beach water dune

Protecting Florida’s priceless resources

(July 21, 2016) — Protecting and preserving Florida natural resources, including water, urban and rural lands, vegetation, animals and birds is sometimes a challenge for an electric utility. It is a priceless endeavor that LCEC understands and takes seriously. LCEC partners with local experts and customers to help balance the need for electricity with the needs of the environment. Support …

LCEC keeps rates competitive and affordable

(July 19, 2016) — When LCEC was established as an electric distribution cooperative in 1940, energy wasn’t as critical as it is in the 21st century. Back then, electricity was considered a luxury. Today, LCEC keeps rates competitive because nearly everything we do in our everyday lives depends on reliable electricity. Although the cost of living continues to increase, LCEC …

Cooperative membership benefits

LCEC is a not-for-profit electric cooperative, a business that revolves around delivering electricity and a focus on serving customers’ interests in the most cost-effective manner. That’s just the start of electric cooperative membership benefits. LCEC revenues in excess of expenses are used for long-term financing. Patronage capital credits are allocated annually and can be returned in the form of equity …

scale of justice

Electric franchise agreements: What are they?

(July 7, 2016) — We wrote recently in this LCEC blog about electric franchise agreements and what they are designed to accomplish. There is often confusion between a franchise agreement and what are known as service territory agreements. Misperceptions sometimes surface when franchise agreements are up for review. A common misperception in any electric franchise discussion is that electric franchise agreements …

LCEC: Listening to the customer voice

LCEC strives to offer customers the best experience possible. It is one of the qualities that differentiate the not-for-profit electric distribution cooperative. Service is at the core of the business because it is the reason LCEC exists… to serve members, not to make a profit. Quality service can be found in the LCEC mission, vision, values and key performance indicators. …

LCEC planning reliability

Plan, analyze, work hard, repeat  (June 9, 2016) — Customers expect a high level of service from their electric provider. When you flip the switch the light should come on. At LCEC, sophisticated distribution reliability analytic tools are utilized to help build, maintain and operate the complex electric system. Efforts are paying off too. LCEC customers have experienced substantial improved …

Where does LCEC get the funds to operate the electric system?

(June 7, 2016) — LCEC operates as a non-profit electric distribution cooperative. Cooperatives are not financed by investors and have no taxing authority. So have you ever wondered how LCEC finances its long-term investment in the electric system? After all, maintaining a reliable electric grid in Cape Coral and across Southwest Florida requires continual maintenance and capital improvements. One of …

Contribution in Aid of Construction Changes

On May 19, 2016, the LCEC Board of Trustees approved several changes to the LCEC Contribution-in-Aid-of-Construction (CIAC) policy. The policy defines how charges for the installation and extension of electric infrastructure to serve new development are implemented when projected revenues are less than costs. Several customers, including the City of Cape Coral, provided feedback about LCEC’s policy leading LCEC staff …

Franchise agreement vs. service territory agreement

There is often confusion about what a franchise agreement is, and what it is not. So let’s set the record straight: A franchise agreement is a contract between the local government and a utility. It provides the utility with the right to use the government’s public rights of ways for utility equipment and infrastructure. At times, the city or county …

What Has LCEC Done for Me Lately?

May 19, 2016 — LCEC is proud of its efforts to maintain competitive electric rates, which are among the lowest in Florida. Four rate decreases over the past few years have resulted in the lowest rates for any electric cooperative in Florida. In addition to seven years without a rate increase, LCEC has been diligent in exploring industry best practices …