Electricity is good for your wallet
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2022 board elections Let your voice be heard. Inland Power’s Travis Swartz (left) and Tig Cornell (right) update Inland transformers.
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ost of us use electricity, either directly or indirectly. Because electricity is so abundant and available with the simple flip of a switch, it’s easy to take it for granted.
of rent increased 3.4 percent; medical care increased 2.8 percent; and education increased 2.2 percent. But the average cost of electricity only increased 1 percent. Inland, however, hasn’t increased rates since 2018. Considering all the ways we depend on electricity, it still remains a great value.
According to the Energy Information Agency (EIA), the typical U.S. household now uses more air conditioning, appliances and consumer electronics than ever before. The average home also contains 10 or more internet-connected devices. Considering everything that is powered by electricity, it’s no wonder we occasionally might wince at our monthly bill. But keep in mind, it’s no longer just the “light bill.”
Over the last five years, the average cost
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Electricy is good for your money EFFICIENCY Is your home winterready?
We care about you, the members we serve, and understand that electricity is more than a commodity––it’s a necessity. That’s why Inland Power will continue working hard to power your life, reliably and affordably.
Electricity powers our quality of life. From the infrastructure of your home (appliances, water heater and HVAC system) to charging your smartphones, computers, ELECTRICITY REMAINS A GOOD VALUE TV and Wi-Fi router, your energy bill The cost of powering your home rises slowly when compared to other covers so much more than lighting. common expenses. Looking at price increases over the last five years, it’s
Typically when demand goes up, so too does the price, as is the case with most goods or services, like cable or even your favorite specialty coffee. However, that’s not true with electricity. Let’s take a look at how the value of electricity compares to other common expenses.
inside... YOUR COOPERATIVE
So, the next time you’re enjoying your favorite podcast, TV series or movie, consider the value of electricity and how it enhances your quality of life.
Quality of life
Today, there is more demand for electricity than ever before. At home, in schools and business, the need for electricity is increasing.
October 2021
easy to see electricity remains a good value!
Average Annual Price Increase 2015-2020 Percent
4.0 3.5
3.4% 2.8%
3.0
2.2%
2.5 2.0 1.5
1.0%
1.0 0.5 0
Rent
Medical Care
Sources: U.S. Bureau of Labor Statistics Consumer Price Index
Education
Electricity
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s a member of Inland Power, you own the utility. That ownership comes with benefits including local control and accountability, meaning your choice of co-op leaders. Here at Inland Power, our elected board members are called “trustees.” The word “trustee” gets to the heart of the matter. Co-op members entrust board members to keep their co-op strong. The job is more than attending board meetings. Trustees must learn about complicated issues in the energy business and foresee challenges in
providing affordable and reliable power. They forge a long-term plan for the sustainability of the cooperative. They hire the CEO. They reach out and listen to the members, speak up for the cooperative and stand up for members at every turn. Trustees are stewards of that purpose and should make every decision big or small with the members in mind. If this sounds like a position for you, Inland Power’s nominating committee is accepting applications for board positions in Districts 4 and 6. Please send your request for the candidate packet outlining
candidate qualifications, responsibilities and the application process to Jennifer Lutz at jenniferl@inlandpower.com or by phone at (509) 789-4273. Prospective candidates will be required to submit a candidate certificate of eligibility, complete an application and provide a photo by Tuesday, Nov. 30, 2021. The member-comprised nominating committee will meet in early-December to review all applications received and make nominations based on those with the most appropriate qualifications. Additionally, co-op members may be Continued inside