Members of a Texas Cooperative May See 2012 Rate Increase
Posted on Jun 9, 2011 in Corporate Governance, Project Development, Rates | Comments Off on Members of a Texas Cooperative May See 2012 Rate Increase
At its annual meeting, Farmers Electric Cooperative (FEC) announced a probable rate increase in 2012 due to a new natural gas plant and heightened delivery costs associated with a new rail contract for coal. Three directors were also re-elected at the annual meeting, and nuclear power was named FEC’s likely generation resource for the future to serve increasing member demand. The Chillicothe Constitution-Tribune has the story.
