by Leslee Kulba
Wild West blogger
Here’s some more good news for the poor people trying to stay warm so they don’t get sick:
Members of Blue Ridge Electric Membership Corporation will enjoy a full year of a temporary rate reduction made possible by lower wholesale power costs primarily driven by historically low natural gas prices.
The average member household will save $18/month.
Recent cost projections from the cooperative’s wholesale power provider, Duke Energy Carolinas, showed continued lower costs for 2016 largely due to continued low natural gas prices. Recent domestic production of natural gas has resulted in an over-supply, which is causing significant cost decreases.