MEC passes additional savings to members
BULLHEAD CITY – Mohave Electric Cooperative (MEC) has been serving members for 75 years, and unlike most items over time, the cost of MEC’s electricity has stayed relatively the same since inception. Unlike investor-owned utilities who provide profits to shareholders, a utility operating under the cooperative model is a not-for-profit entity structured to provide its member-owners with exceptional service at cost. This year, Mohave Electric successfully secured power purchases at a lower cost than anticipated. These savings will be shared with members, and on August 19, 2021, the MEC Board of Directors unanimously voted to increase the Purchased Power Adjustor (PPA) credit to…