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FEC members to receive rate increase of 12.5%

Members of Farmers’ Electric Cooperative will receive a general rate increase of 12.5% this spring. The increase will go into effect with the May 1 billing period.

"Last year we received a 25.3% rate increase in the cost of our purchased power," said Mike Sanders, chief executive officer of Farmers’ Electric Cooperative. "But, the average increase passed along to our residential members was only 8%. This year, we are passing

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