I usually support Homer Electric in their management decisions. They seem to have a good board and administration and are heading in the right direction with the co-op, but the front page article in Monday’s Clarion (May 21) has me wondering.
HEA announced that a rate increase from 12 cents to 12.6 cents per kilowatt hour went into effect May 7, and the monthly increase will be, on the average, $3.12 per month.
The annual shareholders meeting was held May 3 and not a word about an increase was said. Not one word and just four days later the increase went into effect.
The increase may be justified, but how do we know if they keep it hidden.
I’m sure I’m not the only one who felt blind-sided by the RCA and HEA action.
It is important that in a member owned co-op the members are kept fully informed and not receive important information after the fact.
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