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News Archive
Control Your Energy Costs
Electric costs are up. Here’s why. The cost of electricity has gone up, and the increase is expected to continue. There are a variety of factors contributing to this increase for the electricity used in your home or business. > The cost of fuel to generate electricity at coal-fired power plants has increased mainly because the cost to transport coal to the power plant has increased. > Power plants using natural gas are operating at a higher cost because of the increase in gas prices. > A newly-implemented federally-mandated system for buying and selling electricity on the open market - a system known as MISO (Midwest Independent System Operator) - has so far caused an increased cost in the delivered price of electricity. For example, our power supplier, Wisconsin Public Power Inc. (WPPI) is paying about $400,000 per month more than expected under the new system. > Several key power plants serving Wisconsin have been, or are, out of service for repair or, in the case of nuclear plants, refueling. Although these downtimes are scheduled, when combined with other factors they contribute to an overall increase in electricity costs. > The cost to move electricity from power plants over transmission lines has increased driven mainly by the need to build more and larger lines to accommodate our constantly increasing demand for electricity. > Our demand for electricity continues to increase. As a municipally-owned utility, Waunakee Utilities operates on a not-for-profit basis. Consequently, the rates you pay are lower than surrounding communities. Waunakee Utilities continually works to limit electric cost increases and ease the impact of higher costs for electricity as much as possible. However, the outlook is clear that energy costs will continue to increase. Greater awareness of our consumption habits, more efficient use of electricity, and the use of more alternative energy sources must be a priority with all of us in order to ensure a safe, reliable, and affordable supply of electricity.
Here’s Some Things You Can Do to Conserve Energy and Lower Electric Costs. Things You Can Do That Cost No Money, But Can Reduce Energy Use
Simple and Inexpensive Things That Will Pay for Themselves in Lower Energy Bills in Less Than a Year
Measures That Collectively Can Cost Up to $500 and Have Paybacks of One to Three Years
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