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Bandera Electric announces cash rebates

Special to the Courier

Just in time for the holidays, the Bandera Electric Cooperative board of directors has approved a $1.5 million rebate back to active members. The cash rebates, a direct result of operational improvements and lower energy costs from BEC, will be given to members this December.
“This year, we are all the beneficiaries of lower than expected fuel costs and operational expenses” said William Hetherington, BEC chief executive officer. “As tangible evidence of these benefits, the board of directors agreed to return excess margins to all of our active members.”
Members who have an active account on December 1 will qualify; the individual rebates will be based on the total amount of energy purchased by each member through September 2016. Anyone qualifying for a rebate more than $25 will receive a check, and members who qualify for a rebate less than $25 will see a credit on their December bill. A typical residential customer using the average of energy of 1300 kWh/ month will receive around $40.
“We want to ensure our members get their rebates in time for the holidays, so it is important that we have accurate mailing addresses on file. I encourage our members to update their information right away,” said Hetherington. “This year, that is easier than ever using our new SmartHub online and mobile account management tools,” he continued.
Bandera Electric Co-operative currently serves nearly 24,000 members and provides electric service to approximately 34,000 meters in a seven county territory in the Texas Hill Country. As a member owned cooperative, BEC continually searches for new, innovative programs to promote energy-efficiency, cost savings and quality service. For more information about BEC, visit BanderaElectric.com or call 866-226-3372.