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Understanding My Bill

Below is an image of a typical monthly bill for service that can be viewed in the document embed window. You may also click on the file link at the bottom of the window or the pop-out icon located in the upper right corner of the image to view a larger image in PDF format. At the right is a descriptive listing for each numbered area on this service summary invoice.  

Sample_Member_Bill_W.pdf
1. Service Summary

Service summary shows any outstanding balance due and current charges for the billing period.

2. Message From Your Cooperative

Message from your cooperative area is a place for Farmers Electric Cooperative to relay important information to you about your account.

3. Readings

Readings show the numbers recorded on your meter(s) at the time they were read. Your kilowatt usage is the difference between these numbers.

4. Service Description

Service description includes the type(s) of service you receive from the cooperative. 

5. kWh Usage

The kWh usage includes a bar graph showing your electrical use by month for the last year, as well as comparing your usage from a year ago with your current usage. If you have a heat meter, there will be bars showing for the months the heat meter is in use.

6 Detail of Charges

Monthly Service Charge: This is a cooperative members’ equal share of fixed costs so power can be available at your location. These fixed costs include poles, wires, transformers, and substations. It also supports fleet, facility, and member service functions, such as line maintenance, substation upgrades, property taxes, right-of-way clearing, and general administrative responsibilities. 

Energy (kWh Charges): The amount of electricity you use each month is measured in kilowatt-hours. The kWh energy charge is designed to recover variable costs, including the cost of power from our power provider, environmental and conservation efforts, capacity requirements, and more.

Heat Usage: For all electric homes, a special heat rate is used for heating your home. The special rate is in effect October 1 thru May 31. 

Power Cost Adjustment: This is an adjustment on your current electric bill that can go up or down dependent upon the true cost of wholesale power purchased from our energy supplier.   

LED Light Monthly Charge: This is a charge to have a cooperative owned LED light.

7. Detachable Portion of Your Bill

The detachable portion of your bill Indicates the total amount due. If you are signed up for automatic withdrawal, it will be indicated here, and you will not need to return this portion with payment.

8. Farmers Electric's Automated Pay by Phone System

Call 888-228-1178 to pay your bill by phone. We are no longer allowed to take your payment over the phone.

 

9. Bar Code

The bar code is used by the post office for sorting by area. 

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Contact Info

Farmers Electric Cooperative, Inc.

2389 Highway 92
Greenfield, IA 50849 


Office: 800-397-4821

Our Mission

To safely provide our members with electric service at the lowest possible cost, consistent with sound business practices.

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©2023 Farmers Electric Cooperative. All Rights Reserved.

  • About Us
    • About Us
    • Annual Meeting
    • Board Of Directors
    • Employees
    • Guiding Documents
    • Mission Statement
    • Power Supplier
    • Publications
    • Service Territory
  • My Account
    • Billing Information
    • Capital Credits (Deferred Patronage Dividends)
    • Understanding My Bill
    • Rates
    • Start/Stop Service
    • Metering
    • Power Outage Tips
    • Payment Options
    • Rebates
    • Contact Us
  • Community
    • Iowa Youth Leadership Academy
    • Youth Tour
    • Economic Development
    • RECare
    • Scholarships
    • Touchstone Energy®
    • Operation Round-Up
  • Member Benefits
    • Brochures
    • Forms
    • Rebates
      • Residential Rebates
      • Commercial Rebates
      • Agricultural Rebates
    • Services
  • Outage & Safety
    • Generator Safety
    • Grain Bin Clearance
    • Iowa One Call
    • Kids Stuff
    • Statewide Outage Information
    • Right-Of-Way Guidelines
    • Safe Electricity
  • Energy Efficiency
    • Appliance Recycling
    • Rebates
    • Touchstone Energy® - Energy Solutions
    • How A Heat Pump Works
    • Watts $Mart
  • Energy Options
    • Wind & Solar
    • Green Pricing Program
  • Legislative
    • Cooperative Action Network
    • Grassroots