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 state's most comprehensive energy marketing programs.
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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, 2007, MCEC has returned a total of $3,089,998 to our members.
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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 - Monthly payments are based on the member household’s 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 - The level budget plan takes the previous 11 months’ usage, adds the current month’s 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.
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Credit Card Payment
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.________________________________________________________
A member can have their electric bill payment made automatically from their checking account, savings account or credit/debit card if it is a MasterCard, Visa or Discover Card. And, they won't have to change their present banking relationship to take advantage of the service.
Here's how the Direct Payment Plan works:
The member authorizes regularly scheduled payments to be made from their checking, savings or credit/debit card account. Their payments will be made automatically on the specified day, and proof of payment will appear on their statement. The amount which will be withdrawn from either their savings, checking or credit/debit card account will be the net amount due shown on their electric bill. The authority they give to charge their account will remain in effect until they notify us in writing to terminate the authorization. The Direct Payment Plan is dependable, flexible, convenient and easy. To take advantage of this service, contact the cooperative office at 939-7171 or 800-757-7433 for details.________________________________________________________
MCEC will rebate $1000 to members who install a geothermal system (minimum of 3-tons).
Benefits of Geothermal Systems________________________________________________________
MCEC will rebate $500 to members who install a heat pump (minimum of 3-tons and SEER rating of 15).
Benefits of Heat Pumps________________________________________________________
A very attractive rate is available to households utilizing electric heat.
Rate:
October 1 - June 1Facilities Charge: Energy Charge: First 1200 KWH @ 10.50 cents
Next 2800 KWH @ 5.69 cents
Over 4000 KWH @ 8.33 cents
Rate:
June 1 - October 1Facilities Charge: Energy Charge:
Over 2000 KWH @ 8.33 centsThe 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-Operative’s variable cost of energy exceeds 70 mills per kilowatt hour.
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Energy audits are available to the members at no cost. We can come out and identify different areas of your home that may be costing you dollars from heat/cold infiltration and suggest ways that you can improve the energy efficiency of your home through insulation, caulking, or weatherstripping.
With an infrared camera, we can take pictures of your home and identify areas where heat is escaping. With a blower door testing system we can find leaks in your building envelope so that you can work to fill those leaks and make your home tighter and more energy efficient.________________________________________________________
PrePayment Plan Available to Members
The Prepayment Plan allows members to pay for energy in advance, thus making members more aware of how and when energy consumption increases and/or decreases. This plan is available to any member who would prefer to pay for their energy before they actually consume it or for those who would rather not pay a security deposit upon application for new service.
Members choosing to participate in this plan would have an IHD (In Home Display) plugged into a 120-Volt outlet in an area of their home where they spend most of their time. The IHD displays the following information: current balance on the account, average energy consumption in dollars and cents, energy consumption from the day before, energy consumption during the current month, and how many days of energy consumption remain (at the current rate).
Call Office at (618) 939-7171 or (800) 757-7433 if interested.
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Monroe County Electric Co-Operative understands that building a new home can be a very stress-filled time in one’s 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.
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Marathon water heaters, which feature a lifetime warranty on the tank and a 6 year warranty on parts and labor, may be purchased for:
50 gallon $750 (plus tax)
85 gallon $875 (plus tax)
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2013 information coming soon
* 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.________________________________________________________
For a PDF of Participating Businesses Click HERE
For a Excel Document of Participating Businesses Click HERE
