A brief explanation of CHELCO's business model:
As a not-for-profit cooperative, CHELCO's bottomline is measured by our member-owners' satisfaction with our safe, reliable service at reasonable prices. CHELCO doesn't make the electricity we use, we buy it from a Generation & Transmission cooperative, PowerSouth. CHELCO's role is to deliver the electricity and provide a variety of energy related services to our members.
The charges on your electricity bill reflects the careful management of CHELCO's costs for wholesale power, operations, maintenance and infrastructure, and prudent planning for the future. Any money remaining after CHELCO's expenses are paid belongs to our member-owners and are called margins. Margins are allocated (re-invested) and/or retired (given to members) as determined by the board of trustees who are democratically elected by the general membership. Click here to find out more about the cooperative model, CHELCO board of trustee & elections or capital credits.
Costs to start commercial service and monthly charges:
One-time membership fee: $5.00
This one-time fee has remained the same since the cooperative was formed in 1941! It gives you the benefit of membership and is refunded when your membership is terminated.
Security deposit, if required: $150 or twice the average monthly bill, whichever is greater.
A security deposit may be required and is based on individual credit rating. It can be waived with a letter of good credit from a previous utility company or with a good credit score determined by our internal credit check process.
CHELCO has two primary rates for businesses:
- General services non-demand - lower power users who do not regularly exceed 50kW 6 months or more in a year
- General service demand - members who use more than 50kW in demand for 6 months or more in a year