To offset the cost of providing
electric service to rural areas in Monroe, Randolph and St. Clair counties,
MCEC offers cost-saving alternatives to its members. Monroe County Electric
Co-Operative has one of the states most comprehensive energy marketing
programs.
Capital Credits
As a nonprofit corporation, MCEC sells no stock, declares no dividends,
and all excess revenue over expenses (net margins) are returned to the
members of the cooperative. This is called Capital Credits. Each year,
this net margin - or Capital Credit - is credited to the capital account
of each member in proportion to the amount of electric power purchased
at such times as the financial condition of MCEC permits. As of December
31, 2006, MCEC has returned a total of $2,656,847 to our members.
Certified Comfort Home
Monroe County Electric Co-Operative understands that building a new
home can be a very stress-filled time in ones life. To help new
home builders in our area, MCEC offers a guide to energy efficient construction
standards - Certified Comfort Home. This booklet is filled with tips
to build a home with the lowest energy consumption possible while ensuring
your comfort level will be at the highest possible level. For a copy,
contact MCEC.
Electric Heat Rate
A very attractive rate is available to households utilizing electric
heat.
| Rate: |
Winter
October 1 - June 1
|
| Facilities Charge: |
$23
|
| Energy Charge: |
First 1200 KWH @ 9.183 cents
Next 3800 KWH @ 5.20 cents
Over 5000 KWH @ 7.02 cents
|
| Rate: |
Summer
June 1 - October 1
|
| Facilities Charge: |
$23
|
| Energy Charge: |
First 2000 KWH @ 9.183 cents
Over 2000 KWH @ 7.02 cents
|
The energy charges in the above rates are based on a wholesale purchased
power cost of 70 mills per KWH. The energy charges may be increased
by the same amount, plus applicable line loss, by which the Co-Operatives
variable cost of energy exceeds 70 mills per kilowatt hour.
Electric Heat Rebate
In addition to the above listed rates, MCEC offers a $350 rebate to
households for new electric heat installation. Benefits
of Electric Heating System
Free Water Heater
MCEC offers a FREE 50 or 65 gallon electric water heater to members
who build new electric heated homes.
Member may substitute a Marathon Water Heater paying the difference
in cost. Call for an update on price difference.
Water Heater Promotion
Water heaters may be purchased directly from your Monroe County Electric
Co-Operative.
50 gallon $350 (plus tax)
66 gallon $550 (plus tax)
Features: eight year warranty, premium grade anode rod, EverKleen self-cleaning
device, stainless steel lower heating element, R-20 insulation
Marathon Water Heaters
50 gallon $650 (plus tax)
75gallon $700 (plus tax)
Features: Lifetime warranty on the tank; 6 year warranty on parts and
labor.
Geothermal Heating and Cooling Rebate
MCEC will rebate $125 per ton of installed capacity to members with
geothermal heating and cooling systems. Benefits
of Geothermal Systems
Heat Pump Rebate
Members utilizing an electric furnace/air-to-air heat pump, or other
electric heating systems(minimum 5 kw) will receive a rebate of $30/kw
of installed capacity from MCEC.
Benefits of Heat Pumps
Budget Billing
MCEC makes a fixed or levelized budget plan available to members with
a minimum of a 12 month history with the cooperative. The program is
voluntary and members must remain on the selected program for a 12 month
period.
Fixed Budget Program
Monthly payments are based on the member households past 12 months
of electric usage. The budget period ends on October 1. If the monthly
payments made during the previous year have been higher than actual
consumption, a credit will appear on the November 1 electric bill. Should
electric usage be more than payments made, a statement for the difference
will be sent on November 1. If there is a substantial difference either
way, the budget payment plan for the household will be adjusted accordingly
for the ensuing year.
Levelized Budget Program
The level budget plan takes the previous 11 months usage, adds
the current months usage and divides by 12 to obtain average monthly
consumption. The monthly bill is calculated at the applicable rate plus
charges and taxes as appropriate. The amount is rounded to the nearest
dollar and becomes the monthly billing amount.
Fax Service
MCEC offers members the convenience of sending or receiving fax messages
for $1 per page from the MCEC office. MCEC fax number is 1-618-939-3969
Copy Service
MCEC provides free copying of important papers and documents as a service
to our members. We will gladly make up to 10 copies per month at no
charge. More than 10 copies will be charged at 10 cents per copy. Just
stop by our office and we will gladly accommodate you.
Credit Card payment plan
Members can pay their electric bills by credit card if they have a MasterCard,
Visa or Discover card. You can call it in over the phone, send the information
by mail or bring it in person.
Direct Payment Plan
This plan allows members to have their electric bill payments made automatically
from their credit card company, checking account or savings account.
The member still receives their bill in the mail each month, but the
net amount of their bill automatically comes out of their account.
Long Distance phone rate
Reduce your long distance bills by signing up for our Long Distance
phone plan through TWN (Trans World Network). Take advantage of these
low rates and the following benefits:
* 4.5 cents/min. in Illinois. 4.9 cents/min. out of state.
* 800 number can be assigned at the same rate.
* Calling card available billed at 9.5 cents/min.
* Free to joinnd no monthly minimum
Call 1-888-507-5767 to sign up today. (You do not have to be a cooperative
member to sign up.)
First Alert Weather Radios
Available now to the member for $65.00 plus tax.
These radios are preprogrammed for Monroe county.. Additional adjacent
counties can be programmed as well.
IEC Scholarship Program
* 4 - $1250 scholarships available for the son or daughter of a cooperative
member who is planning on attending a four year school.
* 1 - $1250 scholarship--The Earl W. Struck Memorial Scholarship-- will
be awarded to a student who is a son or daughter of an Illinois electric
cooperative employee or director.
* 2 - $1250 scholarships will be reserved for use at a two-year Illinois
community college. Sons and daughters of Illinois electric cooperative
members, employees and directors are eligible.