2025 Rate Change
Across our region and the country, many electric cooperatives and other utilities are facing rising wholesale power costs. These cost increases are driven by many factors including increased demand for electricity, investments in reliability and inflation. As not-for-profit, member-owned cooperatives, Basin, East River and Southeastern Electric teams strive every day to hold down costs while still providing the safe and reliable service members expect. However, these wholesale power costs are Southeastern Electric’s single largest expense and represent about 70 cents of every $1 on member bills each month. As cooperatives, our rates are designed only to cover the actual costs of delivering electricity to members. As our wholesale power costs increase, we need to increase our rates to cover that cost.
SEC rates will increase 6.2% for all rate classes. For an average residential member using 1,200 kWh, that would mean an additional $9 per month.
As your cooperative, we are committed to minimizing the impact of increasing power costs on your household. Contact us to learn how to save more energy throughout your home and also to learn more about our energy efficiency rebates, incentives and loans.
Click here to view some frequently asked questions about the rate change, but if you have additional questions, please give us a call at 800-333-2859 or stop by one of our offices. The updated rates are listed here.