Launch the media gallery 1 playerACE Board approves $200,000 distribution to Nebraska member communities.
March 06, 2017
ACE, the Public Alliance for Community Energy, is distributing $2,608.36 to the Village of Morrill as its share of $200,000 being distributed through ACE's revenue return program to the 72 Nebraska member communities of the not-for-profit, community-owned natural gas supplier.
Through the program, the ACE board of directors may return excess revenue beyond the cost of operating the the organization to its member communities. The board approved the distribution at its board meeting earlier this year. Since forming in 1998, ACE has returned more than $1.8 million back to its Nebraska members, including $21,167.68 to Morrill. The funds are used in various ways to benefit each ACE member community.
"The formation of ACE was to provide local control regarding competitive natural gas pricing," said Beth Ackland, ACE director of retail gas services. "The added benefit of having money returned back to Nebraska communities is a direct result of ACE being not-for-profit and community-owned."
As it has in every year since forming, ACE will compete as a natural gas supplier in the 20th Nebraska Choice Gas selection period, set for April 13-27. Selections may be made online through April 27 using ACE's website (www.ACEenergy.org) or by phone at 800-454-4759. Selection forms will be mailed out to all eligible customers prior to the start of the selection period.
Learn more about ACE and its role in the Nebraska Choice Gas program at www. ACEenergy.org.
