Co-op Energy Talk
For the first time in seven years, Cherryland will be raising its rates. This rate change will go into effect in the spring of 2018. Listen in as we explain the specifics of this change, discuss the reasoning behind the board’s decision, and answer some of our members’ frequently asked questions.
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I have a solar array on my rooftop, and I qualified for the grandfathered net metering program. How will this rate change affect me? Will I still be credited at the new retail rate for power returned?
Regards,
Liam Wesley
Hi Liam, the grandfathered net metering program credits members for all electricity they generate at the retail rate. As the retail rate changes, so does the amount you are credited. So, yes, you will be credited at the new retail rate for any power you put back onto the grid.
Rachael and Tony,
Thank you for your explanation of the upcoming rate increase. Obviously costs do go up and Cherryland Electric does an excellent job of keeping costs down while greatly increasing reliability. I can’t agree with every decision CEC makes, especially regarding the cost of “renewable energy” as opposed to the revenue from the same. However, I do highly respect the quality of the management and field personnel of CEC. I think you do an excellent job for the members and I thank you!