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very time you fill up your car, you make a decision about how far you wish to travel. Now you can pay for your electricity just like you pay for gasoline, food, and even cell phone minutes. This “pay-as-you- go”electric service is called prepaid metering, and it will be available soon from Choctaw Electric Cooperative.


Pay-As-You-Go Power E


CEC’s new prepaid metering program puts you in control of your electric usage


on how much you think you can afford that month and what you think you’ll use. You will receive a reminder by email,


“With this program you pay what you want when you want.”


Prepaid metering works like this: You pay in advance for your electricity based


—TERRY MATLOCK, CEO


telephone call or text message when you are almost “out” of electricity, or you can monitor your usage online.


If you don’t make another payment—over the phone, online or in person— the electric service is automatically turned off when the account runs dry.


“Prepaid metering lets you manage your electric bill and not the co-op,” said Terry Matlock, CEO of Choctaw Electric. “With this program, you pay what you want, when you want.”


Prepaying is a good solution for any CEC member, but it’s especially helpful for members on a tight budget or those who move often, own rental properties, are in college or the military.


“For some members, CEC’s billing cycles don’t work very well with their household cash flow,” Matlock pointed out. “With prepaid metering, you won’t have to worry about billing cycles. You pay what you can afford.”


Prepaid eliminates the need for deposits, late fees, and disconnect and reconnect charges. This reduces administrative expenses and fuel costs for your co-op, and protects financially-strapped members from falling into a never ending debt cycle.


It also boosts energy savings. Studies find consumers who prepay generally use less energy than consumers on traditional billing arrangements because they’re more aware of how much electricity they are using and when they tend to use it.


For Choctaw Electric, prepaid payments helps reduce the costs involved in disconnecting and reconnecting meters. If a prepaid member is disconnected for non-payment, the remote setup reconnects the service when payment is made.


“Prepaid is great way for the member to be in charge and manage their own electric costs,” said Matlock.


For more details on prepaid metering, please contact your co-op at 800-780-6486.


8 | may 2013


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