People's Electric Cooperative 

Residential Line Extension Credit

 

People’s Electric Cooperative may provide a credit of up to $1800 to offset the cost of constructing power lines to a new residence. 

Here’s how it works:

  1. As a new or existing PEC member, you request electric service to a new residence.
  2. One of PEC’s construction engineers meets with you or your representative on site and determines the cost to provide electric service to the new home.
  3. You will be asked to pay the cost to build the new electric line and sign a contract for the electric service before construction begins.
  4. Up to $1800 of your payment for the new power line will be set aside in a Construction Deposit account. Note: You can avoid paying this Construction Deposit if you meet the permanent requirements prior to construction (see below).
  5. If, within the term of the contract date, the permanent requirements are met at the residence, the amount (plus interest) set aside in the construction deposit account will be refunded to you as long as the construction deposit is paid up front and is not on a pay out plan.

 The following permanent requirements must be met to avoid a construction deposit or to receive a refund:

  1. The member must be the landowner.
  2. Water must be installed (city, rural, well, or water tap fee paid receipt).
  3. Sewer must be installed (city, septic, lagoon, or copy of a perk test).
  4. A stationary foundation must be completed (poured concrete slab or piers).
  5. Occupancy of the dwelling will be permanent and year- round (residence).

 Mobile homes must meet the criteria below:

  1. #’s 1, 2, 3, and 5 from above.
  2. Tongue, wheels and axles must be removed.

Note: Once permanent requirements are met, the member must contact Customer Service at (580) 332-3031 or (877) 456-3031, to request a refund.