AEC is excited to announce that there will be no retail rate increase by AEC this year! The Board of Directors approved a revenue-neutral rate change, effective October 1. The base charge will be increased by $1 per month, but the energy rate will be reduced to offset the increase. The net result is that AEC will not see any additional revenue, but will simply make a slight change to where revenue will come from. Overall, this simply means our you can enjoy steady electric rates for another year with no new increase, and spend more time doing what you love!