#Coweta fayette emc rate per kwh free#

Following the close of World War Two, the number of rural electric systems in operation doubled.

This marked the first steps in a public private partnership that has bridged the vast expanse of rural America to bring electric power to businesses and communities. President Roosevelt created the REA in 1935 with the executive order number 7037 under powers granted by the emergency relief appropriation act. Rachel, I think it’s also important to explain to our members how electric cooperatives were formed. Cooperatives are people driven, or member driven, and as a member, you actually own it and can make a difference in terms of the direction of the business and the services that are provided. And since we are a nonprofit cooperative, any margin above operating cost is refunded back to our members. Our rates are set by our members through a board of directors elected from and by the membership. This means that our EMC is owned by our members. Now because electric cooperatives are member owned and operated, democratic processes allow them a vote in annual cooperative board elections of which elected directors are nominated from among the members. So, EMCs are member owned not for profit utilities that serve approximately 4.4 million of Georgia’s 10 million residents and 73% of the state’s land area.

Rachel, if you could, could you please explain what exactly is an electric membership cooperative? Today we’re going to be explaining the ins and outs of our electric membership cooperative and how we’re different from our for profit competitors. That’s why we invite you here to follow along every month for a new segment, and if you leave here with any questions, please be sure to let us know.

#Coweta fayette emc rate per kwh free#

Yes, so whether you’re currently on the go or are just enjoying some free time at home, here, we really want to take the opportunity to engage with you, our members, and provide information about your member owned cooperative. First, thank you for tuning in to our brand new podcast, where we plan to deliver exciting up to date information on your cooperative and how it works. I’m your host, Jacob Manus, and I’m accompanied by my co host, Rachel Camp. Hello, and welcome to In the Loop, a podcast by Coweta-Fayette EMC.