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Yellowstone Electric Valley Cooperative customers will receive end-of-year rebates for the first time

Posted at 5:40 PM, Dec 14, 2018
and last updated 2019-07-17 14:50:44-04

HUNTLEY – Yellowstone Valley Electric Cooperative was established in 1937, and for the first time in 81 years the utility is giving customers an end-of-year rebate.

The cooperative did not raise its rates and its last rate adjustment was in May 2011.

“Through a lot of work and financial decisions, cooperative operates at a very high level of efficiency,” CEO Brandon Wittman said.

Depending on usage, customers will receive up to 50 percent of their bill back this month.

The company covers a sizeable territory, stretching from Park City to Custer on the west and eastern edges. From north to south, they cover about half way to Roundup and into Pryor.

YVEC has 19 distribution substations, two transmission substations and over 2,500 miles of line serving over 19,000 meters.