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As we look for ways to save money in this age of increasing inflation, think about your daily routine and how much value it provides compared to the money spent. A morning latte costs about $6, a fast-food combo with a burger, fries, and a drink will set you back around $10, and a Netflix subscription is about $16 each month. All these daily expenses total around $85 a week, or about $340 monthly. Is that the best value for your money?

You can power your entire home every day for the price of a medium latte. You could brew your own coffee, cook your own meals, binge a series and run on a treadmill for less than the cost of that one drink. That's real value. Electricity provides benefits that we often take for granted. It goes well beyond short-term satisfaction by allowing us to charge devices and have cold food and hot water, all in a comfortable, indoor climate. Besides the privilege it affords, electricity has also remained relatively cost-stable even amidst rising inflation.

As a member-owned cooperative, WFEC does everything in our power to ensure your costs stay reasonable and electricity remains a great value for its members. It's not always easy, as there are many factors beyond inflation that impact the price of electricity - some within our control but most beyond it.

Electricity costs can fluctuate due to supply and demand, infrastructure investment, maintenance and operational expenses. Weather patterns also contribute, affecting both demand and generation capabilities, with extreme conditions leading to heightened energy use or disruptions. Government policies, such as subsidies for renewable energy or taxes and regulations on emissions, shape electricity costs as well. Your electric cooperative considers all these aspects when adjusting rates, and because we're a cooperative, we consider the impact of those costs on our members.

As our community continues to rely on electricity for nearly everything, we need it to be reliable and affordable. WFEC always strives to put you top of mind and works each day to ensure electricity remains the best value for your money.