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Powerline Press NEWSLETTER September 2013


A Supplement of Oklahoma Living Published by Lake Region Electric Cooperative for its members. Vol. 4


Energy Efficiency Tip of the Month


Like homes and other businesses, farms of all types can lower their electricity bills by turning off or reducing use of lights and small equipment in barns. Timers and sensors can help, too. Regular cleaning, maintenance, and seasonal tune- ups help keep


larger equipment running at top efficiency.


Source: E Source Office Closed


LREC will be closed Sept. 2nd


in observance of Labor Day.


Popular demand and short supply drives the cost of everyday necessities higher. The cost to fill your car’s gas tank has changed and is obvi- ous to anyone driving. Other increases at the gro- cery store are more subtle but still impact your family’s bottom line. Compare the average price increase of a few household expenses to see how the rising cost of electricity stacks up. The cost for a gallon of unleaded gasoline


shot up 11.1 percent on average every year be- tween 2002 and 2012, according to the U.S. Bu- reau of Labor Statistics.


The cost for a dozen eggs increased 7.8 per-


cent. Bakers watched the price of flour rise 5.7 percent, and apples felt the crunch with a jump of 4.8 percent—every year. The cost of electricity grew at a slower


No. 9 Cost of Consumer Goods Climb


tricity used by appliances and electronics has in- creased. More homes than ever have major appli- ances and central air-conditioning. Digital video recorders (DVRs), computers, and multiple tele- visions are common.


LREC works hard to keep your electric- ity safe, reliable, and affordable. But you play a role in the price of your power. Just as you might cut back on eggs if your budget is tight, we can work with you to cut your monthly electric bill. See how little changes add up at www.TogetherWeSave.com. Contact us if you have questions about ways to save electricity.


Electricity Remains a Good Value “Electricity Remains a Good Value”


pace— 3.2 percent a year, on average. The U.S. Energy Information Administration (EIA) reports homeowners across the nation pay an average of 11.7 cents per kWh. In Oklahoma, electric cooperatives keep costs even more affordable—the average price for power is 9.5 cents per kWh. Lake Region Electric Cooperative (LREC) is below average at 8.5 cents per kWh. Unlike eggs or apples, electricity is a 24-hour-a-day commodity. Despite en- ergy efficiency advancements, the av- erage household uses more electronic gadgets and needs more power to operate them every year.


3.2


In the past 30 years, the amount of residential elec-


LREC Powerline Press


Electricity per kWh


Unleaded


Gasoline 1 gal.


Eggs 1 Doz.


Apples 1 lb.


Ground


Beef 1 lb.


11.1


The cost of powering your home rises at a slower pace than expenses like gas and groceries. Compare the average price increase of these expenses each year over the span of a decade, and the value of electricity shines.


Source: U.S. Bureau of Labor Statistics Consumer Price Index, 12 month percent change average from 2002 through 2012


7.8 4.8 4.6 3.6 Orange


Juice 12 oz.


3.4


Bread 1 lb.


1


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