In the electric utility rate comparisons released by the Louisiana Public Service Commission (LPSC) for the month of December, Claiborne Electric has some of the lowest electric rates among all providers in the state.
The LPSC regulates all electric cooperatives and investor-owned electric utilities in Louisiana. In December’s electric utility rate comparison, only five companies had rates slightly lower than Claiborne Electric. All five of these companies are our sister cooperatives in other parts of the state. Claiborne Electric’s rates are significantly lower than the investor-owned utilities across the entire state.
In December, Claiborne Electric members using an average of 1,000 kWh per month were billed $126.50. In comparison, the same bill would be $135.74 for an Entergy customer, $147.06 for a SWEPCO customer, and $149.49 for a CLECO customer.
One kWh is equal to using 1,000 watts of electricity for 60 minutes. At Claiborne Electric, each kWh costs members about 12.7 cents. Claiborne Electric’s members are only paying a few cents more for a kWh of electricity than 20 years ago. In comparison, think about the cost of eggs, bread, coffee, medicine, gasoline, or a vehicle 20 years ago compared to today. Where other goods and necessities have doubled, tripled, or even more in price, electricity has held its value and remained similar in price per kWh for decades.
The cost per kilowatt-hour (kWh) of electricity has risen slower than any other household commodity for decades, making electricity an excellent household value. With electricity required for heating, cooling, lighting, cleaning, cooking, refrigeration, working, entertainment, transportation, and communication, there is barely a part of life that does not require electrification.
The U.S. Energy Information Administration estimates Americans will end the year using more than four billion kWh. Clearly, energy consumption shows no signs of slowing down. We encourage members to remember the value electricity holds with each flip of a switch, press of a button, and charge of a phone. Claiborne Electric’s free SmartHub app is a great resource for monitoring electric usage.
At Claiborne Electric, we are always looking out for members by working to keep electric bills affordable and service reliable. For more information on lowering electric consumption and using energy more wisely, please contact a local Claiborne Electric office.
