We understand our Members are experiencing higher electric bills. This is due to the steep increase in natural gas prices, which are currently at a 7-year high.
Our nation is experiencing levels of inflation not seen in decades. As a result, you have undoubtedly been impacted at the grocery store, gas station, hardware store, and everywhere else you transact business.
Please see below the impact on four crucial energy resources necessary for our daily lives.
Data Highlights -
WTI crude oil futures price
up $50.81 from a year earlier
Increase – 72.47%
Natural gas futures price
Up $4.56 from a year earlier
Increase – 146.15%
Retail gasoline price
Up $1.98 from a year earlier
Retail diesel price
Up $2.46 from a year earlier
WELCOME TO J-A-C ELECTRIC COOPERATIVE, INC.
J-A-C is a nonprofit electric cooperative, which has been in business since 1938. J-A-C primarily serves the three county areas of Jack, Archer and Clay counties of north central Texas. Headquarters' office is located in Bluegrove, just 10 miles south and two miles west of Henrietta, Texas.
J-A-C has 5,900 meters, serving 2,960 members, with 2,020 miles of line, which translates to 2.9 consumers per mile of line. J-A-C's Board of Directors and employees are committed to our member/consumers, by providing the best electric service possible at fair and stable rates.
J-A-C Electric Cooperative members, we continue to monitor the Brazos Electric Cooperative (our generating and transmission company) bankruptcy case. This case has many moving parts and continues to move through the court system in a timely manner. Judge Jones continues to emphasize to all parties in the case the importance of keeping the end user in mind and that he is going to help to the fullest extent of the law. The case is very complex due to the different relationships between all the parties involved. As we have information that can be shared, we will put updates here on our website home page. We are expecting some type of resolution around the middle of 2022.
STRONG PRINCIPLES RUN THROUGH EVERY CO-OP LINE
Miles of Line