18
December
2023
|
08:51 AM
America/New_York

How is Your Electric Dollar Used?

Jackson EMC is a cooperative, which means we're owned by the members we serve. We don't have investors or shareholders, so we don't make a profit for anyone else. We use the money we receive to fund the services needed to bring you reliable electricity. 

You may have wondered how your money is used. Approximately 75 cents of every dollar goes to pay for the electricity going to your home or business. What’s left over pays for equipment, billing, labor and other business expenses. We’re a not-for-profit co-op, so we return margins to members whenever possible.

We invest in our distribution system to strengthen our infrastructure and ensure we can restore power quickly after outages occur. We work hard to keep costs as low as possible while delivering the exceptional service our members expect – like reliable power and great customer service.

Here's how your dollar is spent: 

Cost of Power: 75¢

  • Nuclear
  • Coal
  • Solar
  • Hydro
  • Gas

Operating Your Co-op: 25¢

  • Materials
  • Transportation
  • Employees
  • Taxes