News & Events
Rising prices and how they impact our cooperative
For nearly 85 years, Mid-Carolina has delivered what matters most. As a member-owned cooperative, we exist solely to serve you in the most cost-effective way possible.
Despite rising costs nationwide, we’ve been able to keep our power bills stable for members in recent years. We introduced a groundbreaking rate structure in 2016 that gives members the control to lower their monthly bills. We’re proud of this continued commitment to safe, reliable, cost-effective electricity.
Yet, a significant increase in our wholesale power cost beginning in January, coupled with new federal regulations and high inflation, will require that we make rate adjustments in the coming months. We’ve postponed this as long as possible and commit to making only the changes needed to counter rising cost pressures.
Just as members have always relied on us, you can count on our transparency throughout this process and our commitment to affordable electricity.
Read more about the impact of rising costs on electricity and what Mid-Carolina is doing about it here and in the September issue of South Carolina Living magazine.