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All electric utilities receive federal subsidies in one form or another.
- Some 750 rural electric cooperatives borrow at reduced rates from the Rural Utilities Service.
- This federal assistance amounts to approximately $1 per customer.
- The investor-owned utilities (IOUs) have retained taxes equivalent to an interest-free loan from the federal government equal to $35 per customer.
- Municipal utilities receive tax-exempt financing through tax-exempt bonds representing federal assistance of $55 per customer.
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Copyright 2012, Carroll Electric, 920 Hwy 62 Spur, P.O. Box 4000, Berryville AR 72616, 870-423-2161
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