As a not-for-profit cooperative, Indian Electric offers our member-owners access to high-quality energy at the lowest practical rates. Rate categories are assigned according to the type of account (residential, commercial) and your energy consumption.
Factors Affecting Your Rate
The price of electricity is determined by several factors, including power generation, the necessary upkeep of our system and regulatory actions by the state and federal governments.
The electricity distributed by Indian Electric Electric is generated and supplied by one wholesale power suppliers: KAMO Electric Cooperative, Inc.
KAMO Electric Cooperative, Inc. (KAMO Power), with headquarters in Vinita, Oklahoma, is a Generation and Transmission (G&T) cooperative serving 17 member distribution cooperatives in northeast Oklahoma and southwest Missouri. KAMO is one of six G&T utilities that own Associated Electric Cooperative, Inc. (AECI). AECI provides the capacity and energy needs for KAMO and the other five G&T's.
Costs associated with generating and transmitting energy:
- Generation and transmission infrastructure: Proper maintenance of the electricity generation facilities, wires and poles is of paramount importance for safety and environmental responsibility. It is another cost that is added to the cost of power, but because KAMO Power is a cooperative, these costs are shared across 17 systems.
- Demand: Very high levels of demand during peak times - such as the hottest days of summer -- can lead to an increase in the cost of power. Using reasonable amounts of electricity during these times can help to reduce the demand on the system.
Costs of bringing electricity to your home or business:
- Distribution infrastructure: Upkeep of Indian Electric Electric's lines and meters is a large ongoing cost. We work daily to manage this cost through constant monitoring of our system and preventive maintenance.
- Business operations: Professionals at Indian Electric oversee the daily business of our utility, including billing, accounting and customer service.
- Catastrophic system damage: Natural disasters can be an unpredictable and unavoidable expense. Storms can devastate an electrical system, and repairs can be very costly.
- Indian Electric Electric is subject to state and local laws.
- On the federal level, we comply with federal statutes.
Indian Electric Electric's management and trustees is active in associations and committees on local, state, and national levels, which allows us to represent our members' interests.
If you have any questions regarding your rate or rate categories, please contact our office at (918) 295-9500.