Sam Houston Electric Cooperative members will see good news when they open their electric bills this month. Credits totaling more than $857,000 will be applied to Cooperative members’ February statements.
The average residential member will receive a credit of $9.
According to Sam Houston Electric Cooperative Chief Communications Officer Keith Stapleton, the Cooperative is passing a wholesale power credit directly on to its members.
“We’re a not-for-profit entity,” Stapleton said. “There are 53,000 members of Sam Houston Electric Cooperative. So, the credit is being passed along to those consumer-members. The timing is especially good, as the credit will be applied in a cold weather month when electric bills are generally higher.”
Sam Houston EC received its charter May 16, 1939, and has been providing electricity to East Texas ever since. The Cooperative was founded by a handful of farmers and rural residents who dreamed of bringing “power to the people.” In the early 1940s, there were just over 600 Co-op members. Today, Sam Houston EC serves 53,000 members and 71,000 meters across parts of 10 counties.
