level rates.
Randy Klaus
Member since 1990
8904 Jolly Hollow Dr.
Austin, Tx 78750
ho ph 512.335.9528
Despite two Board elections and a third on the horizon in the post Bennie-Fuelberg-era, PEC’s rates – at 11.7 cents per kWh –
are among the very highest in the state. Today, in the deregulated electric market in Texas, consumers pay as little as 5.9 cents.
With Customer Choice, consumers choose their electric provider, choose their price – 6 cents to 11 cents, choose their term and
even choose renewable energy.
To date, PEC’s Boards have failed to fulfill their mission statement to provide its members with “low-cost energy.” An efficiently run
tax exempt, non-profit electric cooperative, with access to cheap capital, should be able to provide its members with electric rates
that are lower than that found in the deregulated electric market. But, its not happening.
So, the captive members of PEC have to ask themselves the following question at some point in the very near future: What are the economic
benefits of being a member of an electric cooperative in 2012? PEC’s rates are essentially the same as before, and remain well above
market levels. The average folks simply cannot afford PEC’s Bennie-Fuelberg-era level rates.
Randy Klaus
Member since 1990
8904 Jolly Hollow Dr.
Austin, Tx 78750
ho ph 512.335.9528
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