LCEC – Lee County Electric Cooperative




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LCEC provides six environmental funding awards

LCEC provides six environmental funding awards

LCEC announced that it will provide the City of Sanibel, the Clinic for the Rehabilitation of Wildlife (CROW), Coastal Keepers, the Calusa Land Trust and Nature Preserve of Pine Island, Inc., the Bailey-Matthews National Shell Museum, and the Monofilament Busters with environmental funding awards. Nearly $79,500 has been awarded since the program’s inception in 2014. To apply for this award, organizations can email pr@lcec.net to receive an application. The next deadline for a 2018 award is September 1, 2018. Interested organizations must meet certain criteria to be considered for the award including being located within LCEC service territory, funding utilized for projects/programs related to the environment and the utility industry, and having a demonstrated need for funds. This funding award is just one of the many ways that LCEC positively impacts and supports wildlife and the environment.

Equity allocation approved

Earlier this year LCEC retired more than $7 million in equity to customers with inactive accounts. Last week, the Board of Trustees approved an ALLOCATION of $14.5 million in net margins and $1 million in unclaimed equity to LCEC members.

Allocated equity is not in the form of cash, it is a credit and used as working capital. This capital is aimed at building and improving the electric system. Member investment helps to reduce the need for borrowing money and allows for lower interest rates when loans are secured. Consequently, this process helps to keep rates low.

In time, a portion of member equity is retired. Active members receive a credit on their bill if the retirement is less than $250. A check is delivered for retirements of more than $250 or to inactive accounts. It is important that members keep their addresses updated in the LCEC database.

LCEC is proud to have returned more than $255 million in equity to members over the years.

LCEC Offers Free Energy Surveys

Knowledge and conservation are key when it comes to reducing your electric bill. To help customers save money, LCEC is proud to offer free residential and commercial energy surveys:

Residential Energy Survey:
A qualified energy advisor will conduct a FREE onsite energy survey of your home. The energy survey includes:
• A temperature check-up of your air-conditioning system, refrigerator and water heater
• A weather stripping and caulking inspection around doors and windows
• Review of thermostat settings
• Basic inspection of air filters and the duct system when accessible
• Basic inspection of attic insulation when accessible
• Profile of electric usage

Commercial Energy Survey:
A qualified commercial energy advisor will conduct a FREE onsite energy survey of your business. An LCEC commercial energy advisor will investigate and review the following areas:
• Lighting
• Air conditioning, chillers and refrigeration
• Exhaust fans
• Building envelope
• Heating
• Controls
• Demand rates
• Profile of electric usage
• Bill/rate analysis

To schedule your free energy survey, contact 239-656-2300. For other ways to save, visit lcec.net.

Power to Care through LCEC’s Power to Share

Someone you know may be a missed paycheck away from making the tough decision between paying the electric bill or the mortgage. You can help someone in need by donating to the LCEC Power to Share Program. This program is a partnership between LCEC and the United Way where short-term emergency assistance is available to customers in LCEC’s service territory who meet the requirements. To make a donation, you can visit the Power to Share page on lcec.net and fill out the contribution form, or visit www.unitedwaylee.org, click on “Donate Now” and enter LCEC Power to Share. With LCEC’s Power to Share Program, you have the power to care!

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