Notice of Rate Change
Notice is hereby given that Wharton County Electric Cooperative, Inc. (the “Cooperative”) intends to change rates for electric service. Pursuant to Texas Utilities Code Section 41.061 the Cooperative has adopted a resolution approving the rate changes. The rate changes are effective February 1, 2024, or as soon thereafter as may be allowed by law.
The proposed rate changes are described as follows: Increase of $0.0042 per kWh for all rates.
It is anticipated that the proposed rate change will increase revenue by $1,003,518.85 or 3.84% based on a test year ending November 2023.
You may obtain further information concerning the proposed rate changes and/ or a copy of the proposed rate changes by calling Gary Raybon, General Manager/CEO of the Cooperative, at 979-543-6271.
A meeting to discuss the proposed rate change with affected consumers will be held at the Cooperative’s headquarters located at 1815 East Jackson Street, El Campo on February 8, 2024, at 6:00 PM.
Rate Change Q&A
How much will rates increase?
This rate change will be in the form of an increase of $0.0042 per kWh for all rates. This rate increase will raise the average residential bill by $6.32 per month.
Why are rates increasing?
Recent changes in accounting interpretations and continued efforts to share the cost of cooperative operations among our membership and rate classes necessitate this change.
When will my bill change?
The change will appear on the monthly bill you will receive on or about February 29, 2024.
How will this rate increase affect the co-op’s profits?
We are a not-for-profit, member-owned cooperative. We exist to serve our members with reliable, affordable power, and any margins (profits) we receive are invested in the electric system or refunded to you, the member-owner of WCEC, in the form of capital credits.
What can I do to reduce my bill?
There are many ways to reduce your energy use. Learn ways to save energy at: MyWCEC.coop/save. You can also contact us to learn more about energy efficiency and our load management program.