Carroll Electric Membership Cooperative (EMC) welcomed a room full of community leaders, government officials and industry figures at its recent Power Breakfast on Thursday, Dec. 5. The annual event gave a high-level report of the co-op’s biggest opportunities and challenges on a local, statewide and federal level.
To an everyday consumer, electricity is no novelty. It is considered a constant. To those in the industry, it is ever evolving, always changing, and even threatened at times. Carroll EMC’s President and CEO, Tim Martin, took time to breakdown how record inflation, increased demand and bad policies are impacting the reliability of power distribution across the state and nation.
“In only four years, we’ve experienced more than twelve years of normal inflation,” said Martin. “Most all of the materials we purchase have gone up at least 40%, and some things, a lot more. For us, those prices aren’t going down. That’s the base moving forward.”…