At the February meeting of the Prairie Land Electric Cooperative, Inc. Board of Trustees, changes to the rules and regulations that govern the cooperative were approved. Our current rules and regulations can always be found on our website.
Most of the updates were minor changes in wording or the addition of definitions to improve clarity. Those types of changes do not affect the operations of the cooperative.  
The one change that could affect member accounts is the inclusion of Prepaid Billing regulations. This means residential members have an additional option for managing their electric account. 
Prepaid Billing is an optional program that gives a member the power to pay for electricity on his or her own schedule, on an as-needed, pay-as-you-go basis. While the rates are exactly the same, Prepaid Billing participants are exempt from credit checks and from paying deposits, late fees, disconnect and reconnect fees. On Prepaid Billing, the member is assessed a monthly convenience fee of $5. 
If you are on automatic payments or always pay your bill on time, you would not find much benefit in Prepaid Billing. However, if you find that your paycheck consistently comes after the due date, or you’d like to use your deposit towards electricity instead, it could be to your advantage to use Prepaid Billing.
Our customer service representatives would be happy to explain more about the program and help you determine if Prepaid Billing would be a good choice for you. You can also view the program manual here.