Programs & Services
At Broad River Electric Cooperative, we're continuously developing programs, like the Heat Pump Loan program, Co-op Connections discount card, and MyEnergy Online to help you get the most for your energy dollars.
We also offer a number of services to help make your life easier and safer. And you can access many of them right here online.
Why bother with monthly bills? If you choose to pay your Broad River Electric bill by Credit/Bank Draft, we'll automatically draft your bank account or credit card for the amount of your current bill five days before each month's due date. There are no bills to keep track of, no checks to write, no envelopes to mail. Even better, there is no charge to join our automatic Credit/Bank Draft program. You still get a bill every month for your records.
The Budget Billing program bills the same amount each month for eleven months of the year.There is no settle-up. The unpaid or credited amount is rolled over into the next 12-month average.
At an electric cooperative, all revenues that exceed expenses are called margins. Each year, we allocate margins to each of our member-owner’s active accounts, based on the amount of power that Member-Owner purchased during the year. These capital credits may not be available for payment for several years. During this time, we're using the money to pay for improvements to our system: for poles, wire, and other material.
As a member of Broad River Electric Cooperative, Inc., a Touchstone Energy cooperative, you can receive discounts on products and services from participating local and national businesses. New Healthy Savings benefits provides discounts on pharmaceuticals, dental, lab work, vision, hearing, and chiropractic services.
Energy Conservation Rate
A home that meets our standards for energy efficiency qualifies for a lower energy rate. There are many ways to conserve energy in your home, installing energy-efficient appliances, adding insulation and/or upgrading windows. If your home does not meet the requirements for our Energy Conservation Rate, don't worry. We'll tell you what it will take to meet the requirements to earn the rate. And we can even lend you up to $1,500 to bring your home up to our energy-efficiency standards or up to the most cost-effective level.
Broad River Electric Cooperative can finance the installation of your new heat pump at the low interest rate of 7.5 percent APR. We even help you find a heat pump dealer. To qualify for a heat pump loan, you must be a Co-op Member-Owner, own your home and use this home as your primary residence. If your primary residence is a manufactured home, you must own the land as well. The loan is secured with a lien on the property. We offer loans up 80-percent of the cost of the heat pump and other approved energy efficiency measures.
Levelized billing takes the sharp drops and increases out of your bill by making your electric bills nearly predictable. Under levelized billing, we use a rolling average of your current month's electric usage and that of the previous 11 months to determine the amount of your current bill.
Now your daily power consumption is available at the touch of a button. Take advantage of our free online service that allows you to become a more knowledgeable consumer. Your own meter data will be available via our online portal, empowering you to monitor your daily usage and reduce energy costs - changes that can help you and your utility save money. You can select alerts and reminders that will help you manage your Broad River Electric account. Schedule a text message and/or an email to remind you of your due date. Or if you already pay automatically, set up an alert that tells you when your monthly bill has been paid. It's free and you can change it any time.
Operation Round Up
In Operation Round Up, the monthly balance of participating member’s accounts are rounded up to the nearest dollar. That extra change goes to a benevolent fund that will assist organizations and goodwill missions in and around Broad River’s service area. The program is voluntary and members can easily opt-out at any time by contacting the Broad River office. Participating members will receive a statement of the tax deductable funds that have donate each year.
pre-PAY is a pay-as-you-use plan that allows you to pay when you want, in the amounts you want. Instead of receiving a paper bill each month, energy use is calculated daily. pre-PAY electricity helps lower electric consumption due to member's awareness of their usage. pre-PAY electricity helps lower electric consumption due to member's awareness of their usage.
POWER SAVER REWARDS is a cash back program that allows you to make a difference in keeping power costs low. Broad River Electric will have a Smart Switch professionally installed to manage the energy use of your air conditioning unit or swimming pool pump or both at no cost to you and you start saving money.