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A pretty penny goes far when it comes to electricity!

us-coins(June 14, 2016) — When LCEC was established as an electric distribution cooperative in 1940, energy wasn’t as critical as it is in the 21st century.

Can you imagine what it would be like if you couldn’t charge your mobile phone, record your favorite TV program, or enjoy ice-cold glass of lemonade while sitting in your air-conditioned home?

In 1940, electricity was considered a luxury. Many people who had access to electricity didn’t own the appliances that used electricity.

In fact, the average usage in a household was only 30 kWh per month. Today, nearly everything we do depends on reliable electricity in Cape Coral and throughout Southwest Florida and beyond, and the average usage per home is just over 1,000 kWh.

Although the cost of just about everything continues to increase substantially, LCEC employees are working hard to keep operating cost down so that electric rates remain stable. Did you know that since 2013, LCEC has decreased electric rates by nearly 7 percent? Today, LCEC customers pay just over 10 cents a kWh, which is below the national average and nearly the same price as the national average was 76 years ago!

 

Average Cost in United States:

1940 2015
Gallon of milk $.50 $3.38
Domestic first-class letter rate $.03 $.49
Gallon of auto gasoline $.20 $2.28
Ticket to a movie $.25 $10
Electricity – cost per kWh $.10 $.13
LCEC cost per kWh < $0.11
Median annual U.S. wage $1,730 $26,695

(Source: Bureau of Labor Statistics)

Comments 1

  1. Pingback: Electricity—live without it? Electricity and quality service from LCEC.

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