Jones-Onslow Customers to Receive Electric Bill Credits

Customers to see credit added to bills starting this month.

Jones-Onslow is pleased to announce that customers will see a credit on their electric bills starting this month and continuing for the remainder of 2015. The credits that customers will receive are due to several factors.

First, by the end of 2015, JOEMC customers will purchase more power during the remainder of the year than what was budgeted and projected. Thus, these additional electric sales will create greater than anticipated revenues.

A second factor that has contributed to these credits is that JOEMC continues to grow and add new customers each and every month. With the added customers in 2015, more electricity has been purchased than was projected.

A final factor that has played an important role in the credits is that the cooperative has operated its day-to-day business operations in an extremely efficient manner. As of the end of September, the cooperative’s operations, maintenance, and fixed expenses were 7% below what was budgeted for 2015.

Starting with this month’s bill, the credit will be shown as a WPTA (Wholesale Power and TIER Adjustment) credit line item. The projected credit will be $10.00 per 1,000 kilowatt-hours of electricity used. The chart below shows typical monthly usages and the credits that will be seen. Screen Shot 2015-11-24 at 2.46.55 PM

“With everything going on with the economy today and with the holiday season just around the corner, we are glad to be able to provide these credits to our customers,” said CEO Ron McElheney. “We will continue to work each and every day to operate our business as efficiently as possible while maintaining dependable, reliable electric service to our customers.”

Does your business need some free advertising?

Does your business need some free advertising? If so, Co-op Connections is for you…Simply agree to offer a discount to any JOEMC customer with a Co-op Connections Card and in return we’ll promote your business on our website and in this newsletter. We’ll help market your business to all our customers in our community. To find out more about the program, click here, contact Paula Redick at (910) 577-6350 or email her at predick@joemc.com.

 

Take the chill out of your winter electric bill

Between holiday guests and shorter, colder days, electric bills tend to climb in the winter. Save when the temperatures drop with these five tips:

Lower your thermostat to 68 degrees
Decreasing the temperature by just one degree can save up to 5 percent on heating costs. A programmable thermostat makes it easy to control temps when you’re away.

Adjust blinds and curtains
Keep them open to let in sunlight during the day and close them at night to keep heat inside and protect from drafts.

Seal and insulate
This is the best way to keep heat in and air out. Areas that may need sealing include corners, cracks, door frames and windows.

Free your vents
HVAC (heating, ventilation and air conditioning) systems will have to work twice as hard if vents are blocked by rugs, furniture or doors. Keep vents clear for proper airflow.

Keep food cool
Don’t make your fridge work too hard. A temperature set between 34 and 37 degrees Fahrenheit is usually sufficient.

 

Does your water heater need a winter coat?

As you pull out your sweaters and jackets for the coming winter, you should think about bundling up your electric water heater as well.

Electric water heating accounts for nearly 15% of your monthly electric bill. However, you can reduce that cost with an insulated water heater wrap and pipe insulation, especially if the unit is located in unconditioned space like a garage.

If the outside of your water heater is warm to the touch, it is losing heat through the walls of the tank. Installing an insulating blanket is one of the most effective do-it-yourself energy-saving projects you can perform. The blanket will reduce standby heat loss by 25-40%.

Additionally, insulating your hot water pipes reduces losses as the hot water is flowing to the faucet and will reduce standby losses when the tap is turned off and then back on within an hour or so. A water heater wrap kit isn’t needed if you’ve already purchased a Vaughn Water Heater from Jones-Onslow or if a gas water heater is used in your home.

With all pieces properly installed, the kits can save you money and energy while helping your electric cooperative meet North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standards (REPS). This mandate requires that a certain percentage of Jones-Onslow’s electric sales comes from renewable energy sources or reductions in electricity usage through energy efficiency.

Jones-Onslow has these kits available to customers for $12 each plus sales tax. The kits, which have a $50 retail value, include a water heater blanket and pipe insulation as well as an Earth Massage water-efficient showerhead and bathroom and kitchen faucet aerators.

The water heater wrap kits are available at our Jacksonville and Snead Ferry offices.

 

 



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