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Lower Your Water Heating Costs
Water heating can account for 14% - 25% of the energy consumed in your home. Turn down the temperature of your water heater to the warm setting (120° F). You'll avoid scalding your hands at the same time that you save money.
Can Save You Money
There are three major types of utility corporations in America today: investor-owned utilities, municipal utilities, and rural cooperatives. Investor-owned utilities and municipal utilities are state-chartered businesses and are similar in their organizational structure and operation. The primary difference is that municipal utilities operate within defined cities or towns.
Investor-owned utilities are operated as profit-making enterprises. They derive capital funds by issuing shares of stock that are purchased for their profit-making potential. The stockholders, who may or may not be customers of the utility, are granted voting privileges based upon the shares of stock they hold. Investor-owned utilities supplement the capital they derive from stock sales by borrowing from banks or other financial institutions. Any profits from the business are shared with stock holders.
Rural electric cooperative provide services similar to investor-owned utilities, and charge similar fees for their product and services. The primary distinction between the two business types is that rural electric cooperatives exist to provide electric service to their members while investor- owned utilities exist to provide a return on investment to shareholders.
Rural electric cooperatives raise capital from their members through member fees and sale of electricity to the members. Rural electric cooperatives also supplement their capital by borrowing from financial institutions. Any profits made by the cooperativesare returned directly to the members based on each member’s electric usage in the form of Capital Credits.
© Copyright 2010 Gunnison County Electric Association, Inc., All Rights Reserved. 
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