This is a question that is on the cooperative’s mind with every expenditure it makes. To answer that question, KEC maintains a 10-year financial forecast. This forecast estimates the additional revenue produced by growth and the additional costs incurred in serving it. While the investment in a new headquarters is considerable, there are others of similar scale to consider. Among them are the system improvements and maintenance needed to ensure our members have access to the power they desire to use. All factors considered, KEC forecasts that future rate increases will not exceed the historical rate of inflation. As an electric cooperative operating on a not-for-profit basis, ensuring our rates are as low as possible remains a core and central priority. That will never change.
