LCEC Reduces Rates For 2015

There is some good news for Lehigh Acres residents who depend on Lee County Electric Cooperative to provide them with electric power.

Karen Ryan, a spokesperson for LCEC, said while the price of just about everything is increasing, LCEC is reducing electric rates for the second year in a row.

“More notably, 2015 begins the seventh year that LCEC has not raised electric rates and the not-for-profit utility continues to work hard to keep rates competitive,” she said in a press release.

The power cost adjustment has been reduced by LCEC for customers beginning Jan. 1.

Ryan said by email that natural gas prices recently reached a historical low, allowing power suppliers with diverse fuel mixes to take advantage of reduced fuel costs.

“As a cooperative, LCEC shares these savings with customers. The LCEC board of trustees approved a decreased in the PCA from $16.65 per 1,000kWh to $14.60 per 1,000 kWh,” she said.

The not-for-profit, LCEC was established 75 years ago and it serves Cape Coral, North Fort Myers, Marco Island, Sanibel and Captiva Islands, Pine Island, Everglades City, Immokalee, Ave Maria and parts of Lehigh.