Programs and Rebates
To offset the cost of providing electric service to rural areas in Monroe, Randolph and St. Clair counties, MCEC offers cost-saving alternatives to its members. Monroe County Electric Co-Operative has one of the state’s most comprehensive energy marketing programs.
As a nonprofit corporation, MCEC sells no stock, declares no dividends, and all excess revenue over expenses (net margins) are returned to the members of the cooperative. This is called Capital Credits. Each year, this net margin – or Capital Credit – is credited to the capital account of each member in proportion to the amount of electric power purchased at such times as the financial condition of MCEC permits. As of December 31, 2007, MCEC has returned a total of $3,089,998 to our members.
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MCEC will rebate $1000 to members who install a geothermal system (minimum of 3-tons) as long as the member qualifies as an “all-electric” account. The minimum requirement to be rated as an “all-electric” account is that the member must have electric as their main source of heat along with an electric water heater (minimum of 50 gallons in size).
Heat Pump Rebate
MCEC will rebate $500 to members who install a heat pump (minimum of 3-tons and SEER rating of 15) as long as the member qualifies as an “all-electric” account. The minimum requirement to be rated as an “all-electric” account is that the member must have electric as their main source of heat along with an electric water heater (minimum of 50 gallons in size).
Electric Water Heater Rebate
A member who replaces an existing gas water heater in their home with an electric water heater, 50 gallon in size or larger, can qualify for a $100 rebate.
Electric Heat Rate
A very attractive rate is available to households utilizing electric heat.
September 1 – June 1
First 800 KWH @ 11.3 cents
Next 3200 KWH @ 8.5 cents
Over 4000 KWH @ 11.3 cents
June 1 – September 1
All KWH @ 11.3 cents
Water Heater Promotion
The cooperative sells Marathon water heaters, which feature a lifetime warranty on the tank and a 6 year warranty on parts and labor. Two sizes are available:
- 50 gallon – call office for pricing (939-7171)
- 85 gallon – call office for pricing (939-7171)
Monroe County Electric offers the Briggs & Stratton Home Generator System line of standby and emergency generators. Briggs & Stratton is one of the leading and most well known names in small engines. Residential generators are available from 8 kW to 20 kW and can be operated on natural gas or propane.
These units are available with transfer switches that automatically start the unit and transfer to standby power in the event of a power outage. When utility service is restored, the transfer switch switches back to utility power and shuts down the generator.
The Briggs & Stratton product line was chosen for its long history in the small engine business and its commitment to a quality line of products at reasonable prices. By choosing Briggs & Stratton, we have a product that has proven reliability and a manufacturer that will be around for a long time to come.
Not sure what size you need? To help with sizing needs go to www.powernow.com. For more details, pricing information, or a site analysis, please contact our office at 939-7171 or 1-800-757-7433, ext. 115 and we will direct you to the certified installer in your area. You can also contact us by email at email@example.com.