For those who have a home on Hatteras Island (and maybe other places as well) Cape Hatteras Electrical Cooperative has just announced a 13.72% price increase effective May 2018.Their rates were already more than double what I pay in Virginia!Oh the joys of home ownership![FOOTER=smloLove the Co-op but that is a massive hike!!!!
I didn't read the announcement or the article but CHEC is a small co-op and incurred some pretty big expenses following the cable cut fiasco. I would think that they would be reimbursed for those expenses as well, but perhaps that's still ongoing and the power company needs to meet their financial obligations. Unfortunately, I'm running out of electricity saving measures to enact in our home.