Delivering clean, emission-free solar energy every day!

The power that LCEC delivers to customers is generated through a mix of solar, clean-burning natural gas, emission-free nuclear, and very little coal. Although LCEC doesn’t generate power, the electric distribution cooperative collaborates with one of the largest utilities in the state that is generating more and more power through solar. LCEC selected its power supplier to ensure the power …

five-dollar-bills

$4 Million back in the pockets of members

LCEC is a not-for-profit electric cooperative. Each year, the Board of Trustees considers an equity retirement. In 2016, LCEC was able to maintain a sufficient financial position, and in 2017, a retirement of $4 million in equity was made to current and inactive customers. Active and inactive customers received a check or a credit on their account. Active customers receiving …

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 …