In order for French Broad EMC to cover these costs, it is necessary for us to pass these costs on directly to our customers. These costs vary from month to month because of the factors mentioned above. Keep in mind that it takes us a few months after we are charged to fully recover what Progress Energy charges us. This is because French Broad EMC averages these costs over the three prior months in order to keep the charges from fluctuating up and down so dramatically to our members. French Broad EMC remains committed to keeping our operational costs at a reasonable level. Unfortunately, we cannot control the cost of fuel and as long as fuel costs continue to remain at such high levels across the nation, French Broad EMC along with other energy suppliers will be forced to pass these costs onto their customers.

In an effort to keep our membership informed on the fuel situation, we are listing the fuel charges for the past several months as well as the current month. We hope that this information will be beneficial for our customers to better plan and budget as necessary.