EREC Continues to Provide Affordable Electricity Rates to Its Members
In recent weeks, Gulf Power was acquired by Florida Power and Light (FPL) causing a significant increase in their rate structure in Northwest Florida and surrounding areas. Escambia River Electric Cooperative (EREC) has no affiliation with Gulf Power or FPL and purchases electricity from PowerSouth Energy Cooperative – which is owned by 20 electric distribution systems in Alabama and Florida. PowerSouth helps control costs by using a diverse mix of fuels to generate electricity. This diversity allows PowerSouth to choose the cheapest resources for power generation and control the consumers’ cost of energy.
PowerSouth and the electric cooperatives invest millions of dollars in infrastructure to meet the demands of a growing population. The expense to build substations and install power lines impacts the bottom line. And because EREC is a cooperative, all the expenses are shared by the owners and members.
“Because cooperatives are not-for-profit organizations, the focus is on people, not profits,” says Ryan Campbell, CEO of EREC. “At EREC, our members are our top priority and providing dependable and affordable electricity is our number one mission.”
EREC is always working to provide service that’s reliable and economical for the members they serve.