Increase effective May 1 only the second in past 16 years
Farmers’ Electric Cooperative announced recently a general rate increase will go into effect for its member-owners this spring.
Effective with the May 1 billing, FEC member-owners will raise its rates an average of 8.5%. Commercial and industrial rates will also change and vary based on usage and current rate classifications.
“This rate change continues what we told our member-owners,