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August 2006

Customer-Owners Hear About Value, Innovations at Annual Meeting

Over 2,500 Walton Electric Membership Corporation customer-owners and guests learned their electric company kept rates stable and implemented several service innovations over the past year.

CEO Ronnie Lee commented on energy prices. “We weathered the Perfect Energy Storm of 2005 with minimal damage. When it hit, our objective was clear: Continue to offer the lowest possible price for your electricity needs.”

“If you figure the bill of a typical consumer using 1,300 kilowatt-hours of electricity a month, they paid $123.90 in 1993,” continued Lee. “Take the same consumer today. The bill will be $125.60. That amounts to only a $1.70 difference.”

“The bottom line is your Walton EMC bill has stayed the same for the last 13 years. This is because you receive your electricity from a company that has your interests as its top priority,” said Lee.

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