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Northfork 6SDUNV )ODVKHV 6XSSOHPHQW WR 2NODKRPD /LYLQJ December


16 Electric Rates to Increase in March 2017


CONTENTS PAGE 2


Stay Safe this Holiday Seasoon


PAGE 3


Seasonal Energy Savings


PAGE 4


NFEC’s Award- Winning


Communications PAGE 5


(QHUJ\ (䈲FLHQF\ 7LSV PAGE 6


&R RSV 5HDG\


to Work with Elected 2䈲FLDOV


PAGE 7


Holidays’ Sweetest Gifts


PAGE 8


&R RS )DPLO\ &KULVWPDV +HOSV Neighbors


&R RS 6HHNV Students for


/HDGHUVKLS 6XPPLW


%\ 6FRWW &RSHODQG NFEC General Manager


On March 1, 2017, Northfork Electric Coopera- tive will implement a rate increase for all member- FRQVXPHUV ² IRU WKH ¿UVW WLPH LQ PRUH WKDQ VHYHQ years.


Why is the increase necessary? The board and management team continuously PRQLWRU WKH ¿QDQFLDO VWDELOLW\ RI WKH FRRSHUDWLYH WR determine if or when a rate increase is necessary. For the last seven years, the booming oil and gas industry had helped the cooperative to avoid a rate LQFUHDVH 7KLV ¿QDQFLDO SURVSHULW\ JUHZ DQG EHQ- H¿WHG DOO DUHDV RI WKH HFRQRP\


Now that the industry has slowed down, not only here in Oklahoma, but across the nation, the reduction in revenue has wreaked havoc on state budgets, our schools, community hospitals, local businesses and ultimately our co-op and its mem- bers.


Rate design is a balancing act between meet- ing our revenue needs while minimizing the overall ¿QDQFLDO LPSDFW WR RXU PHPEHUV 1)(& ZRUNV GLOL- gently to keep costs down, but the recent downturn in the oil and gas industry has forced the cooperative to require the rate increase. :KR ZLOO LW D㑅HFW"


7KH FKDQJHV ZLOO D㑅HFW DOO JURXSV RI PHPEHU consumers — residential, commercial, industrial, irrigation and water pumping. The information to follow only addresses the residential rate adjust- ment. Those receiving electric service under one of the other rate schedules will receive other communi- FDWLRQ H[SODLQLQJ KRZ WKH LQFUHDVH ZLOO D㑅HFW WKHP How much will my bill increase? $OWKRXJK WKH H㑅HFW RI WKH UDWH DGMXVWPHQW ZLOO


vary depending upon the type of account and extent of usage, the typical residential consumer who uses an average of 1,500 kiloWatt hours (kWh) a month will see an increase of less than $6 on their bill. 6HFXULW\ OLJKW FKDUJHV ZLOO DOVR EH PRGL¿HG under the new rate schedule. Members can expect a $1.10 to $2.30 increase in the overall monthly cost based on the size of security light installed. :KDW LV WKH H㑅HFWLYH GDWH RI WKH QHZ UDWHV DQG ZKHQ ZLOO , VHH WKLV UHÀHFWHG RQ P\ ELOO" 7KH QHZ UDWHV ZLOO EH H㑅HFWLYH 0DUFK therefore, you will notice the increase on the billing statement you receive in April 2017. Copies of the new rate schedule will be available both online and at the headquarters :KDW FDQ , GR WR UHGXFH P\ HOHFWULF FRVWV DQG FDQ 1)(& SURYLGH DQ\ DVVLVWDQFH LQ WKLV DUHD" :H XQGHUVWDQG WLPHV DUH GL㑆FXOW EXW ZH ZLOO do everything we can to help minimize the impact of this rate increase on our membership.


1RUWKIRUN (OHFWULF R㑅HUV VHYHUDO RSWLRQV WR KHOS members manage their electric costs. Members can ¿QG KHOSIXO LQIRUPDWLRQ DERXW FRQVHUYLQJ HQHUJ\ and saving money on the co-op’s website at www. QIHFRRS FRP XQGHU WKH µ(QHUJ\ (㑆FLHQF\¶ WDE 2WK- er services include free home and business energy audits, commercial lighting and rebate programs, as ZHOO DV ÀH[LEOH SD\PHQW RSWLRQV VXFK DV EXGJHW ELOO- ing and auto-bank draft.


If you have any questions or concerns regarding the implementation of this rate adjustment, I encour- DJH \RX WR FDOO RXU R㑆FHV DW


:H¶UH


here to help, and we’re committed to providing you ZLWK VDIH UHOLDEOH DQG D㑅RUGDEOH HOHFWULF VHUYLFH Look for more information about the rate adjustment in future editions of the co-op’s newsletter, Sparks & Flashes.


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