Your fuel charge is not a constant monthly charge because we pass to you only actual costs of generation fuel. This charge is mostly related to the cost of natural gas to make electricity. Natural gas fired generation
plants are all that can be built today because consumers are against coal plants and nuclear plants which tend to have a significantly cheaper fuel price at a constant amount. Natural gas generation is more volatile to market swings. When winters in the Northeast of America is cold (2007), they use more natural gas to heat their homes and reduce the amount of natural gas in storage, which affects the price of natural gas which affect the price of generation electricity because we are dependent upon natural gas generation. When winters are cold in the NE and summers are hot in the
midwest, natural gas surges.
We have had this straight talk with our members of Taylor Electric
Cooperative for 5 years now in our magazine and at our annual meetings.
Members of the cooperative need to write their elected representatives in
Austin and Washington and tell them to pass laws to allow cooperatives to
build clean power plants that can use our nation's resource, coal, for
electricity generation. We should not be captive to markets for electricity
since electricity is so important to everyone, today.