Important Update!

Ozark Electric Implementing Rate Change to Address Rising Wholesale Power Costs:

Ozark Electric’s Board of Directors have made the difficult but necessary decision to implement a rate change effective April 1, 2024 to offset the rising cost of wholesale power from our power supplier. Since our last energy charge increase in April 2018, the cost of wholesale power and the cost to provide power has increased due to inflation, higher cost of materials, rising fuel costs, and ongoing supply chain issues.

Beginning April 1, 2024, facilities charges will increase by $4.00 per month, and kWh will decrease from 9.7 cents to 8.9 cents. Demand will also be added to Residential and Small Commercial members’ monthly bills at $3.75/kW. We understand that any rate change can be challenging for our members, but we want to assure you that we are committed to providing safe, affordable, and reliable electricity. We encourage members to take steps to reduce their electrical demand, which will help lower their bills. It’s essential to note that demand is a measure of the rate at which energy is consumed, and it is measured by kW in 15 minute intervals. To level your demand, we encourage members to spread out the use of major appliances and devices rather than running them all at the same time.

We recognize that our members may have questions about this rate change, and we are here to help. Please visit our website at www.ozarkelectric.com for more information, or contact us at 417-466-2144.

We appreciate your understanding and support as we work to provide safe, affordable, and reliable electricity to our members.

You can view the article of this announcement from your January 2024 Rural Missouri here: