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  • Message from Lou Ann Phillips, CEO - Power Cost Adjustment for 2023
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Message From Lou Ann Phillips, CEO - Power Cost Adjustment for 2023

Lou Ann Phillips, Chief Executive Officer
Lou Ann Phillips, Canoochee EMC Chief Executive Officer

Utilities across the nation have seen unprecedented increases in power cost during 2022.  Increased costs have been driven by supply and demand issues.  Energy prices across the board were higher.  Remember the unusually high gas and diesel prices that we all experienced early this year?

In 2022 Canoochee’s power cost rose 6% from the original forecasted amount.  This increase in cost led Canoochee to have a slight increase in power cost to our members in August 2022, but the increase was not sufficient to offset the higher-than-expected bulk energy costs. 

The expected power cost projections for 2023 are higher than originally forecasted but are not expected to be as high as the actual costs we saw in 2022.  Due to the higher-than-expected energy forecast, Canoochee regrettably must make a power cost adjustment which increases the average residential monthly bill by 5.8% beginning in 2023.

The average residential bill for Canoochee members totaled $149/month in 2022, approximately 6.3% below Georgia Power’s residential customer bill.  The increase for 2023, based on the same kWh usage, will increase to $158/month.  This will be a $9/month or $108/year increase.

The Canoochee Board of Directors and management understand that our members face challenges with high inflation driving up the cost of almost everything we purchase.  The board and management will continue to look for opportunities to reduce costs where possible.

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    Canoochee EMC

    Po Box 487

    Reidsville, GA  30453

    You may also call us at 912-557-4391

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    ©2023 Canoochee EMC. Lighting Up a little piece of the South.

    • About Us
      • Annual Meeting of Members
      • Board of Directors
      • Canoochee EMC Bylaws
      • New Member Welcome
      • Service Territory and Board Districts
      • Canoochee EMC: 1938 to Today
      • Statement of Non-Discrimination
      • About Touchstone Energy
      • The Seven Cooperative Principles
      • Careers
        • Career Opportunities
        • Equal Employment Opportunity Policy Statement
        • Equal Employment Opportunity is The Law
        • Pay Transparency Non-Discrimination Provision
      • Privacy Statement
      • Service Rules
    • Member Services
      • Apply for Service
      • Capital Credits
      • GATE CARD
      • Message From Lou Ann Phillips, CEO - Power Cost Adjustment for 2023
      • Rooftop Solar Assessment
      • What is a Power Cost Adjustment?
      • Solar Energy
        • 10 Steps Before Installing Solar
        • Solar Agreement - Distributed Generation Agreement
      • Service Fees
      • Prepay Metering
      • Phone Scams
      • Georgia Agricultural Tax Exemption
      • Electric Vehicle Chargers for your Home
      • Canoochee EMC Apps & App Support
      • 2019 Rate Adjustments and Changes
      • Statement on Broadband
    • Community
      • CEMC Foundation Scholarship
      • Operation Round UP
        • CEMC Foundation Application for an Organization
        • CEMC Foundation Application for an Individual
      • CEMC Foundation Linemen Scholarship 2022
      • Co-op Connections Savings
      • Washington Youth Tour 2023
      • Walter Harrison Scholarship
    • Safety
      • Safety Quiz
      • Electrical Safety Checklist
      • Storm Center
    • Contact Us