Power Lines in Sun Heart

Why are the cooperative’s costs going up?

Posted: March 20, 2023

Prices have increased since 2014. We see it daily at the grocery store, gas pump and restaurants. The cost of electrical equipment has increased – some items as much as 400%.

Costs 2016 versus 2022. HEMC's actual equipment costs. 8-inch wooden cross arm: 2016 - $34; 2022 - $84.65; 149% increase. 2-inch PVC conduit: 2016 - $0.62 per foot; 2022 - $3.45 per foot; 457% increase. 15 kilovolt-ampere transformer: 2016 - $592.27; 2022 - $1061.43; 101% increase