Storm Damage Recovery Rider

Jonathan

In 2018, your cooperative was hit by Hurricane Florence, Hurricane Michael and Winter Storm Diego all which caused significant damage to our electric grid. While all repairs were made in the days following the storm, we are still in the process of paying for these restorations. To recover approximately $400,000 in excess storm costs not recovered from FEMA (Federal Emergency Management Agency), there will be a temporary Storm Damage Recovery Rider from May 2019 through April 2020. This will appear as a line item on your bill and will be about $1.00 per month for the average home. Collecting these funds through a temporary rider instead of through our retail electric rate makes it easier to remove this charge from your bill once the storm damage costs have been collected. For any questions, please call us at 800.222.3107.

Storm Recovery Rider